3. (A) Prepare a Trial Balance from the following balances as at 31st March, 2023 Name of Accounts Rs. Name of Accounts Rs. Stock on 1-4-2022 28,800 Returns Inwards 7,500 Purchases 82,000 Returns Outwards 5,600 Sales 1,60,000 Carriage Inwards 1,640 Wages 16,160 Carriage Outwards 3,200 Salaries 6,400 Furniture 12,000 Repair Charges 500 Motor Car 80,000 … Read more
2. From the following balances, taken from the books of M/s Dwarka Prashad & Sons as at 31st March 2023, prepare a Trial Balance in proper form : Name of Accounts Rs. Name of Accounts Rs. Cash in Hand 4,500 Machinery 24,000 Bank Overdraft 8,000 Land & Buildings 50,000 Opening Stock 20,000 Debtors 18,400 Purchases … Read more
1. Given below is a Cash Book and Ledger extracts relating to the books of M/s Ram Chander & Sons as at 3lst January 2020. You are required to prepare a Trial Balance. Dr. CASH BOOK Cr. Date Particulars L.F. Cash Bank Date Particulars L.F. Cash Bank 2020 ₹ ₹ ₹ ₹ Jan.1 To Capital … Read more
12. Correct the following Trial Balance: Debit Balances ₹ Credit Balances ₹ Opening Stock 1,02,600 Debtors 45,000 Total 7,98,600 7,98,600 T.S.Grewal/2024 Edition/Practical Problems/Q-12 For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd. Answer : The … Read more
11. Prepare correct Trial Balance from the following Trial Balance in which there are. certain mistakes: Heads of Accounts Dr. (₹) Cr. (₹) Adjusted Purchases 1,50,000 Closing Stock 40,000 Total 3,50,000 3,50,000 T.S.Grewal/2024 Edition/Practical Problems/Q-11 For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class … Read more
10. Redraft correctly the Trial Balance given below: Debit Balances ₹ Credit Balances ₹ Capital 8,000 Debtors 7,580 Total 27,460 27,460 T.S.Grewal/2024 Edition/Practical Problems/Q-10 For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd. Answer : … Read more
9. Following Trial Balance is given but it is not correct. Prepare correct Trial Balance. Debit Balances ₹ Credit Balances ₹ Building 3,00,000 Capital 3,68,000 Machinery 85,000 Furniture 28,000 Returns Outward 13,000 Sales 5,20,000 Bad Debts 14,000 Debtors 3,00,000 Cash 2,000 Interest Received 13,000 Discount Received 15,000 Bank Overdraft 50,000 Creditors 2,50,000 Purchases 5,00,000 12,29,000 … Read more
8. From the following Ledger account balances extracted from the books of Shivan, prepare a Trial Balance as on 31lst March, 2024: ₹ ₹ Purchases 1,04,000 Drawings 7,950 Sundry Debtors 18,550 Sundry Creditors 8,300 Premises 62,000 Returns Inward 5,360 Sales 1,49,000 Furniture 15,600 Returns Outward 8,900 Cash in Hand 390 Discount Allowed 780 Capital 85,000 … Read more
7. From the following balances extracted from the Ledger of Nagrath, prepare Trial Balance as on 31st March, 2024: ₹ ₹ Capital 75,00,000 Building 7,50,000 Plant 15,00,000 Stock on 1st April, 2023 12,50,000 Cash in Hand 2,500 Cash at Bank 5,75,000 Commission Received 1,75,000 Rates, Taxes and Insurance 30,000 Discount (Dr.) 55,000 Discount (Cr) 45,000 … Read more
6. From the following information, prepare a Trial Balance of Gurman for the year ended 31st March, 2024: ₹ ₹ Capital Accounts 2,25,000 Sales 1,54,500 Furniture and Fittings 6,400 Bank (Cr. Balance) 28,500 Motor Car 62,500 Purchases Return 1,250 Buildings 1,75,000 Commission (Cr.) 3,750 Total Debtors 38,000 Sales Return 2,000 Total Creditors 25,000 Advertisement 2,500 … Read more