Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Calculate operating profit from the following: Net Profit ₹ 5,00,000 Dividend Received ₹ 6,000 3 viewsAnurag Pathak Answered question 5 minutes agoDk Goel Financial Statements 0 Votes 1 Ans Calculate the amount of gross profit, operating profit and net profit on the basis of the following balances extracted from the books of M/s Rajiv & Sons for the year ended March 31, 2023 3 viewsAnurag Pathak Answered question 16 minutes agoDk Goel Financial Statements 0 Votes 1 Ans Prepare Profit and Loss Account for the year ended 31st March, 2025 from the following particulars Advertisement ₹ 30,000 3 viewsAnurag Pathak Answered question 32 minutes agoDk Goel Financial Statements 0 Votes 1 Ans You are required to prepare Trading Account for the year ended 31st March, 2025 from the following information: Opening Stock ₹ 1,75,000 Purchases ₹ 5,10,000 3 viewsAnurag Pathak Answered question 34 minutes agoDk Goel Financial Statements 0 Votes 1 Ans Calculate Net Sales and G.P. from the following: Cost of Goods Sold – ₹ 4,50,000 G.P. – 25% on Sales 50 viewsAnurag Pathak Changed status to publish 1 day agoDk Goel Financial Statements 0 Votes 1 Ans Calculate Closing stock from the following details Opening Stock ₹ 4,80,000 Purchase ₹ 13,60,000 63 viewsAnurag Pathak Answered question 1 day agoDk Goel Financial Statements 0 Votes 1 Ans Ascertain the value of closing stock from the following: Opening Stock ₹ 1,20,000 Purchases During the year ₹ 9,30,000 60 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Calculate the gross profit and cost of goods sold from the following information: Net Sales – ₹ 9,00,000 57 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Calculate gross profit and cost of goods sold from the following information: Net Sales – ₹ 12,00,000 53 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Calculate gross profit and cost of goods sold from the following information Net Sales – ₹ 8,00,000 Gross Profit is 40% on Sales 52 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Calculate Closing Stock from the following: Opening Stock ₹ 38,000 Purchases ₹ 3,40,000 Return Outwards ₹ 4,000 60 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Calculate Closing Stock and Cost of Goods Sold Opening Stock ₹ 5,000; Sales ₹ 16,000; Carriage Inwards ₹ 1,000 59 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Calculate Gross Profit on the basis of the following information Purchases ₹ 10,20,000 ₹ Return Outwards ₹ 45,000 56 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Ascertain Cost of Goods Sold and Gross Profit from the following Opening Stock ₹ 48,000 Purchases ₹ 4,20,000 65 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Calculate Cost of goods sold from the following Opening Stock ₹ 40,000 Net Purchases ₹ 50,000 58 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans alculate Gross Profit from the following information: Closing Stock ₹ 70,000 Wages ₹ 40,000 55 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans From the following information, prepare the Trading Account for the year ended 31st March, 2025: Adjusted Purchases ₹ 22,00,000; Sales ₹ 35,00,000 67 viewsAnurag Pathak Changed status to publish 2 days agoDk Goel Financial Statements 0 Votes 1 Ans Prepare a Trading Account from the following particulars for the year ended 31st March, 2025 Opening Stock ₹ 3,75,000 Purchases ₹ 8,72,000 55 viewsAnurag Pathak Answered question 2 days agoDk Goel Financial Statements 0 Votes 1 Ans The following balances appear in the books of M/s Amrit: On 1st April, 2022, they decided to dispose off a machinery for ₹ 8,400, which was purchased on 1st April, 2018 for ₹ 16,000 88 viewsAnurag Pathak Changed status to publish 4 days agoDK Goel Depreciation 0 Votes 1 Ans On 1st Jan. 2017, Panjim Dryfruits Ltd. bought a plant for ₹ 15,00,000. The company writes off depreciation @ 20% p.a. on Written Down Value Method and Closes its books on 31st March every year 93 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans On 1st June, 2017, Kedarnath Ltd. purchased a machinery for ₹ 27,00,000. Depreciation is provided @ 10% p.a. on diminishing balance method and the books are closed on 31st March each year 94 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans On 1st September 2021, Gopal Ltd. purchased a plant for ₹ 10,20,000. On 1st July 2022 another plant was purchased for ₹ 6,00,000 97 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans On 1st July, 2017, X Ltd. purchased a machinery for ₹ 15,00,00. Depreciation is provided @ 20% p.a. on the original cost of the machinery and books are closed on 31st March each year 92 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans Books of Mumbai Chemicals Ltd. showed the following balances on 1st April, 2019: Machinery A/c ₹ 10,00,000 ₹ Provision for Depreciation A/c ₹ 4,05,000 92 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans The following balances appear in the books of Y Ltd.: Machinery A/c as on 1-4-2022 ₹ 8,00,000 Provision for Depreciation A/c as on 1-4-2022 ₹ 3,10,000 101 viewsAnurag Pathak Answered question 5 days agoDK Goel Depreciation 1 2 … 177 178 Question and answer is powered by anspress.net
