Question no 01 Chapter No 16 – Unimax Class 11

Question No 0 1 Chapter No 16 - UNIMAX Class 11
Question No 0 1 Chapter No 16 - UNIMAX Class 11

Question No 01 Chapter No 16 – Unimax Class 11

Closing stock of a business is ₹ 16,400 as on 31st March, 2020. Pass Journal entry and show how this will appear in final accounts.

The solution of Question No 01 Chapter No 16 – UNIMAX Class 11

Journal
Date Particulars
L.F. Debit Credit
  Closing Stock A/c Dr.   16,400  
  To Trading A/c       16,400
  (Being closing stock valued at the end of the account)          

 

Trading A/c  
Particulars
Amount Particulars Amount
        By Closing stock 16,400
Balance Sheet  
Liabilities Amount Assets Amount
      By Closing stock 16,400

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Final Accounts: Meaning, 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 

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)

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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 

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Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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