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From the following information, prepare ...

From the following information, prepare Trading Account for the year ended 31st March, 2019: Adjusted Purchases Rs 5,50,000, Sales Rs 6,25,000, Freight and Carraige Inwards Rs 3,000, Wages Rs 7,000, Freight and Cartage Outwards Rs 2,500, Closing Stock Rs 50,000

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The correct Answer is:
Gross Profit - Rs 65,000
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From the following information, prepare Trading Account for the year ended 31st March, 2019: Adjusted Purchases Rs 11,00,000, Sales Rs 12,50,000 Freight and Carriage Inwards Rs 6,000, Wages Rs 14,000, Freight and Cartage Outwards Rs 5,000, Closing Stock Rs 1,00,000

From the following information, prepare Trading Account for the year ended 31st March, 2019: Adjusted Purchases Rs 6,60,000, Sales Rs 7,44,000: Closing Stock Rs 50,400, Freight and Carriage Inwards Rs 3,600, Wages Rs 6,000, Freight and Cartage Outwards Rs 2,000

From the following information, prepare Trading Account for the year ended 31st March, 2019: Cash Purchases Rs 1,50,000, Credit Purchases Rs 9,00,000, Returns Inward Rs 20,000, Cash Sales Rs 1,60,000, Credit Sales Rs 11,00,000, Reutrns Outward Rs 10,000, Freight Inwards Rs 3,000, Carriage Inwards Rs 3,000, Wages and Salaries Rs 4,000, Opening Stock Rs 1,50,000, Closing Stock Rs 88,000 but its net realisable value (market value) is Rs 84,000

From the following information, prepare Trading Account for the year ended 31st March, 2019: Net Realisable Value (Market Value) of stock as on 31st March, 2019 was Rs 1,20,000

TS GREWAL-FINANCIAL STATEMENTS OF SOLE PROPRIETORSHIP-Practical Problems
  1. From the following information, prepare Trading Account for the year e...

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  2. Following balances appear in the Trial Balance of a firm as on 31st Ma...

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  3. From the following information, prepare Trading Account for the year e...

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  4. From the following figures, calculate Operating Profit

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  5. From the following, prepare Profit and Loss Account of Sohan Lal as it...

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  6. From the following information, prepare Profit and Loss Account for th...

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  7. From the following particulars, prepare Balance Sheet as at 31st March...

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  8. From the following information, prepare Balance Sheet of a trader as a...

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  9. From the Balance Sheet given below, calculate: (i) Fixed Assets (ii)...

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  10. Prepare Trading and Profit and Loss Account and Balance Sheet of Jagat...

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  11. From the following balances, prepare Trading and Profit and Loss Accou...

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  12. The following are the balances as on 31st March, 2019 extracted from t...

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  13. From the following balances of Anand, prepare Trading Account, Profit ...

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  14. From the following balances, prepare Final Accounts of M/s Raja & Sons...

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  15. From the following balances, prepare Final Accounts of M/s Mangal & So...

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  16. From the following balances prepare Trading and Profit and Loss Accoun...

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  17. From the following balances taken from the books of Hari & Co., prepar...

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  18. From the following balances, as on 31st March, 2019, prepare Trading a...

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  19. Trial Balance of Chatter Sen on 31st March, 2019 revealed the followin...

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  20. Following Trial Balance is extracted from the books of a merchant on 3...

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