An adjusted Cash Book. M/s. (vi) Received 40 paise in a rupee from Feroz against the above dues. If a party has issued a cheque from an account which is closed, the bank cannot destroy it when it is presented for payment. (ix) Paid rent in advance ₹ 4,000. D.Chadha commenced business on 1st January, 2017. Solution: Question 16. 10,800 Solution: Question 18. Solution: Question 23. Total due from Shiv and Co. Rs 2,950. Journalise them. (x) ABC & Co. purchased 10 TV sets @ 20,000 per set and paid IGST @ 12%. (vii) Paid ₹ 25,000 to Yogesh by cheque on account. (iv) A discounted Bill of Exchange dishonoured … Solution: Question 11. CGST and SGST was levied @ 6% each. Author: S Vazifdar . (b) Issued a cheque from his savings account for ₹ 1,30,000; and Trade terms settled were: Trade Discount will be allowed @ 10% and Cash Discount @ 5% if payment is made within 7 days. Solution: Question 34. Solution: Question 26. To Purchase A/c – ₹ 5,000 Received a cheque of Rs 20,000 from Z (deposited immediately) and cash Rs 50,000 against sales. (vi) Received 40 paise in a rupee from Feroz against the above dues. Join now. (ii) ₹ 2,000 due from Sohan became bad debts. What will be the amount of trade discount and cash discount ? (vi) Received 40 paise in a rupee from Feroz against the above dues. CGST and SGST @ 6% each is levied on Intra-state sale and purchase. To Feroz a/c 20,000 (Being cheque received from feroz) but when our bank informed us that the given cheque was dishonoured, we need to reverse the entry as "What from the followingis/are NOT tangibleasset(s)?1. JUDGMENT S.J. oindrilagupta02 oindrilagupta02 25.11.2018 Accountancy Secondary School A cheque of 400 was received from Mohan but was dishonoured 1 See answer oindrilagupta02 is waiting for your help. CGST and SGST is levied @ 6% each on intra-state sale and purchase. CGST and SGST is levied @ 6% each on intra-state sale and purchase. The accused filed an appeal and argued that the cheque was issued subject to a condition precedent and, since the condition was fulfilled by the accused, the cheque was subsequently fulfilled. (iii) Goods of ₹ 6,000 were destroyed by fire and were not insured. (v) Cheque of ₹ 20,000 issued by Feroz was dishonoured. (xi) Sold goods of ₹ 60,000 to Vimal received 50% of due amount allowing 2% discount. This site is using cookies under cookie policy. IGST is levied @ 12% on inter-state sale and purchase. (i) Purchased goods from Ramesh ₹ 20,000 less Trade Discount at 20% plus IGST @ 12%. Assume payment is made at the time of purchase. Insurance company admitted the claim for ₹ 75,000. In simple words, dishonour of cheque means the cheque couldn't be cleared by bank authorities may be due to some errors or due to insufficient balance in the a/c through which cheque was issued. Record the following transactions in the Journal of Ashoka Furniture Traders, Ludhiana (Punjab): (v) Cheque of ₹ 20,000 issued by Feroz was dishonoured. (iv) Sold goods to Bharat, Kaithal (Haryana) of ₹ 10,000 plus IGST @ 12% out of which 1/5th were returned being defective. Paid charges ₹ 500. 1. 1,400 was dishonoured on 7th April. Solution: Question 8. Iram Feroz vs Ayaz Gadhiya on 14 December, 2005. A Cheque of Rs. (vi) Received 40 paise in a rupee from Feroz against the above dues. Note: In transaction dated Apr 28, there is a misprint in the book. Solution: Question 27. Add your answer and earn points. (vii) Received a cheque of ₹ 25,000 from Mohan after banking hours. (vii) Goods of ₹ 1,000 given as charity. IGST is levied @12% on inter-state sale and purchase. 20,000. 