[CBSE] Q 6 Accounts for Incomplete Records Solutions (2023-24)
Solution of Question number 6 Accounts for Incomplete Records (Single Entry System) CBSE Board (2023-24)
Gurman who keeps his books on Single Entry System sells goods at cost plus 50%. On 1st April, 2022 his Capital was ₹ 4,00,000 and on 31st March, 2023 it was ₹ 3,50,000. He had withdrawn ₹ 20,000 per month besides goods of the sale value of ₹ 60,000. How much did he earn in 2022-23?
[Profit – ₹ 2,30,000.]
[Hint: Drawings = ₹ 2,40,000 (Cash + ₹ 40,000 (Cost of goods taken) = ₹ 2,80,000.]
Solution:-
Following is the list
| S.N | Questions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Questions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
