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Question No 9 Chapter No 13
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9. From the following Ledger account balance extracted from the books of R.J. Gupta, prepare a Trial Balance as on 31St March 2018
| Rs | Rs | ||
| Purchases | 1,04,000 | Drawing | 7,950 |
| Sundry Debtor | 18,550 | Sundry creditors | 8,300 |
| Premises | 62,000 | Return inwards | 5,360 |
| Sales | 1,49,000 | Furniture | 15,600 |
| Return outward | 8,900 | Cash in hand | 390 |
| Rates and taxes | 780 | Capital | 85,000 |
| Cash at bank | 1,580 | Factory wages | 5,830 |
| Carriages inwards | 650 | Carriage outwards | 260 |
| Salaries | 3,900 | Rent received | 2,990 |
| Stock (1st April 2017) | 25,000 | Insurance | 2,100 |
| Input IGST A/c | 5,000 | Bad debts | 260 |
| Input CGST A/c | 2,500 | Output IGST A/c | 5,00,000 |
| Input SGST A/c | 2,500 | Travelling expenses | 50,000 |
The solution of Question No 9 Chapter No 13: –
| Trail Balance A/c | |||
| Particulars | J.F. | Debit | Credit |
| Purchases | 1,04,000 | ||
| Sundry debtors | 18,550 | ||
| Premises | 62,000 | ||
| Sales | 1,49,000 | ||
| Return outward | 8,900 | ||
| Rates and taxes | 780 | ||
| Cash at bank | 1,560 | ||
| Carriages inwards | 650 | ||
| Salaries | 3,900 | ||
| Stock on (1st April 2017) | 25,000 | ||
| Input IGST A/c | 5,000 | ||
| Input CGST A/c | 2,500 | ||
| Input SGST A/c | 2,500 | ||
| Drawing | 7,950 | ||
| Sundry creditors | 8,300 | ||
| Return inwards | 5,360 | ||
| Furniture | 15,600 | ||
| Cash in hand | 390 | ||
| Capital | 85,000 | ||
| Factory wages | 5,830 | ||
| Carriages outwards | 260 | ||
| Rent received | 2,990 | ||
| Insurance | 2,100 | ||
| Bad debts | 260 | ||
| Output IGST A/c | 10,000 | ||
| 2,64,190 | 2,64,190 | ||
To understand more about cash book please check out following links: –
Trial Balance | Explanation | Methods | Examples
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Also, Check out the solved question of previous Chapters: –
- Chapter No. 1 – Introduction to Accounting
- Chapter No. 2 – Basic Accounting Terms
- Chapter No. 3 – Theory Base of Accounting, Accounting Standards and International Financial Reporting Standards(IFRS)
- Chapter No. 4 – Bases of Accounting
- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 7 – Origin of Transactions – Source Documents and Preparation of Vouchers
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
- Chapter No. 10 – Special Purpose Books I – Cash Book
- Chapter No. 11 – Special Purpose Books II – Other Books
- Chapter No. 12 – Bank Reconciliation Statement
- Chapter No. 13 – Trial Balance
- Chapter No. 14 – Depreciation
- Chapter No. 15 – Provisions and Reserves
- Chapter No. 16 – Accounting for Bills of Exchange
- Chapter No. 17 – Rectification of Errors
- Chapter No. 18 – Financial Statements of Sole Proprietorship
- Chapter No. 19 – Adjustments in preparation of Financial Statements
- Chapter No. 20 – Accounts from incomplete Records – Single Entry System
- Chapter No. 21 – Computers in Accounting
- Chapter No. 22 – Accounting Software – Tally
- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
- Chapter No. 10 – Special Purpose Books I – Cash Book
Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication
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