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Question 14a Chapter 4 – Unimax Publications of Class 11
14a. Journalise the following transaction in the Books of Susheel.
2021
Mar. 1 Goods purchased for Rs. 30,000, carriage on it Rs. 2,000.
Mar.7 Purchased goods for Rs. 40,000, Freight on Purchase Rs. 2,000.
Mar. 10 Purchased goods for Rs. 35,000 from Sahil & paid carriage on it Rs. 2,500.
Mar. 17 Purchased machinery for Rs. 17,000 from A.B.C. Ltd. and paid freight on it
Mar. 27 Machinery purchased Rs. 37,000, Installation charges paid Rs. 3,000
JOURNAL OF SUSHEEL
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2021 | |||||
| Mar. 1 | Purchases A/c | Dr. | 30,000 | ||
| Carriage on Purchases A/c | Dr. | 2,000 | |||
| To Cash A/c | 32,000 | ||||
| (Being goods purchased and carriage paid) | |||||
| Mar. 7 | Purchases A/c | Dr. | 40,000 | ||
| Freight on purchases A/c | Dr. | 2,000 | |||
| To Cash A/c | 42,000 | ||||
| (Being goods purchased and freight paid) | |||||
| Mar. 10 | Purchases A/c | Dr. | 35,000 | ||
| To Sahil A/c | 35,000 | ||||
| (Being goods purchased from Sahil) | |||||
| Carriage on Purchases A/c | Dr. | 2,500 | |||
| To Cash A/c | 2,500 | ||||
| (Being carriage on purchases paid) | |||||
| Mar. 17 | Machinery A/c | Dr. | 20,000 | ||
| To ABC A/c | 17,000 | ||||
| To Freight A/c | 3,000 | ||||
| (Being Machinery purchased from ABC) | |||||
| Mar. 27 | Machinery A/c | Dr. | 40,000 | ||
| To Cash A/c | 40,000 | ||||
| (Being machinery purchased and installation charges paid) | |||||
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 "Question 14a Chapter 4 – Unimax Publications of Class 11", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 11 - 2023.
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