[ISC] Q 4 Journal Solutions TS Grewal Class 11 (2024-25)
Solution of Question number 4 Journal TS Grewal class 11 ISC 2024-25.
On which side will the decrease in the following accounts be recorded? Also, mention the nature of the account:
(i) Cash
(ii) Bank Overdraft
(iii) Outstanding Salary Paid
(iv) Outstanding Rent
(iv) Outstanding Rent
(vi) Sunil, Proprietor of the Business
Solution:-
| Account Name | Side (Decreases) |
| 1) Cash | Credit (Assets) |
| 2) Bank Overdraft | Debit (Liability) |
| 3) Outstanding Salary Paid | Debit (Liability) |
| 4) Outstanding Rent | Debit (Liability) |
| 5) Prepaid Insurance | Credit (Assets) |
| 6) Sunil, Proprietor of the Business | Debit (Liability) |
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 |
