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Prepare trading account of Archana for the year ending 31st December 2106 from the following information. Adjustments: (a) Closing stock ₹ 1,00,000 (b) Wages outstanding ₹ 12,000 - Accountancy

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प्रश्न

Prepare trading account of Archana for the year ending 31st December 2106 from the following information.

Debit balance Credit balance
Opening stock 80,000 Purchases returns 10,000
Purchases 8,60,000 Sales returns 3,16,000
Freight inwards 52,000 Import duty on purchases 30,000
Wages 24,000 Sales 14,40,000

Adjustments:

(a) Closing stock ₹ 1,00,000

(b) Wages outstanding ₹ 12,000

(c) Freight inwards paid in advance ₹ 5,000

खाता बही
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उत्तर

Trading A/c of Archana for
the year ended 31.12.2016

Dr.   Cr.
Particulars Particulars
To Opening Stock   80,000 By Sales 14,40,000 11,24,000
To Purchases 8,60,000 8,50,000 Less: Sales returns 3,16,000
Less: Purchases returns 10,000 By Closing Stock   1,00,000
To import duty on purchase   30,000      
To Freight inwards 52,000 47,000      
Less: Paid in advance 5,000      
To Wages 24,000 36,000      
Add: Outstanding wages 12,000      
To Gross profit c/d   1,81,000      
    12,24,000     12,24,000
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अध्याय 13: Final Accounts of Sole Proprietors - 2 - Exercises [पृष्ठ ३११]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
अध्याय 13 Final Accounts of Sole Proprietors - 2
Exercises | Q IV 9. | पृष्ठ ३११
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