[CBSE] Q 15 Adjustments in Preparation of Financial Statement Solution TS Grewal Class 11 (2025-26)

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Solution of Question number 15 of the Adjustments in Preparation of Financial Statements of TS Grewal Book class 11, 2025-26?

Trial Balance of Manish gives the following information:

Heads of AccountsDr. (₹)Cr. (₹)
Debtors2,50,000
Bad Debts2,500
Discount Allowed4,500

Provision for Doubtful Debts is to be @ 10% on debtors and a Provision for Discount @ 2% on debtors. Show how the adjustment will be shown in the Final Accounts.

Solution:-

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