Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Prepare Trading and Profit & Loss Account and Balance Sheet from the following balances, relating to the year ended 31st March, 2023: 6.06K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statement (With Adjustment) 0 Votes 1 Ans Following are the balances extracted from the books of Gurman on 31st March, 2023: Capital 1,90,000 Drawings 7,000 5.84K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statement (With Adjustment) 0 Votes 1 Ans From the following Trial Balance, prepare Trading and Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date: 6.49K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Prepare Trial Balance, Trading and Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet of the Gurman Trading Company as at that date, from the following extract of Ledger balances: 5.56K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 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 5.76K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 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 6.46K 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 7.17K 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: 6.53K 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: 6.16K 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 6.04K 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: 6.15K 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 4.10K 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: 5.71K 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 5.26K 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 5.54K 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 4.47K 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 3.91K 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 4.47K 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 4.91K 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 4.83K 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 5.76K 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 5.32K 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 4.63K 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) 5.22K 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. 4.63K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) « Previous 1 2 … 134 135 136 137 138 … 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
