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[ISC] Q 3 Journal Solutions TS Grewal Class 11 (2024-25)

Solution of Question number 3 Journal TS Grewal class 11 ISC 2024-25.

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) Bharat (Proprietor)	(iii) Salary A/c
(iv) Purchases A/c	(v) Sales A/c	(vi) Interest Paid A/c
(vii) Dev (Creditor)	(viii) Pawan (Debtor)

Solution:-

Accounts Name	Side
1) Furniture A/c	Debit (Asset)
2) Bharat (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) Dev (Creditor)	Credit (Liability)
8) Pawan (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

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