Question 4:
Prepare a Trial Balance from the following items:
|
|
` |
|
` |
|
Capital |
3,40,000 |
Building |
1,20,000 |
|
Opening
Stock |
85,000 |
Returns
Inward |
19,000 |
|
Furniture |
1,26,000 |
Returns
Outward |
3,500 |
|
Purchases |
89,500 |
Trade
Expenses |
10,000 |
|
Cash |
73,000 |
Discount
Received |
9,700 |
|
Carriage |
3,000 |
Salary |
30,000 |
|
Sales |
2,25,000 |
Office
Rent |
22,700 |
Answer:
|
Trial
Balance as on
March 31, 2025 |
|||
|
S.No. |
List
of Items |
Debit
Balances |
Credit
Balances |
|
1 |
Capital |
|
3,40,000 |
|
2 |
Opening
Stock |
85,000 |
|
|
3 |
Furniture |
1,26,000 |
|
|
4 |
Purchases |
89,500 |
|
|
5 |
Cash |
73,000 |
|
|
6 |
Carriage |
3,000 |
|
|
7 |
Sales |
|
2,25,000 |
|
8 |
Building |
1,20,000 |
|
|
9 |
Returns
Inward |
19,000 |
|
|
10 |
Returns
Outwards |
|
3,500 |
|
11 |
Trade
Expenses |
10,000 |
|
|
12 |
Discount
Received |
|
9,700 |
|
13 |
Salary |
30,000 |
|
|
14 |
Office
Rent |
22,700 |
|
|
|
Total |
5,78,200 |
5,78,200 |
Question 5:
Prepare the Trial Balance of Ankit as on 31st March, 2025. He has omitted to open a Capital Account:
|
|
|
|
|
|
|
|
|
` |
|
` |
||
|
Bank
Overdraft |
95,000 |
Purchases |
4,45,000 |
||
|
Sales |
8,10,000 |
Cash
in Hand |
8,500 |
||
|
Purchases
Return |
22,500 |
Creditors |
2,15,000 |
||
|
Debtors |
4,00,500 |
Sales
Return |
15,750 |
||
|
Wages |
96,000 |
Equipment |
25,000 |
||
|
Capital |
? |
Opening
Stock |
3,00,500 |
||
|
|
|
|
|
|
|
Answer:
|
Trial
Balance as on
March 31, 2025 |
|||
|
S.No. |
List
of Items |
Debit
Balances |
Credit
Balances |
|
1 |
Bank
Overdraft |
|
95,000 |
|
2 |
Sales |
|
8,10,000 |
|
3 |
Purchases
Return |
|
22,500 |
|
4 |
Debtors |
4,00,500 |
|
|
5 |
Wages |
96,000 |
|
|
6 |
Capital (Bal.fig.) |
|
1,48,750 |
|
7 |
Purchases |
4,45,000 |
|
|
8 |
Cash
in hand |
8,500 |
|
|
9 |
Creditors |
|
2,15,000 |
|
10 |
Sales
Return |
15,750 |
|
|
11 |
Equipment |
25,000 |
|
|
12 |
Opening
Stock |
3,00,500 |
|
|
|
Total |
12,91,250 |
12,91,250 |
Question 6:
From the following information, prepare a Trial Balance of M/s. Prayag for the year ended 31st March, 2025:
|
|
|
|
|
|
|
|
` |
` |
||
|
Capital Accounts |
2,25,000 |
Sales |
1,54,500 |
|
|
Furniture and Fittings |
6,400 |
Bank (Cr. Balance) |
28,500 |
|
|
Motor Car |
62,500 |
Purchase Returns |
1,250 |
|
|
Buildings |
1,75,000 |
Commission (Cr.) |
3,750 |
|
|
Total Debtors |
38,000 |
Sales Return |
2,000 |
|
|
Total Creditors |
25,000 |
Advertisement |
2,500 |
|
|
Bad Debts |
1,250 |
Interest Account (Dr.) |
1,180 |
|
|
Stock (1st April 2018) |
34,600 |
Cash Balance |
6,500 |
|
|
Purchases |
54,750 |
Insurance and Taxes |
12,500 |
|
|
Input IGST A/c |
3,000 |
Salaries |
40,820 |
|
|
Output CGST A/c |
1,500 |
Output SGST A/c |
1,500 |
|
Answer:
|
Trial Balance as on March 31, 2025 |
|||
|
S.No. |
List of Items |
Debit Balances |
Credit Balances |
|
1 |
Capital Accounts |
- |
2,25,000 |
|
2 |
Furniture & Fittings |
6,400 |
- |
|
3 |
Motor Car |
62,500 |
- |
|
4 |
Buildings |
1,75,000 |
- |
|
5 |
Total Debtors |
38,000 |
- |
|
6 |
Total Creditors |
|
25,000 |
|
7 |
Bad Debts |
1,250 |
- |
|
8 |
Opening Stock |
34,600 |
- |
|
9 |
Purchases |
54,750 |
- |
|
10 |
Input IGST A/c |
3,000 |
- |
|
11 |
Output CGST A/c |
- |
1,500 |
|
12 |
Sales |
- |
1,54,500 |
|
13 |
Bank Overdraft |
- |
28,500 |
|
14 |
Purchases Return |
- |
1,250 |
|
15 |
Commission (Cr.) |
- |
3,750 |
|
16 |
Sales Return |
2,000 |
- |
|
17 |
Advertisement |
2,500 |
- |
|
18 |
Interest Account (Dr.) |
1,180 |
- |
|
19 |
Cash Balance |
6,500 |
- |
|
20 |
Insurance & Tax |
12,500 |
- |
|
21 |
Salaries |
40,820 |
- |
|
22 |
Output SGST A/c |
- |
1,500 |
|
|
Total |
4,41,000 |
4,41,000 |
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Ts Grewal Solution 2025-2026
Class 11th