Problem No 01 Chapter No 15 – UNIMAX Class 11
Prepare trading account of X from the following balance for the year ended 31st march,2020.
| Particulars | ₹ | Particulars | ₹ |
| Opening stock | 15,000 | Wages | 2,400 |
| Purchases | 40,000 | Purchases returns | 5,000 |
| Sales | 75,000 | Manufacturing expense | 3,600 |
| Carriage inwards | 1,500 | ||
| Sales return | 15,000 |
Value of closing stock on 31st March,2020 was ₹ 22,500.
The solution of Problem No 01 Chapter No 15 – UNIMAX Class 11
| Trading A/c for the year ended 31st March, 2020 | |||||
| Particular |
Amount | Particular |
Amount | ||
| To Opening stock | 15,000 | By Sales | 75,000 | ||
| To Purchases | 40,000 | Less return | 15,000 | 60,000 | |
| Less return | 5,000 | 35,000 | By Closing stock | 22,500 | |
| To Wages |
2,400 | ||||
| To Manufacturing expenses | 3,600 | ||||
| To Carriage inwards | 1,500 | ||||
| To Gross profit A/c | 25,000 | ||||
| 82,500 | 82,500 | ||||
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Final Accounts: Definition and Explanation
Profit and Loss Account: Meaning, Format & Examples
Balance Sheet: Meaning, Format & Examples
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Also, Check out the solved question of all Chapters: –
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. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
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Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 14 – Provisions and Reserves
Chapter No. 15 – Bills of Exchange
Chapter No. 16 – Rectification of Errors
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Chapter No. 17 – Financial Statements – (Without Adjustments)
Chapter No. 18 – Financial Statements – (With Adjustments)
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