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Problem 1 Chapter 1 – Unimax Publications of Class 11

Problem 1- CH-1 Solution-min
Problem 1- CH-1 Solution-min

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Problem 1 Chapter 1 – Unimax

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From the following calculate the cost of goods sold :

 Rs.
Opening Stock27,000
Purchases1,57,000
Direct Expenses22,500
Closing Stock24,000

The Solution of Problem 1 Chapter 1 – Unimax

Cost of goods sold = Opening Stock + Net Purchases +Direct Expenses
 = Rs. 27,000+ 1,57,000+22,500-24,000
 = Rs. 1,82,500

 

This is all about Problem 1 Chapter 1 – Unimax. You can check out the following article to better understand:

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Financial Accounting Terminology

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Financial Accounting Terminology – Explained in Hindi

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Comment if you have any doubts about Problem 1 Chapter 1 – Unimax.

You can also Check out the solved questions of other Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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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

You can also Check out the other Books’ Solutions: –

 

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