Professional Documents
Culture Documents
Sr Problems
No
.
Q.1
Remark
Debit [Rs.]
80,000
2,75,200
8,000
2,500
2,000
3,750
200
15,000
2,500
2,000
0
0
1,450
900
12,500
100
2,000
20,000
4,700
4,000
18,000
Credit[Rs.]
-3,80,000
---2,000
300
---300
1,500
--61,300
-1400
8,000
----
Total
4,54,800
4,54,800
Ans:
G.PRs.15,55
0
N.Loss
Rs.9,100
B/S
Rs.49,35
0.
You are given the following further information:--i)Interest of Rs.150 was due from bank but it was not received.
ii)It was decided to increase Reserve for bad and doubtful to
Rs.2800 after writing off Rs.500 as bad debts during the year.
iii)Provide depreciation @5% p.a on building and @10% p.a on
furniture and fixture.
iv)A bill of Rs.250 for printing of Advertisement in newspaper
remained unpaid at the end of the year.
Sr Problems
Remark
No
.
Q.2
Debit [Rs.]
Credit[Rs.]
Cash in Hand
Cash at Bank
Purchases
Returns Inward and Returns
Outward
Wages
Fuel and Power
Carriage on Sales
Carriage on Purchases
Op Stock
Building
Freehold Land
Machinery
Salaries
Patents
General Expenses
Insurance
Drawings and Capital Account
Sundry Debtors and Sundry
Creditors
Sales
Rent
540
2,630
40,675
680
8,480
4,730
3,200
2,040
5,760
32,000
10,000
20,000
15,000
7,500
3,000
600
5,245
14,500
98,780
-----
------500
------------------------62,000
6,300
---9,000
Total
Ans:
G.PRs.43,7
15
N.P
Rs.25,5
86
B/S
Rs.90,1
41.
Sr Problems
No
.
Remark
DEBIT
CREDIT
8,12,525 12,62,000
26,000
2,51,000 1,52,630
19,750
1,33,625
1,15,685
27,875
36,250
21,130
6750
29,155
2625
15,000
50,000
3500
22,260
50,000
10,000
15,23,88 15,23,880
0
Prepare Trading and Profit & loss a/c for the year ended
on 31.03.2013 and Balance sheet as at that date after
taking into consideration the following information:
1. Stock on 31.03.2013 was Rs. 62,750.
2. Depreciation on Furniture is to be charged @ 10%.
3. Provision for doubtful debt is to be maintained 5% on
sundry debtors.
4. Sundry debtors include an item Rs. 2500 due from a
customer who has become insolvent.
5. Goods of the value of Rs.7500 have been destroyed by
fire and insurance company admitted a claim for Rs.
5000.
6. Received Rs.6000 worth of goods on 27th march, 2013
but the invoice of purchases was not recorded in
Ans:
G.PRs.2,63,6
65
N.P
Rs.1,88,3
30
B/S
Rs.4,01,9
50
purchase book.