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TS Grewal Solutions for Class 11 Accountancy Chapter 13 – Depreciation

TS Grewal Solutions for Class 11 Accountancy Chapter 13 – Depreciation Question 1. On 1st April, 2012, Shri Ram purchased a machinery costing Rs.40,000 and spent Rs.5,000 on its erection. The estimated effective life of the machinery is 10 years with a scrap valued of Rs.5,000. Calculate the Depreciation on the Straight Line Method and…
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TS Grewal Solutions for Class 11 Accountancy Chapter 12 – Trial Balance

TS Grewal Solutions for Class 11 Accountancy Chapter 12 – Trial Balance Question 1. Solution: Question 2. Solution: Question 3. Solution: Question 4. Solution: Question 5. Solution: Question 6. From the following ledger balances prepare Trial Balance: Capital – Rs.20,800;Rent Outstanding – Rs.1,420;Amount due to Param – Rs.15,000;Drawing – Rs.2,800; Goodwill – Rs.12,000;Interest Received –…
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TS Grewal Solutions for Class 11 Accountancy Chapter 11 – Bank Reconciliation Statement

TS Grewal Solutions for Class 11 Accountancy Chapter 11 – Bank Reconciliation Statement Question 1. Solution: Question 2. Solution: Question 3. On 31st March, 2015, Cash Book showed a balance of Rs.15,000 as cash at bank, but the Bank Pass Book of the same date showed that cheques for Rs.1,850, Rs.1,000 and Rs.1,750 respectively had…
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TS Grewal Solutions for Class 11 Accountancy Chapter 10 – Special Purpose Books II – Other Books

TS Grewal Solutions for Class 11 Accountancy Chapter 10 – Special Purpose Books II – Other Books Question 1. Solution: Question 2. Solution: Question 3. Solution: Question 4. Solution: Question 5. Solution: Question 6. Solution: Question 7. Solution: Question 8. Solution: Question 9. Solution: Question 10. Solution: Question 11. Solution: Question 12. Solution: Question 13.…
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TS Grewal Solutions for Class 11 Accountancy Chapter 9 – Special Purpose Books I – Cash Book

TS Grewal Solutions for Class 11 Accountancy Chapter 9 – Special Purpose Books I – Cash Book Question 1. Solution: Question 2. Solution: Question 3. Solution: Question 4. Solution: Question 5. Solution: Question 6. Record the following transactions in a suitable Cash Book and find out the cash and bank balances: i. Commenced business with…
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TS Grewal Solutions for Class 11 Accountancy Chapter 8 – Journal and Ledger

TS Grewal Solutions for Class 11 Accountancy Chapter 8 – Journal and Ledger Question 1. Solution: Question 2. Solution: Question 3. Solution: Question 4. Solution: Question 5. Solution: Question 6. Solution: Question 7. Solution: Question 8. Solution: Question 9. Solution: Question 10. Journalise the following transactions : i. Paid Rs.2,000 in cash as wages on…
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TS Grewal Solutions for Class 11 Accountancy Chapter 7 – Origin of Transactions – Source Documents and Preparation of Voucher

TS Grewal Solutions for Class 11 Accountancy Chapter 7 – Origin of Transactions – Source Documents and Preparation of Voucher Question 1. Solution: Question 2. Solution: Question 3. Solution: Question 4. Solution: Question 5. Solution: Question 6. Solution: Question 7. Prepare the Debit Voucher for furniture purchased for Rs. 15,000 from Globe Furniture Mart on…
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TS Grewal Solutions for Class 11 Accountancy Chapter 6 – Accounting Procedures – Rules of Debit and Credit

TS Grewal Solutions for Class 11 Accountancy Chapter 6 – Accounting Procedures – Rules of Debit and Credit   Question 1. Following accounts are being maintained in the books of Shri Ashok. Classify them under Assets, Liabilities, Expenses and Revenue Accounts. (i) Land; (ii) Investments; (iii) Building; (iv) Interest Received; (v) Salary;(vi) Bank Overdraft; (vii)…
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TS Grewal Solutions for Class 11 Accountancy Chapter 5 – Accounting Equation

TS Grewal Solutions for Class 11 Accountancy Chapter 5 – Accounting Equation Question 1. Solution: Question 2. Solution: Question 3. Solution: Question 4. What will be the effect of the following on the Accounting Equation? i. Harish started business with cash Rs.18,000 ii. Purchased goods for cash 5,000 and on credit Rs.2,000 iii. Sold goods…
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TS Grewal Solutions for Class 11 Accountancy Chapter 2 – Basic Accounting Terms

TS Grewal Solutions for Class 11 Accountancy Chapter 2 – Basic Accounting Terms   Question 1. Mr. Gopal started business for buying and selling of readymade garments with Rs.8, 00,000 as an initial investment. Out of this he paid Rs.4,00,000 for the purchase of garments and Rs.50,000 for furniture and Rs.50,000 for computers and the…
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