[ISC] Q 15 Solutions Final Accounts and Concepts of Trading Account Class 11 (2023-24)

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Solution of Question number 15 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2023-24.

From the following Trial Balance and additional information of Gaurav, a proprietor, prepare Trading Account, Profit & Loss Account for the year ending 31st March, 2023 and Balance Sheet as at that date:

ParticularsDr. (₹)Cr (₹)
Building
Wages
Machinery
Salaries and Wages
Debtors
Capital
Purchases/Sales
Creditors
Income Tax
Drawings
1,60,000
26,000
16,000
41,600
33,700

56,500

2,000
500





2,23,100
1,00,700
12,500

Total3,36,3003,36,300

Closing Stock was valued at cost ₹ 1,00,000 but its net realisable value (market value) was ₹ 88,500.

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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