Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Ravi, who keeps his books on Single Entry System, had his capital on 31st March, 2016 ₹ 20,000 and on 1st April, 2015 was ₹ 16,700 986 viewsAnurag Pathak Answered question January 6, 2026DK Goel Incomplete Records 0 Votes 1 Ans Ashok keeps incomplete records. The position of his business on 1st April, 2022 was as follows: Cash in Hand ₹ 2,200; Cash at Bank ₹ 5,400; Stock ₹ 25,100 1.17K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Charu do not keep proper books of accounts. Prepare the statement of profit or loss for the year ending 31-3-2023 from the following information: 1.22K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans On 1st April 2019, Mr. Ghosh started business with a capital of ₹ 5,00,000. He kept his books on single entry basis. Soon after he purchased furniture for ₹ 40,000 and purchased goods for ₹ 3,00,000 1.21K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Raghuveer keeps incomplete records. His position was as follows: 1.04K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Following incomplete information is available from records maintained by Mr. X: 1.14K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Suchitra started a business on 1st April, 2024 with a Capital of ₹ 50,00,000. On 31st March, 2025 her total Assets were ₹ 60,00,000 and Creditors were 3,00,000 1.13K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Calculate Closing Capital: Opening Capital ₹ 90,000; Profit for the year ₹ 25,000; Drawings ₹ 17,000 1.06K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans From the following information, calculate capital at the beginning Capital at the end of the year ₹ 24,00,000 1.00K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Tulsi started business on 1st April, 2024 with a capital of ₹ 4,50,000. On 31st March, 2025 her position was as under: 1.09K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Mr. Vasudev does not keep proper records of his business. He provided following information. You are required to prepare a statement showing the profit or loss for the year 1.07K viewsAnurag Pathak Changed status to publish January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Mr. Samrat does not keep proper books of accounts. He gives you the following information: Opening Capital ₹ 7,00,000 1.06K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete Records 0 Votes 1 Ans Atul does not keep proper records of his business. He gives you the following information: Opening Capital ₹ 2,00,000 1.06K viewsAnurag Pathak Answered question January 5, 2026DK Goel Incomplete RecordsTS Grewal Class 11 0 Votes 1 Ans The following balances were extracted from the books of Mr. Din Dayal as at 31st March, 2023 Stock at the beginning ₹ 41,000 Rent ₹ 9,600 1.22K viewsAnurag Pathak Changed status to publish January 4, 2026Dk Goel with Ajustment 0 Votes 1 Ans From the following Trial Balance of Mr. Tarun Ghosh, prepare Trading and Profit and Loss A/c for the year ending 31st March, 2020 and a Balance Sheet as at that date: 1.22K viewsAnurag Pathak Answered question January 4, 2026Dk Goel with Ajustment 0 Votes 1 Ans The following Trial Balance was extracted from the books of Mr. Gupta as at 31st March, 2023: Stock on 1-4-2022 ₹ 65,000 Purchases ₹ 7,10,000 1.29K viewsAnurag Pathak Answered question January 4, 2026Financial Statement (With Adjustment) 0 Votes 1 Ans From the following Trial Balance of Sh. Parveen Kumar, prepare Trading and Profit & Loss Account for the year ending 31st March, 2023 and a Balance sheet as at that date: 1.22K viewsAnurag Pathak Answered question January 4, 2026Dk Goel with Ajustment 0 Votes 1 Ans From the following information prepare financial Statements of M/s Raj & Bros for the year ending March 31, 2020 1.12K viewsAnurag Pathak Changed status to publish January 