Question no 02 Chapter No 16 – Unimax Class 11

Question No 0 2 Chapter No 16 - UNIMAX Class 11
Question No 0 2 Chapter No 16 - UNIMAX Class 11

Question No 02 Chapter No 16 – Unimax Class 11

Following is an extract from Trial Balance:                                                               

Particulars Amount Particulars Amount
      By Closing stock 16,400

Show how it will be recorded in Final account as on 31st March, 2020.

The solution of Question No 02 Chapter No 16 – UNIMAX Class 11

Journal
Date Particulars L.F. Debit Credit
  Closing Stock A/ 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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