[CBSE] Q 13 Solutions Special Purpose Books II other Book TS Grewal (2022-23)

Share your love

Question number 13 solution special purpose book II other books TS Grewal class 11 CBSE 2022–23

(Closing Entries). Given the necessary entries in the Journal Proper of Ram on 31st March, 2022 to close his books:

Freehold Premises ₹ 30,000; Plant and Machinery ₹ 20,000; Sundry Debtors – ₹ 25,000; Purchases ₹ 37,500; Sales ₹ 95,000; Discount (Dr.) ₹ 150; Discount (Cr.) ₹ 175; Sundry Creditors ₹ 12,500; Carriage Inwards ₹ 375; Carriage Outwards ₹ 600; Furnitrue and Fixtures ₹ 2,500; Wages ₹ 5,000; Bad Debts ₹ 750; Salaries ₹ 3,600; Commission (Cr.) ₹ 2,125; Capital Account ₹ 25,000; Bills Payable ₹ 7,500; Bills Receivable ₹ 9,000. Trade Expenses ₹ 2,550; Opening Stock ₹ 22,075; Closing Stock ₹ 10,000; Ram’s Loan Account ₹ 20,000; Cash in Hand ₹ 75; Cash at Bank ₹ 3,125.

Solution:-

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: 7157

Leave a Reply

Your email address will not be published.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

x