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Problem No 01 Chapter No 15 – UNIMAX Class 11

Question No 01 Chapter No 15 – Class 11 Unimax
Question No 01 Chapter No 15 – Class 11 Unimax

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Problem No 01 Chapter No 15 – UNIMAX Class 11

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Prepare trading account of X from the following balance for the year ended 31st march,2020.

ParticularsParticulars
Opening stock15,000Wages2,400
Purchases40,000Purchases returns5,000
Sales75,000Manufacturing expense3,600
Carriage inwards1,500  
Sales return15,000  

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
AmountParticular
Amount
To Opening stock 15,000By Sales75,000 
To Purchases40,000 Less return15,00060,000
Less return5,00035,000By Closing stock 22,500
To Wages
2,400   
To Manufacturing expenses3,600   
To Carriage inwards1,500   
To Gross profit A/c25,000   
  82,500  82,500

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Comment if you have any Doubts.

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

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 

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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

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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. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

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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

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