[ISC] Q 19 Journal Solutions TS Grewal Class 11 (2023-24)

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Are you looking for the solution of Question number 19 Journal TS Grewal class 11 ISC 2023-24?

Journalise the following transactions of Satish, Noida (UP):

Jan 1
Started business with cash1,00,000
Jan 2Opened Bank Account by cheque from Savings Account9,00,000
Jan 3Bought goods from M/s S. Singh & Co., Delhi2,00,000
Jan 4Introduced additional capital by cheque50,000
Jan 4Purchased computers against cheque from Computer Mart, Noida1,50,000
Jan 6Paid for courier charges1,500
Jan 8Sold goods for cash40,000
Jan 9Sold goods to M/s Sharda & Co. Delhi1,00,000
Jan 15Issued a cheque to M/s S. Singh & Co in settlement of his account1,95,000
Jan 25Sold goods to M/s Ray & co. Kolkata56,000
Jan 27Received cheque from M/s Sharda & Co. in settlement of his account97,500
Jan 31Goods stolen in transit (sales price ₹ 9,000 cost ₹ 8,000)
Jan 31Paid rent of building by cheque. Half of the building is used by the proprietor for residential use.50,000
Jan 31Paid income tax35,000


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Anurag Pathak

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