Page 122 - Account 10

21. Prepare the Trial Balance of Rabi Furniture Industry for the fiscal year
2075/076 from the following particulars.

Particulars Amount (Rs.) Particulars Amount (Rs.)
Purchase 40,000 Suppliers 35,000
Sales 70,000 Bills payable 15,000
Loan to Mohan 60,000 Land & Building 45,000
Bank Overdraft 40,000 Wages and Salary 15,000
Ans: Total Rs. 1,60,000
22. Prepare the Trial Balance of Himal Iron Industry for the fiscal year 2075/076
from the following particulars.
Particulars Amount (Rs.) Particulars Amount (Rs.)
Capital 50,000 Advance Wages 25,000
Loose tools 65,000 Bills receivable 30,000
Trade Mark 35,000 Loan of Hari 20,000
Sales 60,000 Creditors 25,000
Ans: Trial Balance Total: 1,55,000
23. Prepare the Trial Balance of Krishna Masala Industry for the fiscal year
2075/076 from the following particulars.
Particulars Amount (Rs.) Particulars Amount (Rs.)
Gas and Water 20,000 Commission 25,000
Reserve 25,000 Bills Payable 50,000
Closing Stock 5,000 Preliminary Expenses 45,000
Capital 40,000 Insurance 20,000
Ans: Trial Balance Total: 1,15,000
24. Prepare the Trial Balance of Ram & Sita Co. for the fiscal year 2075/076 from
the following particulars.
Particulars Amount (Rs.) Particulars Amount (Rs.)
Purchase 75,000 Ram’s capital 90,000
Discount on Sale 10,000 Commission to Salesman 25,000
Commission Received 25,000 Profit on Sale of Fixed Assets 10,000
Bills Receivable 25,000 Income from Investment 10,000
Ans: Trial Balance Total: 1,35,000
25. Prepare the Trial Balance of Nepal Feed Industry for the fiscal year 2075/076
from the following particulars.
Particulars Amount Particulars Amount
Advertisement 30,000 Dividend Received 30,000
Short Term Loan 35,000 Outstanding Salary 15,000
Goodwill 33,000 Insurance 22,000
Advance Expenses 15,000 Received Interest on Development Bond 20,000
Ans: Trial Balance Total: 1,00,000

122 Aakar’s Office Practice and Accountancy - 10 Trial Balance 123