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Question 1 Chapter No 16 – Class 11 Unimax

Question 1 Chapter No 16 – Class 11 Unimax

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Question 1 Chapter No 16 – Class 11 Unimax

Closing stock of a business is ₹ 16,400 as on 31st March, 2020. Pass Journal entry and show how this will appear in final accounts.

The solution of Question 1 Chapter No 16 – Class 11 Unimax

Journal
DateParticulars
L.F.DebitCredit
 Closing Stock A/cDr. 16,400 
 To Trading A/c   16,400
 (Being closing stock valued at the end of the account)     

 

Trading A/c 
Particulars
AmountParticularsAmount
    By Closing stock16,400
Balance Sheet 
Liabilities AmountAssetsAmount
   By Closing stock16,400

 

End of Solution


Check Out the Solution of all questions for this chapter:

The solutions to all questions of Chapter 16 – Financial Statements (With Adjustments) Unimax – Class 11 are shown as follows, click on the image of the question to get the solution.

Question 5 Chapter No 16 – Class 11 Unimax

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Question 17 Chapter No 16 – Class 11 Unimax

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Question 30 Chapter No 16 – Class 11 Unimax 

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Question 42 Chapter No 16 – Class 11 Unimax 

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Question 54 Chapter No 16 – Class 11 Unimax

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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.

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