H$signmenit Data
Iy InyentotfeS - AS 2
yans o Closing sTecK fan the Stock s Jan 21
aCe-to fIEO 0I FO and weighted avtige method.
No c units Rote Petuntt
10ate Paatiulats
oJ-ol- 2021 Oþening StoL
O5-0 - 2021 Purchased
|4-01-2021
21 -o1- 2021
1
23-6 - 2021
Deing Tan 202 Sold 2400
500 Untts
3000 nits
Add: Porchase cq Maial 350 un'ts
LBoot00+ loo0+5o01
(29 00 Unf ts
less: Qunttty of Material Sald 600 unfts
Clostn¡ stock of Dateîal
IEO Mthod lo0%lo)
stock = (5oD®9) +
|Cost cq closing
sold= (500 X8)+ C8o0x )t(taoX Q)
Cost af aodA t (Q0 Xlo)
= 26,5o
= 240D X1
Salu val 26, 5oD
boss Prohit = 49, 3oo -
= 22,80
Date :.
Page:
LTfO Method
Cost o closing Gtock- (500 xe)+Cioo X4) >49
Sales Vala 2400 Xj T =H4, 3o0
htCAA Pasit = 49.3o - 22, Jon
2.2, 200
Weighted Avesage mthad
Cost a total goads = (5aO x8)t C8 00 X9)
32,000i
+loco t 5on 3500 unfts
3,500tsei Unft
Cost c closmg stock = 6aD
Cost X9-145404
2900 X1d
A6 Prohtt 493 -26 43G0
49.300
=-22, 744
Txate :
Pag:
ffnal AcCounts.
Lu4Tnde Exþenses Ohhice Exhenst lntven Simultahaos|)
á DebeecBate building by 5l; futniture and
machinety by lot þa:
ibTrade exhenses 250 and uwages 3, 5ap haN
not heen haid as yet
it)Aouo inttebt on cahiTal at 5
iyMachintty includea 2,0.000 oa Wag machine
Do20: incude
þuecha &ed on 31 eCembeefnstallation of machine:
5,toD shent on the
þrov'sfon hox doubthul dehtG_ at 54
9) Make
uas vanod at 50,030
tock on 3) Mah 2021
(v$)
,t6,500
05 6, PeD1t NiTo
2100
35100D
0U0
2,50
(apital45,
00 intteÁt
on l0
debT bad 4143 65,I43 Machinty
hor Reseave y 6,0700Autnitye
Retived Discount by n3a1l Ruildingr
Peo7tt (hcoss by Maciation To
5,) 5o |, 5, Peohrt (hroes To
20 6r
25,50D too)| C5,
l6,060 2/500
cto 5STack|
0. Clasing Ry 500 13 Exp Trade Is
ouRtbn
t Ltss
000| 0 , fuahas
, To
ks465,000 2.010
By Gtock
Pasticaans Obe: To
fozticleA
Alc
Pago:
Date
Data
Balena Sh¡t
Liab Lty
4,00, aoh Rulding 60. 00D
() In on Ca 45,000 5t.000
C35,000) futniture 60, 60D
54,gUD
(Li Insuence C3,oo)
6,057 4,13,057 Dochineey &, GD, 0G
4) Nt Proßit
4) Installation 5, Too
C65,143),46, 55t
31ls Poyable 3500a
Ougtandinq wages 16sing Gttoc K 54,000
Gustianding ttadets 2,500.
86, 000 Dhtocs 50,000
ChditoS C2,5oo)4,500
30,000
Cas
Rrlls ReCeiya ble. 6o,000
l6, 34,05
lo,34, 057
Wot Ktgg Vots
Machiny
+) Installotion
B,05,OD
cf machine.
Nous B,o5to0
2,0 5, 70
6, 00, 00D
- bo, 000
Pages
IJuilhation 18 (Purchaseob Nw funitotebor did
1.
Clostng_ Stock wa sValued at E34,220
2
Provisfon Aee Bad Dht ss to be Kept at *50
Alou intttest on Cabttal at lo1þ4
4: Futni tute uLak Qld and the Same weah cihaud
costing
CNo debe Cio tton 'nted be chbotged on old and
5:Dekaci ati on hlont and nachinty by lohQ.
6The þrohate Tox Mt Shyam Lal hea ta Ken
ditai hitod Qaoda uoeth loTs QS S0mhles.
