[CBSE] Q 14 Solutions Financial Statements of Sole Proprietorship TS Grewal Class 11 (2023-24)
Solution of Question number 14 of the Financial Statements of Sole Proprietorship of TS Grewal Book class 11, 2023-24?
From the following information, prepare Balance Sheet as at 31st March, 2023 arranging the assets and liabilities – (i) in order of permanence and (ii) in order of liquidity:
| ₹ | ₹ | ||
| Goodwill Capital Liabilities for Expenses Cash in Hand Investment Bank Loan Net Profit Sundry Debtors Land and Building | 20,000 1,80,000 1,200 1,000 20,000 10,700 92,600 50,000 60,000 | Bank Sundry Creditors Furniture Plant and Machinery Provision for Doubtful Debts Closing Stock Furniture Drawing | 20,000 63,000 13,000 40,000 2,500 80,000 16,000 30,000 |
[Balance Sheet Total – ₹ 3,17,500.]
Solution:-
Here is the list of all Solutions.
| 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 |
| 19 | Question – 19 |
| 20 | Question – 20 |
| S.N | Questions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
