[CBSE] Q 7 Journal Solution TS Grewal Class 11 (2022-23)

Share your love

Are you looking for the solution of Question number 7 of Journal chapter TS Grewal class 11 CBSE Board 2022-23?

Pass the necessary Journal entries for the following transactions:

2022
April 1
Deposited in bank for opening a Current Account10000
April 2Withdrawn from bank5000
April 5Received a cheque from Ramesh to whom goods were sold for ₹ 12,000 last year Allowed him 1% discount on payment
April 7Ramesh’s cheque deposited in bank
April 9Ramesh’s cheque dishonoured (bank charges ₹ 20)
April 20Ramesh settled his account by issuing cheque including ₹ 60 for interest12000
April 21Cash directly deposited by Raja (customer) in bank account8000
April 23Bank draft got issued in favour of M/s Lal & Sons ₹ 5,000. Bank charges ₹ 700
April 28A bill of exchange of ₹ 4,000 (due after one month) discounted from bank for ₹ 3,800
April 30Received a cheque of ₹ 1,000 from Shyam after banking hours
April 30Goods sold for cash ₹ 7,000 and half of the sale proceeds deposited in bank

Solution:-

Below are the links of all solutions

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 5940

Leave a Reply

Your email address will not be published. Required fields are marked *

close

Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.

Refresh