Question 12 Chapter 4 - Unimax Publications of Class 11

Question 12 Chapter 4 - Unimax

12. Enter the following transactions in the Books of Prince.
2021
Mar. 1 Salary received on behalf of Riya Rs. 25,000
Mar. 3 Commission paid to Raja on behalf of Mani Rs. 10,000.
Mar.8 Cash received from Anant on behalf of Suman Rs. 20,000.
Mar. 10 Cash paid to Taniya on behalf of Utkarsh Rs. 14,000.
Mar. 15 Issued cheque to Guggu on behalf of Bhavi Rs. 15,000.

The solution of Question 12 Chapter 4 - Unimax:

JOURNAL

Date	Particulars		L.F.	Debit	Credit
2021
Mar. 1	Cash A/c	Dr.		25,000
	To Riya A/c				25,000
	(Being salary received on behalf of Riya)
Mar. 3	Mani A/c	Dr.		10,000
	To Cash A/c				10,000
	(Being commission paid to Raja on behalf of Mani)
Mar. 8	Cash A/c	Dr.		20,000
	To Suman A/c				20,000
	(Being cash received from Anant on behalf of Suman)
Mar. 10	Utkarsh A/c	Dr.		14,000
	To Cash A/c				14,000
	(Being cash paid to Taniya on behalf of Utkarsh)
Mar. 15	Bhavi A/c	Dr.		15,000
	To Bank A/c				15,000
	(Being cheque issued to Guggu on behalf of Bhavi)

This is all about the Question 12 Chapter 4 - Unimax. You can check out the following article to better understand:

Opening Journal Entry – its Rules and Examples 

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Opening Journal Entry – its Rules and Examples - 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