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Category Financial Statement (With Adjustment)

Financial Statement (With Adjustment) 72 Questions

0 Votes 1 Ans

From the following Trial Balance as at 31st March, 2025, show the relevant extract from the Profit & Loss Account and the Balance Sheet:

654 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment)

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Following is the extract of Trial Balance as at 31st March, 2025: Commission rs 40,000

535 viewsAnurag Pathak Changed status to publish November 28, 2025Financial Statement (With Adjustment)

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Manish has paid salaries of ₹ 1,50,000 for the year ended 31st March, 2025. Salaries include ₹ 20,000 paid in advance for the year ending 31st March, 2026

498 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment)

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On 1st July, 2024, fire insurance premium of ₹ 72,000 was paid on a policy which will expire on 30th June, 2025. Accounts are closed on 31st March

564 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment)

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Ravi’s Trial Balance as on 31st March, 2025 has the following information: Loan (Taken on 1st October, 2024, interest @ 10% p.a.) ₹ 1,00,000

509 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment)

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Rahul’s Trial Balance as on 31st March, 2025 has following information: Salaries and Wages ₹ 3,30,000

547 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment)

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Following is the extract of Trial Balance as at 31st March, 2025: Wages ₹ 55,000 Additional Information: Wages Outstanding for 1 month.

567 viewsAnurag Pathak Changed status to publish November 28, 2025Financial Statement (With Adjustment)

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Closing Stock as at 31st March, 2025, of ₹ 50,000 appears outside the Trial Balance. Accounts are closed on 31st March

596 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment)

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Trial Balance of Manohar as at 31st March, 2023 is given below:

4.89K viewsAnurag Pathak Changed status to publish March 18, 2024Financial Statement (With Adjustment)

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Following Trial Balance has been extracted from the books of Santosh on 31st March, 2023:

5.22K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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Following is the Trial Balance of Indramani as on 31st March, 2023: Building 27,000 Machinery 16,500 Furniture 6,300

7.00K viewsAnurag Pathak Changed status to publish March 17, 2024Financial Statement (With Adjustment)

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Following Trial Balance has been extracted from the books of Prasad as on 31st March, 2023: Machinery 2,40,000 Cash at Bank 1,00,000

6.39K viewsAnurag Pathak Posted new comment March 17, 2024Financial Statement (With Adjustment)

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Following is the Trial Balance of Paras on 31st March, 2023:

4.03K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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From the following Trial Balance of Gaurav and additional information given, prepare Trading and Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date:

4.50K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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The Trial Balance of Tej as on 31st March, 2023 was as follows:

5.32K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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Prepare Trading and Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date from the following Trial Balance:

4.19K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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Following is the Trial Balance of Balance of Bansi as on 31st March, 2023. You are required to prepare Final Accounts:

4.19K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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On 31st March, 2023 the following Trial Balance was extracted from the books of Shyam

5.32K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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From the following Trial Balance of Pawan, prepare Trading, Profit & Loss Account for the year ending 31st March, 2023 and a Balance Sheet as on that date:

5.42K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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Following is the Trial Balance of Karman on 31st March, 2023:

5.55K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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The Trial Balance of Shyam for the year ended 31st March, 2023 is given below:

5.58K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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The following balances have been extracted from the books of Kanwar as on 31st March, 2023:

4.90K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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From the following Trial Balance of Shubham, prepare final accounts for the year ended 31st March, 2023 and Balance Sheet as at that date:

4.81K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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Following is the Trial Balance of Bharat on 31st March, 2023 Capital 40,000 Plant and Machinery 50,000

5.59K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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Following Trial Balance has been extracted from the books of Sundar on 31st March, 2023:

5.15K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

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