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CBSE Class 11-commerce Answered

The balances were extracted from the books of Mr. Rao on 31st March, 2015. You are required to prepare a trial balance using the information. Particulars Rs.  Particulars Rs.  Capital 46,000 Debtors 3,777 Opening stock 12,000 Return outwards 1,400 Interest on loan 3,600 Bad debts 1,423 Purchases 6,300 Cash in hand 4,789 Loan from Y bank 14,700 Sales 12,320 Drawings 4,500 Creditors 5,000 Machinery 6,000 Bank 18,631 Advertisement 3,000 Return inwards 1,400 Furniture 6,200 Discount received 2,400 Fixtures 3,300 Wages 6,900  
Asked by Topperlearning User | 26 Jul, 2016, 12:17: PM
answered-by-expert Expert Answer

 

Particulars

L.F.

Debit Balance

Rs. 

Credit Balance

Rs. 

Capital

 

 

46,000

Opening Stock

 

12,000

 

Interest on Loan

 

3,600

 

Purchases

 

6,300

 

Debtors

 

3,777

 

Return outwards

 

 

1,400

Bad debts

 

1,423

 

Cash in hand

 

4,789

 

Sales

 

 

12,320

Loan from Y Bank

 

 

14,700

Drawings

 

4,500

 

Machinery

 

6,000

 

Advertisement

 

3,000

 

Creditors

 

 

5,000

Bank

 

18,631

 

Return inwards

 

1,400

 

Furniture

 

6,200

 

Fixtures

 

3,300

 

Discount received

 

 

2,400

Wages

 

6,900

 

Total

 

90,500

90,500

 

 

 

Answered by | 26 Jul, 2016, 02:17: PM
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