[CBSE] Q 11, 12 Journal Solution TS Grewal Class 11 (2025-26)
Are you looking for the solution of Question number 11 and 12 of Journal chapter TS Grewal class 11 CBSE Board 2025-26?
Q. 11. Pass Journal entries for the following adjustment on 31st March, 2023:
(i) Interest due but not received ₹ 10,000.
(ii) Salaries due to staff ₹ 50,000.
(iii) Out of the rent paid this year, ₹ 5,000 is for the next year.
(iv) Provide 10% depreciation on Furniture costing ₹ 1,00,000.
(v) Goods used in making Furniture (Sale Price ₹ 5,000; Cost ₹ 4,000).
(vi) Received commission of ₹ 20,000 by cheque, half of which is in advance.
(vii) Allow interest on capital ₹ 8,000.
(viii) Charge interest on drawings ₹ 1,500.
Solution:-
Q. 12. Following balances existed in the books of M/s Anand stores as on 1st April, 2022:
| Assets: | Cash ₹ 60,000; Bank ₹ 40,000; Stock ₹ 1,50,000; Furniture ₹ 43,000; Debtors ₹ 1,45,000 (X ₹ 35,000; Y ₹ 50,000; Z ₹ 60,000). |
| Liabilities: | Loan from Vikas ₹ 60,000; Creditors ₹ 52,500 (A ₹ 22,500; B ₹ 30,000). |
Pass necessary Journal entry to record the above balances.
[Capital – ₹ 3,25,500.]
Solution:-
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