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  • Abc Trader Trial Balance: For 1-Jul-2020

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    Gurvinder Singh
    10 views6 pages
    This trial balance on July 1, 2020 belongs to ABC Trader and includes debit and credit amounts for capital, assets, liabilities, income and expense accounts. Key accounts include Aman Capital with a debit of Rs. 15,000, Sahil S Loan as a liability with a credit of Rs. 20,000, total current assets of Rs. 3,62,350, total sales of Rs. 75,000 and total expenses of Rs. 36,650 resulting in a net profit of Rs. 16,300.

    Original Description:

    Original Title

    Trial Balance 4

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    This trial balance on July 1, 2020 belongs to ABC Trader and includes debit and credit amounts for capital, assets, liabilities, income and expense accounts. Key accounts include Aman Capital with a debit of Rs. 15,000, Sahil S Loan as a liability with a credit of Rs. 20,000, total current assets of Rs. 3,62,350, total sales of Rs. 75,000 and total expenses of Rs. 36,650 resulting in a net profit of Rs. 16,300.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    10 views6 pages

    Abc Trader Trial Balance: For 1-Jul-2020

    Uploaded by

    Gurvinder Singh
    This trial balance on July 1, 2020 belongs to ABC Trader and includes debit and credit amounts for capital, assets, liabilities, income and expense accounts. Key accounts include Aman Capital with a debit of Rs. 15,000, Sahil S Loan as a liability with a credit of Rs. 20,000, total current assets of Rs. 3,62,350, total sales of Rs. 75,000 and total expenses of Rs. 36,650 resulting in a net profit of Rs. 16,300.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 6

    ABC TRADER

    Trial Balance
    For 1-Jul-2020
    Closing Balance
    Debit Credit
    Capital Account
    Aman Capital A/c
    Drawing A/c
    Loans (Liability)
    Sahil S Loan
    Current Liabilities
    Sundry Creditors
    Fixed Assets
    Computer
    Furniture
    Landline Phone
    Printer
    Current Assets
    Opening Stock
    Sundry Debtors
    Cash-in-Hand
    Bank Accounts
    Sales Accounts
    Sale Account
    Purchase Accounts
    Purchase A/c
    Indirect Incomes
    Commission
    Indirect Expenses
    Elctricity Expense A/c
    Rent A/c
    Salary A/c
    Tea Expense
    Profit & Loss A/c

    Grand Total
                     15,000.00                 2,00,000.00    
    2,00,000.00
    15,000.00
    20,000.00
    20,000.00
                     10,000.00                 1,95,000.00    
    10,000.00 1,95,000.00
    29,000.00
    15,000.00
    4,000.00

    5,000.00

    5,000.00

    3,62,350.
    00 75,000.00
    11,000.00

    2,06,850.
    00 69,500.00
    11,000.00
    11,000.00
    50,000.00

    50,000.00

    20,000.00
    20,000.00
    16,300.00
    2,000.00

    2,500.00

    11,000.00
    800.00

    36,650.00

    4,82,650. 4,82,650.00
    00

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