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Question No 26 Chapter No 4
26. Mention the side and the nature of the account which show the decrease in the following Account
| (i) Cash Account | (ii) Investment Account |
| (iii) Commission Account | (iv) Commission Received in Advance Account |
| (v) Purchased Account | (vi) Yuvraj Singh (Proprietor) |
| (vii) Creditor’s Account | (viii) Interest Payable Account |
| (ix) Freight Account | (x) Rent Accrued Account (dur not Received) |
| S. No. | Particulars | Side of Ledger |
Nature of Account |
|---|---|---|---|
| i | Cash Account | Debit | Real Account |
| ii | Investment Account | Debit | Real Account |
| iii | Commission Account | Debit | Real Account |
| iv | Commission received in advance Account | Credit | Personal Account |
| v | Purchased Account | Debit | Real Account |
| vi | Yuvraj Singh (proprietor ) | Credit | Personal Account |
| vii | Creditor Account | Credit | Personal Account |
| viii | Interest payable Account | Credit | Personal Account |
| ix | Freight Account | Credit | Nominal Account |
| x | Rent Accrued Account (dur but not received | Debit | Personal Account |
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Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Chapter No. 18 - Financial Statements - (With Adjustments)
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 No 26 Chapter No 4 - USHA Publication 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +1 Elements of Book-Keeping.
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