From the following ledger balance, prepare a Trial Balance of M/s Mohit Traders as on 31.3.2009. Capital
Question:
From the following ledger balance, prepare a Trial Balance of M/s Mohit Traders as on 31.3.2009. Capital Rs. 7,24,000, Sales Rs. 11,23,000, Sales Return Rs. 17,100, Purchase Rs. 6,27,000, Purchases Return Rs. 12,300, Discount (Dr.) Rs. 1,100, Discount (Cr.) Rs. 1,450, Wages Rs. 1,54,300, Commission Rs. 87,200, Travelling Expenses Rs. 67,200, Carriages Rs. 27,200, Insurance Rs. 13,200, Rent Rs. 14,800, Electricity Rs. 12,000, Telephone Charges Rs. 12,000, Advertisements Rs, 25,000, Sales Tax Rs. 1,54,000, Debtors Rs. 1,54,000, Creditors Rs. 74,000, Bills Receivable Rs. 27,000, Bill Payable Rs. 12,000, Bank Loan Rs. 1,40,000, Deposits with Delhi Electric Supply Undertaking (DESU) Rs. 20,000, Deposit with Government as per agency agreement Rs. 12,000, Cash in hand Rs. 3,650, Cash at Bank Rs. 3,00,000, Furniture Rs. 1,50,000, Investment in Units of the Unit Trust of India Rs. 2,08,000.
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Zero To Mastery In Accounting Become A High Level Accounting Manager
ISBN: 9789392475177
1st Edition
Authors: HECTOR ROBINETT