Question No 02 Chapter No 19
02. From the following information, prepare the Trading Account for the year ended 31st March, 2017: Adjusted Purchases 15,00,000; Sales 21,40,000; Returns Inwards 40,000; Freight and Packing 15,000; Packing Expenses on Sales 20,000; Depreciation 36,000; Factory Expenses 60,000; Closing Stock 1,20,000.
The solution of Question No 02 Chapter No 19: –
| Trading Account |
|||||
| Particular |
Amount | Particular |
Amount | ||
| To Adjusted Purchases | 15,00,000 | By Sales | 21,40,000 | ||
| To Freight & Packing | 15,000 | Less: Return | 40,000 | 21,00,000 | |
| To Factory Expenses | 60,000 | ||||
| To Gross Profit | 5,25,000 | ||||
| 21,00,000 | 21,00,000 | ||||
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Also, Check out the solved question of all Chapters: –
D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution
- Chapter 1 Evolution of Accounting & Basic Accounting Terms
- Chapter 2 Accounting Equations
- Chapter 3 Meaning and Objectives of Accounting
- Chapter 4 Double Entry System
- Chapter 5 Books of Original Entry – Journal
- Chapter 6 Accounting for Goods and Service Tax (GST) (Coming soon)
- Chapter 7 Books of Original Entry – Cash Book (Coming soon)
- Chapter 8 Books of Original Entry – Special Purpose Subsidiary Books (Coming soon)
- Chapter 9 Ledger (Coming soon)
- Chapter 10 Trial Balance and Errors (Coming soon)
- Chapter 11 Bank Reconciliation Statement (Coming soon)
- Chapter 12 Depreciation (Coming soon)
- Chapter 13 Bills of Exchange (Coming soon)
- Chapter 14 Generally Accepted Accounting Principles(GAAP)
- Chapter 15 Bases of Accounting
- Chapter 16 Accounting Standards and International Financial Reporting Standard(IFRS) (Coming soon)
- Chapter 17 Capital and Revenue
- Chapter 18 Provisions and Reserves
- Chapter 19 Final Accounts (Coming soon)
- Chapter 20 Final Accounts – With Adjustments (Coming soon)
- Chapter 21 Errors and their Rectification (Coming soon)
- Chapter 22 Accounts from Incomplete Records – Single Entry System (Coming soon)
- Chapter 23 Accounts of Not-for-Profit Organisations (Coming soon)
- Chapter 24 Computerised Accounting System (Coming soon)
- Chapter 25 Introduction to Accounting Information System (Coming soon)
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