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Category Journal

Journal 53 Questions

0 Votes 1 Ans

Journalise the following transaction in the books of Ram: Business started with cash ₹ 1,00,000 Goods purchased for cash ₹ 25,000

2.71K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Pass Journal entries in the books of Puneet, Delhi for the following: Received an order from karan & Co. for supply of goods of ₹ 50,000.

1.15K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Oswal Woolen Mills, Amritsar (Punjab) sold shawls to Gupta Shawls, Jaipur as per details:

1.33K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Mittal Cycles purchased 100 cycles from Hero Cycles, Ludhiana (Punjab) @ 1,200 per cycle

1.47K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Pass Journal entries to record the following transactions in the books of Subasis Sarkar, Kolkata:

1.49K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions of Pradeep in his books: M. Sudarshan owes ₹ 2,850 and pays ₹ 2,775 in settlement.

1.41K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

On 1st April, 2023, the position of Murari Bros. was as follows: Stock ₹ 2,88,000; Bills Payable ₹ 48,000; Cash at Bank ₹ 2,16,000; Plant and Machinery ₹ 1,20,000

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

0 Votes 1 Ans

On 1st April, 2023, the position of Rahman was as follows: Cash in Hand ₹ 11,200; Cash at Bank ₹ 2,57,600; Bills Receivable ₹ 68,800; Jai Ram (Dr.) ₹ 16,000

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

0 Votes 1 Ans

Journalise the following transactions: Shyam became insolvent. A first and final compensation of 75 paise in a rupee was received from his official receiver. He owed a debt of 10,000

1.97K 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 Ashoka Furniture Traders, Ludhiana (Punjab): Started business with cash 50,000

1.09K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions of Satish, Noida (UP): Started business with cash 1,00,000

1.15K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Following transactions of Ramesh, Delhi for April, 2022 are given below. Journalise them: Ramseh started business with cash 10,00,000

1.06K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions in the books of Vijay Furniture, Delhi: Sold goods costing ₹ 1,50,000 to Asha at a profit of 20% on sales less 10% Trade Discount

2.06K viewsAnurag Pathak Changed status to publish September 19, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions: Paid into bank ₹ 21,000 for opening Current Account. Withdrew for personal expenses ₹ 5,000.

797 viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions in the books of Ruma: Started business with cash 80,000 Purchased goods from Rahul 50,000

1.41K viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions in the books of Gaurav: Gaurav started business introducing capital in cash ₹ 2,00,000 and cheque ₹ 4,00,000

2.03K viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions in the books of Dhruv: Commenced business with cash ₹ 1,00,000 and cheque ₹ 7,00,000.

1.66K viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Enter the following transactions in the Journal of Tarun: Tarun commenced business with cash 2,00,000

1.89K viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions in the books of Alok Enterprises: Alok started business by depositing cheque from his savings account

1.87K viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Journalise the following transactions: Kamal started business with cash 1,00,000 Kamal introduced additional capital by cheque 50,000

1.55K viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Analyse the following transactions, state the nature of accounts and state which account will be debited and which account will be credited:

808 viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

From the following transactions, state the nature of account and state which account will be debited and which account will be credited:

686 viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

State which of the following accounts will show debit balance and which will show credit balance:

639 viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

Following is the list of various accounts. State which are asset, Liability, Capital, Revenue or Expense Accounts:

683 viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

0 Votes 1 Ans

On which side will the decrease in the following accounts be recorded? Also, mention the nature of the account:

874 viewsAnurag Pathak Changed status to publish September 18, 2023Journal TS Grewal Class 11

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