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[ISC] Q 1 Journal Solutions TS Grewal Class 11 (2023-24)

Are you looking for the solution of Question number 1 Journal TS Grewal class 11 ISC 2023-24?

Classify the following into Personal, Real and Nominal Accounts:

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(i) Land	(ii) Investments	(iii) Building
(iv) Interest Received	(v) Salary	(vi) Loan
(vii) Bank Overdraft	(viii) Debtors	(ix) Creditors
(x) Purcahses Return	(xi) Bad Debts	(xii) Capital
(xiii) Drawings	(xiv) Depreciation	(xv) Motor Vehicles
(xvi) Freight	(xvii) Wages	(xviii) Goodwill
(xix) Returns Inward	(xx) Repairs

Solution:-

Account	Type
1) Land	Real
2) Investments	Real
3) Building	Real
4) Interest Received	Personal
5) Salary	Nominal Account
6) Loan	Personal Account
7) Bank Overdraft	Personal Account
8) Debtors	Personal Account
9) Creditors	Personal Account
10) Purchases Return	Nominal Account
11) Bad Debts	Nominal Account
12) Capital	Personal Account
13) Drawings	Personal Account
14) Depreciation	Nominal Account
15) Motor Vehicles	Real Account
16) Freight	Nominal Account
17) Wages	Nominal Account
18) Goodwill	Real Account
19) Returns Inward	Nominal Account
20) Repairs	Nominal Account

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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

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