6. The following trial balance has been prepared by an inexperienced accountant. Redraft it in a correct form:

Name of Accounts Balance Debit
Balance Credit
Land and Building 1,20,000
Plant and Machinery 92,000
Wages 18,200
Discount Allowed 1,620
Discount Received 730
Purchases 126,000
Sales 2,40,000
Return Inwards 6,500
Return Outwards 3,370
Opening Stock 15,000
Debtors 30,000
Creditors 20,000
Carriage on Sales 3,280
Carriage on Purchase 2,800
Insurance 1,500
General Expenses 6,100
Cash in Hand 2,400
Bank Overdraft 12,100
Capital 1,54,000
Drawings 4,800
Total 4,30,200 4,30,200

D.K.Goel/2024 Edition/Practical Questions/Q-06

For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company

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