Question No 01 Chapter No 7 - USHA Publication 11 Class

Question No 01 Chapter No 7 01. Purchased furniture for RS 30,000 for cash on 1st July 2018. Pass the necessary journal entry and post it in the ledger The solution of Question No 01 Chapter No 7: - Date Particulars L.F. Debit Credit 2018 Jul.1 Furniture A/c Dr. 30,000 To Cash A/c 30,000 (Being furniture purchased for cash ) Dr. Furniture A/c Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount 2018 2018

Question No 02 Chapter No 7 - USHA Publication 11 Class

Question No 02 Chapter No 7 02. Enter the following transaction in Journal and post them into Ledger 2015 ` Rs Feb.1 Business started with cash 80,000 Feb.4 Deposited cash into bank 18,000 Feb.7 Salaries paid 15,000 Feb.10 Purchased computer 25,000 The solution of Question No 02 Chapter No 7: - Date Particulars L.F. Debit Credit 2018 Feb.1 Cash A/c Dr. 80,000 To Capital A/c 80,000 (Being Business started with cash ) Feb.4

Question No 03 Chapter No 7 - USHA Publication 11 Class

Question No 03 Chapter No 7 03. Record the following transaction in the journal, post them into the ledger and find out the balance of all account 2017 ` Jan.1 Purchased goods from Naveen Rs 18,000 Jan.4 Sold goods for Rs 22,000 Jan.7 Goods destroyed by fire Rs 2,500 Jan.10 Furniture purchased from Manisha Rs 25,000 Jan. 15 Rent paid in cash Rs 3,500 Jan. 30 Cash deposited into bank Rs 4,500 The solution of Question No 03 Chapter No 7: - Date Particulars L.F. Debit Cred

Question No 04 Chapter No 7 - USHA Publication 11 Class

Question No 04 Chapter No 7 04. Enter follow transaction in Journal and post them into Ledger: 2018 Dec.1 Received cheque on account of Sale Rs 2,00,000; rent Rs 40,000 and commission Rs 15,000 Dec. 25 Paid cheque on account of Interest Rs 12,000; machinery Rs 38,000and purchase of goods Rs 60,000 The solution of Question No 04 Chapter No 7: - Date Particulars L.F. Debit Credit 2018 Dec.1 Bank A/c Dr. 2,55,000 To Sale A/c 2,00,000 To Rent A/c

Question No 05 Chapter No 7 - USHA Publication 11 Class

Question No 05 Chapter No 7 05. Record the following transaction in the journal of Pratistha, post them into ledger and balance: 2019 Feb.1 Received Rs 20,000on account of sale of goods Rs 25,000 from Sulekha Rs 5,000 as interest Feb. 14 Paid Rs 25,000 to Parvesh on account of goods purchased last year, Rs 2,000 p.m. as rent to the landlord for 9 months and interest on loan @6% p.a. on Rs 1,00,000 for 8 months Feb. 27 Cash is withdrawn from bank Rs 22,800, additional capital introduc

Question No 06 Chapter No 7 - USHA Publication 11 Class

Question No 06 Chapter No 7 06. Dalbir had the following assets and liabilities as on 1st April 2019: Stock Rs 3,000; Sundry debtors Rs 15,800; Furniture Rs 1,500; Bills receivable Rs 800; cash Rs 645; Bills payable Rs 760; Bank overdraft Rs 3,250 and Sundry creditors Rs 6,735. pass the necessary opening entry and post the same in the ledger. The solution of Question No 06 Chapter No 7: - Date Particulars L.F. Debit Credit 2019 Apr.1 Cash A/c Dr. 645 Bills receivabl

Question No 07 Chapter No 7 - USHA Publication 11 Class

Question No 07 Chapter No 7 07. On 1st April 2017 the position of Amrinder Singh was as follow Rs Rs Capital 25,500 Stock 10,100 Bills Payable 2,500 Machinery 10,000 Mrs A’s Loan 4,500 Furniture 1,000 Bank 4,400 Bills receivable 2,000 Patent right 5,000 The solution of Question No 07 Chapter No 7: - Date Particulars L.F. Debit Credit 2017 Apr.1 Stock A/c Dr. 10,100 Machinery A/c Dr. 10,000 Furniture A/c Dr. 1,000 B

Question No 08 Chapter No 7 - USHA Publication 11 Class

Question No 08 Chapter No 7 08. Journalese the following transactions, post them into the ledger and make the balancing of ledger account: Apr. 1 Ravi commenced business with cash Rs 80,000 Apr. 6 Purchased furniture for Rs 12,000 Apr. 10 Purchased goods on credit from Dalip Rs 16,600 Apr. 12 Rent paid in cash Rs 1,800 Apr. 15 Goods sold for the cash Rs 10,000 The solution of Question No 08 Chapter No 7: - Date Particulars L.F. Debit Credit 2019 Apr.1 Cash A/c

