11th | Journal | Question No. 19 and 20 | Ts Grewal Solution 2025-2026

Journal

Date

Particulars

L.F

Debit

`

Credit

`

2025

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(Being Cash withdrawn for hospital expenses of owner.)

2025

`

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

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)