[DK Goel] Q. 27 Books of Original Entry Journal Solutions Class 11 CBSE (2025-26)

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Solutions of Question number 27 of Chapter 9 Books of Original Entry Journal DK Goel class 11 CBSE (2025-26).

Journalise the following:

(i)Received ₹ 1,000 from sales of old newspapers and ₹ 5,000 from sales of old chairs.
(ii)Goods costing ₹ 7,000 given away as charity.
(iii)Arun pays us ₹ 63,000 after getting 10% discount for prompt payment.
(iv)Received Cash from a debtor written off as bad-debt last year ₹ 20,000.
(v)Sold goods costing ₹ 50,000 to Ashok on credit at a profit of 20% on cost.
(vi)Sold goods costing ₹ 1,00,000 for ₹ 1,40,000.
(vii)Provide ₹ 50,000 as interest on Capital.
(viii)Paid rent of building ₹ 60,000 by cheque. Half the building is used by the proprietor for residential purpose.
(ix)Oustanding salary at the end of the year ₹ 30,000.

[Ans. Total ₹ 4,43,000.]

Solution:-

Hints:

In transaction (iii) Discount Allowed A/c will be debited from ₹ 7,000.

In transaction (iv) Cash A/c will be debited and Bad debts recovered A/c will be credited.

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Anurag Pathak

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