MP Board Class 11th Accountancy Important Questions Chapter 16 Preparation of Final Accounts of Sole Trade

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MP Board Class 11th Accountancy Important Questions Chapter 16 Preparation of Final Accounts of Sole Trade

Preparation of Final Accounts of Sole Trade Important Questions

Preparation of Final Accounts of Sole Trade Long Answer Type Questions

Question 1.
What adjustment are done in trading A/c? Prepare a format of trading A/c and show.
Answer:
MP Board Class 11th Accountancy Important Questions Chapter 16 Preparation of Final Accounts of Sole Trade img-1

Question 2.
Show the format of a Balance Sheet with adjustments.
Answer:
Pro forma of Balance Sheet as on ……………………

MP Board Class 11th Accountancy Important Questions Chapter 16 Preparation of Final Accounts of Sole Trade img-2