Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans 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 2.35K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans 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 2.99K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans 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: 2.81K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following balances of Anand, Prepare Trading Account, Profit & Loss Account and Balance Sheet as at 31st March, 2023: 2.36K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Following are the balances as on 31st March, 2023 extracted from the books of Dass: Sales 9,20,000 Purchases 6,83,000 2.22K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Prepare Trading and Profit & Loss Account and Balance Sheet of Jagat as at 31st March, 2023 from the following balances: 2.18K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans 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 1.38K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans 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: 2.05K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Profit & Loss Account for the year ended 31st March, 2023: Gross Profit 1,30,000 Rent 5,000 1.87K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following, prepare Profit & Loss Account of Gurman for the year ended 31st March, 2023: Salaries and Wages 30,000 2.18K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following figures, Calculate Operating Profit: Net Profit ₹ 1,00,000 Gain on Sale of Machine ₹ 15,000 1.43K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Trading Account for the year ended 31st March, 2023: Adjusted Purchases ₹ 5,50,000; Sales ₹ 6,25,000 1.43K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Following balances are in the Trial Balance of a firm as on 31st March, 2023: Raw Materials 80,000 Finished Goods 1,40,000 1.61K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Trading Account for the year ended 31st March, 2023: Adjusted purchases ₹ 6,60,000; Sales ₹ 7,44,000 2.07K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans 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 1.79K 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 2.34K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Calculate Closing Stock from the following details: Opening Stock ₹ 20,000 Cash Sales ₹ 60,000 1.66K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Prepare Trading Account from the transactions given below: Opening Stock 33,000 Purchases 29,000 1.85K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, determine Gross Profit for the year ended 31st March, 2023: Opening Stock (1st April, 2021) 2.10K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 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. 970 viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Fit India Ltd. has paid-up share capital of ₹ 1,00,00,000 (divided into 5,00,000 Equity Shares of ₹ 20 each) and 10,000, 7% Debentures of ₹ 200 each 3.91K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Dev Ltd. acquired running business of Amrit Ltd. having assets of ₹ 10,00,000 and liabilities of ₹ 2,50,000. 9% Debentures of ₹ 100 each were issued for the acquisition of business at a premium of ₹ 20 per debenture 3.53K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st April, 2018, Mathew Ltd. issued 10,000, 9% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 5% 3.08K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st June, 2020, R Energy Ltd. issued 10,000, 7% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% at the end of five years 2.90K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Garvit Ltd. invited applications for issuing 3,000, 11% Debentures of ₹ 100 each at a discount of 6%. The full amount was payable on application 2.86K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture « Previous 1 2 … 106 107 108 109 110 … 161 162 Next » Question and answer is powered by anspress.net
