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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 17 Chapter 6 – Unimax Publications of Class 11
17. Enter the following in the journal and post them into the ledger.
| 2023 | ₹ | |
| Jan.1 | Sandeep commenced business with cash | 20,000 |
| Jan.4 | Purchases goods from Sohan | 19,000 |
| Jan.6 | Sold goods for cash | 8,000 |
| Jan.9 | Paid to Sohan on account | 11,000 |
| Jan.11 | Returned goods to Sohan | 1,000 |
| Jan.12 | Sold goods to Chaman Lal | 4,700 |
| Jan.14 | Bought goods from B.D. Gupta | 5,600 |
| Jan.18 | Chaman Lal returned goods | 400 |
| Jan.22 | Sold goods to Ravinder subject to a trade discount of10% | 3,000 |
| Jan.24 | Paid B.D. Gupta | 2,500 |
| Jan.29 | Purchased stationery | 300 |
| Jan.31 | Paid rent | 450 |
| Jan.31 | Paid salaries | 2,700 |
Journal
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2023 | |||||
| Jan.1 | Cash A/c | Dr. | 20,000 | ||
| To capital A/c | 20,000 | ||||
| (Being Sandeep commenced business with cash) | |||||
| Jan.4 | Dr. | 19,000 | |||
| Purchases A/c | |||||
| To Sohan A/c | 19,000 | ||||
| (Being purchases goods from Sohan) | |||||
| Jan.6 | Cash A/c | Dr. | 8,000 | ||
| To Sales A/c | 8,000 | ||||
| (Being sold goods for cash) | |||||
| Jan.9 | Sohan A/c | Dr. | 11,000 | ||
| To cash A/c | 11,000 | ||||
| (Being paid to Sohan on account) | |||||
| Jan.11 | Sohan A/c | Dr. | 1,000 | ||
| To Return outward A/c | 1,000 | ||||
| (Being return goods to Sohan) | |||||
| Jan.12 | Chaman Lal A/c | Dr. | 4,700 | ||
| To Sales A/c | 4,700 | ||||
| (Being sold goods to Chaman Lal) | |||||
| Jan.14 | Purchases A/c | Dr. | 5,600 | ||
| To B.D. Gupta A/c | 5,600 | ||||
| (Being goods purchases from B.D. Gupta) | |||||
| Jan.18 | Return inward A/c | Dr. | 400 | ||
| To Chaman Lal A/c | 400 | ||||
| (Being Chaman Lal return goods) | |||||
| Jan.22 | Ravinder A/c | Dr. | 2,700 | ||
| To Sales A/c | 2,700 | ||||
| (Being goods sold to Ravinder) | |||||
| Jan.24 | B.D. Gupta A/c | Dr. | 2,500 | ||
| To Cash A/c | 2,500 | ||||
| (Being cash paid to B.D. Gupta) | |||||
| Jan.29 | Stationery A/c | Dr. | 300 | ||
| To cash A/c | 300 | ||||
| (Being purchases stationery) | |||||
| Jan.31 | Rent A/c | Dr. | 450 | ||
| To cash A/c | 450 | ||||
| (Being paid rent) | |||||
| Jan.31 | Salaries A/c | Dr. | 2,700 | ||
| To cash A/c | 2,700 | ||||
| (Being paid salaries) | |||||
Cash A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||
| Jan. 1 | To Capital A/c | 20,000 | Jan.9 | By Sohan A/c | 11,000 | ||
| Jan.6 | To sales A/c | 8,000 | Jan.24 | By B.D. Gupta A/c | 2,500 | ||
| Jan.29 | By Stationery A/c | 300 | |||||
| Jan.31 | By Rent A/c | 450 | |||||
| Jan.31 | By Salaries A/c | 2,700 | |||||
| Jan.31 | By balance c/d | 11,050 | |||||
| 28,000 | 28,000 | ||||||
| feb.1 | To balance b/d | 11,050 |
Capital A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | |||||||
| Jan.1 | By cash A/c | 20,000 | |||||
Purchases A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | |||||||
| Jan.4 | To Sohan A/c | 19,000 | |||||
| Jan.14 | To B.D. Gupta A/c | 5,600 |
Sales A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | |||||||
| Jan.6 | By Cash A/c | 8,000 | |||||
| Jan.12 | By Chaman Lal A/c | 4,700 | |||||
| Jan.22 | By Ravinder A/c | 2,700 |
Sohan’s A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||
| Jan.9 | To Cash A/c | 11,000 | Jan.4 | By Purchases A/c | 19,000 | ||
| Jan.11 | To Return outward A/c | 1,000 | |||||
Return outwards A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | |||||||
| Jan.11 | By Sohan A/c | 1,000 |
Return Inward A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | |||||||
| Jan.18 | To Chaman Lal A/c | 400 |
Chaman Lal A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||
| Jan.12 | To sales A/c | 4,700 | Jan.18 | By Return inwards A/c | 400 |
B.D. Gupta A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||
| Jan.24 | To Cash A/c | 2,500 | Jan. 14 | By Purchases A/c | 5,600 |
Ravinder’s A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||
| Jan.22 | To Sales A/c | 2,700 |
Stationery A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||
| Jan.31 | To Cash A/c | 300 |
Rent A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||
| Jan.31 | To Cash A/c | 450 |
Salaries A/c
| Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||
| Jan. 31 | To Cash A/c | 2,700 |
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 17 Chapter 6 – Unimax Publications of Class 11", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 11 - 2023.
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.
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