4. Prepare the Trial Balance of Mahesh as on 31lst March, 2024. He has omitted to open a Capital Account:

Bank Overdraft 95,000 Purchases 4,45,000
Sales 8,10,000 Cash in Hand 8,500
Purchases Return 22,500 Creditors 2,15,000
Debtors 4,00,500 Sales Return 15,750
Wages 96,000 Equipment 25,000
Capital ? Opening Stock 3,00,500

  T.S.Grewal/2024 Edition/Practical Problems/Q-04

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.

error: Content is protected !!