Question - 12 

Prepare Trial Balance of Basant Brothers on 31st December, 2006 from the given balances:
Capital Rs. 40,000
Furniture Rs. 8,000
Trading exp. Rs. 12,200
Discount Allowed Rs. 1,800
Discount received Rs. 1,600
Purchases Rs. 12,000
Sales Rs. 20,000
Cash Rs. 4,000
Building Rs. 16,000
Debtors Rs. 10,000
Creditors Rs. 2,400.