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Accounts query

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Souniya

IPCC

61 Points Posted on 02 April 2011

Hi friends,

Please help me with this query,

Mohan started business with 10,000 cash,and Rs.2,000 furniture.Sales amounted to Rs.50,000 cash sales Rs.10,000 sales were outstanding at the end of year. Purchase amounted to Rs.30,000 including Rs.10,000 cash purchases Rs.15,000 paid to creditors. Expenses paid during the year 19,300. Trial balance total is?

Replies (3)

Ashish Jain

.Net Developer

348 Points Posted on 02 April 2011

Trial balance total is not matching .....................................

vignesh

B-com CS CA-Final CFA-level 1 candida

845 Points Posted on 12 April 2011

obviously wont tally

Hedar Khan

22 Points Posted on 14 April 2011

Trial Balance


Particulars	Amount (Dr.)	Particulars	Amount(Cr.)
Cash	24700	Capital	12000
Debtors	10000	Sale	60000
Purchases	30000	Creditors	5000
Furniture	2000	Closing Stock	9000
Expenses	19300
	86000		86000