Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Advertisement
Advertisement
Advertisement
Advertisement
Question 8 Chapter 4 – Unimax Publications of Class 11
8. Record the following transactions in the books of Amrit.
2021
Feb. 1 Cash Deposited into Bank Rs. 50,000.
Feb. 2 Cash withdrawn from Bank RS. 10,000.
Feb. 5 Cash withdrawn from Bank for office use Rs.10,000.
Feb. 10 Cash withdrawn from bank for Rs. 9,000.
Feb. 11 Paid Salary Rs. 5,000 by cheque.
Feb. 15 Cheque issued to Sunil Rs. 10,000 on his Account.
Feb. 20 Received cheque from Sunil Rs. 1,000.
Feb. 25 Sunil's, cheque dishonored.
Feb. 28 Received cheque RS. 5,000 from Arjun.
JOURNAL OF AMRIT
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2021 | |||||
| Feb. 1 | Bank A/c | Dr. | 50,000 | ||
| To Cash A/c | 50,000 | ||||
| (Being cash deposited into bank) | |||||
| Feb. 2 | Cash A/c | Dr. | 10,000 | ||
| To Bank A/c | 10,000 | ||||
| (Being cash withdrawn from bank) | |||||
| Feb. 5 | Cash A/c | Dr. | 10,000 | ||
| To Bank A/c | 10,000 | ||||
| (Being cash withdrawn from office ) | |||||
| Feb. 10 | Cash A/c | Dr. | 9,000 | ||
| To Bank A/c | 9,000 | ||||
| (Being cash withdrawn from bank) | |||||
| Feb. 11 | Salaries A/c | Dr. | 5,000 | ||
| To Bank A/c | 5,000 | ||||
| (Being cheque issued to Sunil) | |||||
| Feb. 15 | Sunil A/c | Dr. | 10,000 | ||
| To Bank A/c | 10,000 | ||||
| (Being wages paid) | |||||
| Feb. 20 | Cash A/c | Dr. | 1,000 | ||
| To Sunil A/c | 1,000 | ||||
| (Being cheque received from Sunil) | |||||
| Feb. 25 | Sunil A/c | Dr. | 1,000 | ||
| To Bank A/c | 1,000 | ||||
| (Being Sunil's cheque dishonored) | |||||
| Feb. 28 | Bank A/c | Dr. | 5,000 | ||
| To Arjun A/c | 5,000 | ||||
| (Being cheque received from Arjun) | |||||
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 8 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.
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 8 Chapter 4 – Unimax Publications of Class 11" instantly.
