Question - 08
From the following trial balance which evidently contains errors prepare a correct trial balance.
Particulars L.F. Dr. Amount Cr. Amount
Rs. Rs.
Cost of goods sold 1,50,000 -
Debtors - 60,000
Fixed Assets 50,000 -
Expenses - 20,000
Sales - 2,00,000
Capital 91,000 -
Drawings - 1,000
Opening Stock 60,000 -
Closing stock - 40,000
Creditors - 30,000
Total 3,51,000 3,51,000
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