5. The following are the balances extracted from the books of Arvind. Prepare a Trial Balance as on 3lst March, 2024:

Cash 2,000 Sundry Creditors 40,000
Capital 80,000 Investment 8,000
Purchases 85,000 Plant and machinery 15,000
Sales 1,08,400 Building 20,000
Purchases Return 6,000 Furniture 6,000
Sales Return 4,000 Electricity 700
Transportation 1,800 Postage 400
Discount Allowed 500 Drawings 8,000
Printing 5,000 Salaries 6,000
Sundry Debtors 70,000 Travelling Expenses 2,000
Input CGST A/c 2,500 Output CGST A/c 1,500
Input SGST A/c 2,500 Output SGST A/c 1,500
Input IGST A/c 4,000 Output IGST A/c 6,000

  T.S.Grewal/2024 Edition/Practical Problems/Q-05

For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.

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