Question no 31 Chapter No 15 - Unimax Class 11

The solution of Question No 31 Chapter No 15 - UNIMAX Class 11

Trading A/c, Profit & Loss A/c for the year ended 31st March, 2020

Particular		Amount	Particular		Amount
To Opening stock		4,500	By Sales	22,860
To Purchases	8,940		Less return	240	22,620
Less return	270	8,670	By Closing stock		5,910
To Import duty		1,560
To Carriage on purchases		840
To Gross profit c/d		12,960
(and transferred to P & L A/c)
		28,530			28,530
To Carriage on Sales		1,200	By Gross Profit b/d		12,960
To Office salaries		1,440	By Commission		1,200
To Rent		1,080
To General expenses		900
To Depreciation		1,200
To Interest		540
To discount		60
To Net Profit c/d		7,740
(and transferred capital)
		14,160			14,160

BALANCE SHEET AS ON 31st March, 2020

Liabilities		Amount	Assets		Amount
Capital	15,750		Bank balance		1,800
Add net profit	7,740		Cash		600
Less Drawing	2,400	21,090	S. debtors		6,000
Bills payable		9,000	Building		12,000
Creditors		4,620	Machinery		6,000
			Bills receivable		1,500
			Horses & Carts		900
			Closing stock		5,910
TOTAL		34,710			34,710

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Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

• Chapter No. 1 - Introduction of Accounting
• Chapter No. 2 - Theory Base of Accounting
• Chapter No. 3 - Vouchers and Transactions
• Chapter No. 4 - Journal
• Chapter No. 5 - Goods and Services Tax (GST): An Introduction
• Chapter No. 6 - Ledger
• Chapter No. 7 - Special Purpose Book -  Cash Book
• Chapter No. 8 - Other Subsidiary Books 
• Chapter No. 9 - Trial Balance 
• Chapter No. 10 - Rectification of Errors
• Chapter No. 11 - Depreciation
• Chapter No. 12 - Provision and Reserves
• Chapter No. 13 - Bank Reconciliation Statement
• Chapter No. 14 - Bills of Exchange 

Students may choose only one part from the Part II and Part III

Part-II

• Chapter No. 15 - Financial Statements (Without Adjustments)
• Chapter No. 16 - Financial Statements (With Adjustments)
• Chapter No. 17 - Accounts from Incomplete Records -  Single Entry System

Part-III

• Chapter No. 18 - Introduction to Computers and Accounting information System
• Chapter No. 19 - Computerised Accounting
• Chapter No. 20 - Accounting Software: Tally 
• Chapter No. 21 - Data Base System
• Chapter No. 22 - Concept of Entity and Relationship 

Usha Publication - Elements of Book-Keeping PSEB (Class 11) - Solution

Chapter No. 1 - Introduction

Chapter No. 2 - Theory Base of Accounting 

Chapter No. 3 - Origin of Transactions

Chapter No. 4 - Vouchers and transactions

Chapter No. 5 - Journal

Chapter No. 6 - Accounting for Goods and Services Tax(GST)

Chapter No. 7 - Ledger

Chapter No. 8 - Cash Book

Chapter No. 9 - Other Subsidiary Books

Chapter No. 10 - Journal Proper

Chapter No. 11 - Trial Balance

Chapter No. 12 - Bank Reconciliation Statement

Chapter No. 13 - Depreciation

Chapter No. 14 - Provisions and Reserves 

Chapter No. 15 - Bills of Exchange

Chapter No. 16 - Rectification of Errors 

Chapter No. 17 - Financial Statements - (Without Adjustments)

Chapter No. 18 - Financial Statements - (With Adjustments)

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