Question No 33 Chapter No 19 – T.S. Grewal 11 Class

Question No 33 Chapter No 19

Question No 33 Chapter No 19

33. Calculate Total Sales from the following information:

   
Bills Receivables as on 1st April, 2017 7,800
Debtors as on 1st April, 2017 30,800
Cash received on maturity of Bills Receivable during the year 20,900
Cash received from Debtors 70,000
Bad Debts written off 4,800
Returns Inward 8,700
Bills Receivable dishonored 1,800
Bills Receivable on 31st March, 2018 6,000
Debtors as on 31st March, 2018 25,500
Cash Sales during the year 15,900

 

The solution of Question No 33 Chapter No 19:-

 

Debtors Account
Liabilities

Amount Assets Amount
Balance b/d   30,800 Cash A/c   70,000
Sales A/c   97,300 Sales Return A/c   8,700
Bill Receivable A/c   1,800 Bad-Debts A/c   4,800
      Bill Receivable A/c   20,900
      Balance c/d   25,500
    1,09,000     1,09,000

 

Total Sales = Cash Sales + Credit Sales
Total Sales = 15,900 + 97,300
  = 1,13,200



Final Accounts: 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 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

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T.S. Grewals Double Entry Book Keeping - Question No 33 Chapter No 19 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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