Question No 09 Chapter No 7 - USHA Publication 11 Class

Question No 09 Chapter No 7 09. From the information given below:(a) Prepare the account of Mr Small as it would appear in the books of Mr Big. 2019 Rs Mar. 1 Debit balance brought forward 3,000 Mar. 7 Mr Small made credit purchases from Mr Big 1,500 Mar. 12 Mr Small returned defective goods 150 Mar. 15 Mr Small paid on account 3,000 Mar. 30 Mr Small repaid the roof of Mr Big's premises and agrees to adjust the value of this work in his account Rs 530 (b) What does the balanc

Question No 10 Chapter No 7 - USHA Publication 11 Class

Question No 10 Chapter No 7 10. From the following information, prepare Somesh's Account, balance it and explain what does the closing balance indicate? 2018 Rs Jan. 1 Opening Balance (Dr) 12,300 Jan. 10 Sold goods to him 67,000 Jan. 15 Received cash from him 30,000 Jan. 20 He returned goods 50,000 Jan. 23 Purchased furniture from him 90,000 Jan.29 Paid by cheque 60,000 The solution of Question No 10 Chapter No 7: - Dr. Somesh's A/c Cr. Date Particulars J.F. Amount Date

Question No 11 Chapter No 7 - USHA Publication 11 Class

Question No 11 Chapter No 7 11. Pass journal entries and prepare only Furniture Account: 2019 Rs Jan. 1 Purchased furniture for cash from Akhil 18,000 Jan. 15 Purchased furniture on credit from Sumesh 12,000 Jan. 26 Depreciate furniture 250 Jan. 28 Furniture withdrew for personal use. 1,000 Jan. 31 Furniture coating Rs 4,000 sold for Rs 4,600 The solution of Question No 11 Chapter No 7: - Date Particulars L.F. Debit Credit 2018 Jan.1 Furniture A/c Dr. 18,0

Question No 12 Chapter No 7 - USHA Publication 11 Class

Question No 12 Chapter No 7 12. Pass journal entries and prepare Machinery Account: 2019 Mar. 1 Purchased Machinery for Cash Rs 35,000. installation charges paid Rs 2,500 Mar. 7 Purchased machinery on credit from Tahira RS 52,000 installation charges paid by cheque Rs 1,000 Mar. 12 Machinery of the book value of Rs 12,000 sold for Rs 15,000 Mar. 16 Machinery of the book value of Rs 20,000 sold for Rs 17,500 Mar. 23 Machinery withdrew for personal use Rs 7,000 Mar. 30 De

Question No 13 Chapter No 7 - USHA Publication 11 Class

Question No 13 Chapter No 7 13. Pass journal entries and prepare only Stationery Account: 2018 Rs Feb. 1 Opening balance of Stationery 3,000 Feb. 9 Purchased stationery for cash 18,500 Feb. 19 Purchased stationery on credit from Bose 10,200 Feb. 23 Stationery purchased by cheque 8,400 Feb. 28 Stock of stationery 5,100 The solution of Question No 13 Chapter No 7: - Journal Date Particulars L.F. Debit Credit 2018 Feb.1 No entry

Question No 14 Chapter No 7 - USHA Publication 11 Class

Question No 14 Chapter No 7 14. From the following particulars, prepare the proprietor's capital 2018 Rs Apr. 1 Started business with 45,000 May. 10 Withdrawn from the bank for personal use 10,000 Jul. 15 Further capital introduced 55,000 Aug. 20 Goods are withdrawn for personal use 4,000 Sep. 21 Life insurance premium paid 5,000 Nov. 24 Income tax paid 12,000 2019 Mar. 31 Profit for the year 36,000 The solution of Question No 14 Chapter No 7: - Dr. Capital A

Question No 15 Chapter No 7 - USHA Publication 11 Class

Question No 15 Chapter No 7 15. Are the following journal entries correctly made? If not, give correct entries and post them into respective accounts. Dr Cr (a) Wages A/c Dr. 300 To Hari 300 (Being wages paid to Hari) (b) Cash A/c Dr. 9,000 To Sweta 9,000 (Being cash received from Upkar on behalf of Poonam) (c) Cash A/c Dr. 7,000 To Upkar’s a/c 7,000 (Being cash received from upkar on behalf of Poonam) (d) Purchases A/

Question No 16 Chapter No 7 - USHA Publication 11 Class

Question No 16 Chapter No 7 16. The following Cash Account is prepared by non-commerce students. You are required to check the entries made in this account and find out the revised balance. Date Particular L.F Amount Date Particular L.F Amount 2018 Rs 2018 Rs Jan. 8 To Ashok ( cash purchase) 1,800 Jan. 1 By Balance b/d 10,000 Jan. 15 To Sunil (Credit sale) 1,000 Jan. 2 By Sale A/c ( cash) 3,000 Jan. 18 To Machinery A/c 900 Jan. 6 By Anil 1,500 (machinery repa

