HSC ACCOUNTS PROBLEM NO. 6 NEW SYLLABUS 2020 Archana and Prerana are partners |
HSC ACCOUNTS PROBLEM NO. 6 NEW SYLLABUS 2020 Archana and Prerana are partners |
HSC ACCOUNTS PROBLEM NO. 6 NEW SYLLABUS 2020 Archana and Prerana are partners |
HSC ACCOUNTS PROBLEM NO. 6 NEW SYLLABUS 2020 Archana and Prerana are partners |
HSC ACCOUNTS PROBLEM NO. 6 NEW SYLLABUS 2020 Archana and Prerana are partners |
6. Archana and Prerana are partners, sharing Profits and Losses in the ratio 2:1 with the help of following Trial Balance and Adjustments given below. You are required to prepare Trading and Profit and Loss Account for the year ended 31st March 2019 and Balance Sheet as on that date.
Trial Balance as on 31st March, 2019 Link for Handwritten Solution: https://www.omtex.co.in/2020/08/hsc-f... #Hscnewsyllabus #hscaccountsnewsyllabus #hscmaharashtra #hscfinalaccount XII Final Accounts, New Syllabus 2020 - 2021, Omtex Classes Amin Sir's Lecture, PART 1 https://youtu.be/9O6WLB8lR_M PART 2 https://youtu.be/WuB-KN_LQ60 PART 3 https://youtu.be/NA6h-0A4Vfs PART 4 https://youtu.be/yVWpGkcpw9U PART 5 https://youtu.be/jtqUdBWWlbU Sum No. 2: https://youtu.be/aVvRSBt1pHk Sum No. 3: https://youtu.be/_tujVQmCZ68 Sum No. 4: https://youtu.be/9oZzZu3wnWg Sum No. 5: https://youtu.be/rRg1kOxIYEU Sum No. 6: https://youtu.be/rRg1kOxIYEU Adjustments : 1) Stock on 31st March 2019 is valued at Cost Price Rs. 12,000 and Markct Price Rs. 17,000. 2) Our customer Mr. Shekhar failed to pay his dues of Rs. 800. 3) 1/8th of Patents are to be written off. 4) A part of Furniture Rs. 5,000 is purchased on 1st Oct 2018. 5) Depreciation on Land & Building 10% and on Furniture 5%. 6) Outstanding Expenses Wages Rs. 300 and Electricity Charges Rs. 200. 7) Allow Interest on Capital 3%. (Ans : G.P. Rs. 8,290, N.P. Rs. 825 Balance Sheet Total Rs. 87,525)