Commerce School

Student Community

YOUTUBE CHANNELSubscribe

Telegram Channel

Commerce School

Student Community

Telegram Channel

YOUTUBE CHANNELSubscribe

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:

1.14K viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment)

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

5.27K viewsAnurag Pathak Changed status to publish March 18, 2024Financial Statement (With Adjustment)

0 Votes 1 Ans

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

5.65K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

7.66K viewsAnurag Pathak Changed status to publish March 17, 2024Financial Statement (With Adjustment)

0 Votes 1 Ans

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

6.98K viewsAnurag Pathak Posted new comment March 17, 2024Financial Statement (With Adjustment)

0 Votes 1 Ans

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

4.44K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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:

4.93K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

5.69K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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:

4.59K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

4.60K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

5.73K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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:

5.97K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

6.14K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

6.00K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

5.31K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

5.98K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

0 Votes 1 Ans

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

5.62K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment)

« Previous 1 2 3 Next »

Question and answer is powered by anspress.net