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Solution of Q 15 Special Purpose Books II-Other Books TS Grewal Class 11 (2023-24) CBSE

Question 15 of 18Chapter 11Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 15, Chapter 11 Special Purpose Books II – Other Books, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 15

(Adjustment Entries). From the following information available on 31st March, 2023, pass the necessary Adjustment Entries in the Journal for the year ending on that date:

  1. (i) Interest accrued ₹ 2,500.
  2. (ii) Wages for March, 2023 outstanding ₹ 10,000.
  3. (iii) Insurance prepaid ₹ 1,500.
  4. (iv) Commission due to manager 6% on net profit after charging such commission. The profit before charging such commission was ₹ 1,06,000.
  5. (v) Interest due on loan but not paid. Loan of ₹ 1,50,000 was taken at 9% p.a. 9 months before end of the year.
TS Grewal Class 11 Other Books Question 15

Solution

Solution of Q 15 Other Books TS Grewal 2023-24 part 1
Solution of Q 15 Other Books TS Grewal 2023-24 part 2
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Solution of Q 15 Other Books TS Grewal 2023-24 part 3
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About this solution

This is Chapter 11 Special Purpose Books II-Other Books of TS Grewal Edition 2023-24.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

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