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Question 25 Chapter 4 – Unimax Publications of Class 11
25. Enter the following transactions in the books of Subham.
2021
May 1 Subham commenced business of furniture with a capital of Rs. 2,50,000 brought in cash
May 2 Purchased furniture for Rs. 10,000
May 4 Purchased furniture from Rajat for Rs. 15,000
May 6 Sold furniture for cash Rs. 12,000
May 7 Purchased Stationary Rs. 400
May 9 Sold furniture to Manas for Rs. 5,000
May 12 Sold furniture to Raghav for cash Rs. 11,000
May 17 Purchased furniture from Sahil for cash Rs. 14,000
May 18 Cash paid to Rajat Rs. 15,000
May 20 Purchased Computer for Rs. 20,000
May 22 Cash received from Manas Rs. 5,000
May 31 Paid salaries Rs. 5,500.
BOOKS OF SUBHAM
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2021 | |||||
| May 1 | Cash A/c | Dr. | 2,50,000 | ||
| To Subham’s Capital A/c | 2,50,000 | ||||
| (Being commenced business of furniture with cash) | |||||
| May 2 | Purchases A/c | Dr. | 10,000 | ||
| To Cash A/c | . | 10,000 | |||
| (Being purchased furniture) | |||||
| May 4 | Purchases A/c | Dr. | 15,000 | ||
| To Rajat’s A/c | 15,000 | ||||
| (Being purchased furniture from Rajat) | |||||
| May 6 | Cash A/c | Dr. | 12,000 | ||
| To Sales A/c | 12,000 | ||||
| (Being sold furniture for cash) | |||||
| May 7 | Stationery A/c | Dr. | 400 | ||
| To Cash A/c | 400 | ||||
| (Being purchased stationery) | |||||
| May 9 | Manas’s A/c | Dr. | 5,000 | ||
| To Sales A/c | 5,000 | ||||
| (Being sold furniture to Manas) | |||||
| May 12 | Cash A/c | Dr. | 11,000 | ||
| To Sales A/c | 11,000 | ||||
| (Being sold furniture to Raghav for cash) | |||||
| May 17 | Purchases A/c | Dr. | 14,000 | ||
| To Cash A/c | 14,000 | ||||
| (Being purchased furniture for cash) | |||||
| May 18 | Rajat’s A/c | Dr. | 15,000 | ||
| To Cash A/c | 15,000 | ||||
| (Being cash paid to Rajat) | |||||
| May 20 | Computer A/c | Dr. | 20,000 | ||
| To Cash A/c | 20,000 | ||||
| (Being computer purchased) | |||||
| May 22 | Cash A/c | Dr. | 5,000 | ||
| To Manas’s A/c | 5,000 | ||||
| (Being cash received from Manas) | |||||
| May 31 | Salaries A/c | Dr. | 5,500 | ||
| To Cash A/c | 5,500 | ||||
| (Being Salaries paid) | |||||
| Grand Total | 3,62,900 | 3,62,900 | |||
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 25 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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