[ISC] Q 7 Journal Solutions TS Grewal Class 11 (2023-24)
Are you looking for the solution of Question number 7 Journal TS Grewal class 11 ISC 2023-24?
From the following transactions, state the nature of account and state which account will be debited and which account will be credited:
| S.N | Particualrs | ₹ |
| 1 | Kabir started business with cash | 2,00,000 |
| 2 | He purchased furniture for business | 1,00,000 |
| 3 | Purchased goods from Anshul | 30,000 |
| 4 | Paid to his creditor, Anshul | 10,000 |
| 5 | Paid salary | 5,000 |
| 6 | Paid rent | 2,500 |
| 7 | Received interest | 500 |
Solution:-
| i) | Cash Capital | Debit Credit | 5,00,000 5,00,000 |
| (ii) | Furniture Cash | Debit Credit | 1,00,000 1,00,000 |
| (iii) | Purchase Anshul | Debit Credit | 30,000 30,000 |
| (iv) | Anshul Cash | Debit Credit | 10,000 10,000 |
| (v) | Salary Cash | Debit Credit | 5000 5000 |
| (vi) | Rent Cash | Debit Credit | 2500 2500 |
| (vii) | Cash Interest | Debit Credit | 500 500 |
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 |
