Question No 09 Chapter No 15 – Unimax Class 11
From the incomplete Trial balance of Mr. X, you are required to prepare a Trading Account for the year ended 31-3-2020.
| Debit balance | ₹ | Credit balance | ₹ |
| Purchases (adjusted) | 25,000 | Outstanding wages | 5,000 |
| Wages | 15,000 | Discount received | 1,250 |
| Carriage inwards | 2,500 | Sales less returns | 1,00,000 |
| Discount allowed | 2,500 | ||
| Freight | 10,000 | ||
| Prepaid freight | 2,500 | ||
| Closing stock (adjusted with purchases) | 12,500 | ||
| 70,000 | 1,06,250 |
The solution of Question No 09 Chapter No 15 – UNIMAX Class 11
| Trading A/c of MR.X for the year ended 31st March, 2020 | |||||
| Particular |
Amount | Particular |
Amount | ||
| To Purchases | 25,000 | By Sales less returns | 1,00,000 | ||
| To wages | 15,000 | ||||
| To Carriage | 2,500 | ||||
| To Freight | 10,000 | ||||
| To Gross Profit c/d | 47,500 | ||||
| 1,00,000 | 1,00,000 | ||||
| By Gross profit b/d | 47,500 | ||||
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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
- 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
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
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
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Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
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)
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