[ISC] Q 17 Journal Solutions TS Grewal Class 11 (2022-23)

Are you looking for the solution of Question number 17 Journal TS Grewal class 11 ISC 2022-23?

Journalise the following transactions in the books of Vijay Furniture, Delhi:

(i) Sold goods costing ₹ 1,50,000 to Asha at a profit of 20% on sales less 10% Trade Discount. Paid cartage of ₹ 1,250 to be charged from Asha.

(ii) Goods sold to Mohan costing ₹ 75,000 at a Trade Discount of 10% and paid cartage of ₹ 750 (not to be charged from customer).

(iii) Received ₹ 1,000 from Sohan, which were written off as bad debts in previous year.

(iv) Purchased a machinery on credit for ₹ 75,000 from usha Tools Ltd. paid ₹ 10,000 for its loading and ₹ 2,500 for its installation.

(v) Used timber of ₹ 20,000 for making office furniture.

(vi) Timber costing ₹ 10,000 were used by the owner in making furniture to be used at his residence.

Solution:-

Below is the list of all the Practical problems

S.N	Solutions
1	Question – 1
2	Question – 2
3	Question – 3
4	Question – 4
5	Question – 5
6	Question – 6
7	Question – 7
8	Question – 8
9	Question – 9
10	Question – 10

S.N	Solutions
11	Question – 11
12	Question – 12
13	Question – 13
14	Question – 14
15	Question – 15
16	Question – 16
17	Question – 17
18	Question – 18
19	Question – 19
20	Question – 20

S.N	Solutions
21	Question – 21
22	Question – 22
23	Question – 23
24	Question – 24
25	Question – 25
26	Question – 26
27	Question – 27
28	Question – 28