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Solution of Q 2 Accounts from Incomplete Records-Single Entry System TS Grewal Class 11 (2023-24) CBSE

Question 2 of 17Chapter 20Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 2, Chapter 20 Accounts from Incomplete Records – Single Entry System, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 2

Ramesh does not maintain the proper records of his business, he gives you the following information: Opening Capital ₹ 1,00,000; Closing Capital ₹ 1,25,000; Drawings during the year ₹ 30,000; Capital added during the year ₹ 37,500. Calculate the profit or loss for the year.

TS Grewal Class 11 Incomplete Records Question 2

Solution

Solution of Q 2 Incomplete Records TS Grewal 2023-24
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About this solution

This is Chapter 20 Accounts from Incomplete Records-Single Entry System 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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