[ISC] Q 3 Solution Final Accounts with adjustments TS Grewal Class 11 (2022-23)

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Are you looking for the Question number 3 solution of Final Accounts with adjustments TS Grewal class 11 Accountancy ISC Board 2022-23?

Following Trial Balance has been drawn from the books of Prasad on 31st March, 2022:

ParticularsDr. (₹)ParticularsCr. (₹)
Machinery
Cash at Bank
Cash in Hand
Wages
Purchases
Stock on 1st April, 2021
Sundry Debtors
Bills Receivable
Rent
Commission
General Expenses
Salaries
40,000
10,000
5,000
10,000
80,000
60,000
44,000
29,000
4,500
2,500
8,000
5,000
Capital
Sales
Sundry Creditors
Interest Received
90,000
1,60,000
45,000
3,000
2,98,0002,98,000

Additional Information:

(i) Outstanding salaries were ₹ 4,500.

(ii) Depreciate Machinery at 10%.

(iii) Wages Outstanding were ₹ 500.

(iv) Stock on 31st March, 2022 ₹ 80,000.

Solution:-

Here is the list of all solutions of Practical Problems below

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