[DK Goel] Q. 37 Books of Original Entry Journal Solutions Class 11 CBSE (2025-26)

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Solutions of Question number 37 of Chapter 9 Books of Original Entry Journal DK Goel class 11 CBSE (2025-26).

Journalise the following transactions in the books of Shankar:

(i)Opened a current account with Punjab National Bank ₹ 5,00,000.
(ii)Purchased a horse for business for ₹ 20,000.
(iii)Sold goods to Gokul at a list price of ₹ 4,000. Trade discount 10% and cash discount 5%. He paid the amount on the same day and availed the cash discount.
(iv)Purchased goods for ₹ 10,000 and paid ₹ 400 for carriage on these goods.
(v)Additional cash introduced by the proprietor ₹ 40,000.
(vi)Withdrawn from Bank ₹ 20,000.
(vii)Received an order to supply goods of ₹ 40,000 from Manu and received ₹ 10,000 as an advance together with the order.
(viii)Cash ₹ 50,000 and goods wroth ₹ 90,000 were stolen.
(ix)Purchased goods from Devendra for ₹ 40,000 and the payment was made by cheque.
(x)Sold 1/4th of the above goods at a profit of 25% on cash.
(xi)Received a cheque of ₹ 73,600 from Chandradev and allowed discount ₹ 1,4000 to him. The cheque was deposited into Bank on the same day.
(xii)Purchased machinery for ₹ 3,00,000, payment made by cheque, Installation charge of machinery ₹ 20,000 paid in cash.

[Ans. Total ₹ 11,91,500.]

Solution:-

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