Que 10 Financial statement of Sole Proprietorship With Adjustments for class 11 | Final Accounts

#tsgrewalsolutions #financialstatementswithadjustments #solution10 #tsgrewalsolutions #zafarsir Que 10 Financial statement of Sole Proprietorship With Adjustments for class 11 | Final Accounts Question 10 solution Following balances appear in the Trial Balance of a firm as on 31st March, 2022: Prepare Trading and Profit and Loss Account for the year ended 31st March, 2019 and Balance Sheet as at that date after taking into account the following adjustments: (i) Depreciate Land and Building @ 6%, Plant and Machinery @ 10%, Office equipments @ 20% and Furniture and Fixtures @ 15%. (ii) Calculate Provision for Doubtful Debts at 2% on Sundry Debtors. (iii) Insurance premium includes ₹ 250 Insurance Premium paid in advance. (iv) Provide salary to Shubho ₹ 15,000 p.a. (v) Outstanding Salaries ₹ 11,500. (vi) 10% of the final profit is to be transferred to General Reserve. Subject: Accounts ✓Class:11th ✓Book: Ts Grewal double Entry Book Keeping ✓Chapter: Financial statement of Sole Proprietorship with Adjustments or Final Accounts with Adjustments ✓Chapter Number: 19 ✓Main Topic: Preparation Trading account following balances appear in the Trial Balance of a firm as on 31st March, 2022: ✓Question :Solution Question 10 solution Financial statements with Adjustments Following balances appear in the Trial Balance of a firm as on 31st March, 2022: ✓ Teacher: Zafar Sir This video is related to solution of question 10 of Financial statements of sole proprietorship with adjustment chapter number 19. Ts Grewal Solution Class 12 CBSE 2019-20 Ts Grewal Solution Class 12 CBSE 2020-21 Ts Grewal Solution Class 12 CBSE 2021-22 Ts Grewal Solution Class 12 CBSE 2022-23 for more question please visit on https://mcqpdfnotes.com/