Question 19 Chapter 4 - Unimax Publications of Class 11

Date	Particulars		L.F.	Debit	Credit
2021
June 2	Loss by flood A/c	Dr.		20,000
	To Purchases A/c				20,000
	(Being goods destroyed by flood)
June 3	Bank A/c	Dr.		20,000
	Loss by fire A/c	Dr.		10,000
	To Purchases A/c				30,000
	(Being goods destroyed by fire, the insurance company paid the Claim)
June 7	Insurance Company A/c	Dr.		32,000
	Loss by fire A/c			8,000
	To Purchases A/c				40,000
	(Being goods destroyed by fire & Insurance company admitted the claim)
June 8	Insurance Company A/c	Dr.		30,000
	To Purchases A/c				30,000
	(Being goods destroyed by fire and full claim admitted by Insurance company)
June 17	Loss by embezzlement A/c	Dr.		14,000
	To Cash A/c				14,000
	(Being cash stolen from cash box)
June 19	Loss by embezzlement A/c	Dr.		20,000
	To Cash A/c				20,000
	(Being cash stolen from cash box 50,000 and 30,000 Recovered same day)
June 23	Loss by embezzlement A/c	Dr.		37,000
	To Purchases A/c				37,000
	(Being goods loss by embezzlement)

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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