Page 62 - ISCDEBK-XI

Ledger 8.3

GUIDE TO ANSWER

1. Total of Trial Balance—` 77,700.
[Dr. Balances: Cash A/c ` 580; Bank A/c ` 25,000; Stock A/c ` 20,000; Furniture A/c ` 2,000; Building A/c
` 10,000; Anil ` 1,000; Madhu ` 2,000; Purchases A/c ` 8,800; Plant A/c ` 5,300; Interest on Loan A/c ` 500;
Discount Allowed A/c ` 20; Bad Debts A/c ` 300; Salary A/c ` 2,000; Drawings A/c ` 200.
Cr. Balances: Interest A/c ` 200; Capital A/c 55,000; Bablu’s Loan A/c ` 10,000; Discount Received A/c
` 400; Bharat ` 5,000; Mukesh ` 5,000; Sales A/c ` 2,100.]