Question No 32 Chapter No 19
32. From the following information, calculate Total Sales made during the period:
Debtors as on 1st April, 2017 | 20,400 |
Cash received from debtors during the year as per Cash Book | 60,800 |
Returns Inward | 5,400 |
Bad Debts | 2,400 |
Debtors as on 31st March, 2018 | 27,600 |
Cash Sales as per Cash Book | 56,800 |
The solution of Question No 32 Chapter No 19:-
Debtors Account |
|||||
Liabilities |
Amount | Assets | Amount | ||
Balance b/d | 30,200 | Cash A/c | 60,800 | ||
Sales A/c | 1,200 | Sales Return A/c | 5,400 | ||
Bad-Debts A/c | 2,400 | ||||
Balance c/d | 27,600 | ||||
96,200 | 96,200 |
Total Sales | = | Cash Sales + Credit Sales |
Total Sales | = | 56,800 + 75,800 |
= | 1,32,600 |
Final Accounts: Meaning, Definition and Explanation
Profit and Loss Account: Meaning, Format & Examples
Balance Sheet: Meaning, Format & Examples
Advertisement-X
Thanks, Please Like and share with your friends
Comment if you have any question.
Also, Check out the solved question of previous Chapters: –
-
- Chapter No. 1 – Introduction to Accounting
- Chapter No. 2 – Basic Accounting Terms
- Chapter No. 3 – Theory Base of Accounting, Accounting Standards and International Financial Reporting Standards(IFRS)
- Chapter No. 4 – Bases of Accounting
- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 7 – Origin of Transactions – Source Documents and Preparation of Vouchers
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
- Chapter No. 10 – Special Purpose Books I – Cash Book
- Chapter No. 11 – Special Purpose Books II – Other Books
- Chapter No. 12 – Bank Reconciliation Statement
- Chapter No. 13 – Trial Balance
- Chapter No. 14 – Depreciation
- Chapter No. 15 – Provisions and Reserves
- Chapter No. 16 – Accounting for Bills of Exchange
- Chapter No. 17 – Rectification of Errors
- Chapter No. 18 – Financial Statements of Sole Proprietorship
- Chapter No. 19 – Adjustments in preparation of Financial Statements
- Chapter No. 20 – Accounts from incomplete Records – Single Entry System
- Chapter No. 21 – Computers in Accounting
- Chapter No. 22 – Accounting Software – Tally
- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
- Chapter No. 10 – Special Purpose Books I – Cash Book
Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication
1 Comment