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In this article, we have provided the Question wise solution to all Questions of Chapter No. 4 - Journal - Unimax Publications Class 11 – 2021, But first of all, we have explained the meaning of Journal: -
Journal in Accounting is the process of analyzing and recording business transactions in chronological (day to day) order. In this book, all transactions are recorded and it is known as Journal Daybook. It is also called the Book of Prime or Original Entry book. The journal entries are the foundation of the accounting system and it is also the first step of the accounting cycle.
“The process of recording a transaction in a journal is called journalizing the transactions.”
—Meigs and Meigs and Johnson
Read out the full article:
How to make Journal Entries in Accounting – Explanation
Also Check out same articel in Hindi from the following link
How to make Journal Entries in Accounting – in Hindi
Question wise solution of all Questions ofChapter No. 4 - Journal - Unimax Publications Class 11 – 2021 - Solutions are shown below: -
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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.
In this article, we have provided the Question wise solution to all Questions of Chapter No. 4 - Journal - Unimax Publications Class 11 – 2021, But first of…
Class 11 and Class 12 commerce students, and CA Foundation aspirants, studying Academic Subjects.
Yes — this page includes a short interactive quiz so you can check your understanding straight away.