[ISC] Q 15, 16 Journal Solutions TS Grewal Class 11 (2026-27)
Solution of Question number 15 and 16 Journal TS Grewal class 11 ISC 2026-27
Q. 15. On 1st April, 2023, the position of Rahman was as follows:
Cash in Hand ₹ 11,200; Cash at Bank ₹ 2,57,600; Bills Receivable ₹ 68,800; Jai Ram (Dr.) ₹ 16,000; Ram Kumar (Dr.) ₹ 48,080; Office Furniture ₹ 52,800; Stock in Trade ₹ 4,16,000; Doulat Ram (Cr.) ₹ 1,74,720, Hari Ram (Cr.) ₹ 2,16,960; Bills Payable ₹ 80,000.
What was the amount of Rahman’s capital on this date? Show the Journal entry to Open his Books.
Solution:-
Q. 16. On 1st April, 2023, the position of Murari Bros. was as follows:
Stock ₹ 2,88,000; Bills Payable ₹ 48,000; Cash at Bank ₹ 2,16,000; Plant and Machinery ₹ 1,20,000; Debtors ₹ 60,000; Creditors ₹ 96,000; Investment ₹ 2,40,000, Loan from Ganesh ₹ 1,80,000.
What was the amount of capital of M/s Murari Bros. on that date? Show an opening Journal entry.
Solution:-
