Author: Shubham

Question No 13 Chapter No 20 13.The following balances were extracted from the books of Shri Krishan Kumar as at 31st March, 2017:   Dr.(Rs) Cr.(Rs) Capital    24,500 Drawings 2,000   General Expenses 2,500   Buildings 11,000   Machinery Read More …

Question No 12 Chapter No 20 12. Following is the Trial Balance of Mr. Gautam as at 31st March, 2017: Dr. Balances   Cr. Balances   Goodwill 30,000 Purchase Returns 2,650 Land & Buildings 60,000 Capital A/c  2,03,000 Plant & Read More …

Question No 11 Chapter No 20 11. Give Journal entries for the following adjustments in full in final account:- Salaries Rs 5,000 are outstanding Insurance amounting to Rs 2,000 is paid in advance Rs 4,000 for rent have been received Read More …

Question No 10 Chapter No 20 10.Give Journal Entries for the following adjustments in final accounts:1. Extract of Trial Balance as on 31st March, 2019 Particulars Debit Credit Sundry debtors  6,60,000   Bad debts  15,000   Provision for doubtful debts Read More …

Question No 09 B Chapter No 20 09 B. From the following particulars taken out from the books of Subhash General Store, prepare Trading and Profit & Loss Account for the year ended 31st March, 2017 and Balance Sheet as Read More …

Question No 09 A Chapter No 20 09 A. From the following balances, prepare Trading, Profit and Loss A/c and a Balance Sheet as at 31st March 2018:- Particulars   Particulars   Stock 1stApril2017 20,000 Goodwill 16,000 Purchases 2,92,000 Furniture Read More …

Question No 07 Chapter No 20 – D K Goal 07. From the following balances, prepare Final Accounts of Mr. Bal Gopal :- Particulars   Particulars   Life Insurance Premium self 500 Capital 40,000 Stock 1 −4 −2017 7,500 Plant Read More …

Question No 06 Chapter No 20 06. Prepare a Trading and Profit & Loss account for the year ending March 31, 2018, from the balances extracted of M/s Rahul Sons. Also prepare a balance sheet as at that date. Debit Read More …

Question No 05 Chapter No 20 05. From the following figures prepare the Trading and Profit and Loss Account for the year ended 31st March, 2019 and the Balance Sheet as at that date:- Particular Rs Particular Rs Stock 1stApril, Read More …

Question No 04 B Chapter No 20 04 B. the following are the balance of Messrs Gupta & Co. as at 31st March 2018:- Particular Rs Particular Rs Cash in hand 540 Patents 7,500 Cash at Bank 2,630 Salaries 25,000 Read More …