Computer Lab - Practical Question Bank
Autor: Rachel • December 14, 2017 • 1,665 Words (7 Pages) • 587 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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