(a) The following Trial Balance has certain errors. Redraft it. Trial Balance as on 31st March, 2017 | Name of Account | Debit balance ₹ | Credit balance ₹ | | --- | --- | --- | | Building | 60,000 | | | Machinery | 17,000 | | | Returns outward | 2,600 | | | Bad debts | 2,000 | | | Cash | 400 | | | Discount received | 3,000 | | | Bank overdraft | 10,000 | | | Creditors | 50,000 | | | Purchases | 1,00,000 | | | Capital | | 72,800 | | Fixtures | | 5,600 | | Sales | | 1,04,000 | | Debtors | | 60,000 | | Interest received | | 2,600 | | Total | 2,45,000 | 2,45,000 | OR (b) From the following data ascertain the Cash Book balance as on 31st December 2022. | Particulars | ₹ | | --- | --- | | 1. Overdraft balance as per Bank statement | 6,500 | | 2. Cheques deposited into the Bank but not yet credited | 10,500 | | 3. Cheques issued but not yet presented for payment | 3,000 | | 4. Wrong debit by the Bank | 500 | | 5. Interest and bank charges debited by Bank | 180 | | 6. Insurance premium on goods directly paid by the Bank as per standing instructions | 100 |

> > [!TLDR] > (a) Redraft the Trial Balance by placing each account on its correct side → totals ₹2,45,000 each; (b) from overdraft ₹6,500, adjustments give Cash Book balance ₹1,780 (favourable). > > ## (a) Redrafted Trial Balance as on 31 March 2017 > > Items placed wrongly are moved: **Returns outward, Discount received, Bank overdraft, Creditors** belong on the **credit** side; **Fixtures and Debtors** belong on the **debit** side. > > | Name of Account | Debit ₹ | Credit ₹ | > | --- | --- | --- | > | Building | 60,000 | | > | Machinery | 17,000 | | > | Bad debts | 2,000 | | > | Cash | 400 | | > | Purchases | 1,00,000 | | > | Fixtures | 5,600 | | > | Debtors | 60,000 | | > | Returns outward | | 2,600 | > | Discount received | | 3,000 | > | Bank overdraft | | 10,000 | > | Creditors | | 50,000 | > | Capital | | 72,800 | > | Sales | | 1,04,000 | > | Interest received | | 2,600 | > | **Total** | **2,45,000** | **2,45,000** | > > Both columns now agree at **₹2,45,000**. > > ## (b) Cash Book balance from bank-statement overdraft (31 Dec 2022) > > An overdraft as per the bank statement is an unfavourable (minus) opening figure. Each item is adjusted according to whether the Cash Book is higher or lower than the bank statement. > > | Particulars | Plus ₹ | Minus ₹ | > | --- | --- | --- | > | Overdraft as per Bank statement | | 6,500 | > | Add: Cheques deposited but not yet credited | 10,500 | | > | Less: Cheques issued but not yet presented | | 3,000 | > | Add: Wrong debit by bank | 500 | | > | Add: Interest and bank charges debited by bank | 180 | | > | Add: Insurance premium paid by bank (standing instruction) | 100 | | …

(a) The following Trial Balance has certain errors – Class 11 Accountancy

Question 28 of 32

(a) The following Trial Balance has certain errors. Redraft it.

Trial Balance as on 31st March, 2017

Name of Account	Debit balance ₹	Credit balance ₹
Building	60,000
Machinery	17,000
Returns outward	2,600
Bad debts	2,000
Cash	400
Discount received	3,000
Bank overdraft	10,000
Creditors	50,000
Purchases	1,00,000
Capital		72,800
Fixtures		5,600
Sales		1,04,000
Debtors		60,000
Interest received		2,600
Total	2,45,000	2,45,000

(b) From the following data ascertain the Cash Book balance as on 31st December 2022.

