Question 39 Chapter 5 of Class 12 Part – 1 Usha Publication
39. (Revaluation Entries) Record the folowing in Journal.
(a) A claim of Rs. 5,000 against the firm for late supply of goods was acknowledged.
(b) A claim of Rs. 5,000 by the firm for late payment by the customer was admitted.
(c) Commission earned Rs. 4,000 was not recorded.
(d) Commission payable to salesman ? Rs. 15,000 was not recorded.
We are providing a solution of Question 39 Chapter 5 of +2 Part-1 in two formats. one is in Video format and another is in article format. Check out both formats as follows:
The video consists solution of question numbers from 39 to 41 Chapter no. 5 class 12 of Usha publication. To check the direct solution of question no. 39 from the flowing video by using time stamps of the video.
Journal
| Date | Particulars |
L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| a) | Revaluation A/c | Dr. | 5,000 | ||
| To claim outstanding A/c | 5,000 | ||||
| (Being claim admitted) | |||||
| b) | Claim A/c | Dr. | 5,000 | ||
| To Revaluation A/c | 5,000 | ||||
| (Being claim due from customer) | |||||
| c) | Commission Accrued A/c | Dr. | 4,000 | ||
| To Revaluation A/c | 4,000 | ||||
| (Being commission accrued) | |||||
| d) | Revaluation A/c | Dr. | 15,000 | ||
| To Commission due A/c | 15,000 | ||||
| (Being commission due to salesman) | |||||
Thanks, Please Like and share with your friends
Comment if you have any questions.
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 39 Chapter 5 of Class 12 Part – 1 Usha Publication", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Textbook Solution.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question 39 Chapter 5 of Class 12 Part – 1 Usha Publication" instantly.