[CBSE] Q 12 Adjustments in Preparation of Financial Statement Solution TS Grewal Class 11 (2025-26)

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Solution of Question number 12 of the Adjustments in Preparation of Financial Statements of TS Grewal Book class 11, 2025-26?

Following is the extract of Trial Balance as on 31st March, 2025:

Heads of AccountsDr. (₹)Cr. (₹)
Debtors1,20,000

Adjustment: Create a Provision for Doubtful Debts @ 5% on Debtors.

Pass necessary entries and show these items in the Profit & Loss Account and the Balance Sheet.

Solution:-

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