Solution of Q 13 Journal TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 13, Chapter 8 Journal, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
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Question 13
Pass Journal entries for the following transactions:
- (a) Aakash started business with cash ₹3,00,000; Bank deposit of ₹40,00,000 and furniture ₹4,00,000.
- (b) Bought goods from Bhushan Traders ₹30,00,000 against cheque of ₹15,00,000, balance to be paid later.
- (c) Returned goods of ₹1,20,000 to Bhushan Traders.
- (d) Sold goods to Pawan ₹4,00,000.
- (e) Paid to Bhushan Traders ₹1,50,000 and cash discount received 2%.
- (f) Goods returned by Pawan ₹80,000.
- (g) Sold goods for cash ₹1,20,000.
- (h) Goods given as samples ₹20,000.
- (i) Paid income tax of ₹37,500.
- (j) Goods taken by Aakash for household use ₹10,000.
Solution
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About this solution
This is Chapter 8 Journal of TS Grewal Edition 2023-24.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.
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