[CBSE] Q 21 Adjustments in Preparation of Financial Statement Solution TS Grewal Class 11 (2025-26)

Solution of Question number 21 of the Adjustments in Preparation of Financial Statements of TS Grewal Book class 11, 2025-26?

Give Journal entries for the following adjustments in final accounts:

(i) Salaries ₹ 5,000 are outstanding.

(ii) Insuarnce amounting to ₹ 2,000 is paid in advance

(iii) ₹ 4,000 for rent have been received in advance.

(iv) Commission earned but not received ₹ 1,000.

(v) Interest on Capital ₹ 1,500.

(vi) Interest on Drawings ₹ 300.

(vii) Write off ₹ 2,000 as further debts.

(viii) Closing Stock ₹ 3,000.

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
26	Question – 26
27	Question – 27
28	Question – 28
29	Question – 29
30	Question – 30

S.N	Solutions
31	Question – 31
32	Question – 32
33	Question – 33
34	Question – 34
35	Question – 35
36	Question – 36
37	Question – 37
38	Question – 38
39	Question – 39
40	Question – 40
41	Question – 41
42	Question – 42
43	Question – 43