Ans :

ASSIGNMENT
Unit VI: TRIAL BALANCE
1. Prepare Trial Balance for Following:
2.

Particulars Amount in `
Capital 2,70,000/-
Interest allowed 11,880/- Ans:
Drawing 27,000/-
Octroi duty 21,600/-
Sales return 16,200/-
Purchase return 5,400/-
Commission received 2,700/-
Discount allowed 1,620/-
Loan 43,200/-
Repair & maintenance 59,400/-
Sales 7,02,000/-
Purchase 4,32,000/-
Cash 54,000/-
Bank overdraft 27,000/-
Creditors 32,400/-
Debtors 54,000/-
Furniture 27,000/-
Building 2,16,000/-
Machinery 1,62,000
Name of the account LF Dr. balance [rs.] Cr.balance [rs.]
Capital 2,70,000
Interest allowed 11,880
Drawing 27,000
Octroi duty 21,600
Sales return 16,200
Purchase return 5400
Commission received 2,700
Discount allowed 1,620
Loan 43,200
Repair & maintainance 59,400
Sales 7,02,000
Purchase 4,32,000
Cash 54,000
 Ans :
Bank overdraft 27000
Creditors 32,400
Debtors 54,000
Furniture 27,000
Building 2,16,000
Machinery 1,62,000
Total 10,70,820 10,94,580

2. Prepare the Trial Balance from the following ledger of Mr. Will Smith as on 31 st march 2015
Particulars Amount(Rs.)
Capital 50,000
Debtor 2,500
Wages 3,500
Commission Given 1,500
Furniture 12,500
Advertisement 2,500
Bad debts 600
Carriage 2,500
Purchases 15,000
Salary 4,500
Sales 40,000
Postage 250
Creditors 4,000
Land and Building 45,000
Bank Loan 2,000
Cash in Hand 1,250
Rent 2,900
Drawings 1,500
Ans :
Particulars Debit balance Credit balance
amount amount
Capital 50,000
Debtor 2,500
Wages 3,500
Commission given 1,500
Furniture 12,500
Advertisement 2,500
Bad debts 600
Carriage 2,500
Purchase 15,000
Salary 4,500
Sales 40,000
Postage 250
Creditors 4,000
Land and building 45,000
Bank loan 2,000
Cash in hand 1,250
Rent 2,900
drawings 1,500
Total 96,000 96,000