Page 95 - ISCDEBK-XI

13.12 Double Entry Book Keeping—ISC XI

TRIAL BALANCE OF A.K. PAUL

as on 29th February, 2022
Heads of Accounts L.F. Dr. Balance Cr. Balance
` `

Capital A/c ....................................................................................................................................................... ... 6,00,000
Stock A/c ....................................................................................................................................................... 3,82,500 ...
Purchases A/c ................................................................................................................................................... 4,89,700 ...

Sales A/c ....................................................................................................................................................... ... 6,72,150
Creditors A/c .................................................................................................................................................... ... 27,000
Reserve A/c ....................................................................................................................................................... ... 18,000
Wages and Office Expenses A/c ................................................................................................................ 67,350 ...

Building A/c ...................................................................................................................................................... 3,80,000 ...
Bank A/c ....................................................................................................................................................... ... 32,350
Bad Debts Recovered A/c ............................................................................................................................ ... 2,800
Debtors A/c ....................................................................................................................................................... 32,500 ...

Discount Allowed A/c ................................................................................................................................... 250 ...
Total 13,52,300 13,52,300

Note: Any amount recovered regarding an old account, previously written off as bad debts, will be recorded in
the books of account by passing the following accounting entry:

Bank A/c ...Dr. ` 2,800
To Bad Debts Recovered A/c ` 2,800