Question 48 Chapter 4 – Unimax 48. Journalise the following transactions in the books of Mahesh.2021Dec.1 Mahesh invested Rs. 2,50,000 in business of general storeDec. 3 Paid into current account Rs. 1,10,000Dec. 5 Purchased goods for Rs. 50,000 and paid Read More …
Question 47 Chapter 4 – Unimax 47. Journalise the following transaction in the books of Parkash.2021Nov. 1 Purchased furniture worth Rs. 16,000 and tools worth Rs. 4,000Nov. 2 Prakash borrowed Rs. 70,000 from his friend Manav and Rs. 35,000 from Read More …
Question 46 Chapter 4 – Unimax 46. Pass journal entries in the books of Vasudev from the following transactions. 2021July 1 Vasudev started business with cash Rs. 90,000, goods Rs. 60,000 and furnitureRs. 25,000July 2 Sold goods to Raghav of Read More …
Question 45 Chapter 4 – Unimax 45. Journalise(a) Purchased a machinery for cash Rs. 60,000 and paid Rs. 5,000 in cash as wages on its installation, goods for Rs. 3,000 were also used from business on its installation.(b) Manpreet who Read More …
Question 44 Chapter 4 – Unimax 44. Journalise the following transactions in the books of Rajat.2021March 1 Rajat started his business with Rs. 1,50,000 borrowed from his friend Sahil @ 10% p.a.March 5 Purchased goods for Rs. 16,000March 14 Received Read More …
Question 43 Chapter 4 – Unimax 43. Journalise:(a) Interest on loan Rs. 900 due but not paid.(b) Payment of income tax Rs. 20,000(c) Refund of income tax Rs. 2,500(d). Bought computer for personal use Rs. 25,000(e) Received a V.P.P. for Read More …
Question 42 Chapter 4 – Unimax 42. Journalise(a) Sold goods to X list price Rs. 4000, trade discount 10% and cash discount 5%. He paid the amount on the same day and availed cash discount.(b) Supplied goods costing Rs. 6,000 Read More …
Question 41 Chapter 4 – Unimax 41. Journalise:(a). Machinery costing Rs. 25,000 is sold for Rs. 20,500.(b) Goods costing Rs. 4,500 were sold for Rs. 6,000(c) Money received for sale proceeds of old newspapers and magazines Rs. 220(d) Money paid Read More …
Question 40 Chapter 4 – Unimax 40. Pass Journal entries:(a) Goods purchased for Rs. 12,000, cartage on purchases Rs. 350.(b) Goods sold for cash Rs. 9600, Sales commission paid Rs. 420.(c)Machinery is purchased for Rs. 60,000, transportation expenses paid Rs. Read More …
Question 39 Chapter 4 – Unimax 39. Pass journal entries in the following cases:(i) Salaries to staff Rs. 20,000 are outstanding.(ii) Salary due in Dec. 2020 were paid in January 2021 Rs. 2,500.(iii), Interest accrued in Dec. 2020 amounting to Read More …