[CBSE] Q 16 Journal Solution TS Grewal Class 11 (2022-23)

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Are you looking for the solution of Question number 16 of Journal chapter TS Grewal class 11 CBSE Board 2022-23?

Enter the following transactions in the Journal of Suresh, Delhi who trades in readymade garments:

2022
April 1
Suresh paid on bank as capital60,000
April 2He bought goods and paid by cheque24,000
April 3Sold goods to Mukand & Co. Delhi6,700
April 4Sold goods for cash10,900
April 5Paid sundry expenses in cash3,000
April 8Paid for office furniture and fittings by cheque4,000
April 9Bought goods from Ramesh & Bros.10,600
April 11Returned goods to Ramesh & Bros.1,500
April 12Issued cheque to Ramesh & Bros. in settlement8,500
April 12Goods costing ₹ 5,000 destryoed by fire
April 20Insurance company paid claim4,000
April 30Bank charged interest200
April 30Borrowed from Ridhi @ 10% per annum interest50,000
April 30Received from Mukand & Co. on account3,000
April 30Sold household furniture and paid the amount into business.10,000
April 30Sold goods costing ₹ 5,000 to Anita for cash at a profit of 20% on cost, less 20% trade discount
April 30Sold goods costing ₹ 20,000 to Sunil at a profit of 20% on sale less 20% Trade Discount and paid cartage ₹ 150 (to be charged from customer)

Solution:-

Below are the links of all solutions

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1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
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10Question – 10
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16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
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