Samacheer Kalvi Class 12 Accountancy Chapter 1: Accounts from Incomplete Records

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Chapter 1: Accounts from Incomplete Records

Book Back Sums with Solutions

Question 10:

Find out credit sales from the following information:

Debtors on 1st April 2018: Rs. 100,000;

Cash received from debtors: Rs. 230,000;

Discount allowed: Rs. 5,000;

Returns inward: Rs. 25,000;

Debtors on 31st March 2019: Rs. 120,000.

Answer: 

Credit Sales: Rs. 2,80,000.

Step-by-Step Solutions:

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🔗 Download PDF: Book Back Sums 10 - 13 Solutions

🎥 Video Explanation:

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Question 11:

From the following details, find out total sales made during the year.

Debtors on 1st January 2018: Rs. 130,000;

Cash received from debtors during the year: Rs. 420,000;

Sales returns: Rs. 35,000;

Bad debts: Rs.15,000;

Debtors on 31st December 2018: Rs. 200,000;

Cash Sales: Rs. 460,000

Answer: 

Credit Sales = Rs. 5,40,000; Total Sales = Rs.10,00,000.

Step-by-Step Solutions:

Download the complete step-by-step solution below.

🔗 Download PDF: Book Back Sums 10 - 13 Solutions

🎥 Video Explanation:

Watch the complete step-by-step solution on YouTube.

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Question 12:

From the following particulars, prepare the bills receivable amount and compute the bills received from the debtors.

Bills receivable at the beginning of the year: Rs. 140,000;

Bills receivable at the end of the year: Rs. 200,000;

Cash received for bills receivable: Rs. 390,000;

Bills receivable dishonoured: Rs. 30,000;

Answer: 

Bills Receivable during the year = Rs.4,80,000.

Step-by-Step Solutions:

Download the complete step-by-step solution below.

🔗 Download PDF: Book Back Sums 10 - 13 Solutions

🎥 Video Explanation:

Watch the complete step-by-step solution on YouTube.

▶️ Watch Video: Watch the detailed solution on YouTube.

Question 13:

From the following particulars, calculate total sales.

Debtors on 1st April 2018: Rs.250,000;

Bills receivable dishonored: Rs. 15,000;

Bills receivable on 1st April 2018: Rs. 60,000;

Returns inward: Rs. 50,000;

Cash received from debtors: Rs. 725,000;

Bills receivable on 31st March, 2019: Rs. 90,000;

Cash received for bills receivable: Rs. 160,000;

Sundry debtors on 31st March, 2019: Rs. 240,000;

Bad debts: Rs. 30,000; Cash sales: Rs. 315,000.

Answer: Bills Receivable during the year: Rs. 2,05,000;

Credit sales: Rs. 9,85,000; Total sales: Rs.13,00,000.

Step-by-Step Solutions:

Download the complete step-by-step solution below.

🔗 Download PDF: Book Back Sums 10 - 13 Solutions

🎥 Video Explanation:

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▶️ Watch Video: Watch the detailed solution on YouTube.

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