What is the main topic of "Q.No.5 | Chapter 9 – Ledger | T.S. Grewal Solution 2025-26"?

This guide covers "Q.No.5 | Chapter 9 – Ledger | T.S. Grewal Solution 2025-26", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Textbook Solution.

Who can benefit from this guide on "Q.No.5 | Chapter 9 – Ledger | T.S. Grewal Solution 2025-26"?

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.

Where can I practice questions related to "Q.No.5 | Chapter 9 – Ledger | T.S. Grewal Solution 2025-26"?

You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Q.No.5 | Chapter 9 – Ledger | T.S. Grewal Solution 2025-26" instantly.

Q.No.5 | Chapter 9 – Ledger | T.S. Grewal Solution 2025-26

⚡

Quick Overview & Key Takeaways

Focus Topic:Q.No.5 | Chapter 9 – Ledger | T.S. Grewal Solution 2025-26

Estimated Reading Time:2 mins

Comprehensive academic guide covering core concepts of Q.No.5 | Chapter 9 – Ledger | T.S. Grewal Solution 2025-26.
Syllabus-aligned study material with detailed definitions, formats, and practical examples.
Interactive check: Includes a custom practice quiz at the bottom of the article to self-evaluate knowledge.

Enter the following transactions in the Journal of Karim Bros and post to the Ledger:

Opening Balances (April 1, 2025): Cash ₹20,000; Bank ₹35,000; Stock ₹15,000; Furniture ₹4,500; Debtors: Poonam ₹20,000, Sonu ₹10,000 | Creditors: Ashok ₹13,500, Pankaj ₹21,500

2025	Transaction	₹
Apr. 4	Purchased goods from Pankaj on credit	5,000
Apr. 7	Paid to Ashok by cheque in full settlement	13,000
Apr. 10	Sold goods to Poonam on credit	11,000
Apr. 12	Purchased goods from Ashok on credit	15,000
Apr. 15	Sold goods to Sonu on credit	6,000
Apr. 18	Received cheque from Poonam ₹24,500; discount allowed ₹500	24,500
Apr. 25	Paid for stationery (cash)	1,200
Apr. 27	Paid telephone bill by cheque	3,500
Apr. 30	Paid salaries (cash)	6,000

Journal

Date	Particulars	Dr. (₹)	Cr. (₹)
Apr.01	Cash A/c Dr.	20,000
	Bank A/c Dr.	35,000
	Stock A/c Dr.	15,000
	Furniture A/c Dr.	4,500
	Poonam A/c Dr.	20,000
	Sonu A/c Dr.	10,000
	To Ashok A/c		13,500
	To Pankaj A/c		21,500
	To Capital A/c		69,500
	(Opening entry)
Apr.04	Purchases A/c Dr.	5,000
	To Pankaj A/c		5,000
	(Goods purchased from Pankaj on credit)
Apr.07	Ashok A/c Dr.	13,500
	To Bank A/c		13,000
	To Discount Received A/c		500
	(Payment to Ashok; discount received)
Apr.10	Poonam A/c Dr.	11,000
	To Sales A/c		11,000
	(Goods sold to Poonam on credit)
Apr.12	Purchases A/c Dr.	15,000
	To Ashok A/c		15,000
	(Goods purchased from Ashok on credit)
Apr.15	Sonu A/c Dr.	6,000
	To Sales A/c		6,000
	(Goods sold to Sonu on credit)
Apr.18	Bank A/c Dr.	24,500
	Discount Allowed A/c Dr.	500
	To Poonam A/c		25,000
	(Payment received from Poonam; discount allowed)
Apr.25	Stationery A/c Dr.	1,200
	To Cash A/c		1,200
	(Stationery purchased for cash)
Apr.27	Telephone Bill A/c Dr.	3,500
	To Bank A/c		3,500
	(Telephone bill paid by cheque)
Apr.30	Salaries A/c Dr.	6,000
	To Cash A/c		6,000
	(Salaries paid)

