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Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500?
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Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) C...
Trial Balance (Total method)

The trial balance is a statement that lists all the ledger accounts and their balances to check whether the total debits are equal to the total credits. The total method in trial balance means that the total amount of each account is taken instead of individual transactions.

Given data:
- Cash account: Dr. Rs. 11,045, Cr. Rs. 7,865
- Capital account: Dr. Rs. 10,000
- Bank account: Dr. Rs. 7,000, Cr. Rs. 100
- Purchases account: Dr. Rs. 725
- Sales account: Dr. Rs. 950
- Krishna: Dr. Rs. 375, Cr. Rs. 375
- Salary: Dr. Rs. 5, Cr. Rs. 10
- Rent Account: Dr. Rs. 150

Calculation:
- Total of debit side: Rs. (11,045 + 10,000 + 7,000 + 725 + 950 + 375 + 5 + 150) = Rs. 30,250
- Total of credit side: Rs. (7,865 + 100 + 375 + 10) = Rs. 8,350
- Difference: Rs. (30,250 - 8,350) = Rs. 21,900

Answer:
The total amount of trial balance according to the total method will be Rs. 21,900. Therefore, the correct option is (d) Rs. 10,500.
Community Answer
Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) C...
The answer is Rs 10955
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Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500?
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Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500?.
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Here you can find the meaning of Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500? defined & explained in the simplest way possible. Besides giving the explanation of Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500?, a detailed solution for Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500? has been provided alongside types of Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500? theory, EduRev gives you an ample number of questions to practice Trial Balance (Total method) Dr. Cr. Name of the account (Rs.) (Rs.) Cash account 11,045 7,865 Capital account 10,000 ---- Bank account 7,000 100 Purchases account 725 ---- Sales account 950 ---- Krishna 375 375 Salary 5 10 Rent Account 150 ---- Total amount of trial balance according to balance method will be: (a) Rs. 10,955 (b) Rs. 10,900 (c) Rs. 10,000 (d) Rs. 10,500? tests, examples and also practice CA Foundation tests.
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