Question No 03 B Chapter No 10 – D.K Goal 11 Class

Question No 03 B Chapter No 10

03. B Prepare a Trial Balance from the following balances taken as of 31st March 2017 :−

Name of Accounts	Rs	Name of Accounts	Rs
Capital	2,50,000	Purchases	2,15,300
Drawings	24,000	Sales	3,80,000
Debtors	57,000	Miscellaneous Expenses	8,200
Creditors	28,500	Miscellaneous Receipts	3,600
Land & Building	1,80,000	Bad Debts	7,100
Plant	1,20,000	Bills Receivable	5,000
Stock on 1-4-2016	22,800	Loan from X	20,000
Factory Expenses	16,600	Interest on X’s Loan	3,000
Office Expenses	7,700	Cash in hand	8,400
Purchases Return	6,000	Goodwill	10,000
Stationery	500
Freight	2,500

The solution of Question No 03 B Chapter No 10: –  

Trail Balance A/c
Particulars	J.F.	Debit	Credit
Capital A/c			2,50,000
Drawings A/c		24,000
Debtors A/c		57,000
Creditors A/c			28,500
Land & Building A/c		1,80,000
Plant A/c		1,20,000
Stock on 1-4-2007 A/c		22,800
Factory Expenses A/c		16,600
Office Expenses A/c		7,700
Purchases Return A/c			6,000
Stationery A/c		500
Freight A/c		2,500
Purchases A/c		2,15,300
Sales A/c			3,80,000
Miscellaneous Expenses A/c		8,200
Miscellaneous Receipts A/c			3,600
Bad Debts A/c		7,100
Bills Receivable A/c		5,000
Loan from X A/c			20,000
Interest on X’s Loan A/c		3,000
Cash A/c		8,400
Goodwill A/c		10,000
		6,88,100	6,88,100

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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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