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Accounting ADC 2025

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Ayesha Mustafa· 4 days ago

BS ZOOLOGY first semester Animal diversity ZOOL 101 - university of Punjab 2025

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Abubakar· 4 days ago

Literary criticism

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Guest· 5 days ago

this paper consists of 60 marks but now we have 35 marks paper.

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Annie· 6 days ago

Can you please tell me more past papers please because my exams are starting from next week

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Ahmed· 9 days ago

Did you provide the past papers of the science of society uos?

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ACCOUNTING PAPER - 1

(Commerce Group - Regular & Privats)

SECTION •C

(DETAILED-ANSWER QUESTIONS) (40 Marks)

Answer any Two questions from this section. All questioce carry equal marks

The following balances taken from the pee-cloving trial balance of Nomn Traders as co Devember 31, 2025:

Cash Rs.45,000, Acccunts Receivable Rs.49,000, Merchandise Inventory (01-01-25) Rs. 18,000, Fumiture Rs.130,000,

Purchases Ra.105,000, Prepaid Iourance R×. 15,000, Salaries Experie 30,000, Sales retars R$.10,000, Driving - Norren

Rs. 12,000, Unearted Conmission Rs. 15,000.

Supplementary Data for Adjusteeats:

นา โnsur

ce unexpired Rc. 10,000

il) 10% Depeeciation was estimated on fumiore

vi) Merchandise Inventory on Dec. 31 Rs. 14,000

Required:

al Preoare an loona Statonent fee the vear ended Decenber

31. 2005

b) Prepare a classified balance sheet as on December 31, 2025.

Take the data contained in question no.8 of this paper and

Required: Prepies Adjusting Entrics and Adjusted Trial Balance co December 31, 2025.

10. CLOSING ENTRIES AND POST CLOSING TRIAL BALANCE:

Take the data contained in question nos of this paper and

Regaired: Propsee Closing Entries and Post-Closing Trial Balsose on December 31, 3025.

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