Prepare a trial balance from the following: ` Drawings A/c 2000 Plant and machinery 1,00,000 Capital A/c

Question:

Prepare a trial balance from the following:

Drawings A/c 2000 Plant and machinery 1,00,000 Capital A/c 1,76,000 Sales 4,68,000 Loose tools 20,000 Goodwill 10,000 Opening stock 20,000 Returns outward 4000 Discounts (Cr.) 6000 Purchases 2,12,000 Returns inward 8000 Wages 1,00,000 Sundry creditors 24,000 Reserve for doubtful debts 2000 Carriage inward 12,000 Salaries 41,600 General expenses and insurance 72,000 Rent and taxes 14,400 Postage and telegrams 4000 Bank overdraft 20,000 Sundry debtors 58,000 Cash and bank balances 14,000 Furniture and fixtures 12,000

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