TS Grewal Accountancy Class 11 Solutions Chapter 6 Ledger Question 1. On 1st April, 2018, Mohit started business with a capital of ₹ 50,000. He made the following transactions: You are required to journalise the above transactions and show the respective Ledger accounts. Solution: Question 2. Suresh, Kanpur commenced business on 1st January, 2018 introducing…
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TS Grewal Accountancy Class 11 Solutions Chapter 5 Journal Question 1. Journal Without Goods and Services Tax (GST) Following transactions of Ramesh for April,2018 are given below. Journalise them. Solution: Question 2. Journalise the following transactions of Mr. Rahul: Solution: Question 3. Journalise the following transactions in the books of M/s. R.K. &…
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TS Grewal Accountancy Class 11 Solutions Chapter 4 Origin of Transactions Source Documents and Preparation of Voucher Question 1. The following transactions took place in M/s. Goodluck Computers. Prepare the Accounting Vouchers: Transactions marked with * are subject to levy of CGST and SGST @ 6% each. Solution: Question 2. Prepare the Accounting Vouchers for…
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TS Grewal Accountancy Class 11 Solutions Chapter 3 Accounting Procedures Rules of Debit and Credit Question 1. Following accounts are being maintained in the books of Shri Ashok. Classify them into Personal, Real and Nominal Accounts: (i) Land and Building (ii) Excise Duty (iii) Creditors (iv) Capital (v) Motor Vehicles (vi) Goodwill (vii) Investments (viii)…
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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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