[ISC] Q 24 Journal Solutions TS Grewal Class 11 (2024-25)

Solution of Question number 24 Journal TS Grewal class 11 ISC 2024-25.

Journalise the following transactions of Pradeep in his books:

(i) M. Sudarshan owes ₹ 2,850 and pays ₹ 2,775 in settlement.

(ii) M/s Agarkar & Co. who owed ₹ 6,000 became insolvent, only 30% of the amount due is realised.

(iii) Received cheque from J. Mohan ₹ 5,450. Allowed him discount ₹ 150.

(iv) Received commission ₹ 5,000 half of which is in advnace.

(v) Issued cheque in favour of M/s Khurshid Ali & Sons on account of the purchase of a machinery of ₹ 7,500.

(vi) Paid to Rao & Co. ₹ 9,000 on account for ₹ 10,000.

(vii) Goods destroyed by fire (Sale Price ₹ 4,000, Cost ₹ 3,000).

(viii) Claim made by Gupta & Co. for ₹ 5,000, for defect in goods sold to them, claim admitted.

Solution:-

Below is the list of all the Practical problems

S.N	Solutions
1	Question – 1
2	Question – 2
3	Question – 3
4	Question – 4
5	Question – 5
6	Question – 6
7	Question – 7
8	Question – 8
9	Question – 9
10	Question – 10

S.N	Solutions
11	Question – 11
12	Question – 12
13	Question – 13
14	Question – 14
15	Question – 15
16	Question – 16
17	Question – 17
18	Question – 18
19	Question – 19
20	Question – 20

S.N	Solutions
21	Question – 21
22	Question – 22
23	Question – 23
24	Question – 24
25	Question – 25
26	Question – 26
27	Question – 27
28	Question – 28