[ISC] Q 10 Solutions Final Accounts and Concepts of Trading Account Class 11 (2022-23)
Solution of Question number 10 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2022-23.
Prepare Trading Account, Profit & Loss Account and Balance Sheet of Jagat as at 31st March, 2022 from the following balances:
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Capital (Cr.) Machinery Sales Purchases Sales Return Stock on 1st April, 2021 Drawings Wages Carriage Inwards Closing Stock was valued at ₹ 2,00,000 | 3,60,000 70,000 8,20,000 4,00,000 10,000 1,00,000 40,000 1,00,000 5,000 | Salaries General Expenses Rent Purchases Return Debtors Cash Carriage Outwards Advertising Creditors | 60,000 20,000 50,000 5,000 3,00,000 40,000 20,000 20,000 50,000 |
Closing Stock was valued at ₹ 2,00,000.
Solution:-
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