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Question 8 Chapter 15 – Class 11 Unimax

Question 8 Chapter 15 – Class 11 Unimax

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Question 8 Chapter 15 – Class 11 Unimax

From the following Particulars, prepare a Trading Account for the year ended on 31 March, 2020.

Stock at the beginning )11,080
Credit purchases60,780
Purchases return1,720
Railway freight1,800
Cash purchases9,000
Carriage on purchases520
Credit sales1,46,940
Sales return5,040
Packing charges for goods sold700
Cash sales18,440
Carriage on sales2,400
Wages15,800
Salaries21,900
Discount on purchases380
Cash in hand1,700
Capital10,000
Closing stock12,800

The solution of Question 8 Chapter 15 – Class 11 Unimax

Trading A/c,  for the year ended 31st March, 2020
Particular
AmountParticular
Amount
To Opening stock 11,080By Sales (Credit)1,46,940 
To Purchases (Cash)9,000 Add Sales (Cash)18,440 
    1,65,380 
Add (Credit)60,780 Less returns5,0401,60,340
Less returns1,72068,060 By Closing stock 12,800
To Carriage on purchases520  
To wages 15,800   
To Railway freight 1,800   
To Gross Profit c/d 75,880    
  1,73,140  1,73,140
   By Gross Profit b/d 75,880

 

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

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Question 18 Chapter 15 – Class 11 Unimax

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Question 30 Chapter 15 – Class 11 Unimax

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

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