Questions Ask question Search Order By: ActiveCategoryClear Filter 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 18 viewsAnurag Pathak Changed status to publish 6 hours agoDk Goel Financial Statements 0 Votes 1 Ans Calculate Closing stock from the following details Opening Stock ₹ 4,80,000 Purchase ₹ 13,60,000 24 viewsAnurag Pathak Answered question 6 hours 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 43 viewsAnurag Pathak Answered question 15 hours 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 35 viewsAnurag Pathak Answered question 15 hours 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 34 viewsAnurag Pathak Answered question 16 hours 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 34 viewsAnurag Pathak Answered question 16 hours 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 44 viewsAnurag Pathak Answered question 23 hours 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 40 viewsAnurag Pathak Answered question 23 hours 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 44 viewsAnurag Pathak Answered question 23 hours 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 46 viewsAnurag Pathak Answered question 24 hours agoDk Goel Financial Statements 0 Votes 1 Ans Calculate Cost of goods sold from the following Opening Stock ₹ 40,000 Net Purchases ₹ 50,000 48 viewsAnurag Pathak Answered question 24 hours agoDk Goel Financial Statements 0 Votes 1 Ans alculate Gross Profit from the following information: Closing Stock ₹ 70,000 Wages ₹ 40,000 41 viewsAnurag Pathak Answered question 1 day 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 48 viewsAnurag Pathak Changed status to publish 1 day 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 46 viewsAnurag Pathak Answered question 1 day 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 76 viewsAnurag Pathak Changed status to publish 3 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 77 viewsAnurag Pathak Answered question 3 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 78 viewsAnurag Pathak Answered question 3 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 74 viewsAnurag Pathak Answered question 3 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 72 viewsAnurag Pathak Answered question 3 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 73 viewsAnurag Pathak Answered question 3 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 87 viewsAnurag Pathak Answered question 4 days agoDK 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 89 viewsAnurag Pathak Answered question 4 days agoDK 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 91 viewsAnurag Pathak Answered question 4 days agoDK 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 115 viewsAnurag Pathak Answered question 6 days agoDK 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 139 viewsAnurag Pathak Answered question 6 days agoDK Goel Depreciation 1 2 3 … 177 178 Next » Question and answer is powered by anspress.net