2. (i) Cheque issued for ₹ 5,000 but up to 31st March, 2018 only ₹ 3,000 could be cleared. ₹ 1,74,720, Hari Ram (Cr.) amount of Rs. (viii) Purchased goods from Barun of Chandigarh of Rs 10,000 plus IGST @ 12% and sold them to Arun of Shimla (HP) at Rs 22,400, including IGST @ 12%. var aax_src='302'; TS Grewal Accountancy Class 11 Solutions Chapter 5, NCERT Class 9 English Beehive Chapter 11 Solutions If I Were You, NCERT Class 9 English Beehive Chapter 9 Solutions The Bond of Love, NCERT Class 9 English Beehive Chapter 10 Solutions Kathmandu, NCERT Solutions for Class 9 English Beehive Chapter 3 The Little Girl, NCERT Solutions for Class 9 English Beehive Chapter 2 The Sound of Music, NCERT Solutions for Class 9 English Beehive Chapter 1 The Fun They Had, NCERT Class 9 English Beehive Chapter 8 Solutions Reach for the Top, NCERT Solutions English Beehive Chapter 7 Solutions Packing, NCERT Class 9 English Beehive Chapter 6 Solutions – My Childhood, NCERT Class 9 English Beehive Chapter 5 Solutions – The Snake and the Mirror. (a) An old machine (personal) valued at ₹ 30,000 was given in exchange; (viii) Purchased goods from Barun of Chandigarh of ₹ 10,000 plus IGST @ 12% and sold them to Arun of Shimla (HP) at ₹ 22,400, including IGST @ 12%. (iv) Received from Amrit ₹ 50,000 by cheque on account against dues of ₹ 60,000. Ask your question. Solution: Question 22. Without Goods and Services Tax (GST) Land"OptionsI onlyIl onlyLand II onlyI, II and III​, prepare income and expenditure account from the following receipt and payment account of Delhi nursing society for the year ended 31st March 2020​, Dishonour of a cheque is when the bank refuses to pay the mentioned amount to payee due to various underlying reasons such as overwriting, insufficient funds etc. Received a cheque from M deposited into bank on 9th June. (vi) Cheque 'received' returned on technical grounds but entry was not passed. var aax_pubname = 'currentaff00b-21'; Pass Journal entry for purchase of goods by Amrit, Delhi from Ayur Products, Agra, (UP) for ₹ 25,000 less Trade Discount @ 15% plus IGST @ 12%. (ix) Purchased goods costing ₹ 60,000 from Akash & Co., paid 50% immediately availing 3% discount. Which is disbelieved by the court. 7. ​CGST and SGST is to be levied on intra-state sale @ 6% each and IGST @ 12% on inter-state sale. CGST and SGST is levied @ 6% each. Solution: Purchase Price = 50,000 – 15% = Rs.42,500 Overdraft as per passbook is Rs. (viii) Purchased goods costing ₹ 1,00,000 against cheque and availed discount of 3%. Vaish Traders, Delhi purchased 500 Parker Pens @ ₹ 200 each less Trade Discount @ 15% from Luxor Pens Ltd., Delhi. Join now. 11. ​Pass Journal entries for the above transactions. (iii) Paid to staff ₹ 40,000 against outstanding salary of ₹ 60,000. Solution: Question 14. Sometimes, the holder of the cheque does not present the cheque on the date which is mentioned on it. Following are the transactions of R.Singh & Co., Kanpur (UP) for the month of July, 2017. 10. Cheques totaling Rs.10,200 deposited with the bank have not yet been collected and a cheque for Rs.4,000 has been dishonoured. 40,000 (ix) Bills Recievable directly collected by the bank. (vii) Goods lost in theft – ₹ 5,000, which were purchased paying IGST @ 12% from Alwar, Rajasthan. Oswal Woollen Mills, Amritsar (Punjab) sold shawls to Gupta Shawls, Jaipur as per details: Sold 100 shawls @ ₹ 200 per shawl on 4th January, 2018, IGST is levied @ 12%. Rs. (viii) Purchased goods from Barun of Chandigarh of ₹ 10,000 plus IGST @ 12% and sold them to Arun of Shimla (HP) at ₹ 22,400, including IGST @ 12%. Journalise the following transactions in the books of Manoj Store: Cheques issued by the firm but presented after the date that is mentioned on the cheque or still not presented in the bank: Usually, issue of a cheque is recorded in the bank column of the Cash Book on the date that is mentioned (mentioned date) on the cheque. Patent rightsII. Ii cheque issued of rs20000 but not presented at the. 200 has been debited in the bank column of the Cash Book but it was not sent to bank at all. Following transactions of Ramesh for April,2018 are given below. IGST is levied @ 12% on inter-state sale and purchase. Bench: S Vazifdar. Downloaded by Fawaz Alsheha ([email protected]) lOMoARcPSD|7375267 (a) Cheques issued but not presented for payment 11,500 (b) Cheques paid into the bank but not yet collected 2,500 (c) Interest credited by the bank but not entered in the Cash Book 550 (d) Bank charges debited in the Pass Book but not entered in the Cash Book … Solution: