Problem No 02 Chapter No 15 – Unimax Class 11

Question No 02 Chapter No 15 – Class 11 Unimax

Problem No 02 Chapter No 15 – Unimax Class 11

Free Accounting book Solution - Class 11 and Class 12

On the basis of the following information prepare trading account for the year ended 31st March,2020.

Particulars Particulars
Opening stock 20,400 Freight & duty 1,200
Purchases 62,000 Wages 2,700
Sales 95,500 Octroi 450
Purchases returns 1,900 Clearing charges 350
Sales return 4,500 Manufacturing expenses 1,400
Carriage inwards 1,000 Power 1,150

The value of closing stock as on 31st March 2020 was ₹ 25,500.

The solution of Problem No 02 Chapter No 15 – UNIMAX Class 11

Trading A/c for the year ended 31st March, 2020
Particular
Amount Particular
Amount
To Opening stock   20,400 By Sales 95,500  
To Purchases 62,000   Less return 4,500 91,000
Less return 1,900 60,100 By Closing stock   25,500
To Carriage inwards 1,000      
To Freight & Duty 1,200      
To Wages 2,700      
To Octroi 450      
To Clearing charges 350      
To Manufacturing expenses 1,400      
To Power 1,150      
To Gross profit A/c 27,750      
    1,16,500     1,16,500

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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)

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