Author: Shubham

Question No 10 Chapter No 10 10. You Have been Supplied the following figure:   Amount Capital 3,00,000 Drawings 36,000 Wages 32,000 Expenses 15,000 Repairs 8,000 Return outwards 6,500 Purchases 6,20,000 Sales 7,50,000 Opening stock 1,50,000 Carriage Inwards 4,500 Carriage Read More …

Question No 09 Chapter No 10 09.A book-keeper extracted the following Trial Balance as of 31st March 2018 :   Dr. Cr. Stock on 1.4.2016 2,50,000   Purchases 6,50,000   Sales   10,00,000 Motor Vans 3,80,000   Debtors and Creditors Read More …

Question No 08 Chapter No 10 08. The following is the Trial Balance prepared by an inexperienced accountant. Redraft it in the correct form and give the necessary notes: − Particular Amount Particular Amount. Cash in Hand 5,200 Bank Overdraft Read More …

Question No 07 Chapter No 10 07. Following is the Trial Balance as at 31st March, 2015 : Name of Accounts Dr. Cr. Capita   3,20,000 Fixed Assets 1,80,000   Drawings 60,000   Debtors 2,40,000   Creditors   1,80,000 Purchases Read More …

Question No 06 Chapter No 10 06.The following trial balance has been prepared by an inexperienced accountant. Redraft it in a correct form :− Name of Accounts Dr. Cr. Land and Building 1,20,000   Plant and Machinery 92,000   Wages Read More …

Question No 05 Chapter No 10 05.From the following Trial Balance containing certain errors, drew up a correct Trial Balance Name of Accounts Dr. Cr. Cost of Goods Sold 33,60,000   Sales   40,00,000 Premises 7,00,000   Fixtures   1,30,000 Read More …

Question No 04 Chapter No 10 04.Following balances were extracted from the books of Ravinder Associates as of 31st March 2017 : Name of Accounts Rs Name of Accounts Rs Sundry Debtors 4,10,000 Stock (April 1, 2016) 2,30,0000 Sundry Creditors Read More …