Solution: Question 6. Journalise the following transactions in the books of Mohan Singh, Delhi: Gupta on his account for ₹ 3,000. Sales Price = Goods Sold + Cost – trade discount Pass Journal entries. New cheque received for Rs 3,000, so interest charged should be Rs 50 (not Rs 40, as given in the book). IGST is levied @12% on inter-state sale and purchase. (viii) Purchased goods from Barun of Chandigarh of Rs. GoodwillIII. Cheque of Rs 2,940 dishonoured. Solution: Question 10. Deepak Vig vs Avdesh Mittal on 11 January, 2012 var aax_size='300x600'; Calculation of Sales Price (vi) Provided interest on capital of ₹ 1,00,000 @ 10% per annum. (xv) Goods costing ₹ 40,000 sold to Mr. X at a profit of 20% on sales less 10% Trade Discount plus CGST and SGST @ 6% each and received a cheque under 2% cash discount. Rs. Show the Journal entry to Open his books. (vii) Loss of Stock by Theft A/c – ₹ 5,600 (vii) Received a cheque of ₹ 25,000 from Mohan after banking hours. (ii) Received an order from AK & Co. for goods of ₹ 1,00,000 along with a cheque for ₹ 25,000 as advance. 500 in respect of dishonoured cheque were entered in the passbook but not in the cash book. CGST and SGST is levied @ 6% each on intra-state sale and purchase. (vi) Received 40 paise in a rupee from Feroz against the above dues. CGST and SGST is levied @ 6% each on intra-state sale and purchase. Find an answer to your question a cheque of 400 was received from Mohan but was dishonoured 1. The cheque has to be returned to the payee’s bank. (v) Cheque of Rs 20,000 issued by Feroz was dishonoured. …, holders' funds,Share Capital (equity12,00,000Non - current liabilitiesLong term Borrowing3. Add: Cheques deposited but not shown (v) 3,000 Less: Zakat deduction (vi) (1,000) Add: Interest income (vi) 300 Less: Dishonoured cheque (vii) (4,300) Reconcile balance 20,000 20,000 LIAQ & CO. GENERAL JOURNAL FOR THE MONTH OF NOVEMBER 2003 Date Particulars P/R Debit Credit 1 … (ix) Sold goods to Yamini at list price of ₹ 25,000 for ₹ 23,000. (v) Charged depreciation on plant ₹ 1,000. (v) Cheque of ₹ 20,000 issued by Feroz was dishonoured. 6,000 on 6th April and one cheque for Rs. Solution: Question 3. Sales Price = 42,500 + 25% – 10% = Rs.47,812.50. 20,000 issued by Feroz was dishonoured. On 1st April, 2018, the position of Rahman was as follows: Cash-in-Hand ₹ 11,200; Cash at Bank ₹ 2,57,600; Bills Receivable ₹ 68,000; Jai Ram (Dr.) ₹ 16,000; Ram Kumar (Dr.) ₹ 48,080; Office Furniture ₹ 52,800; Stock-in-Trade ₹ 4,16,000; Doulat Ram (Cr.) 25,000 from Mohan after banking hours. Solution: Question 33. Question 12. The accused submitted that she issued a blank signed cheque as a security for obtaining a loan of Rs. The payment of Rs 2,150 is made to Atul and not Shyam. Enter the following transactions in the Journal of Suresh who trades in ready-made garments: iii) A Cheque of Rs.200 has been debited in the bank column of the cash book but it was not sent to bank at all. 2,000 were encashed upto 31st March. (2 marks) ii. A cheque of GH¢25,000 from Stephen has not been credited. (vii) Received a cheque of ₹ 25,000 from Mohan after banking hours. Auto Aid, Delhi purchased 500 pieces of car horns @ ₹ 200 each less 10% Trade Discount plus IGST @ 12% from M/s Auto Horns, Chandigarh. Out of these cheques for Rs. CGST and SGST is levied @ 6% each on intra-state sale and purchase. (v) Cheque of ₹ 20,000 issued by Feroz was dishonoured. Issued a cheque for furniture discount received 1,000 8. Rs. (c) Balance by issue cheque from firm’s bank account. 