Problem 2 Chapter 6 - Unimax Publications of Class 11

Problem 2 Chapter 6 - Unimax

PROBLEM 2.
On 5th May. 2019, Mukesh paid 9800 to Ram Lal in full settlement of his account of Rs. 10,000 . Pass entry in Mukesh's journal and post it into ledger, 

The solution of Problem 2 Chapter 6 - Unimax:

MUKESH'S JOURNAL

Date	Particulars		L.F.	Debit	Credit
2019
May 5	Ram Lal’S A/C	Dr.		10,000
	To Cash A/C				9,800
	To Discount A/C				200
	(Being paid 9,800 to Ram Lal in full settlement of his account of Rs. 10,000)

MUKESH'S LEDGER RAM:

RAM LAL'S ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2019			2019
May 5	To Cash A/c	9,800	May 31	By Balance c/d	10,000
	To Discount A/c	200
		10,000			10,000
2019
June 1	To Balance b/d	10,000

CASH ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2019			2019
May 5	To Balance c/d	9,800	May 5	By Ram Lal’s A/c	9,800
		9,800			9,800
			2019
			June 1	By Balance b/d	9,800

DISCOUNT ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2019			2019
May 5	To Balance c/d	200	May 5	By Ram Lal’s A/c	200
		200			200
			2019
			June 1	By Balance b/d	200

This is all about the Problem 2 Chapter 6 - Unimax. You can check out the following article to better understand:

Ledger balancing or Closing of ledger account | Ledger

You Can also read all above articles in Hindi on our Hindi Website

Ledger balancing or Closing of ledger account | Ledger - In Hindi

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You can also Check out the solved question of other Chapters: -

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

• Chapter No. 1 – Introduction of Accounting
• Chapter No. 2 – Theory Base of Accounting
• Chapter No. 3 – Vouchers and Transactions
• Chapter No. 4 – Journal
• Chapter No. 5 – Goods and Services Tax (GST) : An Introduction
• Chapter No. 6 – Ledger
• Chapter No. 7 – Special Purpose Book – Cash Book
• Chapter No. 8 – Other Subsidiary Books
• Chapter No. 9 – Trial Balance
• Chapter No. 10 – Rectification of Errors
• Chapter No. 11 – Depreciation
• Chapter No. 12 – Provision and Reserves
• Chapter No. 13 – Bank Reconciliation Statement
• Chapter No. 14 – Bills of Exchange

Students may Choose only one part from the Part II and Part III

Part-II

• Chapter No. 15 – Financial Statements (Without Adjustments)
• Chapter No. 16 – Financial Statements (With Adjustments)
• Chapter No. 17 – Accounts from Incomplete Records – Single Entry System

Part-III

• Chapter No. 18 – Introduction to Computers and Accounting information System
• Chapter No. 19 – Computerised Accounting
• Chapter No. 20 – Accounting Software : Tally
• Chapter No. 21 – Data Base System
• Chapter No. 22 – Concept of Entity and Relationship

You can also Check out the other Books' Solution: -

• Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
• T.S. Grewal’s Double Entry Book Keeping (Class +1) – Solution
• D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution