[ISC] Q 2 Solution Final Accounts with adjustments TS Grewal Class 11 (2023-24)
Solution of Question number 2 solution of Final Accounts with adjustments TS Grewal class 11 Accountancy ISC Board 2023-24.
Prepare Trading and Profit & Loss Account and Balance Sheet from the following balances, relating to the year ended 31st March, 2023:
| ₹ | ₹ | ||
| Capital Creditors Returns Outward Sales Bills Payable Plant and Machinery Sundry Debtors Drawings Purchases Returns Inward | 1,00,000 12,000 5,000 1,64,000 5,000 40,000 24,000 10,000 1,05,000 3,000 | Wages Bank Repairs Stock on 1st April, 2022 Rent Manufacturing Expenses General Expenses Bad Debts Carriage Fuel and Power | 50,000 10,000 500 20,000 4,000 8,000 7,000 2,000 1,500 1,000 |
Additional Information:
(i) Closing Stock was valued at ₹ 14,500.
(ii) Depreciate Plant and Machinery by ₹ 4,000.
(iii) Write off Bad Debts ₹ 5,000.
(iv) A sum of ₹ 400 is due for repairs.
Solution:-
Here is the list of all solutions of Practical Problems below
| 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 |
