Page 119 - Account 10

Jestha 5 Withdrawn Rs. 2,000 on a permanent basis out of capital.
Jestha 6 Brought in additional capital of Rs. 5,000.
Jestha 9 Sale of goods Rs. 9,500.
Jestha 10 Drawings made during the year Rs. 2,500.
Jestha 12 Furniture purchased from Pooja Rs.10,000.

Jestha 15 Goods purchased from Manish Rs. 5,000.
Jestha 22 Goods purchased Rs. 3,000.
Jestha 30 Paid salaries Rs. 3,000.

14. From the following ledger balances, prepare a Trial Balance as on 30 Chaitra,
th
2075.
Ledger Balances Amount Ledger Balances Amount
Capital 20,000 Stock (1-12-2075) 6.000
Drawing 1,000 Purchase 11,000
Purchase returns 500 Insurance 200
Sales 21,000 Salaries 1,500
Sales returns 1,000 Commission 1,200
Wages 3,000 Interest 500
Carriage inward 500 Trading expenses 300
Carriage outward 800 Rent & taxes 400
Printing and stationery 600 Cash in hand 1,000
Plants & machinery 4,000 Cash at bank 2,000
Land and building 5,000 Creditors 1,300
Debtors 1,900 Bills payables 700
Bills receivables 1,600
Ans: Total Rs. 43,500

15. Prepare a Trial Balance from the following information.
Ledger Balances Amount Ledger Balances Amount
Suresh’s capital 1,556 Suresh’s drawing 564
Leasehold premises 741 Sales 2,756
Due form customers 530 Purchases 1,268
Purchase returns 264 Loan from bank 250
Creditors 528 Trading and office expenses 784
Cash in hand 142 Bills payables 100
Salaries & Wages 598 Opening stock 264
Rent rates and taxes 465 Sales returns 98
Ans: Total: 5454

118 Aakar’s Office Practice and Accountancy - 10 Trial Balance 119