Archives Answers

Solution:-   Hints: (1) Rent shown in the Trial Balance is for 3 quarters or for 9 months. As such Rent Outstanding for the remaining 3 months will be 2,700/9 x 3 = ₹ 900. (2) First, provision for Doubtful…

Solution:-

Solution:-

Solution:-

Solution:-

Solution:- Hints: (1) Depreciation on Furniture will be calculated as follows:- on ₹ 58,000 for one year, and on ₹ 5,000 for six moths. (2) GST will be calculated on Loss by Fire, goods used by Proprietor and goods distributed…

Solution:-

Solution:-

Solution:- Working Notes:-

Solution:-