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Category Journal

Journal 53 Questions

0 Votes 1 Ans

Tejvir started business with cash ₹ 5,00,000. Pass Journal entries for the following transactions:

4.13K viewsAnurag Pathak Changed status to publish June 11, 2024Journal TS Grewal Class 11

0 Votes 1 Ans

Enter the following transactions in the Journal of Gurman: Gurman invested capital in cash ₹ 1,00,000

3.78K viewsAnurag Pathak Changed status to publish March 17, 2024Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions in the books of Mohan, Delhi: Raj of Alwar, Rajasthan, who owed Mohan ₹ 25,000, became insolvent

1.39K viewsAnurag Pathak Changed status to publish October 23, 2023Journal

0 Votes 1 Ans

Journalise the following entries: Goods costing ₹ 500 given as charity Sold goods to Mayank of ₹ 1,00,000, payable 25% by cheque at the time of sale and balance after 30 days of sale

2.34K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions: Shyam became insolvent. Compensation of 75 paise in a rupee was received from his official Receiver. He owed us 10,000

2.00K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions in the books of Bhushan Agencies: Received cash from Bharat ₹ 20,000, allowed him discount of ₹ 500.

3.19K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions in the books of M/s. R.K. & Co Purchased goods of list price of ₹ 20,000 from Vishal at 20% trade discount against cheque payment.

2.65K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Enter the following transactions in the Journal of Suresh, Delhi who trades in readymade garments:

3.44K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions of Rakesh Agencies, Delhi (Proprietor Shri Rakseh): Rakesh commenced business with cash 50,000

3.12K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions of Singh Enterprises, Delhi: Started business with cash 50,000 Deposited cheque from Savings Account in firm’s account 2,00,000

2.91K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions of Gurman: Gurman started business with cash 2,00,000

3.36K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Following transactions of Ramesh for April, 2022 are given below. Journalise them. Ramesh started business with cash 1,00,000

2.75K viewsAnurag Pathak Changed status to publish September 21, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Muskaan started business with cash ₹ 3,00,000, Stock ₹ 5,00,000 and building ₹ 25,00,000

3.78K viewsAnurag Pathak Changed status to publish September 20, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Surekha started business with cash ₹ 5,00,000 Pass Journal entries for the following transactions:

3.54K viewsAnurag Pathak Changed status to publish September 20, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Aakash started business with cash ₹ 3,00,000; Bank deposit of ₹ 40,00,000 and furniture ₹ 4,00,000.

3.45K viewsAnurag Pathak Changed status to publish September 20, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Pankaj started business with cash ₹ 2,00,000 and Bank ₹ 8,00,000. Bought a machinery for ₹ 25,00,000 by making a down-payment of 10%.

4.18K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Following balances existed in the books of M/s Anand stores as on 1st April, 2022:

1.82K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Interest due but not received ₹ 10,000. Salaries due to staff ₹ 50,000. Out of the rent paid this year, ₹ 5,000 is for the next year.

2.35K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Paid repairing charges on existing machineries 1,000 Pass necessary Journal entries for the following transactions:

2.23K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Goods withdrawn by owner for personal use 1000 Pass necessary Journal entries for the following transactions:

2.22K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Deposited in bank for opening a Current Account ₹ 10000 Pass the necessary Journal entries for the following transactions:

3.27K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Pass necessary Journal entries for the following transactions: Deposited in bank 30000 Cash withdrawn from bank 10000

2.95K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Pass Journal entries for the following transactions: Mohan is declared insolvent. Received first and final dividend from his official Receiver 50 paise in a rupee against a debt of ₹ 5,000.

2.70K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Pass necessary Journal entries for the following transactions: Paid salaries ₹ 30,000, rent ₹ 10,000 and wages ₹ 8,000 by cheque.

2.98K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Record the following transactions in the Journal of Amitabh: Amitabh started business with cash ₹ 80,000

3.32K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

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