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Mr. Blank an assistant of yours with whom accountancy is not a strong point submits you the following Trial Balance. If you find that is
Mr. Blank an assistant of yours with whom accountancy is not a strong point submits you the following Trial Balance. If you find that is not in order prepare a rectified Trial Balance Head of Accounts Dr Cr Rs in lacs Rs in lacs Share capital 1,556 Drawings 564 Leasehold Property 750 Sales 2750 Due from Customer 530 Purchases 1259 Purchase return 264 Loan from Bank 256 Creditors 528 Office expenses 700 Cash at Bank 226 Bills Payable 100 Salaries 600 Op stock 264 Rent and rates 463 Sales Return 98 TOTAL 5,454 5,454
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