DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH
Name : R. Radha
Designation : Assistant Lecturer
Branch : Commercial and computer
practice
Institute : Central Institute of
commerce
Year : I year
Subject : Accountancy
Subject Code : CCP102.
Topic : Trial Balance
Duration : 100 minutes
Sub Topic : Exercises on preparation of
Trial Balance
Teaching Aids : PPT ,Animations
CCP102.119 to 120 1
Objective
At the end of the class, the student would
able to :
 Prepare trial balance under balances method

CCP102.119 to 120 2
Exercise:1
Prepare a Trial balance from the following as on 31.12.2003.
Particulars Rs. Particulars Rs.
Capital 50,000 sales 33,000
Cash 55,000 Purchase returns 4,000
Purchases 25,000 wages 1,000
Bill Receivables 4,000 Rent 2,000

CCP102.119 to 120 3
Solution:
Trial balance as on ______

S.no Heads of Accounts L.F Debit Credit

Rs. Rs.

1. Capital 50,000
2. Cash 55,000
3. Purchases 25,000
4. Bills Receivable 4,000
5. Sales 33,000
6. Purchase Returns 4,000
7. Wages 1,000
8. Rent 2,000
87,000 87,000
CCP102.119 to 120 4
Exercise:2
From the following prepare the trial balance

Bills receivable 45,000 Capital 80,000

Bill Payable 30,000 Sales returns 6,000
Purchases 70,000 discount (cr) 600
Sales 80,000 furniture 69,600

CCP102.119 to 120 5
Solution:
Trial Balance as on _______
S.No Heads of Accounts L.F Debit Credit
Rs. Rs.
1. Capital 80,000
2. Purchases 70,000
3. Bills payable 30,000
4. Bills receivable 45,000
5. Sales 80,000
6. Sales Returns 6,000
7. Discount 600
8. Furniture 69,600
1,90,600 1,90,600
CCP102.119 to 120 6
Assignment Problems:
1. From the following ledger balances prepare a
trial balance:
Capital A/c 25,000 Drawings A/c 65,000
Cash A/c 200 Bank A/c 7,000
Sales 12,000 Returns inwards 500
Opening sock 10,000 Purchasers 8,000
Returns 800 B/R 4,000
onwards

CCP102.119 to 120 7
B/P 3,000 Sundry debtors 5,000
Sundry creditors 3,500 Discount 600
allowed
Rent paid 400 Commission 400
paid
Adventure 500 Salaries paid 1,200

CCP102.119 to 120 8
Exercise:3
Prepare a Trial balance from the following as on
31st Dec,2006
Purchases 2,00,000 Sales 4,71,004
Machinery 90,000 Capital 45,000
Returns inwards 5,000 Purchases returns 2,503
Debtors 92,000 Creditors 51,000
Cash 28,000 Bill payable 1,000
Stock 50,205 Taxes 4,800
Wages 40,000 Furniture 8,000
Salaries 47,000 Carriage inwards 5,502

CCP102.119 to 120 9
 Trial Balance as on 31.12.2006.
S.No Heads of Accounts L.F Debit Credit
amount Rs. amount
Rs.
1. Purchases 2,00,000
2. Machinery 90,000
3. Returns inwards 5,000
4. Debtors 92,000
5. Cash 28,000
6. Stock 50,205
CCP102.119 to 120 10
7. Wages 40,000
8. Salaries 47,000
9. Sales 4,71,004
10. Capital 45,000
11. Purchase 2,503
returns
12. Creditors 51,000
13. Bills payable
1,000
14. Taxes 48,000
CCP102.119 to 120 11
15. Furniture 8,000
16. Carriage 5,502
inwards
TOTAL 5,10,507 5,10,507

CCP102.119 to 120 12
Assignment problems
Prepare trial balance from the
following
Capital A/c 25,00 Drawings A/c 6,500

Cash A/c 200 Bank A/c 7,000

Opening stock 10,000 Purchasers 8,000

Sales 12,000 Returns 500

inwards
Returns on wards 8,000 B/R 4,000

CCP102.119 to 120 13
B/P 3,000 Sundry debtors 5000

Sundry creditors 3,500 Discount allowed 600

Rent paid 400 Commission paid 400

Adventure 500 Salaries paid 1,200

Total of trial balance Rs :44,300

CCP102.119 to 120 14
Summary
 TRIAL BALNCE is prepared to check the
arithmetical accuracy of books
 Trial balance is prepared in Two methods
a) Total’s method
b) Balance method
 It has the following format
Head of A/c Debit Balance Credit
Balance

CCP102.119 to 120 15
Quiz :
1. Preparation of Trial Balance help in the
preparation of
a) Final Accounts
b) Balance sheet
c) None

CCP102.119 to 120 16