Page 137 - Account 10

NUMERICAL PROBLEMS

16. Prepare the Trading Account of R & R Distributors on the basis of the
following particulars as on 31 st Ashad, 2075.
Particulars Amount Particulars Amount
Opening Stock 2,30,000 Octori 3,000
Wages 14,000 Return inward 15,000
Sales 4,45,000 Purchase 1,10,000
Custom Duty 15,000 Other Manufacturing Expenses 35,000
Ans: Gross profit Rs. 23,000

17. Prepare the Trading Account of Sani & Dasha Company for the fiscal year
2075/076 from the following particulars.
Particulars Amount Particulars Amount
Opening Stock 8,00,000 Return outward 43,000
Sales 12,50,000 Sales return 54,000
Freight on Purchase 55,000 Closing Stock 60,000
Purchase 6,50,000 Duty on Import 35,000
Ans: Gross loss Rs. 2,41,000
18. Prepare the Trading Account of Meri Gold Pvt. Ltd., Chitwan on the basis of
the following particulars as on 31 Ashadh, 2075.
st
Particulars Amount Particulars Amount
Opening Stock 125,000 Closing Stock 20,000
Wages and salary 50,000 Return inward 14,000
Sales 320,000 Purchase 60,000
Factory Expenses 14,000 Royalties 25,000
Ans: Gross profit Rs. 52,000
19. Prepare the Trading Account of Hari Pvt. Ltd., Kathmandu on the basis of the
following particulars as on 31 Ashadh, 2075.
st
Particulars Amount Particulars Amount
Opening stock 40,000 Purchase 36,000
Sales 80,000 Carriage on purchase 15,000
Royalties 5,000 Closing stock 15,000
Manufacturing wages 5,000 Factory insurance 10,000
Coolie and cartage 1,000 Custom duty 1,200
Excise duty 4,000 Store consumed 1,000
Coal and coke 1,500 Return outward 1,200
Productive expenses 5,000 Lighting & heating 1,500
Return inward 6,000
Ans: Gross loss Rs. 36,000

136 Aakar’s Office Practice and Accountancy - 10 Final Accounts 137