Prepare Trading Account from the transactions given below: Opening Stock 33,000 Purchases 29,000

Anurag Pathak
October 12, 2023
Financial Statements (Without Adjustment)

3.29K viewsOctober 12, 2023Financial Statements (Without Adjustment)

Anurag Pathak30.42K October 12, 2023 0 Comments

Prepare Trading Account from the transactions given below:

Opening Stock Purchases Sales Return Sales

33,000 29,000 500 25,400

Purchases Return Closing Stock Carriage Inwards Depreciation

2,400 57,700 100 2,000

Also pass the Journal entries [Gross Profit – ₹ 22,900.] [Hint: Depreciation is not accounted in the Trading Account.]

Anurag Pathak Changed status to publish October 12, 2023

Add a Comment

1 Answer

Anurag Pathak30.42K Posted October 12, 2023 0 Comments

Solution:-

Anurag Pathak Changed status to publish October 12, 2023

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8641

Telegram Channel

Telegram Channel

Prepare Trading Account from the transactions given below: Opening Stock 33,000 Purchases 29,000

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions