11th | Journal | Question No. 17 To 20 | Ts Grewal Solution 2024-2025

Question 17:

Following transactions of Ramesh for April, 2024 are given below. Journalise them.

2024	`
April 1: Ramesh started business with cash.	1,00,000
April 2: Paid into bank .	20,000
April 3: Bought goods for cash.	50,000
April 4: Drew cash from bank for office use.	10,000
April 13: Sold goods to Krishna.	15,000
April 20: Bought goods from Shyam.	22,500
April 22: \|Krishna returned goods,	2,000
April 24: Received from Krishna .	12,500
Allowed him discount.	500
April 28: Paid cash to Shyam.	21,500
Discount received.	1,000
April 30: Sold for Cash to Mohan, Rakesh and Maynak.	80,000
April 30: Paid rent.	5,000
April 30: Paid salary.	10,000

Answer:

Journal
Date	Particulars		L.F.	Debit `	Credit `
2024
April 01	Cash A/c	Dr.		1,00,000
	To Capital A/c				1,00,000
	(Started business with cash)

April 02	Bank A/c	Dr.		20,000
	To Cash A/c				20,000
	(Cash paid into bank)

April 03	Purchases A/c	Dr.		50,000
	To Cash A/c				50,000
	(Goods purchased)

April 04	Cash A/c	Dr.		10,000
	To Bank A/c				10,000
	(Cash withdrawn from Bank)

April 13	Krishna’s A/c	Dr.		15000
	To Sales A/c				15000
	(Goods sold)

April 20	Purchases A/c	Dr.		22500
	To Shyam’s A/c				5,600
	(Goods purchased)

April 22	Sales Return A/c	Dr.		2,000
	To Krishna’s A/c				2,000
	(Goods returned )

April 24	Cash A/c	Dr.		12500
	Discount Allowed A/c	Dr.		500
	To Krishna’s A/c				13,000
	(Received from Krishna and availed discount)

April 28	Shyam’s A/c	Dr.		21,500
	To Bank A/c			1,000
	To Discount Received A/c				22,500
	(Paid to shyam and received discount)
April 30	Cash A/c	Dr.		80,000
	To Sales A/c				80,000
	(Goods Sold)

April 30	Rent A/c Salaries A/c	Dr. Dr.		5,000 10,000
	To Cash A/c				15,000
	(Paid Rent and Salaries)

Question 18:

Journalise the following transactions of Gurman:

2024	`
Jan. 01: Gurman started business with cash.	2,00,000
Jan. 02:Paid into bank.	60,000
Jan. 03: Bought goods from Singh &Co.	20,000
Jan 03 :Paid cartage on goods purchased.	300
Jan. 04 :Purchased furniture.	2,000
Jan. 04 :Paid advance for purchase of HP Printers for 15,000.	5,000
Jan. 04 :Purchased calculator.	1,000
Jan. 04 :Purchased computer and paid by cheque.	13,000
Jan. 06 :Paid for Mobile bill and Internet (Office).	5,700
Jan. 08 :Sold goods for cash.	4,000
Jan. 09 :Sold goods to Sharda & Co.	10,000
Jan. 09 :Paid cartage on goods sold to Sharda & Co.	200
Jan. 15 :Paid to Singh &Co. on account.	17,500
Jan. 25 :Sold goods to Ray & Co.	5,600
Jan. 27 :Received cheque from Sharda &Co. in settlement of amount due from them.	9,750
Jan. 31 :Paid for electricity charges.	1,000
Jan. 31 :Paid salary to office staff..	1,500
Jan. 31 :Cash withdrawn for hospital expenses of owner.	7,500

Answer:

Journal
Date	Particulars		L.F	Debit `	Credit `
2024
Jan.01	Cash A/c	Dr.		2,00,000
	To Capital A/c				2,00,000
	(Being Started business with Cash)

Jan.02	Bank A/c	Dr.		60,000
	To Cash A/c				60,000
	(Being Deposited cash into bank)

Jan.03	Purchases A/c	Dr.		20,000
	To Bank A/c				20,000
	(Being)

Jan.03	Cartage A/c	Dr.		300
	To Cash A/c				300
	(Being)

Jan.04	Furniture A/c	Dr.		2,000
	To Cash A/c				2,000
	(Being furniture Purchased)

Jan.04	HP Printer A/c	Dr.		5,000
	To Cash A/c				5,000
	(Being Paid advance for purchase of HP Printers for 15,000.)

Jan.04	Office equipment A/c	Dr.		1,000
	To Sales A/c				1,000
	(Being purchased calculator)

Jan.04	Computer A/c	Dr.		13,000
	To Bank A/c				13,000
	(Being purchased computer and paid by cheque.)


Jan.06	Mobile expenses A/c	Dr.		5,700
	To Cash A/c				5,700
	(Being Paid for Mobile bill and Internet (Office).)


Jan.08	Cash A/c	Dr.		4,000
	To Sales A/c				4,000
	(Being Sold goods for cash.)

Jan.09	Cash A/c	Dr.		10,000
	To Sales A/c				10,000
	(Being Sold goods to Sharda & Co.)
Jan.09	Carriage outward A/c	Dr.		200
	To Cash A/c				200
	(Being Paid cartage on goods sold to Sharda & Co.)

Jan.15	Singh &Co.	Dr.		17,500
	To Cash A/c				17,500
	(Being Paid to Singh &Co. on account.)
Jan.25	Ray & Co.	Dr.		5,600
	To Sales A/c				5,600
	(Being Sold goods to Ray & Co.)

Jan.27	Cheque in hand A/c	Dr.		9,750
	Discount allowed A/c	Dr.		250
	To Sharda &Co. A/c				10,000
	(Being Received cheque from Sharda &Co. in settlement of amount due from them.)
Jan.31	Electricity Charges A/c	Dr.		1,000
	To Cash A/c				1,000
	(Being Paid for electricity charges.)
Jan.31	Salary A/c	Dr.		1,500
	To Cash A/c				1,500
	(Being Paid salary to office staff)
Jan.31	Drawings A/c	Dr.		7,500
	To Cash A/c				7,500
	(Being Cash withdrawn for hospital expenses of owner.)

Question 19:

Journalise the following transactions of Singh Enterprises, Delhi:

2024		`
June 1	Started business with cash	50,000
June 2	Deposited cheque from Savings Account in firm's account	2,00,000
June 3	Received cheque from Ram as loan	50,000
June 4	Purchased goods for cash	15,000
June 11	Sold goods to M/s. Hari Sales, Delhi	12,000
June 13	Paid to Ramavtar by cheque advance for Machine .	40,000
June 17	Received from M/s. Hari Sales, Delhi.	10,000
June 20	Bought furniture from S.R. Furnishers against cheque payment.	22,400
June 27	Paid rent by Cheque	28,000
June 27	Sold the personal Car and invested the amount in business.	80,000
June 27	Goods costing`2,000 were destroyed by fire. These goods were not insured
June 30	Paid life insurance premium for employees.	5,000
June 30	Paid salary	20,000

Answer:

Journal
Date	Particulars		L.F.	Debit `	Credit `
2018
June 01	Cash A/c	Dr.		50,000
	To Capital A/c				50,000
	(Started business with cash)

June 02	Bank A/c	Dr.		2,00,000
	To Capital A/c				2,00,000
	(Cheque from Savings A/c to Firm’s A/c)

June 03	Cash A/c	Dr.		50,000
	To Ram’s loan A/c				50,000
	(Received cash from Ram as loan)

June 04	Purchases A/c	Dr.		15,000
	To Cash A/c				15,000
	(Goods purchased)

June 11	M/s Hari A/c	Dr.		12,000
	To Sales A/c				12,000
	(Goods sold on credit)

June 13	Ramavtar’s A/c	Dr.		40,000
	To Cash A/c				40,000
	(Paid cash as advance to Ramavtar)

June 17	Cash A/c	Dr.		10,000
	To M/s Hari A/c				10,000
	(Received cash from M/s Hari A/c)

June 20	Furniture A/c	Dr.		22,400
	To Bank A/c				22,400
	(Bought furniture from S.R. Furnishers against cheque payment)

