[CBSE] Q 20 Journal Solutions TS Grewal Class 11 (2024-25)
Solution of Question number 20 of Journal chapter TS Grewal class 11 CBSE Board 2024-25.
Journalise the following transactions of Rakesh Agencies, Delhi (Proprietor Shri Rakseh):
| 2022 Jan 1 | Rakesh commenced business with cash | 50,000 |
| Jan 2 | Purchased goods for cash | 10,000 |
| Jan 5 | Purchased goods from Mohan, Delhi | 60,000 |
| Jan 7 | Opened bank account with Bank of India | 10,000 |
| Jan 10 | Purchased furniture for office | 2,000 |
| Jan 15 | Sold goods for cash | 8,000 |
| Jan 20 | Sold goods to Ram of the list price of ₹ 1,25,000 less 20% Trade Discount and 2% cash discount and paid 40% by cheque | |
| Jan 25 | Cash Sales | 3,500 |
| Jan 27 | Paid to Mohan on account | 3,000 |
| Jan 28 | Ram returns goods of sale value | 5,000 |
| Jan 31 | Paid Salaries | 9,000 |
| Jan 31 | Paid to the Petty Cashier | 3,000 |
| Jan 31 | Rejected and returned 5% of goods supplied by Mohan |
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 |
