Page 107 - Account 10

balance figures and each column has further two columns for debit and credit figures. In
the same trial balance, the debit and credit balances can be compared with the differences
of debit and credit totals of the respective account. The debit and credit totals of the total
column should be equal and similarly the debit and credit totals of the balance column
should also be equal to each other. But the totals of the total columns are always more than
the totals of the balance columns. The following is the specimen of the mixed method.
Trial Balance
As on 31 Baishakh, 075
st
Total Balance
S.N. Particulars L.F.
Dr. Amount Cr. Amount Dr. Amount Cr. Amount
1 Cash A/c 21,700 16,000 5,700 -
2 Capital A/c - 20,000 - 20,000
3 Bank A/c 15,000 - 15,000 -
4 Purchase A/c 3,000 - 3,000 -
5 Furniture A/c 1,500 - 1,500 -
6 ABC Furniture A/c - 1,500 - 1,500
7 Kailash & Co. A/c - 2,000 - 2,000
8 Sales A/c - 1,700 - 1,700
Total: 41,200 41,200 25,200 25,200

7. List of possible items shown in trial balance.

Debit Credit
S.N. Particulars L.F. Reasons
amount amount
1. Opening stock ×××× Assets
2. Purchase ×××× Expenses
3. Sales return ×××× Decrease in sales
4. Travelling expenses ×××× Expenses
5. Cash ×××× Assets
6. Bank ×××× Assets
7. Commission expenses ×××× Expenses
8. Loan given ×××× Assets
9. Bad debt ×××× Loss/ Expenses
10. Wages ×××× Expenses
11. Rent ×××× Expenses
12. Salary ×××× Expenses
13. Allowance ×××× Expenses
14. Land & building ×××× Assets
15. Machinery and plant ×××× Assets
16. Furniture ×××× Assets
17. Motor ×××× Assets

106 Aakar’s Office Practice and Accountancy - 10 Trial Balance 107