Question

Prepare the trial balance from the following balances of Babu as on 31^st March, 2016.

Name of the account	₹	Name of the account	₹
Cash in hand	7,000	Bills receivable	7,000
Sundry debtors	5,400	Sundry creditors	11,800
Salaries	6,800	Capital	25,000
Bad debts	200	Purchases	45,000
Opening stock	15,400	Sales	50,000

Answer 1

Trial balance of Babu as on 31^st March, 2016

S. No.	Name of the account	L.F.	Debit balance ₹	Credit balance ₹
1.	Cash in hand		7,000
2.	Sundry debtors		5,400
3.	Salaries		6,800
4.	Bad debts		200
5.	Opening stock		15,400
6.	Bills receivable		7,000
7.	Sundry creditors			11,800
8.	Capital			25,000
9.	Purchases		45,000
10.	Sales			50,000
	Total		86,800	86,800