[ISC] Q 9 Solutions Final Accounts and Concepts of Trading Account Class 11 (2022-23)
Solution of Question number 9 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2022-23.
From the following balances, prepare Trading Account, Profit & Loss Account and Balance sheet:
| Debit Balances: Machinery Debtors Drawings Purchases Wages Bank Opening Stock | 35,000 27,000 9,000 95,000 50,000 15,000 20,000 | Debit Balances (Contd): Rent Sundry Expenses Carriage Credit Balances: Capital A/c Creditors Sales | 4,500 2,000 1,500 1,00,000 14,000 1,45,000 |
Closing Stock was valued at ₹ 30,000.
Solution:-
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