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[ISC] Q 3 Journal Solutions TS Grewal Class 11 (2022-23)

Anurag Pathak
September 17, 2023
[ISC] Journal Solutions TS Grewal (2022-23)

Are you looking for the solution of Question number 3 Journal TS Grewal class 11 ISC 2022-23?

On which side will the increase in the following accounts be recorded? Also, mention the nature of the account:

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(i) Furniture A/c	(ii) Mohan (Proprietor)	(iii) Salary A/c
(iv) Purchases A/c	(v) Sales A/c	(vi) Interest Paid A/c
(vii) Sohan (Creditor)	(viii) Ram (Debtor)

Solution:-

Accounts Name	Side
1) Furniture A/c	Debit (Asset)
2) Mohan (Proprietor)	Credit (Capital)
3) Salary A/c	Debit (Expenses)
4) Purchases A/c	Debit (Expenses)
5) Sales A/c	Credit (Revenue)
6) Interest Paid A/c	Debit (Expense)
7) Sohan (Creditor)	Credit (Liability)
8) Ram (Debtor)	Debit (Asset)

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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

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 for free lectures

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