[CBSE] Q 16 Solutions Financial Statements of Sole Proprietorship TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 16 of the Financial Statements of Sole Proprietorship of TS Grewal Book class 11, 2022-23?
Prepare Trading and Profit & Loss Account and Balance Sheet of Jagat as at 31st March, 2022 from the following balances.
| ₹ | ₹ | ||
| Capital (₹) Machinery Sales Purchases Sales Return Stock on 1st April, 2021 Drawings Wages Carriage Inwards | 3,60,000 70,000 8,20,000 4,00,000 10,000 1,00,000 40,000 1,00,000 5,000 | Salaries General Expenses Rent Purchases Return Debtors Cash Carriage Outwards Advertising Creditors | 60,000 20,000 50,000 5,000 3,00,000 40,000 20,000 20,000 50,000 |
Closing Stock was valued at ₹ 2,00,000.
[Gross Profit – ₹ 4,10,000; Net Profit – ₹ 2,40,000; Balance Sheet Total – ₹ 6,10,000.]
Solution:-
Here is the list of all Solutions.
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
| S.N | Solutions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
