Set up a trial equalization

Assignment Help Finance Basics

Reference no: EM13910736

The accompanying balances were removed from the record of Rahul on 31st March, 2003. You are asked for to set up a trial equalization as on that date in the best possible structure.

Rs. Rs.

Salaries 36,320 Purchases 1,44,670

Sales 1,73,500 Sundry Debtors 1,430

Plant & Machinery 34,300 Travelling Expenses 2,630

Commission Paid 1,880 Carriage Inward 240

Stock on 1.4.2002 11,100 Sundry Creditors 14,260

Repairs 1670 Capital, 1.4.2002 62,500

Sundry Expenses 460 Drawings 3,500

Returns Inward 1,000 Cash at Bank 1,090

Discount Allowed 1,150 Returns Outward 400

Rent and Rates 3,220 Investments 6,000

Reference no: EM13910736

Questions Cloud

Classify the accompanying things under capital : Shyam & Co., caused the accompanying costs amid the year 2003.Classify the accompanying things under capital or income

Give diary passages to correct the accompanying mistakes : give diary passages to correct the accompanying mistakes

Set up a trial parity as on that date : the accompanying offsets were extricated from the record of Mr.Ramakrishna as on 31st March 2003. You are obliged to set up a trial parity as on that date

State the kind of lapse included in the accompanying exchang : State the kind of lapse included in the accompanying exchanges and say whether it will influence the assention of the trial balance or not.

Set up a trial equalization : The accompanying balances were removed from the record of Rahul on 31st March, 2003. You are asked for to set up a trial equalization as on that date in the best possible structure.

Set up a bank compromise explanation : At the point when parity according to pass book (positive) is given,Mrs.Jame's pass book,you are obliged to set up a Bank compromise explanation and discover the equalization according to money book.

Gure out the parity according to pass book : At the point when offset according to money book is great.from the accompanying subtle elements put forth out a bank compromise explanation for M/s.Elavarasan & Company as on December 31, 2003 to figure out the parity according to pass book

Plan petty cash book on imprest framework : Plan Petty Cash Book on imprest framework from the accompanying particulars

Give journal sections and post the equalizations to concerne : Record the accompanying exchanges in the diagnostic insignificant money book of Mr.Manoharan. Equalization the book on 6th May, 2003. Give Journal sections and post the equalizations to concerned record accounts

User Account

All Pages