[CBSE] Q 10 Solutions Financial Statements of Sole Proprietorship TS Grewal Class 11 (2022-23)

Share your love

Are you looking for the solution of Question number 10 of the Financial Statements of Sole Proprietorship of TS Grewal Book class 11, 2022-23?

From the following figures, calculate Operating Profit:

Net Profit1,00,000
Gain on Sale of Machine15,000
Donation2,000
Rent Received10,000
Interest on Loans20,000

[Operating Profit – ₹ 97,000.]

[Hint: Operating profit = Net Profit – Rent Received – Gain on Sale of Machine + Interest on Loan + Donation (Being Non-Opearting Expnese).]

Solution:-

Here is the list of all Solutions.

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
S.NSolutions
21Question – 21
22Question – 22
23Question – 23
24Question – 24
25Question – 25
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7286

Leave a Reply

Your email address will not be published. Required fields are marked *

x