[CBSE] Q 5, 6 Journal Solution TS Grewal Class 11 (2025-26)
Are you looking for the solution of Question number 5 and 6 of Journal chapter TS Grewal class 11 CBSE Board 2025-26?
Q. 5. Pass Journal entries for the following transactions:
| 2022 April 1 | Mohan is declared insolvent. Received first and final dividend from his official Receiver 50 paise in a rupee against a debt of ₹ 5,000. |
| April 2 | ₹ 8,000 due from Ramesh is not recoverable. |
| April 3 | Shyam, who owed ₹ 15,000 became insolvent and 50% is received from his estate. |
| April 4 | Received ₹ 10,000 in cash from Sohan for bad debts written off last year. |
Solution:-
Q. 6. Pass necessary Journal entries for the following transactions:
| 2022 April 1 | Deposited in bank | 30000 |
| April 3 | Cash withdrawn from bank | 10000 |
| April 7 | Wages paid by cheque | 7000 |
| April 10 | Cheque received from Deewan ₹ 8,500 and discount allowed to him ₹ 500. Cheque is deposited in bank on the same day. | |
| April 12 | As per standing instructions, bank paid Telephone Bill | 1000 |
| April 14 | Deewan’s cheque returned by the bank as dishonoured. | |
| April 16 | Charges debited by bank | 400 |
| April 17 | Goods sold and sale proceeds deposited in bank | 8000 |
| April 19 | Bank has paid insurance premium as per our standing instructions | 1800 |
| April 25 | Dividend collected by Bank | 2500 |
Solution:-
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