[CBSE] Q 16 Journal Solution TS Grewal Class 11 (2023-24)

Are you looking for the solution of Question number 16 of Journal chapter TS Grewal class 11 CBSE Board 2023-24?

Pass Journal entries for the following transactions:

(a) Muskaan started business with cash ₹ 3,00,000, Stock ₹ 5,00,000 and building ₹ 25,00,000.

(b) Construction of power-back room ₹ 1,00,000.

(c) Paid insurance premium for stock ₹ 15,000 and self ₹ 7,000.

(d) Goods destroyed by fire ₹ 80,000, Insurance Claim lodged.

(e) Commission received ₹ 25,000, 20% being received in advance.

(f) Insurance company paid 80% in full and final settlement.

(g) Salaries paid ₹ 48,000 and due ₹ 22,000.

(h) Provide Depreciation on Building @ 10% per annum.

Solution:-

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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