9. The following is the trial balance of Mr. Deepak as on March 31, 2017. You are required to prepare trading account, profit and loss account and a balance sheet as on date:

Account Title Debit Amount (₹) Account Title Credit
Amount (₹)
Drawings 36,000 Capital 2,50,000
Insurance 3,000 Bills payable 3,600
General expenses 29,000 Creditors 50,000
Rent and taxes 14,400 Discount received 10,400
Lighting (factory) 2,800 Purchases return 8,000
Travelling expenses 7,400 Sales 4,40,000
Cash in hand 12,600
Bills receivable 5,000
Sundry debtors 1,04,000
Furniture 16,000
Plant and Machinery 1,80,000
Opening stock 40,000
Purchases 1,60,000
Sales return 6,000
Carriage inwards 7,200
Carriage outwards 1,600
Wages 84,000
Salaries 53,000

Closing stock ₹ 35,000.

NCERT/Rationalised 2023-24/Numerical Questions/Q-09

error: Content is protected !!