Question 1:
Prepare a Trial Balance with the following information:
|
Sr. No |
Name of Account |
Balance |
Sr. No |
Name of Account |
Balance |
|
(i) (iii) (v) (vii) |
Capital |
5,00,000 1,80,000 1,00,000 3,00,000 |
(ii) (vi) (viii) |
Stock |
70,000 6,00,000 1,50,000 2,00,000 |
Answer:
|
Trial Balance |
|||
|
S. No. |
Account Title |
Debit Balance (Rs) |
Credit Balance (Rs) |
|
(i) |
Capital |
|
5,00,000 |
|
(ii) |
Stock |
70,000 |
|
|
(iii) |
Cash |
1,80,000 |
|
|
(iv) |
Debtors |
6,00,000 |
|
|
(v) |
Creditors |
|
1,00,000 |
|
(vi) |
Bank Loan |
|
1,50,000 |
|
(vii) |
Sales |
|
3,00,000 |
|
(viii) |
Purchases |
2,00,000 |
|
|
|
|
10,50,000 |
10,50,000 |
|
|
|
|
|
Question 2:
From the following ledger balances,
prepare Trial Balance:
Capital ₹20,800; Rent outstanding
₹1,420; Amount due to Mohan ₹15,000; Drawings ₹2,800;
Goodwill
₹12,000; Interest received ₹2,000; Discount received ₹1,580;
Amount due from Kabir ₹26,000.
Answer:
|
Account Title |
Debit Balance (Rs) |
Credit Balance (Rs) |
|
Capital |
20,800 |
|
|
Rent outstanding |
1,420 |
|
|
Amount due to Mohan |
15,000 |
|
|
Drawings |
2,800 |
|
|
Goodwill |
12,000 |
|
|
Interest received |
2,000 |
|
|
Discount received |
1,580 |
|
|
Amount due from Kabir |
26,000 |
|
|
|
40,800 |
40,800 |
|
|
|
|
Question
3:
Journalise the following transactions, post them into Ledger and prepare a Trial Balance:
|
|
|
|
|
|
|
|
2025 |
|
(`) |
2025 |
|
(`) |
|
April 1 |
Vijay
commenced business with cash |
1,00,000 |
April 20 |
Received
cash from Gopal |
3,950 |
|
April 3 |
Bought
goods |
5,000 |
|
Discount
Allowed |
50 |
|
April 4 |
Sold
goods to Gopal |
4,000 |
April 25 |
Paid
wages |
700 |
|
April 10 |
Bought
goods from Ram |
8,000 |
April 27 |
Paid
to Ram in full settlement |
7,700 |
|
April 15 |
Paid
trade expenses |
2,000 |
April 30 |
Paid
rent |
1,500 |
Answer:
|
Books of Vijay |
|||||
|
Date |
Particular |
L.F. |
Debit Amount (`) |
Credit Amount (`) |
|
|
2025 |
|
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
1,00,000 |
|
|
|
To Capital A/c |
|
|
1,00,000 |
|
|
|
(Commenced business with Cash) |
|
|
|
|
|
|
|
|
|
|
|
|
April 03 |
Purchases A/c |
Dr. |
|
5,000 |
|
|
|
To Cash A/c |
|
|
5,000 |
|
|
|
(Bought goods) |
|
|
|
|
|
|
|
|
|
|
|
|
April 04 |
Gopal |
Dr. |
|
4,000 |
|
|
|
To Sales A/c |
|
|
4,000 |
|
|
|
(Goods Sold to Gopal) |
|
|
|
|
|
|
|
|
|
|
|
|
April 10 |
Purchases A/c |
Dr. |
|
8,000 |
|
|
|
To Ram |
|
|
8,000 |
|
|
|
(Bought goods from Ram) |
|
|
|
|
|
|
|
|
|
|
|
|
April 15 |
Trade Expenses A/c |
Dr. |
|
2,000 |
|
|
|
To Cash A/c |
|
|
2,000 |
|
|
|
(Paid trade expenses) |
|
|
|
|
|
|
|
|
|
|
|
|
April 20 |
Cash A/c |
Dr. |
|
3,950 |
|
|
|
Discount Allowed A/c |
Dr. |
|
50 |
|
|
|
To Gopal |
|
|
4,000 |
|
|
|
(Cash received from Gopal and discount allowed) |
|
|
|
|
|
|
|
|
|
|
|
|
April 25 |
Wages A/c |
Dr. |
|
700 |
|
|
|
To Cash |
|
|
700 |
|
|
|
(Paid Wages) |
|
|
|
|
|
|
|
|
|
|
|
|
April 27 |
Ram |
Dr. |
|
8,000 |
|
|
|
To Cash A/c |
|
|
7,700 |
|
|
|
To Discount Received A/c |
|
|
300 |
|
|
|
(Paid to Ram and discount received from him) |
|
|
|
|
|
|
|
|
|
|
|
|
April 30 |
Rent A/c |
Dr. |
|
1,500 |
|
|
|
To Cash A/c |
|
|
1,500 |
|
|
|
(Paid Rent) |
|
|
|
|
|
Cash Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 01 |
Capital |
|
1,00,000 |
April 03 |
Purchases |
|
5,000 |
|
|
April 20 |
Gopal |
|
3,950 |
April 15 |
Trade Expenses |
|
2,000 |
