[ISC] Q 9 Solutions Final Accounts and Concepts of Trading Account Class 11 (2023-24)
Solution of Question number 9 solution of Final Accounts and Concepts of Trading Account without adjustment class 11 Accountancy class 11 ISC Board 2023-24.
From the following balances, prepare Trading Account, Profit & Loss Account and Balance sheet:
| Debit Balances: Machinery Debtors Drawings Purchases Wages Bank Opening Stock | 35,0000 27,0000 9,0000 95,0000 50,0000 15,0000 20,0000 | Debit Balances (Contd): Rent Sundry Expenses Carriage Credit Balances: Capital A/c Creditors Sales | 4,5000 2,0000 1,5000 1,00,0000 14,0000 1,45,0000 |
Closing Stock was valued at ₹ 30,000.
Solution:-
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