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Computer Lab - Practical Question Bank

Autor:   •  December 14, 2017  •  1,665 Words (7 Pages)  •  730 Views

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Sold goods to Praveen Rs.20,000.

- From the following information prepare P & L account and B/S

Opening balance sheet

Capital

2,50,000

Building

2,00,000

Cash

50,000

Transactions:

Paid Audit fee Rs.500,

Paid General Exp. Rs.1,000, Advertisement Rs.1,000

Paid postage Rs.500, Printing Rs.100, Rent Rs.500.

Sales Rs.60,000. Purchases Rs.21,000.

Adjustments:

Outstanding rent Rs.200, Depreciation on Building 10%.

- From the information given below prepare P & L account & B/S.

Salaries

70,000

Capital

6,00,000

Rent

30,000

Commission received

10,000

Stationary

5,000

Sales

1,65,000

Cash

45,000

Furniture

4,60,000

Purchases

84,000

Machinery

81,000

Adjustments:

81,000

Adjustments: Outstanding Rent Rs.1,000, Depreciation on furniture @ 5%, Machinery @ 4%.

- Enter the following transactions in books of Bajaj.

Goods purchased from Prem Rs.30,000.

Cash paid to Prem Rs.29,500 and discount allowed by him Rs.500.

Goods Sold to Mukthi Rs.40,000.

Cash received from Mukthi Rs.39,000 allowed her discount Rs.1,000.

- Compute Net Profit from the following data: Rs.

Capital Introduced

4,00,000

Cash purchases

50,000

Cash sales

1,00,000

Paid rent

5,000

Paid salaries

10,000

Received interest

2,000

Paid legal expenses

1,000

Paid Rates & taxes

500

Paid General expenses

400

Closing stock

12,000

- Mr.Sudhir started business with cash Rs.3,00,000:

Purchased 20 CTV’s @10,000 each for cash.

Paid carriage on purchase Rs.2000

Sold 10 CTV’s @12,000 each for cash

Sold 10 CTV’s @12,000 each to Shyam.

Paid salaries Rs.2,000 and Rent Rs.1,000

Prepare P & L A/c.

- Prepare Trading and P & L A/c and also Balance sheet.

Manisha started business with cash Rs.5,00,000

Purchased 15 colour TVs @15,000 each for cash

Paid carriage on purchase Rs.2000

Sold 10 CTVs @20,000 each for cash

Sold 3 CTVs @20,000 each to Mr.Raju on credit paid salaries Rs.1,000

Closing stock valued at Rs.30,000.

- Prepare Trading and P & L a/c and Balance sheet.

Sunitha started business with Rs.5,00,000.

Purchased furniture worth Rs.20,000.

Purchased computer worth Rs.10,000 for business use.

Purchased 10 Printers @ Rs.5,000 each from TVS Ltd.

Purchased 10 computers @20,000 each for cash.

Sold 10 Printer @6,000 each for cash .

Sold 10 computers @25,000 each to Sunil.

Paid cash to TVS Ltd. Rs.50,000.

Received cash from Sunil Rs.2,50,000.

Paid salaries Rs.1,000 and Rent Rs.1,500

- Mr.Kartik started business with Rs.3,00,000; Purchased 10 colour TVs @15,000 each for cash; Purchased 10 colour TVs @15,000 each from Manoj; Sold 18 CTVs @18,000 each for cash; Paid salaries Rs1,000 and rent Rs.1,000; Unsold stock Rs.27,000.

Prepare Trading & P & L a/c.

- Enter the following transactions and generate a sales register.

Sold goods to Birla Traders Rs.2,000

Sold goods to Kamlesh &

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