Question No 17 Chapter No 7 - USHA Publication 11 Class

Question No 17 Chapter No 7 17. Pass journal entries from the following transaction in the book of Kartik and post them into the ledger Date Particular Amount 2017 Dec. 1 Started business with cash 20,000 Dec. 3 Purchased goods for cash 5,000 Dec. 4 Cash received from Dilshan 3,000 Dec. 6 Cash deposited into bank 2,500 Dec. 7 Cash sale 1,800 Dec. 9 Salary purchased from Muralitharan 6,000 Dec. 12 Paid cash for Stationary 700 Dec. 18 Paid cash to Mubarak in full settle

Question No 18 Chapter No 7 - USHA Publication 11 Class

Question No 18 Chapter No 7 18. Journalese the following transaction, post them in the ledger and extract balances: Date Particular 2019 Jan. 1 Purshottam commenced business with cash Rs 80,000 and furniture Rs 30,000 Jan. 10 Deposited cash into bank Rs 18,000 Jan. 18 Purchased goods on credit from Dina Pathak Rs 25,000 Feb. 16 Cash paid to Dina Pathak Rs 16,600 and discount earned Rs400 Mar. 24 Purchased stationery from Supriya Rs 6,500 Mar. 30 Rent paid to Supriya Rs 9,000

Question No 19 Chapter No 7 - USHA Publication 11 Class

Question No 19 Chapter No 7 19. Journalese the following transaction, post them in the ledger and extract balances: Date Particular 2018 Apr. 1 Santosh started business with cash Rs 35,000 ; Machinery Rs 25,000 and furniture Rs 15,000 Apr. 10 Machinery costing Rs18,000 sold for Rs 20,000 Apr. 26 Furniture costing Rs 10,000 sold for Rs 9,000 May. 12 Cash is withdrawn by the proprietor for personal use Rs 16,600 May. 31 Furniture costing Rs 4,000 withdrawn by the proprietor for p

Question No 20 Chapter No 7 - USHA Publication 11 Class

Question No 20 Chapter No 7 20. Recode the following transactions in the journal of Pranab Mukherjee and post them into Ledger Date 2018 Apr. 1 Commenced business with cash Rs 6,00,000 Jun. 21 Deposited cash into bank Rs 2,00,000 Jul. 24 Purchased goods costing Rs 80,000 plus 2.5% CGST and SGST in cash Aug. 18 Sold goods for Rs 50,000 to Indian outside the state at 5% GST Sep. 16 Purchased furniture costing Rs 32,000 plus, 2.5% CGST and SGST by cheque Oct. 25 Goods are give

Question No 01 Chapter No 7 - USHA Publication 11 Class

Question No 01 Chapter No 7 01. Purchased furniture for RS 30,000 for cash on 1st July 2018. Pass the necessary journal entry and post it in the ledger The solution of Question No 01 Chapter No 7: - Date Particulars L.F. Debit Credit 2018 Jul.1 Furniture A/c Dr. 30,000 To Cash A/c 30,000 (Being furniture purchased for cash ) Dr. Furniture A/c Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount 2018 2018

Question No 02 Chapter No 7 - USHA Publication 11 Class

Question No 02 Chapter No 7 02. Enter the following transaction in Journal and post them into Ledger 2015 ` Rs Feb.1 Business started with cash 80,000 Feb.4 Deposited cash into bank 18,000 Feb.7 Salaries paid 15,000 Feb.10 Purchased computer 25,000 The solution of Question No 02 Chapter No 7: - Date Particulars L.F. Debit Credit 2018 Feb.1 Cash A/c Dr. 80,000 To Capital A/c 80,000 (Being Business started with cash ) Feb.4

Question No 03 Chapter No 7 - USHA Publication 11 Class

Question No 03 Chapter No 7 03. Record the following transaction in the journal, post them into the ledger and find out the balance of all account 2017 ` Jan.1 Purchased goods from Naveen Rs 18,000 Jan.4 Sold goods for Rs 22,000 Jan.7 Goods destroyed by fire Rs 2,500 Jan.10 Furniture purchased from Manisha Rs 25,000 Jan. 15 Rent paid in cash Rs 3,500 Jan. 30 Cash deposited into bank Rs 4,500 The solution of Question No 03 Chapter No 7: - Date Particulars L.F. Debit Cred

