[ISC] Q 5 Solutions Final Accounts and Concepts of Trading Account Class 11 (2022-23)

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Solution of Question number 5 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2022-23.

From the following information, prepare Profit & Loss Account of Sohan for the year ended 31st March, 2022:

Salaries and Wages
Commission Paid
Postage
Insurance
Interest Paid
Carriage Outwards
3,000
200
150
300
400
500
Advertising
Discount Allowed
Rent Received
Interest on Investment
Bad Debts
Brokerage Paid
1,000
1,800
1,700
1,500
900
95

The Gross Profit was 45% of Sales, which amounted to ₹ 65,000.

Solution:-

Here is the list all solutions of Practical Problems below

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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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