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Solution of Q 16 Journal TS Grewal Class 11 (2023-24) CBSE

Question 16 of 25Chapter 8Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 16, Chapter 8 Journal, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 16

Pass Journal entries for the following transactions:

  1. (a) Muskaan started business with Cash ₹3,00,000, Stock ₹5,00,000 and building ₹25,00,000.
  2. (b) Construction of power-back room ₹1,00,000.
  3. (c) Paid insurance premium for stock ₹15,000 and self ₹7,000.
  4. (d) Goods destroyed by fire ₹80,000, Insurance Claim lodged.
  5. (e) Commission received ₹25,000, 20% being received in advance.
  6. (f) Insurance company paid 80% in full and final settlement.
  7. (g) Salaries paid ₹48,000 and due ₹22,000.
  8. (h) Provide Depreciation on Building @ 10% per annum.
TS Grewal Class 11 Journal Question 16 part 1
TS Grewal Class 11 Journal Question 16 part 2

Solution

Solution of Q 16 Journal TS Grewal 2023-24 part 1
Solution of Q 16 Journal TS Grewal 2023-24 part 2
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Solution of Q 16 Journal TS Grewal 2023-24 part 3
Solution of Q 16 Journal TS Grewal 2023-24 part 4
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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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