Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Calculate Closing stock from the following details Opening Stock ₹ 4,80,000 Purchase ₹ 13,60,000 380 viewsAnurag Pathak Answered question December 24, 2025Dk 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 ₹ 9,30,000 360 viewsAnurag Pathak Answered question December 23, 2025Dk Goel Financial Statements 0 Votes 1 Ans Calculate the gross profit and cost of goods sold from the following information: Net Sales – ₹ 9,00,000 287 viewsAnurag Pathak Answered question December 23, 2025Dk Goel Financial Statements 0 Votes 1 Ans Calculate gross profit and cost of goods sold from the following information: Net Sales – ₹ 12,00,000 272 viewsAnurag Pathak Answered question December 23, 2025Dk 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 268 viewsAnurag Pathak Answered question December 23, 2025Dk Goel Financial Statements 0 Votes 1 Ans Calculate Closing Stock from the following: Opening Stock ₹ 38,000 Purchases ₹ 3,40,000 Return Outwards ₹ 4,000 352 viewsAnurag Pathak Answered question December 23, 2025Dk Goel Financial Statements 0 Votes 1 Ans Calculate Closing Stock and Cost of Goods Sold Opening Stock ₹ 5,000; Sales ₹ 16,000; Carriage Inwards ₹ 1,000 283 viewsAnurag Pathak Answered question December 23, 2025Dk Goel Financial Statements 0 Votes 1 Ans Calculate Gross Profit on the basis of the following information Purchases ₹ 10,20,000 ₹ Return Outwards ₹ 45,000 348 viewsAnurag Pathak Answered question December 23, 2025Dk Goel Financial Statements 0 Votes 1 Ans Ascertain Cost of Goods Sold and Gross Profit from the following Opening Stock ₹ 48,000 Purchases ₹ 4,20,000 337 viewsAnurag Pathak Answered question December 23, 2025Dk Goel Financial Statements 0 Votes 1 Ans Calculate Cost of goods sold from the following Opening Stock ₹ 40,000 Net Purchases ₹ 50,000 327 viewsAnurag Pathak Answered question December 23, 2025Dk Goel Financial Statements 0 Votes 1 Ans alculate Gross Profit from the following information: Closing Stock ₹ 70,000 Wages ₹ 40,000 273 viewsAnurag Pathak Answered question December 23, 2025Dk 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 ₹ 35,00,000 392 viewsAnurag Pathak Changed status to publish December 23, 2025Dk 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 ₹ 8,72,000 265 viewsAnurag Pathak Answered question December 23, 2025Dk 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 ₹ 16,000 281 viewsAnurag Pathak Changed status to publish December 21, 2025DK 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 328 viewsAnurag Pathak Answered question December 21, 2025DK 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 304 viewsAnurag Pathak Answered question December 21, 2025DK 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 ₹ 6,00,000 316 viewsAnurag Pathak Answered question December 21, 2025DK 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 310 viewsAnurag Pathak Answered question December 21, 2025DK 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 ₹ 4,05,000 316 viewsAnurag Pathak Answered question December 21, 2025DK 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 ₹ 3,10,000 300 viewsAnurag Pathak Answered question December 20, 2025DK Goel Depreciation 0 Votes 1 Ans Following balances appeared in the books of Saurabh on 1st April, 2017: Plant and Machinery ₹ 10,00,000 Provision for Depreciation ₹ 3,50,000 324 viewsAnurag Pathak Answered question December 20, 2025DK Goel Depreciation 0 Votes 1 Ans The following balances appear in the books of Crystal Ltd. on Jan. 1, 2023: Machinery Account 15,00,000, Provision for depreciation account 5,00,000 317 viewsAnurag Pathak Answered question December 20, 2025DK Goel Depreciation 0 Votes 1 Ans Binny Textiles Ltd. which depreciates its machinery at 20% p.a. on diminishing balance method, purchased a machine for ₹ 6,00,000 on 1st October, 2020 320 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st April 2020, Banglore Silk Ltd. purchased a machinery for ₹ 20,00,000. It provides depreciation at 10% p.a. on the Written Down Value Method and closes its books on 31st March ever year 351 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st August, 2020, Hindustan Toys Ltd. purchased a plant for ₹ 12,00,000. The firm writes off depreciation at 10% p.a. on the diminishing balance and the books are closed on 31st March each year 346 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation « Previous 1 2 … 6 7 8 9 10 … 184 185 Next » Question and answer is powered by anspress.net
