Advertisement

Question 9 Chapter 15 – Class 11 Unimax

Question 9 Chapter 15 – Class 11 Unimax

Advertisement

Question 9 Chapter 15 – Class 11 Unimax

From the incomplete Trial balance of Mr. X, you are required to prepare a Trading Account for the year ended 31-3-2020.

Debit balanceCredit balance
Purchases (adjusted)25,000Outstanding wages5,000
Wages15,000Discount received1,250
Carriage inwards2,500Sales less returns1,00,000
Discount allowed2,500  
Freight10,000  
Prepaid freight2,500  
Closing stock (adjusted with purchases)12,500  
 70,000 1,06,250

The solution of Question 9 Chapter 15 – Class 11 Unimax

Trading A/c of MR.X for the year ended 31st March, 2020
Particular
AmountParticular
Amount
To Purchases 25,000By Sales less returns 1,00,000
To wages 15,000   
To Carriage 2,500  
To Freight10,000  
To Gross Profit c/d 47,500   
  1,00,000  1,00,000
   By Gross profit b/d 47,500

 

End of Solution


Check Out the Solution of all questions for this chapter:

The solutions to all questions of Chapter 15 – Financial Statements (Without Adjustments) Unimax – Class 11 are shown as follows, click on the image of the question to get the solution.

Question 6 Chapter 15 – Class 11 Unimax

Advertisement

Question 18 Chapter 15 – Class 11 Unimax

Advertisement

Question 30 Chapter 15 – Class 11 Unimax

Advertisement

1. Comprehensive Solutions for All Chapters of Advanced Accountancy I Class 11 by Unimax

UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy I Part 1 in Class 11. With their meticulously curated study material, students can access comprehensive solutions to all the questions included within each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 11 examinations.

2. Punjab School Education Board (PSEB) Solutions of Usha Publication.

If you’re a student enrolled in the Punjab School Education Board Class 11, it’s essential to explore a wide range of books to cover the syllabus thoroughly. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to a variety of writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *