[ISC] Q 14 Solutions Final Accounts and Concepts of Trading Account Class 11 (2023-24)

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Solution of Question number 14 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2023-24.

Trial Balance of Chaman on 31st March, 2023 had the following balances:

Debit Balances:
Plant and Machinery
Purchases
Sales Return
Opening Stock
Discount Allowed
Bank Charges
Sundry Debtors
Salaries
Wages
90,000
58,750
1,000
40,000
350
75
45,000
6,800
10,000
Debit Balances (Contd.):
Rent
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Cash at Bank
Credit Balances:
Capital
Sales
Purchases Return
Discount Received
Sundry Creditors
2,000
3,200
6,900

1,10,000
1,27,000
1,275
800
25,000

Stock on 31st March, 2023 was valued at ₹ 35,000. Prepare Trading Account, Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date.

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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