28. Prepare a Trial balance for Shining Brother Pvt Ltd on March 31st, 2017? Description Amount Bank Loan Rs. 14,000 Marketable Security 6,500 Bill Payable 1,000 Description Insurance Expense Owner's Investments Rent & Rates Expense Amount Description Amount Rs. 7,300 Equipments Rs. 40,000 95,000 Maintenance Exp. 5,000 400 Miscellaneous Expenses 4,800 Unearned Revenue 3.500 Acc. Dep. Equipments 14,000 Accrued Expenses 1,500 Sundry Debtors 12,000 Accrued Revenue 15.000 Dep. Exp. Equipments 2.000 Outstanding Salaries 2.500 Machinery 25,000 Unexpired Insurance 8,500 Prepaid Rent 2,000 Drawings 3.500 Vendor's Payables 500

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 40P: Many retirement funds charge an administrative fee each year equal to 0.25% on managed assets....
Question
28. Prepare a Trial balance for Shining Brother Pvt Ltd on March 31st, 2017?
Description
Amount
Bank Loan
Rs. 14,000
Marketable Security
6,500
Bill Payable
1,000
Description
Insurance Expense
Owner's Investments
Rent & Rates Expense
Amount
Description
Amount
Rs. 7,300
Equipments
Rs. 40,000
95,000
Maintenance Exp.
5,000
400
Miscellaneous Expenses
4,800
Unearned Revenue
3.500
Acc. Dep.
Equipments
14,000
Accrued Expenses
1,500
Sundry Debtors
12,000
Accrued Revenue
15.000
Dep. Exp. Equipments
2.000
Outstanding Salaries
2.500
Machinery
25,000
Unexpired Insurance
8,500
Prepaid Rent
2,000
Drawings
3.500
Vendor's Payables
500
Transcribed Image Text:28. Prepare a Trial balance for Shining Brother Pvt Ltd on March 31st, 2017? Description Amount Bank Loan Rs. 14,000 Marketable Security 6,500 Bill Payable 1,000 Description Insurance Expense Owner's Investments Rent & Rates Expense Amount Description Amount Rs. 7,300 Equipments Rs. 40,000 95,000 Maintenance Exp. 5,000 400 Miscellaneous Expenses 4,800 Unearned Revenue 3.500 Acc. Dep. Equipments 14,000 Accrued Expenses 1,500 Sundry Debtors 12,000 Accrued Revenue 15.000 Dep. Exp. Equipments 2.000 Outstanding Salaries 2.500 Machinery 25,000 Unexpired Insurance 8,500 Prepaid Rent 2,000 Drawings 3.500 Vendor's Payables 500
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