3, 2026Dk Goel with Ajustment 0 Votes 1 Ans From the following Trial Balance extracted from the books of Mr. Karuna Sagar, prepare a Trading and Profit & Loss A/c For for the year ended 31st March, 2023 and a Balance Sheet as at that date: 1.22K viewsAnurag Pathak Changed status to publish January 3, 2026Dk Goel with Ajustment 0 Votes 1 Ans Prepare Trading and Profit & Loss Account and Balance Sheet as at 31st March, 2023, from the following balances: Capital A/c ₹ 5,00,000 ₹ Drawings A/c ₹ 36,000 1.22K viewsAnurag Pathak Answered question January 3, 2026Dk Goel with Ajustment 0 Votes 1 Ans On 31st March, 2023 the following Trial Balance of Sh. Ajay Oswal was taken out. Prepare Trading and Profit & Loss Account for the year and Balance Sheet at that date after making the following adjustments:- 1.22K viewsAnurag Pathak Changed status to publish January 3, 2026Dk Goel with Ajustment 0 Votes 1 Ans Below is given the Trial Balance of Mr. Ram as at 31st December, 2022. You are required to prepare Trading and Profit & Loss Account and Balance Sheet as at that date. 1.07K viewsAnurag Pathak Answered question January 3, 2026Dk Goel with Ajustment 0 Votes 1 Ans Below is given the Trial Balance of Mr. Ram as at 31st December, 2022. You are required to prepare Trading and Profit & Loss Account and Balance Sheet as at that date. 1.19K viewsAnurag Pathak Answered question January 3, 2026Dk Goel with Ajustment 0 Votes 1 Ans Prepare a trading and profit & loss account of M/s Green Club Ltd. for the year and a Balance Sheet as at that date from the following figures taken from their trial balance: 1.28K viewsAnurag Pathak Changed status to publish January 2, 2026Financial Statement (With Adjustment) 0 Votes 1 Ans From the following balances extracted from the books of Sharma, prepare the Trading and Profit & Loss Account for the year ended 31st March 2023 and Balance Sheet as at that date after taking into consideration the adjustments given below: 1.20K viewsAnurag Pathak Answered question January 2, 2026Dk Goel with Ajustment « Previous 1 2 … 9 10 11 12 13 … 188 189 Next » Search questions Search Questions Sahaj and Nimish entered into partnership on 1st April, 2025 without a partnership deed. They introduced capital of 5,00,000 and 3,00,000 respectively 1 Answer | 0 Votes Taran and Deep are partners sharing the profits and losses in the ratio of 2 : 3 with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively 1 Answer | 0 Votes Puneet and Sahil are partners sharing profits and losses equally. They had opening credit balance in their Loan Accounts of ₹ 9,00,000 each 1 Answer | 0 Votes Raman and Pawan are partners sharing profits and losses in the ratio of 3 : 2. Raman being a non-working partner contributes ₹ 50,00,000 as capital 1 Answer | 0 Votes Raman and Pawan are partners sharing profits and losses in the ratio of 2 : 3. They had opening credit balance in their Loan Accounts of ₹ 5,00,000 and ₹ 4,00,000 respectively 1 Answer | 0 Votes Bani, Rani, and Mani are partners sharing profits and losses in the ratio of 3 : 2 : 1. Bani and Mani granted loans to the firm on 1st October 2022 of ₹ 2,00,000 and ₹ 3,00,000 respectively 1 Answer | 0 Votes Nirmal and Pawan are partners sharing profits in the ratio of 3 : 2. The firm had given a loan to Pawan of ₹ 5,00,000 on 1st April 1 Answer | 0 Votes Akhil, Sunil, and Parvesh are partners sharing profits in the ratio of 3 : 2 : 1. Sunil had given a loan to the firm on 1st November 2022 of ₹ 4,00,000 1 Answer | 0 Votes Bat and Ball are partners sharing the profits in the ratio of 2 : 3 with capitals of ₹ 1,20,000 and ₹ 60,000 respectively 1 Answer | 0 Votes Akhil and Bimal are partners sharing profits in the ratio of 3 : 2. Akhil gave a loan to the firm of ₹ 1,00,000 on 1st October 2022 1 Answer | 0 Votes Question and answer is powered by anspress.net
