9. Following Trial Balance is given but it is not correct. Prepare correct Trial Balance.

Debit Balances Credit Balances
Building 3,00,000 Capital 3,68,000
Machinery 85,000 Furniture 28,000
Returns Outward 13,000 Sales 5,20,000
Bad Debts 14,000 Debtors 3,00,000
Cash 2,000 Interest Received 13,000
Discount Received 15,000
Bank Overdraft 50,000
Creditors 2,50,000
Purchases 5,00,000
12,29,000 12,29,000

  T.S.Grewal/2024 Edition/Practical Problems/Q-09

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.

error: Content is protected !!