Question - 14 

Indicate against each amount whether it is a debit or a credit balance and prepare a trial balance as at March 31, 2017 based on the following balance.

Capital Rs. 1,00,000
Drawing Rs. 16,000
Machinery Rs. 20,000
Sales Rs. 2,00,000
Purchase Rs, 2,10,000
Sales return Rs. 20,000
Purchase return Rs. 30,000
Wages Rs. 40,000
Goodwill Rs. 60,000
Interest Received Rs. 15,000
Discount allowed Rs. 6,000
Bank overdraft Rs. 22,000
Bank loan Rs. 90,000
Debtors Rs. -
Nathu Rs. 55,000
Roopa Rs. 20,000
Creditors Rs. -
Reena Rs. 35,000
Gaurav Rs. 25,000
Cash Rs. 54,000
Stock (on 1st April, 2016) Rs. 16,000.