Prepare the Trail Balance as at 31st March 2020 by using the following information of Capital (Pvt) Ltd. Particulars Amount (Rs) Bad debts 17,700 Bank Overdraft 543,200 Bank Interest 54,900 Building Insurance 15,000 Share Capital 2,178,450 Carriage Inwards 135,000 Commission 18,900 Commission Received 45,000 Accounts payable- Creditors 199,600 Discount received 73,000 Drawings 543,000 Electricity 67,000 Fixed deposits 250,000 Land and Building 1,600,000 Motor vehicle 1,900,000 Motor vehicle Insurance 73,500 Motor vehicle Maintenance 159,600 Provision for depreciation for motor Vehicles 01/4/2019 380,000 Provision for Doubtful debts 01/04/2019 10,800 Purchases 2,988,000 Other Expenses 21,350 Rates and taxes 9,600 Rent received 24,000 Salaries and wages 288,000 Sales 5,659,000 Sales returns 36,000 Stock as at 31/03/2020 677,500 Sundry expenses 18,000 Account receivables 240,000
- Prepare the Trail Balance as at 31st March 2020 by using the following information of Capital (Pvt) Ltd.
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Particulars
Amount
(Rs)
Bad debts 17,700
Bank Overdraft
543,200
Bank Interest
54,900
Building Insurance
15,000
Share Capital
2,178,450
Carriage Inwards
135,000
Commission
18,900
Commission Received
45,000
Accounts payable- Creditors
199,600
Discount received
73,000
Drawings
543,000
Electricity
67,000
Fixed deposits
250,000
Land and Building
1,600,000
Motor vehicle
1,900,000
Motor vehicle Insurance
73,500
Motor vehicle Maintenance
159,600
Provision for
depreciation for motor Vehicles 01/4/2019380,000
Provision for Doubtful debts 01/04/2019
10,800
Purchases
2,988,000
Other Expenses
21,350
Rates and taxes
9,600
Rent received
24,000
Salaries and wages
288,000
Sales
5,659,000
Sales returns
36,000
Stock as at 31/03/2020
677,500
Sundry expenses
18,000
Account receivables
240,000
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