[CBSE] Q 13 Journal Solution TS Grewal Class 11 (2023-24)

Are you looking for the solution of Question number 13 of Journal chapter TS Grewal class 11 CBSE Board 2023-24?

Pass Journal entries for the following transactions:

(a) Aakash started business with cash ₹ 3,00,000; Bank deposit of ₹ 40,00,000 and furniture ₹ 4,00,000.

(b) Bought goods from Bhushan Traders ₹ 30,00,000 against cheque of ₹ 15,00,000, balance to be paid later.

(c) Returned good of ₹ 1,20,000 to Bhushan Traders:

(d) Sold goods to Pawan ₹ 4,00,000.

(e) Paid to Bhushan Traders ₹ 1,50,000 and cash discount received 2%.

(f) Goods returned by Pawan ₹ 80,000.

(g) Sold goods for cash ₹ 1,20,000.

(h) Goods given as samples ₹ 20,000.

(i) Paid income tax of ₹ 37,500.

(j) Goods taken by Aakash for household use ₹ 10,000.

Solution:-