60,000. (i) Received from Bharat cash ₹ 20,000, allowed him discount of ₹ 500. (i) Received an order from Karan & Co. for supply of goods of ₹ 50,000. If you are looking for TS Grewal Accountancy Class 11 Solutions Chapter 5 Journal then you have landed at the right place. Journalise the following transactions in the books of Ashok: 40,000 against outstanding salary of Rs. Amount specified is more than actual amount due. Further, Cash Discount was allowed @ 5% as the payment was made within specified time. Journalise the following transactions of Mr. Rahul: (vi) Received 40 paise in a rupee from Feroz against the above dues. Hey, I am basically from New Delhi and graduated from DU. Mittal Cycles received 10 cycles damaged during transit, which it returned. DISHONOURED BANK CHEQUES (BAIL DISMISSED) IN THE ... That the petitioner gave another cheque No. (vi) Sold goods to Parul at list price of ₹ 40,000 at 10% trade discount against cheque payment. (ii) Purchased goods at list price of ₹ 20,000 from Naman at 15% trade discount against cash. 1. Journalise the following transaction: Solution: Question 20. CGST and SGST is levied @ 6% each on intra-state sale and purchase. i) The accused person issued the cheque for discharge of any legally enforceable debt or liability; ii) Whether the cheque was dishonoured for closed account and insufficient fund; iii) Whether the accused person received the demand notice issued by the complainant regarding dishonour of cheque; and (vii) Received a cheque of ₹ 25,000 from Mohan after banking hours. M/s. Journal Trade Discount 25% and Cash Discount 5% if full payment is made within 14 days. Solution: Question 30. Journalise the following transactions of Satish, Noida (UP): (iv) Sold goods to Bharat, Kaithal (Haryana) of Rs.10,000 plus IGST @ 12% out of which 1/5 were returned being defective. (iv) Received a first and final dividend of 60 paise in a rupee from the Official Receiver of Rajan, who owed us ₹ 1,000. (v) Paid ₹ 2,880 to S.K. Uploaded By parhaku; Pages 14 This preview shows page 8 - 11 out of 14 pages. Pass the Opening Entry from the following Balance Sheet as at 31st March, 2018 of Vikas: Can you help me pass these journal entries EurchHses A/c To Input IGST Alc pass Journal entries in the books of Puneet Delhi Lhe following: Received an order from Karan Co for supply of goods of 50,000 (ii) Received an order from AK - Accountancy - Recording of Transactions - II If you have any questions regarding TS Grewal Accountancy Class 11 Solutions Chapter 5 Journal, then feel free to drop a comment and we will try to provide the solution at the earliest. Journalise the following transactions of Singh Enterprises, Delhi: 10. (ii) Sold goods to Mayank of ₹ 1,00,000, payable 25% by cheque at the time of sale and balance after 30 days of sale. The Court of First Instance penalized the accused and ordered payment of a fine of AED 20,000. He paid the amount on the same day and availed the cash discount. 20,000 Hint: (vi) Received cash for a bad debt written off last year ₹ 2,000. (ii) Received an order from AK & Co. for goods of Rs. R.K. & Co. To Input IGST A/c – ₹ 600 (iii) Charge depreciation of 10% on furniture costing ₹ 50,000. Note: An old personal machinery in exchange of Rs.30,000 and bank transaction of Rs.1,30,000 from Saving account will increasing the Capital account of proprietor. Question 4. Add your answer and earn points. (vi) Paid in cash wages ₹ 2,500 for installation of machine. (xii) Aman returned goods of list price of ₹ 10,000 sold to him at 10% trade discount. (vi) Charge interest on Drawings ₹ 1,500. Sales Price = 10,000 + 20% – 10% = Rs. Solution: Question 21. Feroz a/c dr 20,000. Solution: Question 17. (vii) Sold goods to Aman at list price of ₹ 30,000 at 10% trade discount against cash. Log in. Solution: Journalise the following transactions: This post will explain all about the TS Grewal Accountancy Class 11 Chapter 5 solution and this post provides the solutions of each and every question with related images. Question 35. 