Question 27 Chapter 4 - Unimax Publications of Class 11

Date	Particulars		L.F.	Debit	Credit
2021
July 1	Cash A/c	Dr.		2,500
	To Shrey’s Capital A/c				2,500
	(Being commenced business with cash)
July 2	Bank A/c	Dr.		1,000
	To Cash A/c				1,000
	(Being money deposited into bank)
July 5	Furniture A/c	Dr.		22,000
	To Cash A/c				22,000
	(Being furniture purchased)
July 7	Purchases A/c	Dr.		80,000
	To Vikas’s A/c				80,000
	(Being bought goods from Vikas)
July 9	Bablu’s A/c	Dr.		25,000
	To Sales A/c				25,000
	(Being sold goods to Bablu)
July 12	Rajeev’s A/c	Dr.		40,000
	To Sales A/c				40,000
	(Being goods sold to Rajeev)
July 15	Sales Returns A/c	Dr.		6,000
	To Bablu’s A/c				6,000
	(Being goods returned by Bablu )
July 18	Cash A/c	Dr.		19,000
	To Bablu’s A/c				19,000
	(Being cash received from Bablu)
July 24	Cash A/c	Dr.		40,000
	To Rajeev’s A/c				40,000
	(Being cash received from Rajeev)
July 28	Vikas’s A/c	Dr.		4,500
	To Purchases Returns A/c				4,500
	(Being goods returned to Vikas)
July 31	Vikas’s A/c	Dr.		75,500
	Rent A/c	Dr.		4,500
	To Cash A/c				80,000
	(Being paid rent and paid to Vikas)
	Grand Total			3,20,000	3,20,000

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Opening Journal Entry – its Rules and Examples 

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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