[ISC] Q 20 Journal Solutions TS Grewal Class 11 (2023-24)
Are you looking for the solution of Question number 20 Journal TS Grewal class 11 ISC 2023-24?
Record the following transactions in the Journal of Ashoka Furniture Traders, Ludhiana (Punjab):
| 2022 Jan. 1 | Started business with cash | 50,000 |
| Jan. 2 | Opened a Current Account by personal cheque | 3,50,000 |
| Jan. 10 | Purchased machinery against cheque | 1,00,000 |
| Jan. 15 | Paid wages for installation of machinery | 2,000 |
| Jan. 20 | Purchased timber from Singh & Co. Ludhiana (Punjab) at the list price of ₹ 20,000 less 10% trade discount | |
| Jan. 25 | Out of the above, timber used for furnishing the office | 5,000 |
| Jan. 31 | Sold timber to Rakesh on the list price of ₹ 10,000 and allowed him 10% trade discount | |
| Feb. 10 | Issued a cheque to Singh & Co. in settlement | 17,500 |
| Feb. 15 | Received from Rakesh in full and final settlement | 8,750 |
| Feb. 20 | Paid fee to lawyer | 15,000 |
| Feb. 25 | Issued a cheque for rent of February | 5,000 |
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 |
