[QUOTE]q.no3.2007. Trad p&l. Acc. 149800. Bal sheet. 451910[/QUOTE]:(
My Profit is 65880 and balance sheet total is 452220 |
Q3,2007
P & L 71051 pelwasaha what is ur bad debt amount? |
Q. 3. 2007
B.D. new provision. 4310
+ B.D. 2190- old 2500 = 4000. |
Q. 3. 2007
net profit. 65570. chk again plz.
other indirect expenses: salaries. 20780 T S&C 32760 O.E. 3220 LOAN. 4250 CARG. 3420 RENT. 2710 DEP. 250 12840 B.D. N.P 4310+2190-2500=4000. If there is my mistake. correct it plz |
non profit organisation
paper 2004. Eagle club opening balance sheet. 70850.
income & exp. acc. 35283 balance sheet. 91133 paper 2008. rec& pay. acc. 35200 opng. blns sheet. 60750 banc sheet 31.dec.2006. 81450 |
[B]Can somebody solve this question for me as I am unable to balance my balance sheet.
[/B] My solved figures are: [B]G.P: Rs. 97900 N.P: Rs. 16540 P/L A/c Balance: Rs.100400 B.S: Total Assests: Rs. 216700 Total Liabilities: Rs. 218200 Hence 218200-216700= Rs. 1500 ka difference araha hai[/B]... [B]please solve this question. [/B] 1. The following trial balance is extracted from the books of a merchant on December 31, 2000: (CSS 2001) PARTICULAR …….…….…….… DEBIT……... CREDIT Furniture …….…….… ….……… …. 6,400 ……..... X Motor vehicles …….… ….………….. 62,500 …….....X Buildings …….……. ….…………… 75,000 …….... X Capital account …… .…….………..... X …….. 125,000 Bad debts …….… ….…….…………. 1,250 ……..... X Provision for bad debts …….………...... X …….... 2000 Sundry debtors and creditors …. .. 38,000 …… 25,000 Stock on January 1, 2000 … ….….. 34,600 …….... X Purchases and sales …….……. …….. 54,750 …… 154,500 Bank overdraft …….…….………...… X …....… 25,500 Sales and purchases returns ………. 2000 …...… 1,250 Advertising …….…… …….……….. 4,500 ….....… X Mark up (on overdraft) …….……….. 1,180 ….....… X Commission …….……. ….……....… X ….....… 3,750 Cash …….…….… .…….…….…….. 6,500 …....… X Taxes and insurance …….… .……… 12,500 …...… X General expenses …….…… ………. 7,820 …......… X Salaries …….…….……. .…….……. 33,000 ....….… X TOTAL ………………… ………... 340,000 …. 340,000 The following adjustments are to be made: (a) Stock in hand on December 31, 2000 was Rs. 32,000 (b) Depreciate building at the rate of 5% Furniture % Fittings @ 10% and motor vehicles @ 20% (c) Rs. 850 is due for mark up on bank overdraft (d) Salaries Rs. 3000 and taxes Rs. 12000 are outstanding (e) Insurance amounting to Rs. 1000 is prepaid (f) One third commission received in respect of the work to be done next year (g) Write off a further sum of Rs. 1000 as bad debt and provision for bad debts to be made equal to 10%% on sundry debtors [B]Required: Prepare a Trading and Profit & Loss account for the year ended December 31, 2000 and balance sheet as on that date.[/B] |
Attempt this question again after making following corrections:
[QUOTE]1. The following trial balance is extracted from the books of a merchant on December 31, 2000: (CSS 2001) PARTICULAR . . . DEBIT ... CREDIT Furniture . . . . 6,400 ..... X Motor vehicles . . .. 62,500 .....X Buildings . . . 75,000 .... X Capital account . . ..... X .. 125,000 Bad debts . . . . 1,250 ..... X Provision for bad debts . ...... X .... 2000 Sundry debtors and creditors . .. 38,000 25,000 Stock on January 1, 2000 . .. 34,600 .... X Purchases and sales . . .. 54,750 154,500 [COLOR="Purple"][SIZE="3"]Bank overdraft . . ... X .... 25,500[/SIZE][/COLOR] Sales and purchases returns . 2000 ... 1,250 Advertising . . .. 4,500 ..... X Mark up (on overdraft) . .. 1,180 ..... X Commission . . . .... X ..... 3,750 Cash . . . . . .. 6,500 .... X Taxes and insurance . . 12,500 ... X General expenses . . 7,820 ...... X Salaries . . . . . . 33,000 .... . X TOTAL ... 340,000 . 340,000 The following adjustments are to be made: (a) Stock in hand on December 31, 2000 was Rs. 32,000 (b) Depreciate building at the rate of 5% Furniture % Fittings @ 10% and motor vehicles @ 20% (c) Rs. 850 is due for mark up on bank overdraft (d) Salaries Rs. 3000 and [COLOR="DarkOrchid"][SIZE="3"]taxes Rs. 12000 are outstanding[/SIZE][/COLOR] (e) Insurance amounting to Rs. 1000 is prepaid (f) One third commission received in respect of the work to be done next year (g) Write off a further sum of Rs. 1000 as bad debt and provision for bad debts to be made equal to 10%% on sundry debtors [/QUOTE] Bank overdraft= 28500 Taxes=1200 |
[QUOTE=KinzaShoaib;659813]Attempt this question again after making following corrections:
Bank overdraft= 28500 Taxes=1200[/QUOTE] nahi abhi bhi ghalat araha hai B.S. Wese me pass sirf 2006-2008 tak k paper original nahi hai baqi sab original hain. |
Final Accounts
[U][B]Paper 2013[/B][/U]
Gross Profit = 5205240 Net Profit = 2584400 Balance Sheet = 11806440 [B][U]Paper 2010[/U][/B] Gross Profit = 83530 Net Profit = 25305 Balance Sheet = 207180 [B][U]Paper 2009[/U][/B] Gross Profit = 6200 Net Profit = 1361 Balance Sheet = 16174 [B][U]Paper 2008[/U][/B] Gross Profit = 50334 Net Loss = 9365 Balance Sheet = 537365 [B][U]Paper 2007[/U][/B] Gross Profit = 153000 Net Profit = 65570 Balance Sheet = 451910 [B][U]Paper 2006[/U][/B] [I][COLOR="Blue"][SIZE="2"]I Do not find original paper on net[/SIZE][/COLOR][/I]:( ... [B][U]Paper 2005[/U][/B] Gross Profit = 133800 Net Profit = 65052 Balance Sheet = 347052 [B][U]Paper 2004[/U][/B] Gross Profit = 35212 Net Profit = 22735 Balance Sheet = 141167 [B][U]Paper 2003[/U][/B] Gross Profit = 144940 Net Profit = 34624 Balance Sheet = 221020 [B][U]Paper 2001[/U][/B] Gross Profit = 96400 Net Profit = 14910 Balance Sheet = 199710 |
Q3, 2007
@palwashaa
app na plant and mach ki depriciation b find nahi ki or app na loan q profit and loss account mai dala hai? |
08:22 PM (GMT +5) |
vBulletin, Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.