[DK Goel] Q. 2 Trial Balance and Errors Solutions Class 11 CBSE (2025-26)
Solutions of Question number 2 of Chapter 14 Trial Balance and Errors DK Goel class 11 CBSE (2025-26)
From the following balances, taken from the books of M/s Dwarka Prashad & sons as at 31st March 2023, prepare a Trial Balance is proper form:-
| Name of Accounts | ₹ | Name of Accounts | ₹ |
| Cash In Hand | 4,500 | Machinery | 24,000 |
| Bank Overdraft | 8,000 | Land & Buildings | 50,000 |
| Opening Stock | 20,000 | Debtors | 18,400 |
| Purchases | 80,000 | Creditors | 8,500 |
| Purchases Returns | 2,000 | Bills Receivable | 2,850 |
| Sales | 1,30,000 | Bills Payable | 1,650 |
| Sales Returns | 5,000 | Capital | 60,000 |
| Travelling Expenses | 1,800 | Drawings | 6,000 |
| Discount Allowed | 600 | Rent | 3,700 |
| Discount Received | 1,500 | Salaries | 3,600 |
| Loan (Cr.) | 10,000 | ||
| Interest on Loan | 1,200 |
[Ans. Total of Trial Balance ₹ 2,21,650.]
Solution:-
Hints: (1) Loan (Cr.) is a liability. Hence, it will be written on the credit side.
(2) Interest on Loan is an expense. Hence, it will be recorded on the debit side.
