[CBSE] Q 14 Journal Solution TS Grewal Class 11 (2022-23)

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Are you looking for the solution of Question number 14 of Journal chapter TS Grewal class 11 CBSE Board 2022-23?

Journalise the following transactions of Singh Enterprises, Delhi:

2022
April 1
Started business with cash50,000
April 2Deposited cheque from Savings Account in firm’s account2,00,000
April 3Received cheque from Ram as loan50,000
April 4Purchased goods for cash15,000
April 11Sold goods to M/s Hari Sales, Delhi12,000
April 13Paid to Ramavtar by cheque advance for Machine40,000
April 17Received from M/s Hari Sales, Delhi10,000
April 20Bought furniture from S.R Furnishers against cheque payment22,400
April 27Paid rent by cheque28,000
April 27Sold the personal Car and invested the amount in business80,000
April 27Goods costing ₹ 2,000 were destroyed by fire. These goods were not insured
April 30Paid life insurance premium for employees5,000
April 30Paid salary20,000

Solution:-

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