June 27	Rent A/c	Dr.		28,000
	To Bank A/c				28,000
	(Paid rent)
June 27	Cash A/c	Dr.		80,000
	To Capital A/c				80,000
	(Capital brought in)
June 27	Loss by fire A/c	Dr.		2,000
	To Purchases A/c				2,000
	(Goods destroyed by fire)
June 30	Insurance premium A/c	Dr.		5,000
	To Cash A/c				5,000
	(Paid life insurance premium for employees.)
June 30	Salary A/c	Dr.		20,000
	To Cash A/c				20,000
	(Paid salary)

Question 20:

Journalise the following transactions of Rakesh Agencies, Delhi (Proprietor Shri Rakesh):

2024		`
Jan 1	Rakesh commenced business with cash	50,000
Jan 2	Purchased goods for cash	10,000
Jan 5	Purchased goods from Mohan, Delhi	60,000
Jan 7	Opened bank account with Bank of India	10,000
Jan 10	Purchased furniture for office	2,000
Jan 15	Sold goods for cash	8,000
Jan 20	Sold goods to Ram of the list price of 1,25,000 less 20% Trade discount and 2% cash discount and paid 40% by cheque
Jan 25	Cash sales	3,500
Jan 27	Paid to Mohan on account	3,000
Jan 28	Ram returns goods of sale value	5.000
Jan 31	Paid Salaries	9,000
Jan 31	Paid to the petty cashier	3,000
Jan 31	Rejected and returned 5% of goods supplied by Mohan

Answer:

Journal
Date	Particulars		L.F.	Debit `	Credit `
2019
Jan 01	Cash A/c	Dr.		50,000
	To Capital A/c				50,000
	(Started business with cash)

Jan 02	Purchases A/c	Dr.		10,000
	To Cash A/c				10,000
	(Goods purchased)

Jan 05	Purchases A/c	Dr.		60,000
	To Mohan’s A/c				60,000
	(Goods purchased)

Jan 07	Bank A/c	Dr.		10,000
	To Cash A/c				10,000
	(Opened Bank A/c)

Jan 10	Furniture A/c	Dr.		2,000
	To Cash A/c				2,000
	(Furniture purchased)

Jan 15	Cash A/c	Dr.		8,000
	To Sales A/c				8,000
	(Goods sold)

Jan 20	Ram’s A/c	Dr.		60,000
	Cheque in hand A/c	Dr.		39,200
	Discount allowed A/c	Dr.		800
	To Sales A/c				1,00,000
	(Sold goods to Ram of the list price of 1,25,000 less 20% Trade discount and 2% cash discount and paid 40% by cheque)

Jan 25	Cash A/c	Dr.		3,500
	To Sales A/c				3,500
	(Goods sold)

Jan 27	Mohan’s A/c	Dr.		3,000
	To Cash A/c				3,000
	(Paid to Mohan on account)

Jan 28	Sales Return A/c	Dr.		5,000
	To Ram’s A/c				5,000
	(Goods returned by Ram)

Jan 31	Salary A/c	Dr.		9,000
	To Cash				9,000
	(Paid salaries)
Jan 31	Petty cash A/c	Dr.		3,000
	To Cash A/c				3,000
	(Paid to petty Cash)

Jan 31	Mohan’s A/c	Dr.		3,000
	To Purchases Return A/c				3,000
	(Returned 5% of the goods supplied by Mohan)

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Ts Grewal Solution 2024-2025

Class 11th

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11th | Journal | Question No. 17 To 20 | Ts Grewal Solution 2024-2025

Question 17:

Answer:

Answer:

Journal

Date

Particulars

L.F

Debit

`

Credit

`

2024

Jan.01

Cash A/c

Dr.

2,00,000

To Capital A/c

2,00,000

(Being Started business with Cash)

Jan.02

Bank A/c

Dr.

60,000

To Cash A/c

60,000

(Being Deposited cash into bank)

Jan.03

Purchases A/c

Dr.

20,000

To Bank A/c

20,000

(Being)

Jan.03

Cartage A/c

Dr.

300

To Cash A/c

300

(Being)

Jan.04

Furniture A/c

Dr.

2,000

To Cash A/c

2,000

(Being furniture Purchased)

Jan.04

HP Printer A/c

Dr.

5,000

To Cash A/c

5,000

(Being Paid advance for purchase of HP Printers for 15,000.)

Jan.04

Office equipment A/c

Dr.

1,000

To Sales A/c