Question

Prepare the trial balance from the following balances of Chandramohan as on 31^st March, 2017.

Name of the account	₹	Name of the account	₹
Capital	1,24,500	Bank overdraft	5,800
Drawings	2,000	Motor car	20,000
Loan borrowed	7,000	General expenses	2,500
Sales	53,400	Building	1,10,000
Purchases	40,000	Stock	16,200

Answer 1

Trial balance of Chandramohan as on 31^st March, 2017

S. No.	Name of the account	L.F.	Debit balance ₹	Credit balance ₹
1.	Capital			1,24,500
2.	Drawings		2,000
3.	Loan borrowed			7,000
4.	Sales			53,400
5.	Purchases		40,000
6.	Bank overdraft			5,800
7.	Motor car		20,000
8.	General expenses		2,500
9.	Building		1,10,000
10.	Stock		16,200
	Total		1,90,700	1,90,700