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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Pass necessary Journal entries for the following transactions:
| Date | Particulars | L.F. | Dr. (₹) | Cr. (₹) |
|---|---|---|---|---|
| Apr 01 | Drawings A/c Dr. To Purchases A/c (Being goods withdrawn by owner for personal use) | 7,000 | 7,000 | |
| Apr 02 | Advertisement (Samples) A/c Dr. To Purchases A/c (Being goods distributed as samples) | 500 | 500 | |
| Apr 03 | Charity A/c Dr. To Purchases A/c (Being goods given as charity) | 300 | 300 | |
| Apr 04 | Furniture A/c Dr. To Purchases A/c (Being timber used for making office furniture) | 5,000 | 5,000 | |
| Apr 05 | Loss by Fire A/c Dr. To Purchases A/c (Being goods destroyed by fire) | 3,500 | 3,500 | |
| Apr 06 | Loss in Transit A/c Dr. To Purchases A/c (Being goods lost in transit) | 2,000 | 2,000 |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Q.No.8 | Chapter 8 – Journal | T.S. Grewal Solution 2025-26", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Textbook Solution.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
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