# Chapter No. 15 – Financial Statements (Without Adjustments) – Unimax Publications Class 11 – 2021 – Solution

In this article, we have provided the Question wise solution to all Questions of Chapter No. 15 – Financial Statements (Without Adjustments)–Unimax Publications Class 11 – 2021 – Solution, But first of all, we have explained the meaning of Depreciation: –

## Meaning of Final Accounts

Final Accounts gives an idea about the profitability and financial position of a business to its management, owners, and other interested parties. It is a combination of the following statement: –

2. Profit and loss account
3. Balance Sheet

Every businessman started a business to earn some income from it. Profit is the net income that the owner gets from the business. To calculate profit or loss, An accountant has made the final accounts for the business for a particular accounting period(i.e. One year starting from 1st April and ending 31st March).

On the basis of the Trial balance, An accountant prepares the final accounts or financial statements for the particular period of time for reporting the management of the business. The final accounts are prepared to throw light on the financial results of the operation of the business during the particular accounting period of time and the financial position of the business at that period of time.

Final Accounts: Meaning, Definition and Explanation

## Chapter No. 15 – Financial Statements (Without Adjustments)–Unimax Publications Class 11 – 2021 – Solution

Question-wise solution of all Questions of Chapter No. 15 – Financial Statements (Without Adjustments)–Unimax Publications Class 11 – 2021 – Solution are shown below: –

Problem No 01 Chapter No 15 - UNIMAX Class 11 Prepare trading account of X from the following balance for ...
Problem No 02 Chapter No 15 - Unimax Class 11 On the basis of the following information prepare trading account ...
Problem No 03 Chapter No 15 - Unimax Class 11 From the following prepare the Trading account for the year ...
Problem No 05 Chapter No 15 - Unimax Class 11 The following is the Trial Balance of X & Co ...
Problem No 06 Chapter No 15 - Unimax Class 11 Prepare Trading and Profit & Loss Account of M/s Sports ...
Problem No 07 Chapter No 15 - Unimax Class 11 From the following Trial Balance of S. Ganapati, prepare the ...
Problem No 08 Chapter No 15 - Unimax Class 11 From the following balances, prepare final accounts of M/s Mangal ...
From the following balance taken from the books of the year ending year ending March 31,2020, calculate the gross profit: ...
Question No 02 Chapter No 15 - Unimax Class 11 From the following information, prepare the Trading account for the ...
Question No 03 Chapter No 15 - Unimax Class 11 (Without GST). Prepare Trading account for the year ended 31st ...
Question No 04 Chapter No 15 - Unimax Class 11 Ascertain cost of goods sold from the following:   ₹ ...
Problem No 05 Chapter No 15 - Unimax Class 11 Opening stock ₹ 15,000 ; Sales 48,000 ; Carriage inward ...
Question no 06Chapter No 15 - Unimax Class 11 Net sales for the year ended 31st March,2020 is ₹ 9,00,000 ...
Question No 07 Chapter No 15 - Unimax Class 11 Prepare a Trading Account from the following balance for the ...
Question No 08 Chapter No 15 - Unimax Class 11 From the following Particulars, prepare a Trading Account for the ...
Question No 09 Chapter No 15 - Unimax Class 11 From the incomplete Trial balance of Mr. X, you are ...
Question No 10 Chapter No 15 - Unimax Class 11 From the following information, prepare profit and loss account for ...
Question No 11 Chapter No 15 - Unimax Class 11 Following is the Trial Balance as on 31.03.2020.   Particular ...
Question No 12 Chapter No 15 - Unimax Class 11 From the following information, prepare the profit & loss account ...
Question No 13 Chapter No 15 - Unimax Class 11 The following is the Trial Balance of Raj & Co ...
Question No 14 Chapter No 15 - Unimax Class 11 Calculate gross profit & net profit and on the basis ...
Question No 15 Chapter No 15 - Unimax Class 11 Following is the Trial Balance of Venkat on 31st March,2020 ...
Question No 16 Chapter No 15 - Unimax Class 11 From the following information, prepare a balance sheet of Mr ...
Question No 17 Chapter No 15 - Unimax Class 11 Prepare Trading Profit and Loss Account and Balance Sheet as ...
Question No 18 Chapter No 15 - Unimax Class 11 The Trial Balance shows the following balance as at 31.3.2020 ...
Question No 19 Chapter No 15 - Unimax Class 11 From the following Trial Balance prepare a Trading and a ...
Question No 20 Chapter No 15 - Unimax Class 11 The following trial balance is extracted from the books on ...
Question No 21 Chapter No 15 - Unimax Class 11 The following is the trial balance on March 31,2020. You ...
Question No 22 Chapter No 15 - Unimax Class 11 The following is the Trial Balance of Mr. Deepak as ...
Question No 23 Chapter No 15 - Unimax Class 11 The following is the Trial Balance of Rishi Trading Co ...
Question No 24 Chapter No 15 - Unimax Class 11 From the following balance prepare (1) Trading and Profit & ...
Question No 25 Chapter No 15 - Unimax Class 11 Given below is the Trial Balance as on 31st March,2020 ...
Question No 26 Chapter No 15 - Unimax Class 11 Prepare Trading and profit and loss account from the following ...
Question No 27 Chapter No 15 - Unimax Class 11 From the following trial balance, prepare Trading, Profit & Loss ...
Question No 28 Chapter No 15 - Unimax Class 11 Prepare trading account, profit and loss account and balance sheet ...
Question No 29 Chapter No 15 - Unimax Class 11 From the following trail balance, prepare the Trading and profit ...
Question No 30 Chapter No 15 - Unimax Class 11 Prepare trading and profit and loss account and balance sheet ...
Question No 31 Chapter No 15 - Unimax Class 11 From the following Trial Balance of Messrs. Ch Amar sons, ...
Question No 32 Chapter No 15 - Unimax Class 11 The following is the Trial Balance of Shri Ram as ...
Question No 33 Chapter No 15 - Unimax Class 11 (with GST). Following is the Trial Balance of at 31st ...

## Unimax Publications – Advanced Accountancy-I- 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 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

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