Page 95 - debkxi
P. 95

14.2                                                   Double Entry Book Keeping—CBSE XI


                                                   Solved Questions


                      1.  Make out a Trial Balance from the following balances as on 31st March, 2024:
                                                         `                                          `
                     Repair                             5,000   Closing Stock                   9,00,000
                     Debtors                          60,000    Sales                           2,50,000
                     Trade Expenses                   12,000    Creditors                        10,000
                     Rent                               2,500   Interest Received                 1,200
                     Wages                            32,000    Purchases Return                  2,000
                     Purchases                       2,00,000   Discount Received                 1,800
                     Furniture                        25,000    Provision for Doubtful Debts      2,000
                     Carriage and Freight               5,000   Capital                         3,00,000
                     Sales Return                       3,000   Plant and Machinery              90,000
                     Loans and Advances               20,000    Cash in Hand                      3,000
                     Travelling Expenses                6,000   Bank                             20,000
                     Drawings                         25,000    Stock (1st April, 2023)          50,000
                     Insurance                          6,300   Discount Allowed                  2,200

                     Solution:                  TRIAL BALANCE as at 31st March, 2024
                     Heads of Accounts                                              L.F.   Dr. (`)   Cr. (`)
                     Repair    .........................................................................................................................................................  5,000  ...
                     Debtors    .........................................................................................................................................................  60,000  ...
                     Trade Expenses  .................................................................................................................................................  12,000  ...
                     Rent     .........................................................................................................................................................  2,500  ...
                     Wages    .........................................................................................................................................................  32,000  ...
                     Purchases   .........................................................................................................................................................  2,00,000  ...
                     Furniture   .........................................................................................................................................................  25,000  ...
                     Carriage and Freight ........................................................................................................................................  5,000  ...
                     Sales Return ........................................................................................................................................................  3,000  ...
                     Loans and Advances .......................................................................................................................................  20,000  ...
                     Travelling Expenses .........................................................................................................................................  6,000  ...
                     Drawings   .........................................................................................................................................................  25,000  ...
                     Insurance   .........................................................................................................................................................  6,300  ...
                     Sales    .........................................................................................................................................................  ...  2,50,000
                     Creditors   .........................................................................................................................................................  ...  10,000
                     Interest Received ..............................................................................................................................................  ...  1,200
                     Purchases Return ..............................................................................................................................................  ...  2,000
                     Discount Received ...........................................................................................................................................  ...  1,800
                     Provision for Doubtful Debts .......................................................................................................................  ...  2,000
                     Capital    .........................................................................................................................................................  ...  3,00,000
                     Plant and Machinery .......................................................................................................................................  90,000  ...
                     Cash in Hand ......................................................................................................................................................  3,000  ...
                     Bank     .........................................................................................................................................................  20,000  ...
                     Stock (1st April, 2023) .....................................................................................................................................  50,000  ...
                     Discount Allowed .............................................................................................................................................  2,200  ...
                     Total                                                              5,67,000  5,67,000
   90   91   92   93   94   95   96   97   98   99   100