Partnership Final Accounts Illustrations No.4 Solution | Page No. 32

Chapter 1

Partnership Final Accounts

Books Page No.32

Illustrations No.4

4.From the following Trial Balance of Mr.Piyush and Mr.Arun. You are required to prepare Trading and Profit and Loss Account and Balance Sheet as on the date:

Adjustments:

 (1) Stock on hand on 31st March, 2019 was Cost Price ₹ 40,000 and Market price ₹ 35,000.

 (2) Interest on Fixed Deposit ₹ 1200 is still receivable. 

 (3) Provide R.D.D. at 2.5% on Sundry Debtors.

 (4) Depreciate Furniture by 5%.

 (5) Goods of ₹ 8000 destroyed by fire and insurance company admitted a claim of 6000 only.

ANS:

Telegram Group

Mumbai Univeersity :- https://t.me/mumbaiuniversityidol

Suraj Patel Education :- https://t.me/surajpateleducation

S.S.C EXAM:-    https://t.me/joinchat/wIOptdUxh8A3YWU1

F.Y.J.C EXAM :- https://t.me/FYJCexam

S.Y.J.C EXAM :- https://t.me/SYJCexam

F.Y EXAM :- https://t.me/fyexam

S.Y EXAM :- https://t.me/syexam

T.Y EXAM :- https://t.me/tyexam

M.Com Part 1 EXAM :- https://t.me/McomPart1Exam

M.Com Part 2 EXAM :- https://t.me/McomPart2Exam

M.A EXAM :- https://t.me/mastudentsexam 

YouTube Channel 

https://www.youtube.com/channel/UCv8JIY58xfWHUIXVu9wxNHw

More 12 STD Partnership Final Accounts

Practical Problems link

 

Practical Problems. 1

https://www.surajpateleducation.com/2022/07/12th-standard-partnership-final.html

 

Practical Problems. 2

https://www.surajpateleducation.com/2022/07/12th-standard-partnership-final_11.html

 

Practical Problems. 3

https://www.surajpateleducation.com/2022/07/partnership-final-accounts-12th.html

 

Practical Problems. 4

https://www.surajpateleducation.com/2022/07/partnership-final-accounts-12th_13.html

 

Practical Problems. 5

https://www.surajpateleducation.com/2022/07/12th-partnership-final-accounts.html

 

Practical Problems. 6

https://www.surajpateleducation.com/2022/07/12th-commerce-book-keeping-accountancy.html

 

Practical Problems. 7

https://www.surajpateleducation.com/2022/07/12th-commerce-book-keeping-accountancy_27.html

 

Practical Problems. 8

https://www.surajpateleducation.com/2022/08/12th-commerce-bk-book-pdf-chapter-1.html

 

Practical Problems. 9

https://www.surajpateleducation.com/2022/08/12th-accounts-chapter-1-practical.html

 

Practical Problems. 10

https://www.surajpateleducation.com/2022/08/12th-final-accounts-chapter-1-practical.html

 

12 STD Partnership Final Accounts

Illustrations Problems Link

 

Illustrations No.1

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and.html

 

Illustrations No.2

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_16.html

 

Illustrations No.3

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_45.html

 

Illustrations No.4

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_23.html

 

Illustrations No.5

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_37.html

 

Illustrations No.6

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_10.html

 

Illustrations No.7

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_11.html

 

Illustrations No.8

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_66.html

 

Illustrations No.9

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_20.html

 

Illustrations No.10

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_73.html