[DK Goel] Q. 11 Financial Statements (without Adjustments) Solutions Class 11 CBSE (2025-26)
Solutions of Question number 11 of Chapter 20 Financial Statements (without Adjustments) DK Goel class 11 CBSE (2025-26)
You are required to prepare Trading Account for the year ended 31st March, 2025 from the following information:
| ₹ | |
| Opening Stock | 1,75,000 |
| Purchases | 5,10,000 |
| Purchase Returns | 8,000 |
| Wages | 17,300 |
| Freight Inwards | 3,100 |
| Factory Lighting | 10,600 |
| Closing Stock | 1,32,000 |
Gross Profit is 25% on Sales.
[Ans. Cost of Goods Sold ₹ 5,76,000; Sales ₹ 7,68,000; Gross Profit ₹ 1,92,000.]
Solution:-
