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Draft the trial balance

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Reference no: EM13516835

The following Trial Balance is drawn by a person who is not well versed in accounting process. You are required to re-draft the Trial Balance correctly.

Trial Balance for the year ended Mar 31, 2010

Debit
Rs

Credit
Rs

Capital

53,700

-

Stock 1.4.2009

22,350

-

Insurance

-

6,300

Purchases

1,38,600

-

Sales

-

2,36,550

Salary Expenses

37,230

-

Lighting and Heating

1,860

-

Plant and Machinery

21,600

-

Delivery Expenses

-

1,380

Rates Paid

2,340

-

Depreciation Accumulated

2,100

-

Rent Paid

-

-

Rent Received

-

3,630

Delivery Vehicle

8,850

-

Cash

660

-

Trade Creditors

29,550

-

Trade Debtors

-

83,520

Carriage Outwards

-

3,000

Outstanding Rent

3,000

-

Bank Overdraft

5,850

-

-

3,34,380

3,34,380

Reference no: EM13516835

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