[DK Goel] Q. 5 Financial Statements (without Adjustments) Solutions Class 11 CBSE (2025-26)
Solutions of Question number 5 of Chapter 20 Financial Statements (without Adjustments) DK Goel class 11 CBSE (2025-26)
Q. 5 (A). Calculate Closing Stock and Cost of Goods Sold:
Opening Stock ₹ 5,000; Sales ₹ 16,000; Carriage Inwards ₹ 1,000; Sales Returns ₹ 1,000; Gross Profit ₹ 6,000; Purchases ₹ 10,000; Purchase Returns ₹ 900.
[Ans. Cost of Goods Sold ₹ 9,000; Closing Stock ₹ 6,100]
Solution:-
Q. 5 (B) Calculate Closing Stock from the following:
| Particulars | ₹ |
| Opening Stock | 38,000 |
| Purchases | 3,40,000 |
| Return Outwards | 4,000 |
| Freight Inwards | 26,000 |
| Sales | 3,60,000 |
| Return Inwards | 5,000 |
| Gross Loss | 20,000 |
[Ans. Cost of Goods Sold ₹ 3,75,000; Closing Stock ₹ 25,000.]
Solution:-