|
|
|
|
|
|
April 25 |
Wages |
|
700 |
|
|
|
|
|
|
April 27 |
Ram |
|
7,700 |
|
|
|
|
|
|
April 30 |
Rent |
|
1,500 |
|
|
|
|
|
|
|
Balance c/d |
|
87,050 |
|
|
|
|
|
1,03,950 |
|
|
|
1,03,950 |
|
|
|
|
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|
|
|
Capital Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 30 |
Balance c/d |
|
1,00,000 |
April 01 |
Cash |
|
1,00,000 |
|
|
|
|
|
1,00,000 |
|
|
|
1,00,000 |
|
|
|
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|
|
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|
Purchases Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 03 |
Cash |
|
5,000 |
April 30 |
Balance c/d |
|
13,000 |
|
|
April 10 |
Ram |
|
8,000 |
|
|
|
|
|
|
|
|
|
13,000 |
|
|
|
13,000 |
|
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|
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|
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|
Sales Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 30 |
Balance c/d |
|
4,000 |
April 04 |
Gopal |
|
4,000 |
|
|
|
|
|
4,000 |
|
|
|
4,000 |
|
|
|
|
|
|
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|
Gopals’ Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 04 |
Sales |
|
4,000 |
April 20 |
Cash |
|
3,950 |
|
|
|
|
|
|
April 20 |
Discount Allowed |
|
50 |
|
|
|
|
|
4,000 |
|
|
|
4,000 |
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
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|
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|
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|
Ram’s Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 27 |
Cash |
|
7,700 |
April 10 |
Purchases |
|
8,000 |
|
|
|
Discount Received |
|
300 |
|
|
|
|
|
|
|
|
|
8,000 |
|
|
|
8,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
Trade Expenses Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 15 |
Cash |
|
2,000 |
April 30 |
Balance c/d |
|
2,000 |
|
|
|
|
|
2,000 |
|
|
|
2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount Received Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 20 |
Balance c/d |
|
300 |
April 20 |
Ram |
|
300 |
|
|
|
|
|
300 |
|
|
|
300 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wages Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 25 |
Cash |
|
700 |
April 30 |
Balance c/d |
|
700 |
|
|
|
|
|
700 |
|
|
|
700 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount Allowed Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 27 |
Gopal |
|
50 |
April 01 |
Balance c/d |
|
50 |
|
|
|
|
|
50 |
|
|
|
50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rent Account |
||||||||
|
Dr. |
|
Cr. |
||||||
|
Date |
Particulars |
J.F |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
|
2025 |
|
|
|
2025 |
|
|
|
|
|
April 30 |
Cash |
|
1,500 |
April 30 |
Balance c/d |
|
1,500 |
|
|
|
|
|
1,500 |
|
|
|
1,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trial Balance |
||||
|
S. No. |
Account Title |
L.F. |
Debit Balance (`) |
Credit Balance (`) |
|
(i) |
Cash |
|
87,050 |
|
|
(ii) |
Capital |
|
|
1,00,000 |
|
(iii) |
Sales |
|
|
4,000 |
|
(iv) |
Trade Expenses |
|
2,000 |
|
|
(v) |
Discount Received |
|
|
300 |
|
(vi) |
Wages |
|
700 |
|
|
(vii) |
Discount Allowed |
|
50 |
|
|
(viii) |
Rent |
|
1,500 |
|
|
(ix) |
Purchases |
|
13,000 |
|
|
|
|
|
1,04,300 |
1,04,300 |
|
|
|
|
|
|
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Ts Grewal Solution 2025-2026
Class 11th