Problem No 01 Chapter No 15 – UNIMAX Class 11

Question No 01 Chapter No 15 – Class 11 Unimax

Problem No 01 Chapter No 15 – UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

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

Thanks, Please Like and share with your friends  

Comment if you have any Doubts.

Final Accounts: Meaning, Definition and Explanation

 

Profit and Loss Account: Meaning, Format & Examples

 

Balance Sheet: Meaning, Format & Examples

Also, Check out the solved question of all Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

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)

Check out T.S. Grewal +1 Book 2019 @ Oficial Website of Sultan Chand Publication

Leave a Reply

Your email address will not be published. Required fields are marked *