TS Grewal Accountancy Class 11 Solutions Chapter 2 Accounting Equation Question 1. What will be effect of the following on the Accounting Equation? (i) Started business with cash ₹ 45,000 (ii) Opened a Bank Account with a deposit of ₹ 4,500 (iii) Bought goods from M/s. Sun & Co. for ₹ 11,200 Solution: Question 2.…
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TS Grewal Accountancy Class 11 Solutions Chapter 1 Basic Accounting Terms TS Grewal Accountancy Class 11 Solutions Chapter 1 Basic Accounting Terms are part of TS Grewal Accountancy Class 11 Solutions. Here we have given TS Grewal Accountancy Class 11 Solutions Chapter 1 Basic Accounting Terms. Question 1. Mr. Gopal started business for buying…
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TS Grewal Double Entry Book Keeping Class 11 Solutions: Financial Accounting Chapter 1 Basic Accounting Terms Chapter 2 Accounting Equation Chapter 3 Accounting Procedures Rules of Debit and Credit Chapter 4 Origin of Transactions Source Documents and Preparation of Voucher Chapter 5 Journal Chapter 6 Ledger Chapter 7 Special Purpose Books I Cash…
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TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures Question 1. A public limited company is a manufacturer of chemical fertilisers. Its annual turnover is ₹ 50 crores. The company had issued 5,000, 12% Debentures of ₹ 500 each at par. Calculate the amount of Debentures Redemption Reserve which needs to be created…
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TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures Question 1. Vishwas Ltd. issued 2,000; 9% Debentures of ₹ 100 each payable as follows: ₹ 25 on application; ₹ 25 on allotment and ₹ 50 on first and final call. Applications were received for all the debentures along with the application money did…
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TS Grewal Accountancy Class 12 Solutions Chapter 8 Accounting for Share Capital Question 1. Gopal Ltd. was registered with an authorised capital of ₹ 50,00,000 divided into Equity Shares of ₹ 100 each. The company offered for public subscription all the shares. Public applied for 45,000 shares and allotment was made to all the applicants.…
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TS Grewal Accountancy Class 12 Solutions Chapter 7 Company Accounts Financial Statements of Not-for-Profit Organisations Organisations Question 1. From the following particulars of Evergreen club, prepare Receipts and payments Account for the year ended 31st March,2018: Solution: Question 2. How are the following items shown in the accounts of a Not-for-Profit Organisation ? Solution: Question…
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TS Grewal Accountancy Class 12 Solutions Chapter 6 Dissolution of Partnership Firm Question 1. What journal entries would you pass in the following cases? (a) Expenses of realisation ₹ 1,500. (b) Expenses of realisation ₹ 600 but paid by Mohan, a partner. (c) Mohan, one of the partners of the firm was asked to look…
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TS Grewal Accountancy Class 12 Solutions Chapter 5 Retirement / Death of a Partner Question 1. A, B and C were partners sharing profits in the ratio of 1/2, 2/5 and 1/10. Find the new ratio of the remaining partners if C retires. Solution: Question 2. Ram, Mohan and Sohan were partners sharing profits in…
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TS Grewal Accountancy Class 12 Solutions Chapter 4 Admission of a Partner Question 1. X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2 . They admit A into partnership and give him 1/5th share of profits. Find the new profit-sharing ratio. Solution: Question 2. Ravi…
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