Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Mr. White does not keep his books properly. Following information is available from his books: 3 viewsAnurag Pathak Answered question 6 minutes agoDK Goel Incomplete Records 0 Votes 1 Ans Mr. A does not keep proper records of his business. Following information is available from records kept by him: 3 viewsAnurag Pathak Answered question 34 minutes agoDK Goel Incomplete Records 0 Votes 1 Ans From the following information relating to the business of Mr. X who keeps books by Single entry ascertain the profits or loss for the year ended 31st March, 2023: 8 viewsAnurag Pathak Answered question 1 hour agoDK Goel Incomplete Records 0 Votes 1 Ans On April 1st, 2022, X started a business with ₹ 40,000 as his capital. On March 31st, 2023, his position was as follows: 3 viewsAnurag Pathak Answered question 1 hour agoDK Goel Incomplete Records 0 Votes 1 Ans Mohan commenced business on 1st April, 2019 with a capital of ₹ 50,000. On 1st January, 2020, he introduced ₹ 25,000 into business of which ₹ 10,000 was borrowed from Ram 10 viewsAnurag Pathak Answered question 2 hours agoDK Goel Incomplete Records 0 Votes 1 Ans Ravi, who keeps his books on Single Entry System, had his capital on 31st March, 2016 ₹ 20,000 and on 1st April, 2015 was ₹ 16,700 16 viewsAnurag Pathak Answered question 2 hours agoDK Goel Incomplete Records 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 47 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: 38 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 48 viewsAnurag Pathak Answered question 1 day agoDK Goel Incomplete Records 0 Votes 1 Ans Raghuveer keeps incomplete records. His position was as follows: 37 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: 44 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 49 viewsAnurag Pathak Answered question 2 days agoDK Goel Incomplete Records 0 Votes 1 Ans Calculate Closing Capital: Opening Capital ₹ 90,000; Profit for the year ₹ 25,000; Drawings ₹ 17,000 49 viewsAnurag Pathak Answered question 2 days 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 38 viewsAnurag Pathak Answered question 2 days 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: 54 viewsAnurag Pathak Answered question 2 days 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 47 viewsAnurag Pathak Changed status to publish 2 days 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 37 viewsAnurag Pathak Answered question 2 days 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 39 viewsAnurag Pathak Answered question 2 days 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 78 viewsAnurag Pathak Changed status to publish 3 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: 70 viewsAnurag Pathak Answered question 3 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 80 viewsAnurag Pathak Answered question 3 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: 67 viewsAnurag Pathak Answered question 3 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 75 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 88 viewsAnurag Pathak Answered question 3 days agoDk Goel with Ajustment 1 2 … 180 181 Question and answer is powered by anspress.net
