CA Foundation doubt
Plz solve

Asked by Shivam23 Nov 2025911 views
CA Foundation doubt

Asked by Shivam23 Nov 2025911 views
Naveen · 23 Nov 2025
Answer: Gross Profit = ₹21,552 Net Profit is = ₹18,940 Balance Sheet ₹39,000. Is It Right I Solve In Rough
Shivam · 23 Nov 2025
Here are the adjustments 1. Stock on 31st March 2023 was Rs 6,000 2. Write off further Rs 600 for bad debts and maintain a provision for bad debts at 5% on data 3. Goods costing Rs 1,000 were sent to customer for Rs 1,200 on 30th March 2023 on sale or return basis. This was recorded as actual sales. 4. Received Rs 2,000 worth of goods on 28th March 2023 but the invoice of purchase was not recorded in Purchase Book. 5. Rs 2,40 paid as rent of the office were debited to landlord account and were included in the list of debtors. 6. General manager is to be given commission at 10% of net profit after charging the commission of the work manager and his own. 7. Work manager is to be given commission at 12% of net profit before charging the commission of general manager and his own.
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