Trial Balance of khasta bakery

Khasta Bakery is a renowned bakery and a partnership concern. This bakery is know for delicious treats specially Cup cakes. Khasta bakery is preparing their proper books & for this purpose they want you to prepare their trial balance. Following are the details of ledger accounts and adjustments for the year of Khasta Bakery.


  1. Revenue                                      8,000,000
  2. Capital (Adeel)                           2,000,000
  3. Capital (Sadequaine)                1,000,000
  4. Capital (Hassnain)                    1,500,000
  5. Capital (Anas)                          35,000,000
  6. Cash till                                          200,000
  7. Bank                                            6,000,000
  8. Long term-loan                         2,000,000
  9. Salary expense                             500,000
  10. Rent expense                                300,000
  11. Insurance expense                      800,000
  12. Merchandise Inventory          1,000,000
  13. Four Delivery Bikes                 2,000,000
  14. Equipment                                 3,000,000
  15. Shelves & fridge.                      2,500,000
  16. Marketing expense                    2,00,000
  17. Debtors                                       3,000,000
  18. Creditors                                    1,500,000
Adjustments:
  • Rent is accrued 500,000
  • Perpaid insurance 300,000
  • 50% debtors has paid in full settlement after 5% discount.
Requirement: Prepare trial balance of Khasta Bakery.

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