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Category Financial Statements (Without Adjustment)

Financial Statements (Without Adjustment) 46 Questions

0 Votes 1 Ans

Trial Balance of Chatter Sen on 31st March, 2023 revealed the following balances: Machinery 10,00,000 Purchases 5,80,000

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From the following balances as on 31st March, 2023, prepare Trading and Profit & Loss Account and Balance Sheet: Capital Account 1,00,000 Plant and Machinery 40,000

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The following is the Trial Balance of Atul as at 31st March, 2023: Capital 50,000 Drawings 10,000 Debtors 34,000 Creditors 24,000

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

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From the following balances of Anand, Prepare Trading Account, Profit & Loss Account and Balance Sheet as at 31st March, 2023:

2.66K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment)

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Following are the balances as on 31st March, 2023 extracted from the books of Dass: Sales 9,20,000 Purchases 6,83,000

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Prepare Trading and Profit & Loss Account and Balance Sheet of Jagat as at 31st March, 2023 from the following balances:

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From the Balance Sheet given below, calculate: (i) Fixed Assets (ii) Current Assets (iii) Current Liabilities (iv) Working Capital Balance Sheet as at 31st March, 2023

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From the following information, prepare Balance Sheet as at 31st March, 2023 arranging the assets and liabilities – (i) in order of permanence and (ii) in order of liquidity:

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From the following information, prepare Profit & Loss Account for the year ended 31st March, 2023: Gross Profit 1,30,000 Rent 5,000

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From the following, prepare Profit & Loss Account of Gurman for the year ended 31st March, 2023: Salaries and Wages 30,000

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From the following figures, Calculate Operating Profit: Net Profit ₹ 1,00,000 Gain on Sale of Machine ₹ 15,000

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From the following information, prepare Trading Account for the year ended 31st March, 2023: Adjusted Purchases ₹ 5,50,000; Sales ₹ 6,25,000

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Following balances are in the Trial Balance of a firm as on 31st March, 2023: Raw Materials 80,000 Finished Goods 1,40,000

1.74K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment)

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From the following information, prepare Trading Account for the year ended 31st March, 2023: Adjusted purchases ₹ 6,60,000; Sales ₹ 7,44,000

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From the following information, prepare Trading Account for the year ended 31st March, 2023: Stock on 1st April, 2022 40,000 Purchases 4,00,000

1.96K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment)

0 Votes 1 Ans

Ascertain Gross Profit from the following information: Opening Stock 3,00,000 Closing Stock 2,80,000

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Calculate Closing Stock from the following details: Opening Stock ₹ 20,000 Cash Sales ₹ 60,000

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Prepare Trading Account from the transactions given below: Opening Stock 33,000 Purchases 29,000

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From the following information, determine Gross Profit for the year ended 31st March, 2023: Opening Stock (1st April, 2021)

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0 Votes 1 Ans

State whether the following expenses are capital or revenue in nature: Expenses on whitewhashing and painting of a building purchased to make it ready for use.

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