Ravi Sirs Nimble Education for ISC,CBSE,ICSE, IB, AS & A

Levels

Contact : 9033311500, 8866611600

------------------------------------------------------------------------------------------------------------------------------------------------Trial Balance WORK SHEET 2

------------------------------------------------------------------------------------------------------------------------------------------------Q1. From the details prepare a trial balance
Transactions
Rs.
Capital
Purchases
Cash in Hand
Cash at Bank
Electricity
Stationery
Office Equipment
Sundry Debtors
Machinery
Salaries

1,50,000
40,000
7,000
8,500
4,800
500
2,400
8,000
1,60,000
11,400

Transactions

Sales
Sundry Creditor
Rent
Furniture
Bank Loan
Investment
Commission paid
Opening Stock
Commission Received
Postage & Telegram

Q2.Prepare a trial balance from the data below

Details
Amount
Details
Plant and machinery
800,000 Land & Building
Cash
20,000 Bank overdraft
Creditors
240,000 Bills receivable
Closing stock
400,000 Investments
Drawings
130,000 Net profit

Rs.
1,05,400
5,000
2,000
16,000
10,000
6,000
1,050
3,200
1,200
750

Amount
600,000
180,000
100,000
80,000
620,000

Details
Furniture
Debtors
Bills payable
Capital

Q3.Prepare the trial balance of M/s Cyber systems

Details
Amount
Details
Amount
Details
Stock
200,000 Creditors
15,000
Purchase returns
Purchases
75,000
Sales
250,000 Commission earned
Capital
170,000 Sales returns
8,000
Freight
Wages
36,500
Salaries
12,000
Repairs
Trade expenses
4,000
Rent and taxes
24,000
Cash
Bills receivables
4,000
Debtors
55,000
Interest on deposits
Bills payable
6,200
Plant
160,000 Withdrawals
Bank deposits
20,000
The following adjustments are to be taken into consideration while preparing the trial balance
(i)Credit purchases not recorded in books Rs 15,000
(ii)Wages due but not paid Rs 3,000
(iii)Cash sales Rs 25,000 not recorded in the books
(iv)Depreciate plant and machinery costing 40000 valued at 60000 by 10%.

Amount
150,000
320,000
60,000
15,00,000

Amount
3,000
3,300
7,500
1,200
5,700
2,000
16,600

Ravi Sirs Nimble Education for ISC,CBSE,ICSE, IB, AS & A

Levels

Contact : 9033311500, 8866611600

Ravi Sirs Nimble Education for ISC,CBSE,ICSE, IB, AS & A

Levels

Contact : 9033311500, 8866611600

Q4.Prepare the trial balance from the data below:

Details
Amount
Details
Opening stock
15,320
Purchases
Returns inwards
2,200
Return outwards
Drawings
10,000
Cartage
Works expenses
15,200
Rent received
Accounts receivable
14,500
Accounts payable
Rent paid
15,000
Bills receivable
Insurance
4,800
Life insurance
Bank balance
2,400
Mobile expenses
Salaries and wages
32,240
Freehold property
The following adjustments are to be taken into consideration:
(i)Bank charges not recorded Rs 350
(ii)Rent of office paid but not recorded Rs 250
(iii)Depreciation on horse and cart @10%
(iv)Credit sales of Rs 30,000 not recorded
(v)Rent due Rs 3,000
(vi)Goods distributed as free samples Rs 300
Q5.From the following data prepare trial balance:
Details
Amount
Details
Inventory
15,310
Credit Purchases
Returns (Dr.)
4,000
Returns (Cr.)
Customs duty
11,500
Coal, gas & water
Discount (Dr.)
7,500
Commission (cr.)
Bad debts recovered
2,000
Apprentice premium
Unproductive expenses 5,000
Carriage
Drawings
?
Sundry debtors
Depreciation
4,200
Charity
Bank
4,000
Bank charges
Plant
42,000
Leasehold building
Patents
4,000
Trade marks
Interest on loan
3,000
Copy rights

Amount
100,000
3,000
2,200
7,300
23,540
10,000
6,000
3,000
81,000

Details
Sales
Capital
Heating & lighting
Cash at shop
Horse & Cart
Trade payables
Bank overdraft
Advertise expenses
Audit fees

Amount
120,000
?
6,600
800
25,000
2,120
67,000
5,200
1,500

Amount
72,400
2,400
6,000
1,200
4,800
8,700
57,000
500
180
150,000
5,000
6,000

Details
Sales
Factory rent
Water & salary
Bad debts
Productive expenses
Capital
Sundry creditors
Cash
Establishment expens
Goodwill
Loan (cr.)
Cr purchases

Amount
256,000
18,000
36,600
5,850
2,600
250,000
14,000
4,460
3,600
20,000
25,000
10,000

.
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Ravi Sirs Nimble Education for ISC,CBSE,ICSE, IB, AS & A

Levels

Contact : 9033311500, 8866611600