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Question No 08 Chapter No 15 – Unimax Class 11
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From the following Particulars, prepare a Trading Account for the year ended on 31 March, 2020.
| Particular | ₹ |
| Stock at the beginning ) | 11,080 |
| Credit purchases | 60,780 |
| Purchases return | 1,720 |
| Railway freight | 1,800 |
| Cash purchases | 9,000 |
| Carriage on purchases | 520 |
| Credit sales | 1,46,940 |
| Sales return | 5,040 |
| Packing charges for goods sold | 700 |
| Cash sales | 18,440 |
| Carriage on sales | 2,400 |
| Wages | 15,800 |
| Salaries | 21,900 |
| Discount on purchases | 380 |
| Cash in hand | 1,700 |
| Capital | 10,000 |
| Closing stock | 12,800 |
The solution of Question No 08 Chapter No 15 – UNIMAX Class 11
| Trading A/c, for the year ended 31st March, 2020 | |||||
| Particular | Amount | Particular | Amount | ||
| To Opening stock | 11,080 | By Sales (Credit) | 1,46,940 | ||
| To Purchases (Cash) | 9,000 | Add Sales (Cash) | 18,440 | ||
| 1,65,380 | |||||
| Add (Credit) | 60,780 | Less returns | 5,040 | 1,60,340 | |
| Less returns | 1,720 | 68,060 | By Closing stock | 12,800 | |
| To Carriage on purchases | 520 | ||||
| To wages | 15,800 | ||||
| To Railway freight | 1,800 | ||||
| To Gross Profit c/d | 75,880 | ||||
| 1,73,140 | 1,73,140 | ||||
| By Gross Profit b/d | 75,880 | ||||
Final Accounts: Meaning, Definition and Explanation
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Profit and Loss Account: Meaning, Format & Examples
Balance Sheet: Meaning, Format & Examples
Also, Check out the solved question of all Chapters: –
Advanced Accountancy – Unimax Class 11 – 2021 – Solution.
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
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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. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
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Chapter No. 6 – Accounting for Goods and Services Tax(GST)
Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
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Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
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)
Check out T.S. Grewal +1 Book 2019 @ Oficial Website of Sultan Chand Publication
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