Question 7a Chapter 4 – Unimax Publications of Class 11

Question 7a Chapter 4 – Unimax Publications of Class 11

7a. Record the following transactions in the journal of Shiv.
2021
Feb. 1 Paid Rs. 10,000 to Ishika on account.
Feb. 2 Paid Rs. 10,500 to Sunil for Salary.
Feb. 8 Paid Rs. 5,000 to Ravi for commission.
Feb. 20 Received Rs. 10,000 from Neha
Feb, 24Received Rs. 20,000 from Neharika on account.
Feb. 28 Received Rs. 18,000 from Lucky for Interest.

The solution of Question 7a Chapter 4 – Unimax Publications of Class 11:

JOURNAL OF SHIV

Date	Particulars		L.F.	Debit	Credit
2021
Feb. 1	Ishika A/c	Dr.		10,000
	To Cash A/c				10,000
	(Being cash paid to Ishika)
Feb. 2	Salaries A/c	Dr.		10,500
	To Cash A/c				10,500
	(Being cash paid to Sunil for salary)
Feb. 8	Commission A/c	Dr.		5,000
	To Cash A/c				5,000
	(Being cash paid to Ravi for commission)
Feb. 20	Cash A/c	Dr.		10,000
	To Neha A/c				10,000
	Being Cash received from Neha)
Feb. 24	Cash A/c	Dr.		20,000
	To Neharika A/c				20,000
	(Being cash received from Neharika)
Feb. 28	Cash A/c	Dr.		18,000
	To Interest A/c				18,000
	(Being cash received from lucky for interest)