[CBSE] Q 10 Journal Solution TS Grewal Class 11 (2023-24)
Are you looking for the solution of Question number 10 of Journal chapter TS Grewal class 11 CBSE Board 2023-24?
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.
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