3.

Trial Balance
3.1 From the following ledger balances of Fayol Pvt. Ltd. Prepare Trial balance for the year
ended 31-03-2020
Particulars Rs. Particulars Rs. Particulars Rs.
Capital 80,000 Bills Receivables 2,000 Sundry Debtors 40,000
Stock on 1-4-2019 30,000 Bills Payable 20,400 Carriage inward 500
Purchases 2,00,000 Sundry creditors 35,000 Coal 3,000
Sales 4,00,000 Machine 20,000 Salaries 25,000
Return inwards 2,000 Land and Building 50,000 Discount paid 1,000
Return outwards 1,000 Carriage outward 1,000 Repairs 1,000
Wages 10,000 Cash in hand 500 Printing & Stationery 400
Advertisement 2,000 Cash at bank 20,000 Vehicles 56,200
Rent paid 1,800 General expenses 3,000 Furniture 15,000
Goodwill 40,000 Loose tools 1,000 Bad debts 1,000
Drawings 10,000

Trial Balance of Fayol Pvt. Ltd. as on 31-03-2020

S.No. Name of the account L. F. No Dr. [Rs.] Cr. [Rs.]
1 Capital ----- 80,000
2 Stock on 1-4-2019 30,000 -----
3 Purchases 2,00,000 -----
4 Sales ----- 4,00,000
5 Return inwards 2,000 -----
6 Return outwards ----- 1,000
7 Wages 10,000 -----
8 Advertisement 2,000 -----
9 Rent paid 1,800 -----
10 Goodwill 40,000 -----
11 Drawings 10,000 -----
12 General expenses 3,000 -----
13 Loose tools 1,000 -----
14 Furniture 15,000 -----
15 Bad debts 1,000 -----
16 Bills Receivables 2,000 -----
17 Bills Payable ----- 20,400
18 Sundry creditors ----- 35,000
19 Machine 20,000 -----
20 Land and Building 50,000 -----
21 Carriage outward 1,000 -----
22 Cash in hand 500 -----
23 Cash at bank 20,000 -----
24 Sundry Debtors 40,000 -----
25 Carriage inward 500 -----
26 Coal 3,000 -----
27 Salaries 25,000 -----
28 Discount paid 1,000 -----
29 Repairs 1,000 -----
30 Printing & Stationery 400 -----
31 Vehicles 56,200 -----
Total 5,36,400 5,36,400

3.2 From the following ledger balances of Drucker Pvt. Ltd. Prepare Trial balance for the year
ended 31-03-2019
Particulars Rs. Particulars Rs.
Capital 22,500 Sundry Creditors 5,100
Stock as on 1-04-2018 Reserve for Bad and Doubtful debts 60
Finished goods 3,500 Printing and Stationery 180
Work in progress 7,000 Miscellaneous expenses 840
Raw materials 3,000 Advertisement 4,500
Purchase of materials 70,500 Drawings of proprietor 1,800
Machine 22,500 Office salaries 5,400
Sales 1,26,225 Manufacturing wages 6,000
Carriage inward 750 Furniture and fixtures 2,250
Carriage outward 450 Factory power and fuel 300
Rent 1,350 Cash on hand 600
Rebate and Discount allowed 105 Balance in Bank 3,750
Fire Insurance (for Machine) 210 Sundry Debtors 18,900

Trial Balance of Drucker Pvt. Ltd. as on 31-03-2019

S.No. Name of the account L. F. No Dr. [Rs.] Cr. [Rs.]
1 Capital ----- 22,500
2 Stock as on 1-04-2018
3 Finished goods 3,500 -----
4 Work in progress 7,000 -----
5 Raw materials 3,000 -----
6 Purchase of materials 70,500 -----
7 Machine 22,500 -----
8 Sales ----- 1,26,225
9 Carriage inward 750 -----
10 Carriage outward 450 -----
11 Rent 1,350 -----
12 Rebate and Discount allowed 105 -----
13 Fire Insurance (for Machine) 210 -----
14 Sundry Creditors ----- 5,100
15 Reserve for Bad and Doubtful debts ----- 60
16 Printing and Stationery 180 -----
17 Miscellaneous expenses 840 -----
18 Advertisement 4,500 -----
19 Drawings of proprietor 1,800 -----
20 Office salaries 5,400 -----
21 Manufacturing wages 6,000 -----
22 Furniture and fixtures 2,250 -----
23 Factory power and fuel 300 -----
24 Cash on hand 600 -----
25 Balance in Bank 3,750 -----
26 Sundry Debtors 18,900 -----
Total 1,53,885 1,53,885