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
