D.K Goal +1 New ISC Accountancy Solutions Chapter No. 10. Trial Balance

Question No 01 Chapter No 10

01.Given below is a Cash Book and Ledger extracts relating to the books of M/s Ram Chander & Sons as at 31st
January 2015. You are required to prepare a Trial Balance.

Cash Account

Date	Particular	L.F	Cash	Bank	Date	Particular	L.F	Cash	Bank
2020			Rs	Rs	2020			Rs	Rs
Jan.1	To Capital A/c		5,00,000		Jan.2	By Bank A/c		4,30,000
Jan.2	To Cash A/c			4,30,000	Jan.3	By Purchases A/c			42,000
Jan.10	To Sale A/c		36,000		Jan.20	By Mukesh A/c			5,52,000
Jan.12	To Sale A/c			20,000	Jan.27	By Rent A/c		8,000
Jan.15	To Navdeep			4,70,000
Jan.18	To Onkare Shwar A/c			2,65,000
			5,36,000	11,85,000				4,38,000	5,94,000
					Jan.31	By Balance C/d		98,000	5,91,000
			5,36,000	11,85,000				5,36,000	11,85,000

Capital Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
Jan.31	To Balance c/d		5,00,000	Jan.1	By Cash A/c		5,00,000
			5,00,000				5,00,000

Purchases Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
Jan.3	To Bank A/c		42,000
Jan.31	To Sundries as per purchase book		6,40,000

Purchases Return Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
				Jan.31	By Sundries as per Purchases return Book		10,000

Sale Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
				Jan.10	By Cash A/c		36,000
				Jan.12	By Bank A/c		20,000
				Jan.31	By Sundries as per Sale book		9,25,000

Sale Return Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
Jan.31	To Sundries as per sale Return Book		15,000

Mukesh Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
Jan.7	To Purchases return A/c		10,000	Jan.6	By Purchases A/c		6,40,000
Jan.20	To Bank A/c		5,52,000
Jan.31	To Balance C/d		78,000
			6,40,000				6,40,000

Navdeep Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
Jan.13	To Sale A/c		6,00,000	Jan.15	By Bank A/c		4,70,000
				Jan.31	BY Balance C/d		1,30,000
			6,00,000				6,00,000

Onkareshvar Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
Jan.14	To Sale A/c		3,25,000	Jan.15	By Sale Return A/c		15,000
				Jan.18	By Bank A/c		2,65,000
				Jan.31	BY Balance c/d		45,000
			3,25,000				3,25,000

Rent Account

Date	Particular	L.F	Amount	Date	Particular	L.F	Amount
2020			Rs	2020			Rs
Jan.27	To Cash A/c		8,000

The solution of Question No 01 Chapter No 10: -  

Trail Balance A/c
Particulars	J.F.	Debit	Credit
Cash A/c		98,000
Bank A/c		5,91,000
Capital A/c			5,00,000
Purchases A/c		6,82,000
Purchases Return A/c			10,000
Sales A/c			9,81,000
Sales Return A/c		15,000
Mukesh A/c			78,000
Navdeep A/c		1,30,000
Onkareshvar A/c		45,000
Rent A/c		8,000
		15,69,000	15,69,000

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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

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