Question 31 of 32
Q.
Prepare the trial balance from the following information
| Name of the account | ₹ | Name of the account | ₹ |
|---|---|---|---|
| Bank loan | 2,00,000 | Purchases | 1,50,000 |
| Bills payable | 1,00,000 | Sales | 3,00,000 |
| Stock | 70,100 | Debtors | 4,00,000 |
| Capital | 2,89,000 | Bank | 2,00,000 |
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2026Subjective· 3mImportance★★★★★
97% · 31/32 Questions
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Start your 14-day free trial to unlock the full solution →Assets/expenses go to the debit column and liabilities/capital/incomes to the credit column. With the figures as printed the totals do not tally (Dr ₹8,20,100 vs Cr ₹8,89,000), a data inconsistency in this paper.
Trial Balance
| Name of the account | Debit ₹ | Credit ₹ |
|---|---|---|
| Purchases | 1,50,000 | |
| Stock | 70,100 | |
| Debtors | 4,00,000 | |
| Bank | 2,00,000 | |
| Bank loan | 2,00,000 | |
| Bills payable | 1,00,000 | |
| Sales | 3,00,000 | |
| Capital | 2,89,000 | |
| Total | 8,20,100 | 8,89,000 |
Placement reasoning: Purchases (expense), Stock, Debtors and Bank (assets) are debit balances. Bank loan and Bills payable (liabilities), Sales (income) and Capital are credit balances.
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