[DK Goel] Q. 3 Financial Statements (without Adjustments) Solutions Class 11 CBSE (2025-26)
Solutions of Question number 3 of Chapter 20 Financial Statements (without Adjustments) DK Goel class 11 CBSE (2025-26)
Q. 3 (A). Calculate Cost of goods sold from the following:
| ₹ | |
| Opening Stock | 40,000 |
| Net Purchases | 50,000 |
| Net Sales | 1,90,000 |
| Wages and Salaries | 10,000 |
| Rent Paid | 15,000 |
| Closing Stock | 15,000 |
[Ans. Cost of Goods Sold ₹ 85,000]
Solution:-
Q. 3 (B). Ascertain Cost of Goods Sold and Gross Profit from the following:
| ₹ | |
| Opening Stock | 48,000 |
| Purchases | 4,20,000 |
| Direct Expenses | 30,000 |
| Indirect Expenses | 57,000 |
| Closing Stock | 75,000 |
| Sales | 6,00,000 |
| Sales Return | 12,000 |
[Ans. Cost of goods sold ₹ 4,23,000; Gross Profit ₹ 1,65,000.]
Note: Indirect Expenses will not be considered while computing the Cost of Goods Sold.
Solution:-
Below is the list of all solutions
| S.N | Solutions |
| 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 | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
