Question 2 Chapter 6 - Unimax Publications of Class 11

Question 2 Chapter 6 - Unimax

2. Record the following transactions in Journal post them into ledger and find out the balances of all the accounts
2020
March 1 Purchased goods from Jashan Rs. 10,000
March 6 Goods destroyed by fire Rs. 2,000
March 13 Commission paid in cash Rs. 2,000
March 17 Furniture purchased from Neha Rs. 20,000
March 25 Sold goods for Rs. 15,000
March 28 Cash deposited into Bank Rs. 5,600

The solution of Question 2 Chapter 6 - Unimax:

JOURNAL

Date	Particulars		L.F.	Debit	Credit
2020
March 1	Purchase A/C	Dr.		10,000
	To Jashan A/C				10,000
	(Being goods purchased from Jashan)
March 6	Loss by Fire A/c	Dr.		2,000
	To Purchase A/c				2,000
	(Being goods destroyed by fire)
March 13	Commission A/C	Dr.		2,000
	To Cash A/c				2,000
	(Being commission paid in cash)
March 17	Furniture A/C	Dr.		20,000
	To Neha A/C				20,000
	(Being Furniture purchased from Neha)
March 25	Cash A/c	Dr.		15,000
	To Sales A/c				15,000
	(Being goods sold)
March 28	Bank A/C	Dr.		5,600
	To Cash A/c				5,600
	(Being cash deposited into bank)

LEDGER :

PURCHASE ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020			2020
March 1	To Jashan A/c	10,000	March 6	By Loss by Fire A/c	2,000

 JASHAN A/C

Date	Particulars	Amount	Date	Particulars	Amount
			2020
			March 1	By Purchase A/c	10,000

LOSS BY FIRE ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
March 6	To Purchase A/c	2,000

 COMMISSION A/C

Date	Particulars	Amount	Date	Particulars	Amount
2020
March 13	To Cash A/c	2,000

CASH ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020			2020
Mar. 25	To Sales account	15,000	Mar. 13	By Commission A/c	2,000
			2020
			Mar. 28	By Bank A/c	5,600

FURNITURE ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
March 1	To Neha A/c	20,000

 NEHA A/C

Date	Particulars	Amount	Date	Particulars	Amount
			2020
			March 17	By Furniture A/c	20,000

SALES ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
			2020
			March 25	By Cash A/c	15,000

BANK ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
March 28	To Cash A/c	5,600

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

Ledger balancing or Closing of ledger account | Ledger

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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