[ISC] Q 20 Solutions Final Accounts and Concepts of Trading Account Class 11 (2023-24)

Share your love

Solution of Question number 20 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, prepare Trading Account, Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date:

ParticularsDr. (₹)Cr. (₹)
Capital
Plant and Machinery
Land and Building
Sales
Furniture and Fixtures
Trade Expenses
Cash at Bank
Wages and Salaries
Repairs
Purchases
opening Stock
Sundry Debtors
Sundry Creditors
Purchases Return
Rent
Discount
Drawings
Bills Receivable/Bills Payable
Bad Debts
Interest
Input CGST A/c
Input SGST A/c
Output CGST A/c
Output SGST A/c
Output IGST A/c

1,00,000
1,20,000

50,000
30,000
2,50,000
60,000
10,000
6,00,000
2,00,000
1,00,000



8,000
10,000
40,000
4,000

10,000
10,000
5,000


5,00,000


9,00,000








1,20,000
10,000
12,000


30,000

10,000



5,000
5,000
15,000

Stock on 31st March, 2023 was valued at ₹ 1,40,000.

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
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 6553

Leave a Reply

Your email address will not be published. Required fields are marked *

x