1. Prepare a Trading Account from the following particulars for the year ended 31st March, 2023:- Particulars ₹ Particulars ₹ Opening Stock 2,50,000 Purchases Returns 22,000 Purchases 7,00,000 Sales Return 36,000 Sales 18,00,000 Gas, Fuel and Power 75,000 Wages 2,06,000 Dock Charges 8,000 Carriage Inward 34,000 Factory Lighting 96,000 Carriage...

2(A). From the following information, prepare the Trading Account for the year ended 31st March, 2020:  Adjusted Purchases ₹15,00,000; Sales ₹21,40,000; Returns Inwards ₹40,000; Freight and Packing ₹15,000; Packing Expenses on Sales ₹20,000; Depreciation ₹36,000; Factory Expenses ₹60,000; Closing Stock ₹1,20,000.  (KVS 2022)   D.K.Goel/2024 Edition/Practical Questions/Q-02(A) 2(B). Calculate Gross Profit...

3(A). Calculate cost of goods sold from the following Particulars ₹ Particulars ₹ Opening Stock 40,000 Wages & Salaries 10,000 Net Purchases 50,000 Rent Paid 15,000 Net Sales 1,90,000 Closing Stock 15,000 (Delhi 2017)  D.K.Goel/2024 Edition/Practical Questions/Q-03(A) 3(B). Ascertain cost of Goods Sold and Gross Profit from the following: ₹...

4. Calculate Gross Profit on the basis of the following information : ₹ Purchases 6,80,000 Return Outwards 30,000 Carriage Inwards 20,000 Carriage Outwards 15,000 Wages 50,000 3/4 of the goods are sold for ₹6,00,000.  (KVS 2019)  D.K.Goel/2024 Edition/Practical Questions/Q-04 For full question, please refer to the text book Accountancy Class-XI...

5(A). Calculate Closing Stock and Cost of Goods Sold:  Opening Stock ₹5,000; Sales ₹16,000; Carriage Inwards ₹1,000; Sales Returns ₹1,000; Gross Profit ₹6,000; Purchase ₹10,000; Purchase Returns ₹900.  D.K.Goel/2024 Edition/Practical Questions/Q-05(A) 5(B). Calculate Closing Stock from the following: Particulars ₹ Particulars ₹ Opening Stock 38,000 Sales 3,60,000 Purchases 3,40,000 Return...

6(A). Calculate gross profit and cost of goods sold from the following information:  Net Sales ₹8,00,000  Gross Profit is 40% on Sales  D.K.Goel/2024 Edition/Practical Questions/Q-06(A) 6(B). Calculate gross profit and cost of goods sold from the following information  Net Sales ₹12,00,000  Gross Profit 33 ⅓% on Sales  D.K.Goel/2024 Edition/Practical Questions/Q-06(B)...

7. Calculate the gross profit and cost of goods sold from the following information :  Net Sales ₹9,00,000  Gross Profit is 20% on cost.  D.K.Goel/2024 Edition/Practical Questions/Q-07 For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company Answer : Back

8. Ascertain the value of closing stock from the following:  Opening Stock ₹1,20,000  Purchases during the year ₹9,30,000 Sales during the year ₹15,60,000 Rate of Gross Profit 40% on Sales  D.K.Goel/2024 Edition/Practical Questions/Q-08 For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal...

9. Calculate closing stock from the following details:  Rs. Opening Stock   4,80,000 Purchase 13,60,000 Sales   19,50,000 G.P. is 30% on Cost.  D.K.Goel/2024 Edition/Practical Questions/Q-09 For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company Answer : Back

10. Calculate Net Sales and G.P. from the following:       Rs. Cost of Goods Sold 4,50,000 G.P. 25% on Sales    D.K.Goel/2024 Edition/Practical Questions/Q-10 For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company Answer : Back

11. Prepare Profit and Loss Account for the year ended 31st March, 2023 from the following particulars: Particulars Amount (Rs.) Particulars Amount (Rs.) General expensesCharity Office LightingLaw Charges AdvertisementBank chargesCommissionRent, Rates and Taxes 12,000 3,0005,0005,80014,2001,2007,00030,000 Gross profitCarriage Outwards Office Expenses Fire Insurance PremiumTelephone ExpensesEstablishment expensesMiscellaneous ExpensesDiscount Received 7,69,000 20,00016,00018,00013,5002,5007,1006,200 Interest...

12. Calculate the amount of gross profit, operating profit and net profit on the basis of the following  balances extracted from the books of M/s Rajiv & Sons for the year ended March 31, 2023.     Rs. Opening Stock     50,000 Net Sales 11,00,000 Net Purchases   6,00,000 Direct Expenses...

13. Calculate the operating profit from the following: Rs. Net Profit   5,00,000 Dividend Received       6,000 Loss on sale of Furniture     12,000 Loss by Fire     50,000 Salaries   1,20,000 Interest on Loan from Bank     10,000 Rent Received     24,000 Donation...

14. Following is the Trial Balance of Sh. Damodar Parshad as at 31st March, 2020: Debit Balances Amount (Rs.) Credit Balances Amount (Rs.) Stock 1-4-2019Purchases Wages Returns Inwards Carriage on Purchases Carriage on Sales Office Salaries Rent and Taxes Cash Bank Balance Bad-debts Discount allowed 10,000 58,0004,7003,520 2,3607104,8002,4001,1007,820600640 Discount Received...

15. From the following balances extracted from the books of Sh. Badri Vishal on 31st March, 2023, prepare a Trading Account, P & L A/c and a Balance Sheet. Closing Stock valued on that date was Rs. 15,000. Particulars Debit (Rs.) Credit (Rs.) Capital Household Expenses Sales Return inwards Return...

16. From the following balances of the Ledger of Sh. Akhileshwar Singh, prepare Trading and Profit & Loss Account and Balance Sheet: Particulars Debit (Rs.) Credit (Rs.) Stock on 1-4-2022 Stock on 31-3-2023 Purchases and Sales 30,00046,2002,30,000 3,45,800 Particulars Debit (Rs.) Credit (Rs.) Returns Commission on Purchases Freight and Carriage...

17. Arrange assets in the order of permanence: Sundry Debtors, Stock, Investment, Land and Building, Cash in Hand, Motor Vehicle, Cash at Bank, Goodwill, Plant and Machinery, Furniture, Loose Tools, Marketable Securities. D.K.Goel/2024 Edition/Practical Questions/Q-17 For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published...