[CBSE] Q 17 Solutions Financial Statements of Sole Proprietorship TS Grewal Class 11 (2023-24)
Solution of Question number 17 of the Financial Statements of Sole Proprietorship of TS Grewal Book class 11, 2023-24?
Following are the balances as on 31st March, 2023 extracted from the books of Dass:
| ₹ | ₹ | ||
| Sales Purchases Returns Inward Returns Outward Stock on 1st April, 2022 Carriage Inwards Rent Discount Printing Insurance Travelling Expenses | 9,20,000 6,83,000 13,000 22,000 1,76,000 24,000 22,000 37,500 7,200 5,000 14,000 | Postage and Courier Miscellaneous Expenses Bad Debts Debtors Creditors Loan from Sahil Capital Drawings Business Premises Furniture | 6,200 9,000 4,000 2,20,000 1,28,000 50,000 5,25,000 19,100 3,90,000 15,000 |
The Stock on 31st March, 2023 was valued at ₹ 2,40,000.
Prepare Trading Account, Profit & Loss Account and Balance Sheet as at 31st March, 2023.
[Gross Profit – ₹ 2,86,000; Net Profit – ₹ 1,81,100; Balance Sheet Total – ₹ 8,65,000.]
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 |