3,000 (viii) Bill discounted dishonoured. Solution: Question 24. (9) Cheques Dishonoured : When the cheque is dishonoured, it should be recorded transactions credited in the bank column on the credit side of the cash book. GST is not to be levied. To Bank a/c 20,000 ( Being cheque received from Feroz get dishonoured) Reason: Earlier when he gave us cheque, we (proprietor) recorded the entry : Bank a/c dr 20,000. (vi) Received 40 paise in a rupee from Feroz against the above dues. (ii) Cheques amounting to Rs. (ii) Received ₹ 11,700 from Shyam on his account fro ₹ 12,000. Solution: Question 25. Solution: ii Cheque issued of Rs20000 but not presented at the bank iii Direct deposit by. Solution: Question 9. Auto Help made the payment after 30 days. (vi) Paid by cheque ₹ 25,000 to Mehar and settled her dues of ₹ 26,000. (viii) Purchased goods from Barun of Chandigarh of ₹ 10,000 plus IGST @ 12% and sold them to Arun of Shimla (HP) at ₹ 22,400, including IGST @ 12%. Cheque of 20,000 issued by Feroz was dishonoured - 11344422 deep000059 is waiting for your help. (ii) Received from Vikas ₹ 35,000 by cheque, allowed him discount of ₹ 750. (v) Paid cash ₹ 40,000 to suresh, availed discount of 2%. It records the debit and credit transactions. (xiii) Goods costing ₹ 1,00,000 were destroyed in fire. (v) Machinery costing ₹ 4,00,000 for which order was placed earlier paying advance of ₹ 40,000. Mandal in full settlement of his account for ₹ 3,000. Equivalent citations: IV (2006) BC 499, 2006 (3) BomCR 689, 2006 132 CompCas 194 Bom, 2006 (2) MhLj 514. Calculation of Purchase and sales Price Current liabilitiesTrade payables6,00,000300,000Total300,0001 ASSETS2, Non- current absents!Fixed assets18,00,000current assets,5 0006,00, Doo(Tangible )S: 00 000Trade payables200 000Cash and cash equivalentTotal​, led toWritten doon value method. In addition, a cheque of GH¢ 20,000 issued to Madam Peace was dishonoured because of insufficient fund. 12,000 were issued in March, out of which cheques for Rs. (i) Goods worth ₹ 500 given as charity. Pass Journal entry for sale of goods by Rahul, Delhi to Anish, Delhi for ₹ 10,000 less 10% Trade Discount and 2% Cash Discount. M/s. The balance payment was paid as follows: (ii) Mohan Singh owes to his landlord ₹ 10,000 as rent. Journalise the following transactions: What is the invoice value? 1. (v) Sold goods to Arjun of Delhi of list price ₹ 20,000. These goods were purchased within Delhi. Mittal Cycles purchased 100 cycles from Hero Cycles, Ludhina (Punjab) @ ₹ 1,200 per cycle plus IGST @ 12%. Gupta Shawls sent 50% of the payment on 14th January, 2018 and balance payment on 10th February,2018. You can specify conditions of storing and accessing cookies in your browser. (xvi) Purchased machinery from New Machinery House for ₹ 50,000 and paid it by means of a bank draft purchased from bank. Solution: Question 5. (iii) Received ₹ 975 from Harikrishna in full settlement of his account for 1,000. Garg ₹ 1,80,000. (vii) Sold goods costing ₹ 40,000 to Anil for cash at a profit of 25% on cost less 20% trade discount and charged 8% Value Added Tax and paid cartage ₹ 100, which is not to be charged from customer. 20,000. (ii) Cheques issued for ₹ 1,000 but omitted to be recorded in the Cash Book. Journalise the following entries: 20,000 (i) Cheque issued from saving account wrongly debited in the current account of the pass book: 400 (ii) Cheque issued but not presented for payment: 500 (iii) Cheque issued but not presented for payment and twice credited in cash book: 1,000: Balance as per cash book: 18,900: 20,400: 20,400: The balance as per cash book is ₹ 18,900. You will get all the Class 11 Chapter 5 accounts solutions from this post. DW s 1 and 2 were examined on her side. The suit is based on a dishonoured cheque. 1,20,000/- (Rupees One Lakhs Twenty Thousand) only and the said amount was received by the accused in cash with a promise to refund back the aforesaid money to the complainant within a few months. That on 23-07-2015 the accused Sri Biju Pathak issued a cheque bearing No. 500 in respect of dishonored cheque were entered in the pass book but not in the cash book. 1,00,000 along with a cheque for Rs.25,000 as advance. deep000059 is waiting for your help. I am a teacher in a convent school based in New Delhi. (xi) Sold goods purchased at list price of ₹ 50,000 less 15% trade discount sold at a profit of 25% & 10% trade discount against cheque. (iv) ₹ 5,000 were deposited into Saving Account. Hero Cycles allowed 10% Trade Discount and 3% Cash Discount if payment is made within 14 days. It sold all the sets @ 25,000 per set plus CGST and SGST @ 6% each. (v) Cheque