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Question
Prepare the trial balance from the following information:
| Name of the account | ₹ | Name of the account | ₹ |
| Bank loan | 2,00,000 | Purchases | 1,80,000 |
| Bills payable | 1,00,000 | Sales | 3,00,000 |
| Stock | 70,000 | Debtors | 4,00,000 |
| Capital | 2,50,000 | Bank | 2,00,000 |
Ledger
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Solution
Trial Balance
| S. No. | Name of the account | L.F. | Debit balance ₹ |
Credit balance ₹ |
| 1. | Bank loan | 2,00,000 | ||
| 2. | Bills payable | 1,00,000 | ||
| 3. | Stock | 70,000 | ||
| 4. | Capital | 2,50,000 | ||
| 5. | Purchases | 1,80,000 | ||
| 6. | Sales | 3,00,000 | ||
| 7. | Debtors | 4,00,000 | ||
| 8. | Bank | 2,00,000 | ||
| Total | 8,50,000 | 8,50,000 |
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