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Dear Teachers,

​

These slides have been prepared based on the NCERT syllabus to support you in teaching Plus One and Plus Two Accountancy and Computerised Accounting.

​

Please review and verify the content before using it in your classrooms. If you find any errors or have feedback, please let me know.

​

Mujeeb Rahiman C

HSST Commerce

GHSS Pattikkad

Malappuram Dt.

​

✉️ mujeebchemmala@gmail.com

9995983075 �

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Chapter 6

Trial Balance and Rectification of Errors

Trial Balance

illustration

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Machinery

Wages

Drawings

Capital

Goodwill

Interest Received

Sales

Purchases

Sales Return

Discount allowed

100000

16000

20000

40000

6000

60000

15000

210000

20000

200000

Bank overdraft

22000

Bank Loan

90000

Cash

54000

Stock on April 1, 2019

16000

Purchases Return

30000

Debtors :

Credit

Nandu

55000

Roopa

20000

Debit

Indicate against each amount whether it is a debit or a credit balance, and prepare

a Trial Balance as at March 31, 2020 based on the following balances:

Creditors :

Reena

35000

Ganesh

25000

Credit

Credit

Credit

Credit

Credit

Credit

Credit

Debit

Debit

Debit

Debit

Debit

Debit

Debit

Debit

Debit

Debit

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Debit

Balance ₹

Account Title

Credit

Balance ₹

Trial Balance as at 31st Mar, 2020

Machinery

Wages

Drawings

Capital

Goodwill

Interest Received

Sales

Purchases

Sales Return

Discount allowed

100000

16000

20000

40000

6000

60000

15000

210000

20000

200000

Bank overdraft

22000

Bank Loan

90000

Purchases Return

30000

Machinery

Wages

Drawings

Capital

Goodwill

Interest Received

Sales

Purchases

Sales Return

Discount allowed

100000

16000

20000

40000

6000

60000

15000

210000

20000

200000

Bank overdraft

22000

Bank Loan

90000

Cash

54000

Stock on April 1, 2019

16000

Purchases Return

30000

Credit

Debit

Credit

Credit

Credit

Credit

Credit

Debit

Debit

Debit

Debit

Debit

Debit

Debit

Debit

Debtors :

Nandu

55000

Roopa

20000

Creditors :

Reena

35000

Ganesh

25000

Credit

Credit

Debit

Debit

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Debit

Balance ₹

Account Title

5,17,000

5,17,000

Credit

Balance ₹

Trial Balance as at 31st Mar, 2020

Machinery

Wages

Drawings

Capital

Goodwill

Interest Received

Sales

Purchases

Sales Return

Discount allowed

100000

16000

20000

40000

6000

60000

15000

210000

20000

200000

Bank overdraft

22000

Bank Loan

90000

Cash

54000

Stock on April 1, 2019

16000

Purchases Return

30000

Sundry Debtors

75000

Sundry Creditors

60000

Cash

54000

Stock on April 1, 2019

16000

Debit

Debit

Debtors :

Nandu

55000

Roopa

20000

Creditors :

Reena

35000

Ganesh

25000

Credit

Credit

Debit

Debit

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MUJEEB RAHIMAN C

HSST COMMERCE

GHSS PATTIKKAD

MALAPPURAM DT

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The following Trial Balance is prepared by an inexperienced Accountant.

Redraft it in a correct form

​

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Debit

Balance ₹

Account Title

4,30,200

4,30,200

Credit

Balance ₹

Trial Balance

Wages

Return inwards

Machinery

Land & Building

Return outwards

Cash in hand

Discount allowed

Discount received

Purchases

Opening Stock

120000

92000

18200

6500

15000

3370

2400

730

133600

1620

Debtors

30000

Creditors

20000

Carriage on sales

3280

Carriage on purchase

2800

Sales

240000

Bank overdraft

12100

Capital

154000

Drawings

4800

1620

730

6500

3370

3280

12100

4800

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MUJEEB RAHIMAN C

HSST COMMERCE

GHSS PATTIKKAD

MALAPPURAM DT

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Trial Balance

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MUJEEB RAHIMAN C

HSST COMMERCE

GHSS PATTIKKAD

MALAPPURAM DT

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MUJEEB RAHIMAN C

HSST COMMERCE

GHSS PATTIKKAD

MALAPPURAM DT