[ISC] Q 19 Solutions Final Accounts and Concepts of Trading Account Class 11 (2022-23)

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Solution of Question number 19 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2022-23.

From the following Trial Balance, prepare Trading Account, Profit & Loss Account for the year ended 31st March, 2022 and Balance Sheet as at that date:

ParticularsDr. (₹)Cr. (₹)
Sundry Debtors
Stock on 1st April, 2021
Land and Building
Capital
Rent
Cash in Hand
Cash at Bank
Wages
Sundry Creditors
Bills Receivable
Interest
Bad Debts
Repairs
Sales
Bills Payable
Furniture and Fixtures
Depreciation
Discount
Salaries
Drawings
Purchases
Office Expenses
Plant and Machinery
Input CGST A/c
Input SGST A/c
Output CGST A/c
Output SGST A/c
Output IGST A/c
15,000
50,000
1,00,000


16,000
40,000
30,000

20,000
2,000
5,000
3,000


15,000
10,000
8,000
20,000
20,000
1,00,000
25,000
57,000
15,000
15,000





2,50,000
6,000



75,000




1,70,000
40,000










10,000
10,000
5,000
Total5,66,0005,66,000

On 31st March, 2022, stock was valued at cost as ₹ 1,20,000. Its net realisable value (market value) was ₹ 1,00,000.

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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