Question No 04 Chapter No 7 - USHA Publication 11 Class

Question No 04 Chapter No 7 04. Enter follow transaction in Journal and post them into Ledger: 2018 Dec.1 Received cheque on account of Sale Rs 2,00,000; rent Rs 40,000 and commission Rs 15,000 Dec. 25 Paid cheque on account of Interest Rs 12,000; machinery Rs 38,000and purchase of goods Rs 60,000 The solution of Question No 04 Chapter No 7: - Date Particulars L.F. Debit Credit 2018 Dec.1 Bank A/c Dr. 2,55,000 To Sale A/c 2,00,000 To Rent A/c

Question No 05 Chapter No 7 - USHA Publication 11 Class

Question No 05 Chapter No 7 05. Record the following transaction in the journal of Pratistha, post them into ledger and balance: 2019 Feb.1 Received Rs 20,000on account of sale of goods Rs 25,000 from Sulekha Rs 5,000 as interest Feb. 14 Paid Rs 25,000 to Parvesh on account of goods purchased last year, Rs 2,000 p.m. as rent to the landlord for 9 months and interest on loan @6% p.a. on Rs 1,00,000 for 8 months Feb. 27 Cash is withdrawn from bank Rs 22,800, additional capital introduc

USHA Publication +1 Elements of Book-Keeping Solutions Chapter No. 7 - Ledger

Solved by Sarbjit Singh (B.Com and M.Com)|Last Updated: 12 July 2026|21 Questions

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Get complete step-by-step solutions for USHA Publication +1 Elements of Book-Keeping - Chapter No. 7 - Ledger. Study double-entry system details, practice timed problems, and verify answers directly.

💡 Ledger Posting & Balancing Rules

The ledger is the book of final entry containing accounts.
Dr. (Debit) is the left hand side; Cr. (Credit) is the right hand side.
Balancing: Excess of debit side over credit side is a Debit Balance (written as 'By Balance c/d' on credit side to balance it).

Topics & Questions Solved:

Q1. Question No 01 Chapter No 7 - USHA Publication 11...
Q2. Question No 02 Chapter No 7 - USHA Publication 11...
Q3. Question No 03 Chapter No 7 - USHA Publication 11...
Q4. Question No 04 Chapter No 7 - USHA Publication 11...
Q5. Question No 05 Chapter No 7 - USHA Publication 11...
Q6. Question No 06 Chapter No 7 - USHA Publication 11...

Chapter No. 7 - Ledger

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Date

Particulars

L.F.

Debit

Credit

2018

Jul.1

Furniture A/c

Dr.

30,000

To Cash A/c

30,000

(Being furniture purchased for cash )

Dr.

Furniture A/c

Cr.

Date

Particulars

J.F.

Amount

Date

Particulars

J.F.

Amount

2018

Jul. 1

To Cash A/c

30,000

Jul. 31

By Balance C/d

30,000

Dr.

Cash A/c

Cr.

Date

Particulars

J.F.

Amount

Date

Particulars

J.F.

Amount

2018

Jul. 1

By Furniture A/c

30,000

Jul. 31

By Balance C/d

30,000

USHA Publication +1 Elements of Book-Keeping Solutions Chapter No. 7 - Ledger

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💡 Ledger Posting & Balancing Rules

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USHA Publication +1 Elements of Book-Keeping Solutions Chapter No. 7 - Ledger

Quick Chapter Summary & Cheat Sheet

💡 Ledger Posting & Balancing Rules

Topics & Questions Solved:

Table of Contents

Question No 01 Chapter No 7 - USHA Publication 11 Class

The solution of Question No 01 Chapter No 7: -

Question No 02 Chapter No 7 - USHA Publication 11 Class

Question No 03 Chapter No 7 - USHA Publication 11 Class

Question No 04 Chapter No 7 - USHA Publication 11 Class

Question No 05 Chapter No 7 - USHA Publication 11 Class

Question No 06 Chapter No 7 - USHA Publication 11 Class

Question No 07 Chapter No 7 - USHA Publication 11 Class

Question No 08 Chapter No 7 - USHA Publication 11 Class

Question No 09 Chapter No 7 - USHA Publication 11 Class

Question No 10 Chapter No 7 - USHA Publication 11 Class

Question No 11 Chapter No 7 - USHA Publication 11 Class

Question No 12 Chapter No 7 - USHA Publication 11 Class

Question No 13 Chapter No 7 - USHA Publication 11 Class

Question No 14 Chapter No 7 - USHA Publication 11 Class

Question No 15 Chapter No 7 - USHA Publication 11 Class

Question No 16 Chapter No 7 - USHA Publication 11 Class

Question No 17 Chapter No 7 - USHA Publication 11 Class

Question No 18 Chapter No 7 - USHA Publication 11 Class

Question No 19 Chapter No 7 - USHA Publication 11 Class

Question No 20 Chapter No 7 - USHA Publication 11 Class

Question No 21 Chapter No 7 - USHA Publication 11 Class

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