[CBSE] Q 15 Solutions Special Purpose Books II other Book TS Grewal (2023-24)
Question number 15 solution special purpose book II other books TS Grewal class 11 CBSE 2023-24
(Adjustment Entries). From the following information available on 31st March, 2023, pass the necessary Adjustment Entries in the Journal for the year ending on that date:
(i) Interest accrued ₹ 2,500.
(ii) Wages for March, 2022 outstanding ₹ 10,000.
(iii) Insurance Prepaid ₹ 1,500.
(iv) Commission due to manager 5% on net profit after charging such commission. The profit before charging such commission was ₹ 1,06,000.
(v) Interest due on loan but not paid. Loan of ₹ 1,50,0000 was taken at 9% p.a. 9 months before end of the year.
Solution:-
Below is the solutions of all Practical Problems
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
