Question No 09 Chapter No 11 – USHA Publication 11 Class

Question No 09 Chapter No 11

Question No 09 Chapter No 11

Treatment of Cost of goods Sold/Adjusted Purchases

9. From the following of Bilawal Preet Singh, prepare trial balance as on 31st March,2019

Ledger Account Balance Rs  Ledger Account Balance Rs
Sales 60,000 Closing stock 42,000
Capital 12,200 Freight 3,000
Creditor 45,000 Delivery Van 14,000
Adjusted Purchases 56,200 Bank(Cr) 23,000
Fixed Liabilities 18,810 Discount received 1,800
Debtors 42,420 Clearing charges 3,430
Machinery 16,500 Return inward 1,260

The solution of Question No 09 Chapter No 11: –

Trail Balance A/c  
Particulars
J.F. Debit Credit
Sale     60,000
Capital     12,200
Creditor     45,000
Adjusted Purchases   53,200  
Fixed Labilities     18,810
Debtors   24,420  
Machinery   46,500  
Closing Stock   42,000  
Freight   3,000  
Delivery van   14,000  
Bank(Cr)     23,000
Discount received     1,600
Clearing charges   3,430  
Return inward   1,260  
    1,60,810 1,60,810

 

 

Trial Balance | Explanation | Methods | Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of all Chapters: –

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)

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 

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

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

Leave a Reply