Question 41 Chapter 1 VK Publications Class 12 Part 2 – 2021
Table of Contents
41. From the following , compute the cost of marterial consumed:Opening inventory of material Rs. 3,75,000, opening stock-in-trade Rs. 1,00,000, materialspurchased Rs. 12,50,000, purchase of stock-in-trade Rs. 7,50,000, closing inventory ofmaterials Rs. 1,25,000 and closing stock-in-trade Rs. 75,000.
The solution of Question 41 Chapter 1 VK Publications Class 12 Part 2: –
| Cost of material consumed = | Opening inventory of material + Materials purchased -Closing inventory of materials |
| = 3,75,000 +12,50,000-1,25,000 | |
| = 15,00,000 |
Financial Statements of a Company and Its formats
T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)
- Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
- Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
- Chapter No. 3 – Goodwill: Nature and Valuation
- Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
- Chapter No. 5 – Admission of a Partner
- Chapter No. 6 – Retirement/Death of a Partner
- Chapter No. 7 – Dissolution of a Partnership Firm
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 8 – Company Accounts – Accounting for Share Capital
- Chapter No. 9 – Company Accounts – Issue of Debentures
- Chapter No. 10 – Redemption of Debentures
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
- Chapter No. 4 – Accounting Ratios
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication