Question 5b Chapter 4 – Unimax Publications of Class 11

Question 5b Chapter 4 – Unimax Publications of Class 11

5. (b) Journalise the following transactions in the books of Riya.
2021
Jan. 1 Started business with cash Rs. 1,80,000.
Jan. 2 Goods purchase Rs. 4,000.
Jan. 3 Purchase goods for cash Rs. 80,000.
Jan. 7 Purchase goods for cash from Sonia Rs. 10,000.
Jan. 10 Purchase goods on credit from Monika 15,000.
Jan. 12 Sold goods to Ravi Rs. 10,000.
Jan. 15 Sold goods Rs. 1,00,000.
Jan 18 Sold goods to Rahul Rs. 10,000 on credit.
Jan. 20 Sold goods to Sunil Rs. 15,000 on cash.
Jan. 25 Cash Sale Rs. 10,000.

The solution of Question 5b Chapter 4 – Unimax Publications of Class 11:

JOURNAL OF RIYA

Date	Particulars		L.F.	Debit	Credit
2021
Jan 1	Cash A/c	Dr.		1,80,000
	To Capital A/c				1,80,000
	(Being business started with cash)
Jan 2	Purchases A/c	Dr.		4,000
	To Cash A/c				4,000
	(Being goods purchased)
Jan 3	Purchases A/c	Dr.		80,000
	To Cash A/c				80,000
	(Being goods purchased for cash)
Jan 7	Purchases A/c	Dr.		10,000
	To Cash A/c				10,000
	(Being goods purchased from Sonia on cash)
Jan 10	Purchases A/c	Dr.		15,000
	To Monika A/c				15,000
	(Being goods sold from Monika on credit )
Jan 12	Ravi A/c	Dr.		10,000
	To Sales A/c				10,000
	(Being goods sold to Ravi )
Jan 15	Cash A/c	Dr.		1,00,000
	To Sales A/c				1,00,000
	(Being goods sold)
Jan 18	Rahul A/c	Dr.		10,000
	To Sales A/c				10,000
	(Being goods sold to Rahul on credit )
Jan 20	Cash A/c	Dr.		15,000
	To Sales A/c				15,000
	(Being goods sold to Sunil on cash )
Jan 25	Cash A/c	Dr.		10,000
	To Sales A/c				10,000
	(Being cash sales )