[CBSE] Q 12 Journal Solution TS Grewal Class 11 (2023-24)
Are you looking for the solution of Question number 12 of Journal chapter TS Grewal class 11 CBSE Board 2023-24?
Pass Journal entries for the following transactions:
(a) Pankaj started business with cash ₹ 2,00,000 and Bank ₹ 8,00,000.
(b) Bought a machinery for ₹ 25,00,000 by making a down-payment of 10%.
(c) Paid ₹ 48,000 as wages for installation of machine.
(d) Bought goods from Chhabra Bros. ₹ 3,00,000.
(e) Withdrawn from bank ₹ 50,000.
(f) Repaid bank loan ₹ 35,000 including interest of ₹ 3,000.
(g) Sold goods to Samuel ₹ 40,000.
(h) Received from Samuel ₹ 39,750, discount allowed ₹ 250.
(i) Paid rent of ₹ 37,500 by cheque.
(j) Provide depreciation on machinery at 15% per annum.
Solution:-
Below are the links of all solutions
| 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 |
