CBSE Class 11-commerce Answered
Trading Account for the year ended 31st March, 2016
Dr. |
Cr. |
||||
Particulars |
|
Amount Rs. |
Particulars |
|
Amount Rs. |
To Opening Stock |
|
3,460 |
By Sales |
15,450 |
|
To Purchases |
5,475 |
|
Less : Return |
200 |
15,250 |
Less : Return |
125 |
5,350 |
By Closing Stock |
|
5,750 |
|
|
|
|
|
|
To Gross Profit c/d |
|
12,190 |
|
|
|
|
|
21,000 |
|
|
21,000 |
Profit and Loss Account for the year ended 31st March, 2016
Dr. |
Cr. |
||||
Particulars |
|
Amount Rs. |
Particulars |
|
Amount Rs. |
To Bad Debts |
125 |
|
By Gross Profit b/d |
|
12,190 |
Add: Further Bad Debt |
100 |
|
By Commission |
375 |
|
Add: Provision for doubtful debts @10% |
370 |
|
Less: 1/3rd Received in Advance |
125 |
250 |
|
595 |
|
|
|
|
Less: Provision for Bad Debts |
200 |
395 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
To Advertisement |
|
450 |
|
|
|
To Interest on Bank overdraft |
118 |
|
|
Answered by | 04 Jul, 2016, 10:16: AM
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 01 Jul, 2016, 04:01: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 04 Jul, 2016, 08:16: AM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 04 Jul, 2016, 08:16: AM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 04 Jul, 2016, 08:47: AM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 04 Jul, 2016, 08:16: AM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 04 Jul, 2016, 08:16: AM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Topperlearning User | 04 Jul, 2016, 08:16: AM
ANSWERED BY EXPERT
|