Question 51 Chapter 1 VK Publications Class 12 Part 2 – 2021
Table of Contents
51. Present the following items in the Statement of Profit and Loss and calculate total revenue from operations of a manufacturing company from the following information for the year ended 31st March, 2018:
Sales Rs. 4,68,000, Sales Return Rs. 18,000, Sale of Scrap Rs. 2,250,
Interest on Securities Rs. 2,700, Dividend Earned Rs. 900.
The solution of Question 51 Chapter 1 VK Publications Class 12 Part 2: –
Statement of Profit and Loss for the year ended 31st , March 2018 :
| Particulars | Note No. | 31st March 2018Rs. | 31st March 2017Rs. |
| I. Revenue from Operations | 1 | 4,52,250 | |
| II.Other Incomes | 2 | 3,600 | |
| III.Total Revenue from Operations (I+II) | 4,55,850 |
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