[ISC] Q 3 Solutions Final Accounts and Concepts of Trading Account Class 11 (2023-24)
Solution of Question number 3 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2023-24.
From the following information, prepare Trading Account for the year ended 31st March 2023
| Stock on 1st April, 2022 Purchases Sales Carriage Inwards | 40,000 4,00,000 3,80,000 20,000 | Returns Outward Wages and Salaries Returns Inward Stock on 31st March, 2023 | 80,000 50,000 20,000 1,30,000 |
Net Realisable Value or Market value of stock as on 31st March, 2023 was ₹ 1,20,000.
Solution:-
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