Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Ashok keeps incomplete records. The position of his business on 1st April, 2022 was as follows: Cash in Hand ₹ 2,200; Cash at Bank ₹ 5,400; Stock ₹ 25,100 45 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Charu do not keep proper books of accounts. Prepare the statement of profit or loss for the year ending 31-3-2023 from the following information: 34 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans On 1st April 2019, Mr. Ghosh started business with a capital of ₹ 5,00,000. He kept his books on single entry basis. Soon after he purchased furniture for ₹ 40,000 and purchased goods for ₹ 3,00,000 45 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Raghuveer keeps incomplete records. His position was as follows: 35 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Following incomplete information is available from records maintained by Mr. X: 39 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Suchitra started a business on 1st April, 2024 with a Capital of ₹ 50,00,000. On 31st March, 2025 her total Assets were ₹ 60,00,000 and Creditors were 3,00,000 46 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Calculate Closing Capital: Opening Capital ₹ 90,000; Profit for the year ₹ 25,000; Drawings ₹ 17,000 43 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans From the following information, calculate capital at the beginning Capital at the end of the year ₹ 24,00,000 35 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Tulsi started business on 1st April, 2024 with a capital of ₹ 4,50,000. On 31st March, 2025 her position was as under: 46 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Mr. Vasudev does not keep proper records of his business. He provided following information. You are required to prepare a statement showing the profit or loss for the year 40 viewsAnurag Pathak Changed status to publish 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Mr. Samrat does not keep proper books of accounts. He gives you the following information: Opening Capital ₹ 7,00,000 34 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Atul does not keep proper records of his business. He gives you the following information: Opening Capital ₹ 2,00,000 36 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete RecordsTS Grewal Class 11 0 Votes 1 Ans The following balances were extracted from the books of Mr. Din Dayal as at 31st March, 2023 Stock at the beginning ₹ 41,000 Rent ₹ 9,600 69 viewsAnurag Pathak Changed status to publish 2 days agoDk Goel with Ajustment 0 Votes 1 Ans From the following Trial Balance of Mr. Tarun Ghosh, prepare Trading and Profit and Loss A/c for the year ending 31st March, 2020 and a Balance Sheet as at that date: 65 viewsAnurag Pathak Answered question 2 days agoDk Goel with Ajustment 0 Votes 1 Ans The following Trial Balance was extracted from the books of Mr. Gupta as at 31st March, 2023: Stock on 1-4-2022 ₹ 65,000 Purchases ₹ 7,10,000 77 viewsAnurag Pathak Answered question 2 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans From the following Trial Balance of Sh. Parveen Kumar, prepare Trading and Profit & Loss Account for the year ending 31st March, 2023 and a Balance sheet as at that date: 63 viewsAnurag Pathak Answered question 2 days agoDk Goel with Ajustment 0 Votes 1 Ans From the following information prepare financial Statements of M/s Raj & Bros for the year ending March 31, 2020 72 viewsAnurag Pathak Changed status to publish 3 days agoDk Goel with Ajustment 0 Votes 1 Ans From the following Trial Balance extracted from the books of Mr. Karuna Sagar, prepare a Trading and Profit & Loss A/c For for the year ended 31st March, 2023 and a Balance Sheet as at that date: 81 viewsAnurag Pathak Changed status to publish 3 days agoDk Goel with Ajustment 0 Votes 1 Ans Prepare Trading and Profit & Loss Account and Balance Sheet as at 31st March, 2023, from the following balances: Capital A/c ₹ 5,00,000 ₹ Drawings A/c ₹ 36,000 81 viewsAnurag Pathak Answered question 3 days agoDk Goel with Ajustment 0 Votes 1 Ans On 31st March, 2023 the following Trial Balance of Sh. Ajay Oswal was taken out. Prepare Trading and Profit & Loss Account for the year and Balance Sheet at that date after making the following adjustments:- 78 viewsAnurag Pathak Changed status to publish 3 days agoDk Goel with Ajustment 0 Votes 1 Ans Below is given the Trial Balance of Mr. Ram as at 31st December, 2022. You are required to prepare Trading and Profit & Loss Account and Balance Sheet as at that date. 69 viewsAnurag Pathak Answered question 3 days agoDk Goel with Ajustment 0 Votes 1 Ans Below is given the Trial Balance of Mr. Ram as at 31st December, 2022. You are required to prepare Trading and Profit & Loss Account and Balance Sheet as at that date. 75 viewsAnurag Pathak Answered question 3 days agoDk Goel with Ajustment 0 Votes 1 Ans Prepare a trading and profit & loss account of M/s Green Club Ltd. for the year and a Balance Sheet as at that date from the following figures taken from their trial balance: 96 viewsAnurag Pathak Changed status to publish 4 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans From the following balances extracted from the books of Sharma, prepare the Trading and Profit & Loss Account for the year ended 31st March 2023 and Balance Sheet as at that date after taking into consideration the adjustments given below: 82 viewsAnurag Pathak Answered question 4 days agoDk Goel with Ajustment 0 Votes 1 Ans The following is the trial balance of Mr. Amar Chand as at 31st March, 2023: Stock on 1st April, 2022 ₹ 62,000 Purchases and Sales ₹ 3,15,000 ₹ 4,48,000 74 viewsAnurag Pathak Answered question 4 days agoDk Goel with Ajustment 1 2 … 179 180 Question and answer is powered by anspress.net