Question No 14 Chapter No 18 – T.S. Grewal 11 Class

Question No 14 Chapter No 18

Question No 14 Chapter No 18

14. From the following particular, prepare Balance Sheet as at 31st March, 2018:

  Dr Cr
Capital 4,00,000
Drawings 44,000
Debtors and Creditors 64,000 42,000
Cash in Hand 3,600
Cash at Bank 72,000
Plant 1,00,000
Furniture 37,000
Net Profit 16,600
General Reserve 10,000
Closing Stock 1,48,000
Total 4,68,600 4,68,600

 

The solution of Question No 13 Chapter No 18:-

Balance Sheet
as on March 31, 2018
Liabilities
Amount Assets
Amount
Capital 4,00,000   Plant   1,00,000
Less: Drawings 44,000   Furniture   8,000
Add: Net Profit 16,600 3,72,600 Closing Stock   1,48,000
General Reserve   10,000 Debtors   64,000
Creditors   42,000 Cash at Bank   72,000
      Cash in Hand   3,600
    4,24,600     4,24,600



Final Accounts: Definition and Explanation

Profit and Loss Account: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

    • Chapter No. 1 – Introduction to Accounting
    • Chapter No. 2 – Basic Accounting Terms
    • Chapter No. 3 – Theory Base of Accounting, Accounting Standards and International Financial Reporting Standards(IFRS)
    • Chapter No. 4 – Bases of Accounting
    • Chapter No. 5 – Accounting Equation
    • Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
    • Goods and Services Tax(GST)
    • Chapter No. 7 – Origin of Transactions – Source Documents and Preparation of Vouchers
    • Chapter No. 8 – Journal
    • Chapter No. 9 – Ledger
    • Chapter No. 10 – Special Purpose Books I – Cash Book
    • Chapter No. 11 – Special Purpose Books II – Other Books
    • Chapter No. 12 – Bank Reconciliation Statement
    • Chapter No. 13 – Trial Balance
    • Chapter No. 14 – Depreciation
    • Chapter No. 15 – Provisions and Reserves
    • Chapter No. 16 – Accounting for Bills of Exchange
    • Chapter No. 17 – Rectification of Errors
    • Chapter No. 18 – Financial Statements of Sole Proprietorship
    • Chapter No. 19 – Adjustments in preparation of Financial Statements
    • Chapter No. 20 – Accounts from incomplete Records – Single Entry System
    • Chapter No. 21 – Computers in Accounting
    • Chapter No. 22 – Accounting Software – Tally
    • Chapter No. 5 – Accounting Equation
    • Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
    • Goods and Services Tax(GST)
    • Chapter No. 8 – Journal
    • Chapter No. 9 – Ledger
    • Chapter No. 10 – Special Purpose Books I – Cash Book

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T.S. Grewals Double Entry Book Keeping - Question No 14 Chapter No 18 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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