Ledger

Cash Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		20,000	Apr.25	Stationery A/c		1,200
				Apr.30	Salaries A/c		6,000
				Apr.30	Balance c/d		12,800
	Total		20,000		Total		20,000
May.01	Balance b/d		12,800

Bank Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		35,000	Apr.07	Ashok A/c		13,000
Apr.18	Poonam A/c		24,500	Apr.27	Telephone Bill A/c		3,500
				Apr.30	Balance c/d		43,000
	Total		59,500		Total		59,500
May.01	Balance b/d		43,000

Stock Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		15,000	Apr.30	Balance c/d		15,000
	Total		15,000		Total		15,000
May.01	Balance b/d		15,000

Furniture Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		4,500	Apr.30	Balance c/d		4,500
	Total		4,500		Total		4,500
May.01	Balance b/d		4,500

Poonam Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		20,000	Apr.18	Bank A/c		24,500
Apr.10	Sales A/c		11,000	Apr.18	Discount Allowed A/c		500
				Apr.30	Balance c/d		6,000
	Total		31,000		Total		31,000
May.01	Balance b/d		6,000

Sonu Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		10,000	Apr.30	Balance c/d		16,000
Apr.15	Sales A/c		6,000
	Total		16,000		Total		16,000
May.01	Balance b/d		16,000

Ashok Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.07	Bank A/c		13,000	Apr.01	Balance b/d		13,500
Apr.07	Discount Received A/c		500	Apr.12	Purchases A/c		15,000
Apr.30	Balance c/d		15,000
	Total		28,500		Total		28,500
				May.01	Balance b/d		15,000

Pankaj Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		26,500	Apr.01	Balance b/d		21,500
				Apr.04	Purchases A/c		5,000
	Total		26,500		Total		26,500
				May.01	Balance b/d		26,500

Capital Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		69,500	Apr.01	Balance b/d		69,500
	Total		69,500		Total		69,500
				May.01	Balance b/d		69,500

Purchases Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.04	Pankaj A/c		5,000	Apr.30	Balance c/d		20,000
Apr.12	Ashok A/c		15,000
	Total		20,000		Total		20,000
May.01	Balance b/d		20,000

Sales Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		17,000	Apr.10	Poonam A/c		11,000
				Apr.15	Sonu A/c		6,000
	Total		17,000		Total		17,000
				May.01	Balance b/d		17,000

Discount Received Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		500	Apr.07	Ashok A/c		500
	Total		500		Total		500
				May.01	Balance b/d		500

Discount Allowed Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.18	Poonam A/c		500	Apr.30	Balance c/d		500
	Total		500		Total		500
May.01	Balance b/d		500

Stationery Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.25	Cash A/c		1,200	Apr.30	Balance c/d		1,200
	Total		1,200		Total		1,200
May.01	Balance b/d		1,200

Telephone Bill Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.27	Bank A/c		3,500	Apr.30	Balance c/d		3,500
	Total		3,500		Total		3,500
May.01	Balance b/d		3,500

Salaries Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Cash A/c		6,000	Apr.30	Balance c/d		6,000
	Total		6,000		Total		6,000
May.01	Balance b/d		6,000

Trial Balance as on 30th April, 2025

Trial Balance as on 30th April 2025

S.No.	Account Name	Dr. (₹)	Cr. (₹)
1	Cash A/c	12,800
2	Bank A/c	43,000
3	Stock A/c	15,000
4	Furniture A/c	4,500
5	Poonam A/c	6,000
6	Sonu A/c	16,000
7	Ashok A/c		15,000
8	Pankaj A/c		26,500
9	Capital A/c		69,500
10	Purchases A/c	20,000
11	Discount Received A/c		500
12	Sales A/c		17,000
13	Stationery A/c	1,200
14	Telephone Bill A/c	3,500
15	Salaries A/c	6,000
16	Discount Allowed A/c	500
	Total	1,28,500	1,28,500