[CBSE] Q 12 Solutions Financial Statements of Sole Proprietorship TS Grewal Class 11 (2022-23)

Share your love

Are you looking for the solution of Question number 12 of the Financial Statements of Sole Proprietorship of TS Grewal Book class 11, 2022-23?

From the following information, prepare Profit & Loss Account for the year ended 31st March, 2022:

Gross Profit
Rent Salary
Commission Paid
Interest on Loan
Advertisement
Interest Received
Discount Allowed A/c
1,20,000
5,000
35,000
19,000
5,000
8,000
8,000
2,000
Discount Received
Printing and Stationery
Legal Charges
Bad Debts
Loss by Fire
Depreciation
Miscellaneous Income
6,000
4,000
10,000
2,000
6,000
4,000
2,000

[Net Profit – ₹ 36,000.]

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 and can download the Android & ios app for free lectures.

Articles: 5884

Leave a Reply

Your email address will not be published.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

close

Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.

Refresh