Category: Chapter No. 20. Final Account- With Adjustment

Question No 13 Chapter No 20 13.The following balances were extracted from the books of Shri Krishan Kumar as at 31st March, 2017:   Dr.(Rs) Cr.(Rs) Capital    24,500 Drawings 2,000   General Expenses 2,500   Buildings 11,000   Machinery Read More …

Question No 12 Chapter No 20 12. Following is the Trial Balance of Mr. Gautam as at 31st March, 2017: Dr. Balances   Cr. Balances   Goodwill 30,000 Purchase Returns 2,650 Land & Buildings 60,000 Capital A/c  2,03,000 Plant & Read More …

Question No 11 Chapter No 20 11. Give Journal entries for the following adjustments in full in final account:- Salaries Rs 5,000 are outstanding Insurance amounting to Rs 2,000 is paid in advance Rs 4,000 for rent have been received Read More …

Question No 10 Chapter No 20 10.Give Journal Entries for the following adjustments in final accounts:1. Extract of Trial Balance as on 31st March, 2019 Particulars Debit Credit Sundry debtors  6,60,000   Bad debts  15,000   Provision for doubtful debts Read More …

Question No 09 B Chapter No 20 09 B. From the following particulars taken out from the books of Subhash General Store, prepare Trading and Profit & Loss Account for the year ended 31st March, 2017 and Balance Sheet as Read More …