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  • CBSE×
  • Class 11 Commerce×
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  • Trial Balance And Rectification Of Errors×
  • Preparation Of Trial Balance×

Preparation Of Trial Balance Free Doubts and Solutions

CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

Prepare Trial Balance from the following information: Bank overdraft  Rs.80,000  Purchase Rs.3,90,000 Outstanding Expenses Rs.20,000 Sales Rs.4,20,000 Rent paid in advance Rs.30,000 Purchase Return Rs.10,000 Opening stock Rs.1,10,000  Fixed Assets Rs.2,00,000 Interest Received Rs.15,000  Bank Loan Rs.1,85,000   

Asked by Topperlearning User 27th July 2016, 1:01 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

Which are the three ways of preparing trial balance?

Asked by Topperlearning User 26th July 2016, 12:53 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

State with reason, in which column, the balance of the following accounts will be placed in the trial balance. Carriage inwards Building Insurance Bills payable

Asked by Topperlearning User 26th July 2016, 12:17 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

What are the points to be considered while preparing a trial balance?

Asked by Topperlearning User 26th July 2016, 12:17 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

State in which column the balance of the following accounts will be placed in the trial balance along with reason. Furniture Drawings Discount received Bad debts

Asked by Topperlearning User 26th July 2016, 12:17 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

From the given ledger balances, prepare a trial balance as on 31st January, 2015. Particulars Amount Rs.  Particulars Amount Rs.  Cash in hand 8,000 Carriage inwards 900 Machinery 18,000 Carriage outwards 500 Purchases 55,000 Wages 4,500 Sundry debtors 12,000 Capital 100,000 Sundry creditors 9,000 Drawings 4,000 Rent 3,600 Interest on loan 2,500  

Asked by Topperlearning User 26th July 2016, 12:17 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

From the following information, draw up a trial balance of Mr. Satish Menon as on 31st December, 2015. Capital Rs.59,000; Carriage outwards Rs.800; Interest on loan Rs.5,000; Stock on 1st Jan, 2015 Rs.4,500; Purchases Rs.41,400; Creditors Rs.15,000; Sales Rs.34,600; Premises Rs.56,900.

Asked by Topperlearning User 26th July 2016, 12:17 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

From the following ledger balances prepare the trial balance of Mr. Amol as on 31st March, 2015. Name of Accounts Amount Rs.  Cash 88,000 Creditors 54,000 Computers 45,000 Rent 8,800 Commission 4,000 Sales 44,000 Bank loan 22,500 Bills payable 17,300  

Asked by Topperlearning User 26th July 2016, 12:17 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

What are the limitations of trial balance?

Asked by Topperlearning User 26th July 2016, 12:17 PM
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CBSE - XI Commerce - Accountancy Part I - Trial Balance and Rectification of Errors

Which accounts are not considered while preparing the trial balance?

Asked by Topperlearning User 1st July 2016, 3:14 PM
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