Category TS Grewal Class 11 TS Grewal Class 11 243 Questions 13 Sub CategoriesAccounting Equation(32)Bills of Exchange(41)BRS(53)Cash Book(43)Depreciation(57)Financial Statement (With Adjustment)(39)Financial Statements (Without Adjustment)(46)GST(12)Incomplete Records(15)Journal(53)Other Book(15)Rectification(84)Trial Balance(16) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Ajay commenced business on 1st April, 2021 with a capital of ₹ 10,000. He immediately bought furniture and fixtures for ₹ 2,000 106 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Raj commenced business on 1st April, 2022 with a capital of ₹ 1,00,000. He immediately bought furniture and fixture for ₹ 20,000 132 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Following information is supplied to you by a shopkeeper: 145 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans From the following information relating to the business of Yug, who keeps books on Single Entry System, ascertain the profit or loss for the year ended 31st March, 2023 132 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Kumaran, a trader, does not keep proper books of account, However, he furnishes you the following particulars: 140 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Angad keeps his books on Single Entry System He gives the following information: 126 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans X, a retailer, has not kept proper books of account but it has been possible to obtain the following details: 141 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans On 1st April, 2022, Shiv started a business with ₹ 40,000 as his capital. On 31st March, 2023, his position was as follows 129 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Kuldeep, a general merchant, keeps his accounts on Single Entry System. He wants to know the results of his business on 31st March, 2023 and for that the following information is available 128 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Shiv maintains his books of account on Single Entry System. His books provide the following information 111 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Prashad keeps his books on Single Entry System, and from them and the particulars, supplied, the following figures were gathered on 31st March, 2023 107 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Kapil started his business on 1st April, 2022 with a Capital of ₹ 10,000. On 31st March, 2023, his assets were: 113 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Ranjeet maintains books of account on Single Entry System. He gives you the following information: 96 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans Capital of Gaurav in the beginning of the year was ₹ 70,000. During the year his business earned a profit of ₹ 20,000 100 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans The following information of an accounting year is given: Opening Capital ₹ 60,000; Drawings ₹ 5,000; Capital added during the year ₹ 10,000 and Closing Capital ₹ 90,000 104 viewsAnurag Pathak Changed status to publish October 28, 2023Incomplete Records 0 Votes 1 Ans A Trial Balance disclosed a difference of ₹ 217 placed on the credit side of the Suspense Account. Later on the following errors were located 148 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The Trial Balance extracted from the books of Anil on 31st March, 2022 did not agree. The difference was transferred to a Suspense Account 181 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans An accountant while balancing his books found that there was a difference of ₹ 860 in the Trial Balance 161 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The Trial Balance of M/s. Gupta & Sons shows a difference of ₹ 52,200. To prepare the Final Accounts on 31st March, 2022, this difference is placed in a Suspense Account 207 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans You are presented with a Trial Balance showing a difference which has been carried to the Suspense Account and the following errors are subsequently identified 208 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 1 2 3 … 25 26 Next » Question and answer is powered by anspress.net
