[ISC] Q 13 Solutions Final Accounts and Concepts of Trading Account Class 11 (2023-24)

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Solution of Question number 13 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2023-24.

From the following balances, prepare Trading and Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date:

Capital A/c
Plant and Machinery
Sundry Debtors
Sundry Creditors
Drawings
Purchases
Wages
Bank
Opening Stock
1,00,000
40,000
24,000
12,000
12,000
1,05,000
50,000
10,000
20,000
Returns Outward
Rent
Sales
Manufacturing Expenses
General Expenses
Bad Debts
Carriage Inwards
Bills Payable
Returns Inward
5,000
4,000
1,64,000
8,000
7,500
2,000
1,500
7,000
4,000

Closing Stock on 31st March, 2022 was valued at ₹ 14,500.

Solution:-

Here is the list all solutions of Practical Problems below

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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
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19Question – 19
20Question – 20
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