Solution of Q 22 Journal TS Grewal Class 11 (2023-24) CBSE

Journalise the following transactions in the books of M/s. R.K. & Co.:

1. (i) Purchased goods of list price of ₹20,000 from Vishal at 20% trade discount against cheque payment.
2. (ii) Purchased goods of list price of ₹20,000 from Naman at 15% trade discount against cash.
3. (iii) Purchased goods of list price of ₹30,000 from Amrit at 20% trade discount.
4. (iv) Purchased goods from Hari & Co. of list price ₹40,000 for ₹35,000 against cash.
5. (v) Goods purchased from Amrit of list price ₹10,000 returned.
6. (vi) Sold goods to Parul of list price of ₹40,000 at 10% trade discount against cheque payment.
7. (vii) Sold goods to Aman of list price of ₹30,000 at 10% trade discount against cash.
8. (viii) Sold goods to Pawan of list price of ₹20,000 at 10% trade discount.
9. (ix) Sold goods to Yamini of list price of ₹25,000 for ₹23,000.
10. (x) Sold goods costing ₹10,000 at cost plus 20% less 10% trade discount to Bhupesh.
11. (xi) Sold goods purchased at list price of ₹50,000 sold at a profit of 25% less 10% trade discount against cheque.
12. (xii) Aman returned goods of list price of ₹10,000 sold to him at 10% trade discount.