[ISC] Q 11 Solutions Final Accounts and Concepts of Trading Account Class 11 (2023-24)

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Solution of Question number 11 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2023-24.

Following are the balances as on 31st March, 2023 extracted from the books of Bhagwan Dass:

Sales
Purchases
Returns Inward
Returns Outward
Stock
Carriage Inwards
Rent
Discount
Printing
Insurance
Travelling Expenses
9,20,000
6,83,000
13,000
22,000
1,76,000
24,000
22,000
37,500
7,200
5,000
14,000
Postage
Miscellaneous Expenses
Bad Debts
Debtors
Creditors
Loan – Mata Din (Cr.)
Capital
Drawings
Business Premises
Office Furniture
6,200
9,000
4,000
2,20,000
1,28,000
50,000
5,25,000
19,100
3,90,000
15,000

Stock on 31st March, 2023 was valued at ₹ 2,40,000.

Prepare Trading Account, Profit & Loss Account and Balance Sheet as at 31st March, 2023.

Solution:-

Here is the list all solutions of Practical Problems below

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
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