[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(e) Withdrawn from bank ₹ 50,000.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

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
21	Question – 21
22	Question – 22
23	Question – 23
24	Question – 24
25	Question – 25