Page 120 - Account 10

16. From the following ledger balances extracted from the books of Baburam,
prepare a Trial Balance as on 31 Baisakh, 076.
st
Ledger Balances Amount Ledger Balances Amount
Baburam’s capital 1,00,000 Vehicle 30,000
Baburam’s drawing 7,500 Clearing charges 2,500
Loan on mortgage 60,000 Carriage & cartage 3,500
Business premises 62,000 Trade expenses 5,000
Dock charges 2,000 Carriage insurance 1,500
Purchase 80,000 Wages 17,000
Stock at commencement 10,000 Suppliers 26,000
Shipping and railway freight 6,000 Patent 18,000
Bad debt recovered 3,000 Trade marks 22,000
Miscellaneous receipts 5,800 Bank overdraft 30,000
Customers 30,000 Cash in hand 13,000
Account receivables 7,000 Sales 1,35,000
Account payables 8,000 Commission (Cr) 2,200
Plant & Machinery 34,000 Interest on loan 3,000
Equipments 16,000
Ans: Total: 3,70,000

17. The following balances were extracted from the books of Niraj Bros. as on 31
st
Bhadra, 075. Prepare Trial Balance.
Ledger Balances Amount Ledger Balances Amount
Capital 10,000 Packing and printing 300
Cash in hand 1,700 S/creditors 4,500
Cash at bank 7,000 Trade expenses 1,600
Stock (1-5-075) 1,000 Drawing 1,500
Purchases 11,000 Bills payables 3,500
Bad debt (loss) 500 S/debtors 8,000
Carriage in 800 Repairs and maintenance 700
Return to suppliers 1,000 Reserve fund 2,500
Wages 4,000 Sales 17,000
Rent and rates 600 Return form customers 1,400
Legal charges 400 Carriage out 400
Ans: Trial Balance Total: 40,900,
Suspense A/c (Cr): 2,400,

120 Aakar’s Office Practice and Accountancy - 10 Trial Balance 121