Page 1 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , U, , a, , Trial Balance Problems and Solutions, Contents [show], , Trial Balanced Unsolved Problems PDF, , Previous Lesson: General Ledger Solved Problems, Next Lesson: Books of Accounts Solved Problems, , Problems 1:, st, Prepare a Trial Balance for Shining Brothers Pvt. Ltd. at March 31 , 2017?, , Ads by, Send feedback, , Why this ad?, , Solution:, , https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 1/20
Page 2 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , >> Read Normal Balance for better conceptual understanding of Trial Balance Problems, and Solutions., , Problem 2:, There are several Mistakes in the Umer & Brothers (Pvt.) Ltd. Trial Balance. You are requested to, identify Errors and make corrected Trial Balance?, , https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 2/20
Page 3 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , Trial Balance Format Download, , Solution:, , https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 3/20
Page 4 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , >> Practice Journal Entry Problems and Solutions for better understanding of Trial, Balance Problems and Solutions., , Problem 3:, Prepare Trial Balance as on 31.03.2012 from the following balances of Ms. Maliha Afzal:, Drawings Rs. 74,800, , Purchases Rs. 295,700, , Bills receivable Rs. 52,500, , Capital Rs. 250,000, , Discount allowed Rs. 950, , Freight Rs. 3,500, , Sales Rs. 335,350, , Printing charges Rs. 1,500, , Stock (1.04.2011) Rs. 30,000, Furniture Rs. 33,000, , Rent Rs. 72,500, , Sundry creditors 75,000, , Insurance Rs. 2,700, , Sundry expenses Rs. 21,000, , Bank loan Rs. 120,000, , Stock (31.03.2012) Rs. 17,000, , Machinery Rs. 215,400, , Bills payable Rs. 31,700, , Discount received Rs. 1,000, Income tax Rs. 9,500, , General Ledger Format Download, , Solution:, , https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 4/20
Page 5 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , >> Read General Ledger., , https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 5/20
Page 6 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , Problem 4:, Prepare Trial Balance from the following balances of Mr. Akhtar as on 31.12.2016:, Capital Rs. 420,000, , Cash in hand Rs. 25,000, , Cash at bank Rs. 84,700, , Machinery Rs. 60,000, , Building Rs. 115,000, Sundry Creditors Rs. 68,000, , Furniture Rs. 11,000, , Rent Rs. 48,000, , Car Rs. 68,000, , Opening stock Rs. 86,000, , Commission Rs. 1,400, , Rates and Taxes Rs. 2,600, , Purchases Rs. 94,000, , Bad debts Rs. 3,200, , Sales Rs. 196,000, , Insurance Rs. 2,400, , General Expenses Rs. 800, , Sundry debtors Rs. 16,200, , Reserve for doubtful debts Rs. 7,300, , Unearned Revenue Rs. 16,000, , Salaries Rs. 94,000, , Closing Stock Rs. 12,000, , Interest received Rs. 5,000, , Journal Entry Format Download, , Solution:, , https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 6/20
Page 7 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , >> Do Practice Trial Balance MCQs., , Problem 5:, https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 7/20
Page 8 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , The following balances are extracted from the books of Ms. Maria Waseem, Prepare Trial, Balance as on 30.6.2015:, Owner’s Equity Rs. 470,200, Account receivable Rs. 48,000, , Machinery Rs. 158,800, Building Rs. 320,000, , Cash in hand Rs. 6,000, Repairs Rs. 5,400, , Stock Rs. 33,000, , Insurance premium Rs. 3,300, , Account payable Rs. 26,000, , Sales Rs. 290,000, , Commission Rs. 750, , Telephone charges Rs. 6,450, , Rent & Taxes Rs. 6,300, , Furniture Rs. 11,000, , Purchases Rs. 165,000, , Discount earned Rs. 1,100, , Loan from Sidra Rs. 51,000, , Salaries Rs. 70,600, , Reserve fund Rs. 5,900, , Discount allowed Rs. 650, , Note receivable Rs. 8,600, , Drawings Rs. 5,000, , Bad debts Rs. 1,350, , Bills payable Rs. 6,000, , Solution:, , https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 8/20
Page 9 :
3/13/2021, , Trial Balance Problems and Solutions | Accountancy Knowledge, , >> Read Trial Balance theory related issues., , Search here…, Search, , Facebook Handle, https://www.accountancyknowledge.com/trial-balance-problems-and-solutions/, , 9/20