Particulars	₹
1. Overdraft balance as per Bank statement	6,500
2. Cheques deposited into the Bank but not yet credited	10,500
3. Cheques issued but not yet presented for payment	3,000
4. Wrong debit by the Bank	500
5. Interest and bank charges debited by Bank	180
6. Insurance premium on goods directly paid by the Bank as per standing instructions	100

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(a) Redraft the Trial Balance by placing each account on its correct side → totals ₹2,45,000 each; (b) from overdraft ₹6,500, adjustments give Cash Book balance ₹1,780 (favourable).

(a) Redrafted Trial Balance as on 31 March 2017

Items placed wrongly are moved: Returns outward, Discount received, Bank overdraft, Creditors belong on the credit side; Fixtures and Debtors belong on the debit side.

Name of Account	Debit ₹	Credit ₹
Building	60,000
Machinery	17,000
Bad debts	2,000
Cash	400
Purchases	1,00,000
Fixtures	5,600
Debtors	60,000
Returns outward		2,600
Discount received		3,000
Bank overdraft		10,000
Creditors		50,000
Capital		72,800
Sales		1,04,000
Interest received		2,600
Total	2,45,000	2,45,000

Both columns now agree at ₹2,45,000.

(b) Cash Book balance from bank-statement overdraft (31 Dec 2022)

An overdraft as per the bank statement is an unfavourable (minus) opening figure. Each item is adjusted according to whether the Cash Book is higher or lower than the bank statement.

Particulars	Plus ₹	Minus ₹
Overdraft as per Bank statement		6,500
Add: Cheques deposited but not yet credited	10,500
Less: Cheques issued but not yet presented		3,000
Add: Wrong debit by bank	500
Add: Interest and bank charges debited by bank	180
Add: Insurance premium paid by bank (standing instruction)	100

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Same / Similar Concept — real previous-year questions on the same or a closely similar concept, not this exact question.

CBSE 2025Set MARCH1 markMCQ
$Q. Under ________ method, the total amounts on the debit side of the Ledger accounts and the total amounts on the credit side of the Ledger accounts are ascertained and recorded in the Trial Balance.$
(a) Balance method
(b) Total and Balance method
(c) Total method
(d) All the above
›Reveal solutionSolution
When the totals of the debit side and credit side of each ledger account are taken to the Trial Balance, it is the Total method, so the correct answer is option (c).

The Tamil Nadu HSC Class-11 Accountancy syllabus describes three methods of preparing a Trial Balance:

Total method — the total of the debit side and the total of the credit side of each ledger account are entered in the Trial Balance's debit and credit columns respectively. This matches the statement exactly. …
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CBSE 2025Set MARCH1 markMCQ
$Q. The account which has a debit balance and is shown in the debit column of the Trial Balance is :$
(a) Drawings account
(b) Sundry creditors account
(c) Capital account
(d) Bills Payable account
›Reveal solutionSolution
Among the choices, only the Drawings account has a debit balance, so it appears in the debit column of the Trial Balance — the correct answer is option (a).

In the Tamil Nadu HSC Class-11 Accountancy syllabus, the rule for Trial Balance columns is:

Debit column — assets, expenses, losses, and drawings.

Credit column — liabilities, capital, and incomes/gains.

Checking each option:

Drawings account — money withdrawn by the owner; it has a debit balance → debit column. ✓ …
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CBSE 2022Set MARCH1 markMCQ
$Q. The account which has a debit balance and is shown in the debit column of the trial balance is :$
(a) Drawings A/c
(b) Sundry creditors A/c
(c) Capital A/c
(d) Bills payable account
›Reveal solutionSolution
Drawings A/c has a debit balance and appears in the debit column of the trial balance, so the answer is (a).

In the Tamil Nadu HSC Class-11 Accountancy syllabus, the trial balance lists debit balances in the debit column and credit balances in the credit column. The rule of thumb: assets, expenses/losses and drawings carry debit balances; liabilities, capital and incomes/gains carry credit balances.

Evaluating the options:

(a) Drawings A/c — money/goods withdrawn by the owner; it reduces capital and has a debit balance → debit column. Correct. …
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(a) Redrafted Trial Balance as on 31 March 2017

(b) Cash Book balance from bank-statement overdraft (31 Dec 2022)

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