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From the following balances find out the total of trial balance.
Capital Rs. 4,00,000
Computer Rs. 25,000
AC & Furniture Rs. 1,00,000
Fixed deposits Rs. 2,00,000
Salaries Rs. 8,00,000
Fees Received Rs. 12,00,000
Traveling expenses Rs. 1,50,000
Rent & office expenses Rs. 2,40,000
Cash Rs. 1,80,000
Bank O.D Rs. 95,000
Capital Rs. 4,00,000
Computer Rs. 25,000
AC & Furniture Rs. 1,00,000
Fixed deposits Rs. 2,00,000
Salaries Rs. 8,00,000
Fees Received Rs. 12,00,000
Traveling expenses Rs. 1,50,000
Rent & office expenses Rs. 2,40,000
Cash Rs. 1,80,000
Bank O.D Rs. 95,000
- a)Rs. 16,00,000
- b)Rs. 14,50,000
- c)Rs. 16,95,000
- d)Rs. 15,00,000
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
From the following balances find out the total of trial balance.Capita...
Total of Trial Balance
Capital: Rs. 4,00,000
Computer: Rs. 25,000
AC Furniture: Rs. 1,00,000
Fixed deposits: Rs. 2,00,000
Salaries: Rs. 8,00,000
Fees Received: Rs. 12,00,000
Traveling expenses: Rs. 1,50,000
Rent office expenses: Rs. 2,40,000
Cash: Rs. 1,80,000
Bank O.D: Rs. 95,000
To find the total of trial balance, we need to add up all the debit balances and credit balances separately, and then compare them to see if they are equal.
Debit Balances:
Capital: Rs. 4,00,000
Computer: Rs. 25,000
AC Furniture: Rs. 1,00,000
Fixed deposits: Rs. 2,00,000
Salaries: Rs. 8,00,000
Traveling expenses: Rs. 1,50,000
Rent office expenses: Rs. 2,40,000
Cash: Rs. 1,80,000
Bank O.D: Rs. 95,000
Total Debit Balance: Rs. 20,10,000
Credit Balances:
Fees Received: Rs. 12,00,000
Total Credit Balance: Rs. 12,00,000
As we can see, the total debit balance is higher than the total credit balance. Therefore, we need to add the difference between these two amounts to the credit balance to get the total of trial balance.
Difference: Rs. 8,10,000
Total of Trial Balance: Rs. 12,00,000 + Rs. 8,10,000 = Rs. 16,95,000
Therefore, the correct answer is option 'C'.
Capital: Rs. 4,00,000
Computer: Rs. 25,000
AC Furniture: Rs. 1,00,000
Fixed deposits: Rs. 2,00,000
Salaries: Rs. 8,00,000
Fees Received: Rs. 12,00,000
Traveling expenses: Rs. 1,50,000
Rent office expenses: Rs. 2,40,000
Cash: Rs. 1,80,000
Bank O.D: Rs. 95,000
To find the total of trial balance, we need to add up all the debit balances and credit balances separately, and then compare them to see if they are equal.
Debit Balances:
Capital: Rs. 4,00,000
Computer: Rs. 25,000
AC Furniture: Rs. 1,00,000
Fixed deposits: Rs. 2,00,000
Salaries: Rs. 8,00,000
Traveling expenses: Rs. 1,50,000
Rent office expenses: Rs. 2,40,000
Cash: Rs. 1,80,000
Bank O.D: Rs. 95,000
Total Debit Balance: Rs. 20,10,000
Credit Balances:
Fees Received: Rs. 12,00,000
Total Credit Balance: Rs. 12,00,000
As we can see, the total debit balance is higher than the total credit balance. Therefore, we need to add the difference between these two amounts to the credit balance to get the total of trial balance.
Difference: Rs. 8,10,000
Total of Trial Balance: Rs. 12,00,000 + Rs. 8,10,000 = Rs. 16,95,000
Therefore, the correct answer is option 'C'.
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Community Answer
From the following balances find out the total of trial balance.Capita...
Dr =25000+100000+200000+800000+150000+240000+180000=1695000
Cr=400000+1200000+95000=1695000
Cr=400000+1200000+95000=1695000
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From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer?
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From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? 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 From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer?.
From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? 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 From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer?.
Solutions for From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Here you can find the meaning of From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer?, a detailed solution for From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice From the following balances find out the total of trial balance.Capital Rs. 4,00,000Computer Rs. 25,000AC & Furniture Rs. 1,00,000Fixed deposits Rs. 2,00,000Salaries Rs. 8,00,000Fees Received Rs. 12,00,000Traveling expenses Rs. 1,50,000Rent & office expenses Rs. 2,40,000Cash Rs. 1,80,000Bank O.D Rs. 95,000a)Rs. 16,00,000b)Rs. 14,50,000c)Rs. 16,95,000d)Rs. 15,00,000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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