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Question 21 Chapter 4 – Unimax Publications of Class 11
21. On 1st April 2021 Record the following transactions in the Books of Shelly.
| Cash in hand | 1,000 |
| Cash at Bank | 3,000 |
| Building | 30,000 |
| Machinery | 10,000 |
| Due from X | 6,000 |
| Loan | 20,000 |
| Due to Y | 10,000 |
| Bills Payable | 4,000 |
JOURNAL OF RAMAN
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2021 | |||||
| 1 April | Cash A/c | Dr. | 1,000 | ||
| Bank A/c | Dr. | 3,000 | |||
| Building A/c | Dr. | 30,000 | |||
| Machinery A/c | Dr. | 10,000 | |||
| Due from X A/c | Dr. | 6,000 | |||
| To Loan A/c | 20,000 | ||||
| To Y A/c | 10,000 | ||||
| To Bills payable A/c A/c | 4,000 | ||||
| To Capital A/c | 16,000 | ||||
| (Being the opening entry for balances brought forward) | |||||
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 21 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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