Tata
PaxtiaaAA Paatilana
To Oþening Stock 30.a0 Ry Sales 2, cob
60,CUO
To Puechases 60,a00 26,c65
Puchase Ret c,50)
funitue (420) By Closípg 5tock 34,2 50
Samhlt
E) Daing C5,00O)52, 330
'6.890
60, 220
l,60,220
5GpBy hsoss Prohit 6t,44o
515
l6,000Bi Provision hoc 00
To Tht on ahital 7 80p By Discont Received
IiG00
TO hamhles. 425
To Dks alousd
To 9aleia55o
astioge Outuwatd I 260
To Taxes10, 00D
I Rit R s 2,000
To Aivertiment 29, +40 64,215
69, 215
Tate
Pag:
halaniShait
JLabrlity
Capital loo. 000 Pont 0C6,0UD
C5,co0) Casth
t) Ntrott 2,4o 33, 40
Fyenitute 2,00D
Sunde Ceditos 25,000 ) Aorchase fut. q 20 29 20
1ehto45,000
C5oo) 44, 5G0
Closing StotK 34, 220
168,74o |58, 74o
Iustatien 7 (Yeehatd Tnsutante and Prov
box id Deta)
1. Insitonces boye been hrehatd by I,120
2.
Aeating & L¡hting ehenge is acczued by EI3ka
3. Roteh bQve
hove beenhtthatd by ~ 5435
Th proytsion or bad dohtaiG to be adaust
o6, lj Pao7it Not Th
6,36
Deiiation To
0t4 12, Dets Bpd To
D008
C512) Rovision Oid
223
+35
14,418 435) (5,
TnsuBone
25473 Rats$ Rent To
Oltstanding (t)
2340 I,
),3olo360 Lighting Heating4 To
38,52 veztieng Aà To
5.480 Tduphon
Stationaey Postage, To
count Dis by M1O
tec Qutwad4.562 2, Qasziag To
hross By 306 2,alloud count Dis To
Ptohit
2,54,24
61 Pto7it hcoss To
lo4,44 Tnwadd (aiag To
,830
13403|22,
293 less:Puechase
Retotn
624)| e) 680 35,uecbase To
2,59,8to Soles54by 15.6 Stock Dþtning To
articulA RastialU
lL35 an&Roit
d Trading
Trta
Tate :
Pagt:
Balana Sh¡it
Liabtlit Cash n hand 534
Caital 33,34
Dreirgs ((8, 440)
+) Nt Peokit 6,36+ C63,0 20) 34,40
Dehtors
J 360Dehtors 24,50o
ls Hating &
lighting exh360 C+35) 23 165
CreditotS 19,890 E) Droy
Ptebaid insutance I120
Pre baid Ratca 5,435
Closing Stoc K
43, ol4 43,o14
Data :
Paga:
Einaotial ATtmeats of Not bor Peohit oxganisation
Receiht &foy inesit AlL
Recipts Poy me(ts
Balanad bld,on. Salaits
Subsceiktton [Link] +) Patd bor 2o19500
(9.oU0) 52,500
G,00D q1,000 Tkaintling Ep
6000 G)Pard fo 2o19
To, O00 eols for 20 20 ; (2000)
onationS Pfnt fng Stationeey lio00
I,500
oenenal chatgua
Puiodi calaa
Balonce cld bo, 5or0
, 27, 5o0
1,24,50D
Balana Sht
Liabilities.
ACcumuatd fund: Shoets eqruihtet 20,000
Ohening Ral: t2,.5oo Itmuna l00, 0UD
50, O7162,22, 5oo &ors
Subsceißtion Reci vable
6o500
Outptanding (losing Balon
2000
Rent 2,8,5o0
5alaina 2,28,50O
Date:
Page
Question 2
Reteibts Ponnts AlL.
Receipts Pay nen ts
3,150 Salaies 3,5o0
Substatbtions550 ey Advance (o19 (3 00)
325
t) 0I6C20 26) C50o) t 0l5-( 2019) 200
e ol5 C2020) Ci50)3,50
C4o%)4,)25
DonatioDS bi. 2,6UD,60o + 30o - 3500
Rent 3000
2.5o0 Sundey Eaþense T50
19, 675
alenti CLd 5.65
1,675
WoeKingNotes
1
is only Elao uehirh is one thiud aA the
totaHen total eitnenà Qu ined
=3,9D
2, 50 19,7 22,
hand nash
Ban Cash
at
0
Iavest Acctued
,0U B, Investmet
250) (6.
30.000 Futnitue 4B.900
(93co) D,0D,CUD bocks Dobation
kot
00
2,0,024.0U0Lsabroy
Book
C50,600) Less:
D 75o 44,
benahalfynd
hat balana
o15,D 64,
4.44.75o
43,000 nitutt fut on al lon
hulAing
Tntvuat AccAued ,04,250 50,
(htents hov 460000 0 Baoks
Receipts hisc 250 (8250t6e)
1, futniture
0 Depeiation
Rent 24,g00
32000 Expenses hnshal
,00 Statianuy DrintR
ihg
3,60,00D [Link],49.0co
fecs Tuttion
00
4Ebenditute
IncomeAc Exptndttute.
Inone
Question3
Page:
Datu :
