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Returns Inwards Debit Losses Returns Outwards Credit Gains Freehold Property Debit Assets Premises Debit Assets Leasehold Property Debit Assets Loose Tools Debit Assets Petty Cash
Returns Inwards Debit Losses Returns Outwards Credit Gains Freehold Property Debit Assets Premises Debit Assets Leasehold Property Debit Assets Loose Tools Debit Assets Petty Cash Debit Assets Provident Fund Credit Liability Debentures Purchased Debit Assets Debentures (from Public) Credit Liability Loan on Mortgage Credit Liability Prepaid Expenses Debit Assets Outstanding Expenses Credit Liability Bad Debts Recovered Credit Gains Accrued Incomes Debit Assets Apprenticeship Premium received Credit Income Books Debit Assets Newspaper and Magazine Debit Expenses Profit and Loss A/C (Dr.) Debit Losses Profit and Loss A/C (Cr.) 04 Credit Gains Accumulated Depreciation Credit Liability Postage and Telegram Debit Expense Travelling & Conveyance Debit Expenses Illustration 21. From the following ledger account balances, prepare a Trial Balance of Mr. Sen for the year ended 31 March 2013 Capital 380,000 : Sales 310,00,000; Adjusted Purchase * 8,00,000: Current A/clcr) * 10.000; Petty Cash 10,000: Sales Ledger Balance 1.20,000; Purchase Ledger Balance 60,000; Salaries 24,000; Carriage Inwards 4,000; Carriage Outward 6,000; Discount Allowed 10,000; Building 80,000: Outstanding Expenses 10,000; Prepaid Insurance * 2,000 : Depreciation 4.000 : Cash at Bank 380,000 : Loan A/C (cr) * 66,000; Profit & Loss A/c(cr) * 20.000; Bad Debts Recovered 2,000 ; Stock at 31.03.2013 31,20,000; Interest Received 10,000; Accrued Interest 4,000; Investment 20,000; Provision for Bad Debts (01.04.2012) * 6,000; General Reserve 20,000
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