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    11 Accountancy TP Ch04 01 Ladger and Trial Balance

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    renu bhatt
    This document contains 5 questions related to ledger accounts, trial balance, and bank reconciliation statements. Question 1 asks to prepare a trial balance from financial information provided. Question 2 provides an incorrect trial balance and asks to correct it. Question 3 provides transactions and asks to record them in a journal, post to ledgers, and prepare a trial balance. Question 4 provides additional financial information and asks to prepare a trial balance. Question 5 provides transaction details and asks to prepare corresponding ledger accounts.

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    11 Accountancy TP Ch04 01 Ladger and Trial Balance

    Uploaded by

    renu bhatt
    136 views3 pages
    This document contains 5 questions related to ledger accounts, trial balance, and bank reconciliation statements. Question 1 asks to prepare a trial balance from financial information provided. Question 2 provides an incorrect trial balance and asks to correct it. Question 3 provides transactions and asks to record them in a journal, post to ledgers, and prepare a trial balance. Question 4 provides additional financial information and asks to prepare a trial balance. Question 5 provides transaction details and asks to prepare corresponding ledger accounts.

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    11 Accountancy Tp Ch04 01 Ladger and Trial Balance

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    11 Accountancy Tp Ch04 01 Ladger and Trial Balance

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    This document contains 5 questions related to ledger accounts, trial balance, and bank reconciliation statements. Question 1 asks to prepare a trial balance from financial information provided. Question 2 provides an incorrect trial balance and asks to correct it. Question 3 provides transactions and asks to record them in a journal, post to ledgers, and prepare a trial balance. Question 4 provides additional financial information and asks to prepare a trial balance. Question 5 provides transaction details and asks to prepare corresponding ledger accounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    136 views3 pages

    11 Accountancy TP Ch04 01 Ladger and Trial Balance

    Uploaded by

    renu bhatt
    This document contains 5 questions related to ledger accounts, trial balance, and bank reconciliation statements. Question 1 asks to prepare a trial balance from financial information provided. Question 2 provides an incorrect trial balance and asks to correct it. Question 3 provides transactions and asks to record them in a journal, post to ledgers, and prepare a trial balance. Question 4 provides additional financial information and asks to prepare a trial balance. Question 5 provides transaction details and asks to prepare corresponding ledger accounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Book Recommended by author : ULTIMATE BOOK OF ACCOUNTANCY (By Dr.

    Vinod Kumar, Vishvas Publications)


    CBSE TEST PAPER-01
    Class - XI Accountancy (Ledger, Trial Balance and Bank Reconciliation Statement)
    Topic : Ledger & Trial Balance

    1. Prepare a Trial Balance from the following information: [4]


    Capital Rs.15,000 ; Stock (1-1-2010) Rs. 3000 ; Cash at bank Rs. 1000 ; Cash in hand
    Rs. 500 ; Machinery Rs.10,000 ; Furniture Rs.1,300 ; Purchases Rs.20,000 ; Wages
    Rs.5,000 ; Carriage Rs.3,300 ; Salaries Rs.7,000 ; Discount allowed Rs.400 ; Discount
    received Rs.500 ; Advertising Rs. 5000 ; Office expenses Rs.4000 ; Sales Rs.50,000 ;
    Sundry debtors Rs.9000 ; Sundry creditors Rs.4000 ; Value of closing stock on 31st
    December, 2010 was Rs.5,000.

    2. Wrong Trial balance is given below, make it correct by following the modern [4]
    accounting approach:
    L.F Debit Balances Credit Balances
    (Rs.) (Rs.)

    Cash in hand 40,000


    General Reserve 10,000
    Purchases 27,000
    Return inwards 3,000
    Sundry Debtors 5,000
    Goodwill 3,000
    Stock (1 Jan) 4,000
    Capital 32,000
    Sales 30,000
    Return outwards 1,000
    Bad debts Reserves 500
    Creditors 2,000
    Commission paid 500
    Bills Payable 6,000
    Interest received 1,000

    3. Enter the following transactions in the journal of Bunty, postto ledger and [8]
    Prepare a trial balance?
    2000
    Jan.1 Assets : Cash in hand 20,000
    cash at bank 35,000
    Stock 15,000
    furniture 4500

    Material downloaded from http://myCBSEguide.com and http://onlineteachers.co.in


    Portal for CBSE Notes, Test Papers, Sample Papers, Tips and Tricks
    Nisha 20,000
    Ashish 10,000
    Liabilities : Ajay 13,500
    Pankaj 21,500
    Jan.4 Purchased goods from Pankaj 5000
    Jan.7 Paid Ajay by cheque in full settlement of his account 13000
    Jan.10 Sold goods to Nisha 11,000
    Jan.12 Purchased goods from ajay 15,000
    Jan.15 Sold goods to Ashish 6,000
    Jan.18 Received cheque from Nisha 24,500
    allowed her discount 1,500
    Jan.25 Paid for stationery 1200
    Jan.27 Paid rent by cheque 3500
    Jan.30 Paid salaries 6500

    4. Prepare Trial Balance from the following: [6]


    Cash in hand Rs.2,000 ; Capital Rs.12,500 ; Sales Rs.15,000 ; Purchases Rs.10,000 ; Return
    inward Rs.3,000 ; Return outward Rs.2,000 ; Salaries Rs.2,500 ; Bad debts reserve Rs.1,000
    ; Taxes and insurance Rs.500 ; Bad debts Rs.300 ; Creditors Rs.1,850 ; Commission
    Received Rs.500 ; Bills Payable Rs.2,500 ; Sundry debtors Rs.5,200 ; Goodwill Rs.4,000 ;
    Stock (opening) Rs.3,000 ; Drawings Rs.1,400 ; Interest on investment Rs.150 ; Furniture
    Rs.600 ; Bills Receivable Rs.3,000.

    5. Prepare Ledger Accounts from the following: [6]

    Date Particulars L.F Debit Credit

    Purchase A/c Dr. 5,000


    To SamarJeet’s A/c 5,000
    (Being goods purchased on credit)

    Arjun’s A/c Dr. 1,000


    To Sale A/c 1,000
    (Being Goods sold on credit )

    Purchase A/c Dr. 2,000


    To Cash A/c 2,000
    (Being goods purchased in cash)

    Material downloaded from http://myCBSEguide.com and http://onlineteachers.co.in


    Portal for CBSE Notes, Test Papers, Sample Papers, Tips and Tricks
    Cash A/c Dr. 4,000
    To Sale A/c 4,000
    (Being goods sold in cash)

    Sales Return/Return inward A/c Dr. 300


    To Arjun 300
    (Being goods return back by Arjun)

    Samarjeet Dr. 500


    To Purchase return/return outward 500
    (Being goods return back to Samarjeet)
    2,000
    Sales Tax A/c Dr.
    Cash A/c 2,000
    (Being Sales Tax paid)

    Prepare only ledger.

    Material downloaded from http://myCBSEguide.com and http://onlineteachers.co.in


    Portal for CBSE Notes, Test Papers, Sample Papers, Tips and Tricks

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