of ₹ 20,000 issued by Feroz was dishonoured. (iii) Cheques deposited for ₹ 5,500 but cheques for ₹ 500 were collected on 4th April 2018. School Virtual University of Pakistan; Course Title ACCOUNTING 2014; Type. Journalise the following transactions of Rakesh Agencies, Delhi (Proprietor Shri Rakesh): (iii) Purchased goods at list price of ₹ 30,000 from Amrit at 20% trade discount. iv) A cheque of Rs.300 debited to bank column of the pass book was not sent to the bank. Mittal Cycles settled the payment in 10 days time. Solution: Question 13. (iii) Sold goods for ₹ 10,000 and charged IGST @ 12% against cheque. Payee within 3 months can go to the bank again and submit the cheque because sometimes there are errors and to recheck as they believe it can be honoured this time but if second time also cheque gets dishonoured … Add your answer and earn points. A bill for 10,000 was retired by the bank under a rebate of 150 but the full amount of the bill was credited in the bank column of the Cash Book. What was the amount of capital of Rahman on that date? Journalise the following in the books of Amit Saini, Gurugram (Haryana): ₹ 2,16,960; Bills Payable ₹ 80,000. …, ne fourth of the machinery was damaged and couldeste alèzech conly Rs 10,000machinery cous purchased for R50,000.On the same date.same date a newShow MachineryAll from2017-18, 2018-19 8 2019-20issuming three Book of account wore closed on 21st Marcheachyear​, 3) 2014 Apr4thonsold goods to Mr.r. (iii) Received from Akhil ₹ 38,000 in settlement of his dues of ₹ 40,000 in cash. Raghu on credit35,000​, 3.Purchase Laptop for office use * 10,000.​, 2. (vi) Received 40 paise in a rupee from Feroz against the above dues. That the IO gave opinion that payment had been made to the complainant. What is journal entry & why ? Solution: Question 31. (xiv) Purchased machinery for ₹ 56,000 including IGST of ₹ 6,000 and paid cartage thereon ₹ 5,000 and installation charges ₹10,000. Journalise the following transactions in the books of M/s. 20,000/- to complainant which was returned by complainant but the cheques in question were not returned. Solution: Question 32. (viii) Sold goods to Pawan at list price of ₹ 20,000 at 10% trade discount. Solution: Question 28. v) Rs. Note for Apr 17: With Goods and Services Tax (GST) khushi548 … on 1stAugust it was purchased a machinery for Rs 1,20,000 onAug, 2017 it was dead clealdeporaciate it @ 10%July 2019o (x) Sold goods of ₹ 30,000 against cheque allowing 2% discount. (i) Received ₹ 11,700 from Hari Krishan in full settlement of his account for ₹ 12,000. Cheque of 20,000 issued by Feroz was dishonoured​, (a) A taxpayer is an assessee but an assessee need notbe a taxpayer.​, BalanceNoteFrom the following blance sheet of limitedcompratire Blance sheetparticularon 31.03.2019 and 31, 3.2020ai 3.1I souity and liabilitiesshare (xii) Sold personal car for ₹ 1,00,000 and invested the amount in the firm. (i) Goods of ₹ 5,000 were used by him for domestic purpose. Question 15. 4,000 (vii) Cheque 'issued' returned on technical grounds but entry was not passed. Received a cheque of Rs 20,000 from Z (deposited Next Day) and cash Rs 50,000 against sales. Journalise them. Vazifdar, J. (viii) Purchased goods from Barun of Chandigarh of ₹ 10,000 plus IGST @ 12% and sold them to Arun of Shimla (HP) at ₹ 22,400, including IGST @ 12%. We hope this Chapter 5 solution will help you in the preparation for your exam. What was the amount of Tendulkar’s capital on the date? Journalise the following transactions of Ram Delhi: You are required to Journalise them: Log in. Question 29. 0000000 in the sum of Rs. Journalise the following transactions in the books of Bhushan Agencies: That the petitioner did not sign the cheques again regarding change in … (v) Cheque of ₹ 20,000 issued by Feroz was dishonoured. Pass Journal entries in the books of Puneet, Delhi for the following: Solution: Question 19. 086633 dated 23-07-2015 for an amount of Rs. (iii) Paid to staff Rs. The Court of First Instance penalized the accused and ordered payment of a fine of AED 20,000.