Financial statements with adjustment class 11
WebDec 1, 2024 · Financial Statements 2 Class 11 MCQs Questions with Answers Question 1. Outstanding Expenses are related to- (a) Current year (b) Next year (c) Last year (d) None of these. Answer Question 2. Prepaid expenses are shown in- (a) Liability side (b) Asset side (c) Assets or Liability side (d) None of these. Answer Question 3. Charity of goods is- WebApr 6, 2024 · Adjustment: If Interest on Deposits is given outside the trial balance: In such case, two entries will be passed- It is shown in the Cr. side of the Profit & Loss A/c. (It is income for the business) Amount of Interest on Deposits is added to the Bank Deposits in the Assets side of the Balance Sheet.
Financial statements with adjustment class 11
Did you know?
WebClass 11 : ACCOUNTS FINANCIAL STATEMENTS WITHOUT ADJUSTMENTS - CONCEPT CA Parag Gupta 347K subscribers Subscribe 6.7K 345K views 4 years ago Class 11th : ACCOUNTS Full Syllabus Download... WebThis page contains the CBSE accountancy class 11 chapter 10, Financial Statements – II Numerical questions Solutions . You can find the questions/answers/solutions for the chapter 10 of CBSE class 11 accountancy in this page. So is the case if you are looking for CBSE class 11 Commerce related topic Financial Statements – I Numerical Questions
WebFinancial statements with adjustments Class - 11 Accountancy This is the second part of the video...!! Financial statements Accounts class 11 Financial Statements ...
WebDec 1, 2024 · TS Grewal Accountancy Class 11 Solutions Chapter 15 Financial Statements of Sole Proprietorship Question 1. State whether the following expenses are capital or revenue in nature: (i) Expenses on whitewashing and painting of a building purchased to make it ready for use. (ii) ₹ 10,000 spent on construction platform for a new … WebNov 30, 2024 · TS Grewal Accountancy Class 11 Solutions Chapter 14 Adjustments in Preparation of Financial Statements are part of TS Grewal Accountancy Class 11 Solutions. Here we have given TS Grewal …
WebJul 19, 2024 · Financial Statements 2 Class 11 MCQs Questions with Answers Choose the correct option. Question 1. Rahul’s trial balance provide you the following information: Debtors – Rs. 80,000 Bad debts – Rs. 2,000 Provision for bad debts – Rs. 4,000 It is desired to maintain a provision for bad debts of Rs. 1,000.
WebJan 20, 2024 · Financial statements with Adjustments Class 11 Part 1. In this video we are discussing about : Financial Statements with adjustments Class 11 … buster bear busWebFinancial statements with adjustments Class - 11 Accountancy This is the second part of the video...!! Financial statements with adjustments class - ... buster beagle mkii injection molding machineWebThere are numerous concepts in Accountancy, but the concepts of Trial Balance, Depreciation and Bank Reconciliation Statement (BRS) are … cc folder sims fileWebApr 6, 2024 · CBSE Class 11 Accountancy is comprised of a total of 15 chapters, i.e. Introduction to Accounting, Theory Base of Accounting, Recording of Transaction - I, … buster bear warner brosWebApr 6, 2024 · A Computer Science portal for geeks. It contains well written, well thought and well explained computer science and programming articles, quizzes and practice/competitive programming/company interview Questions. cc folder in outlookWebAdjustments: Charge depreciation on Land and Building at 2½%, Plant and Machinery Account at 10% and on furniture and fixture at 10%. Make provision of 5% on debtors for doubtful debts, carry forward the following unexpired amounts: i. Fire insurance Rs.125. ii. Rates and taxes Rs.240. iii. Apprentice premium Rs.400. iv. Closing stock Rs.29,390. ccfolia boothWebFeb 14, 2024 · Financial Statements – I class 11 Notes Accountancy. Download CBSE class 11th revision notes for Chapter 9 Financial Statements – I class 11 Notes … ccf onbase login