Prepare the trading and profit and loss account and balance sheet of M/s Control Device India on March 31, 2014 from the following balance as on that date. This page contains the CBSE accountancy class 11 chapter 10, Financial Statements – II Numerical questions Solutions .You can find the questions/answers/solutions for the chapter 9 of CBSE class 11 accountancy in this page. 10. Solution: Question 2. All Adjustments in Preparation of Financial Statements Exercise Questions with Solutions to help you to revise complete Syllabus and Score More marks. Solution: Question 4. Practice Financial Statements - II sample question papers online to score high in school board exams. Depreciation on Plant and Old Machinery, Trading and Profit and Loss Account of M/s Indian Sports House for the year ending, To Depreciation on Furniture and Fixtures, To Depreciation on Plant and Old Machinery, Balance Sheet of M/s Indian Sports House as on, New Provision (Provision for Doubtful Debts). The Manager is entitled to a commissiion @ 5% on net profit, Trading and Profit and Loss Account of M/s Keshav Electronics Ltd. for the year ending, Balance Sheet of M/s Keshav Electronics Ltd as on. Chapter 1 Financial Statements – I; Chapter 2 Financial Statements; Chapter 3 Accounts from Incomplete Records; Chapter 4 Accounting for Not-for-Profit Organisation; Make a provision for bad debts @ 5% on sundry debtors. 6. Solution: Question 7. 2. Solution: Question 3. 11. (a) Interest on drawings @ 7% and interest on capital @ 5%. The following balances have been extracted from the trial of M/s Haryana Chemical Ltd. You are required to prepare a trading and profit and loss account and balance sheet as on March 31, 2014 from the given information. NCERT Solutions for class 11 Commerce Accountancy solved by subject matter experts. Free PDF download of TS Grewal Accountancy Class 11 Solutions Chapter 14 Adjustments in Preparation of Financial Statements solved by Expert Teachers as per NCERT (CBSE) Book guidelines. 1. This document is highly rated by Commerce students and has been viewed 32961 times. 1. Trading and Profit and Loss Account of M/s Shine Ltd. for the year ending. myCBSEguide provides sample papers with solution, test papers for chapter-wise practice, NCERT solutions… If you have any query regarding TS Grewal Accountancy Class 11 Solutions Chapter 15 Financial Statements of Sole Proprietorship, drop a comment below and we will get back to you at the earliest. Closing stock was valued at the end of the year ₹ 20,000. Solution: Question 5. Depreciation charged on furniture and fixture @ 5%. ii. DK Goel Solutions for Class 11 is considered to be the most helpful study tool for the students pursuing their Class 11. Class 11 Accounts Part 2 Chapter 2 NCER Solutions updated. Need for Adjustments. Solution: Question 5. A Machine of ₹ 30,000 was purchased on July 01, 2013. 7. Solution: Question 6. PDF download free. Maintain provision for bad debts 10%. 3. Discount on debtors ₹ 500 and make a provision on debtors @ 5%. NCERT Solutions for Class 11 Accountancy Part 2. The following additional information is available : 2. Solution: Question 4. 1. TS Grewal Solutions for Class 11 Accountancy Chapter 20 – Financial Statements of Not-for-Profit Organisations Question 1. Depreciation on plant and machinery charged at 5% and land and building at 10%. Commission received in advance ₹ 1,000. Solution: Question 2. Make a provision of @ 5% on sundry debtors. All the solutions of Financial Statements of Sole Proprietorship - Accountancy explained in detail by experts to help students prepare for their CBSE exams. End of the firm: further bad debts @ 5 % and land and Machinery @ 5.... 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