Problem 3 Chapter 6 – Unimax Publications of Class 11

Posted by By Harveerjot Singh 7 Min Read May 20, 2022
PROBLEM3 - CH-6 Solution
PROBLEM3 - CH-6 Solution

Problem 3 Chapter 6 – Unimax

PROBLEM 3.
Shrey was doing business as a ready made garments dealer . On 1st April , 2020 , his assets and liabilities were .]

Cash 10,000
Bank 15,000
Stock 50,000
Machinery 40,000
Due from Mohan 7,200
Due from Karan 11,800
Due to Sahil 16,000

Pass the opening entry and post it into ledger.

The solution of Problem 3 Chapter 6 – Unimax:

MUKESH’S JOURNAL

Date Particulars   L.F. Debit Credit
2021          
April 1 Cash A/C Dr.   10,000  
  Bank A/C Dr.   15,000  
  Stock A/C Dr.   50,000  
  Machinery A/C Dr.   40,000  
  Mohan’s A/C Dr.   7,200  
  Karan’s A/C Dr.   11,800  
  To Sahil’s A/C       16,000
  To Capital A/C       1,18,000
  (Being opening entry passed)      

 

 CASH ACCOUNT

Date Particulars Amount Date Particulars Amount
2020          
April 1 To Balance b/d 10,000      
    10,000      

 BANK ACCOUNT

Date Particulars Amount Date Particulars Amount
2020          
April 1 To Balance b/d 15,000      
    15,000      

STOCK ACCOUNT

Date Particulars Amount Date Particulars Amount
2020          
April 1 To Balance b/d 50,000      
    50,000      

MACHINERY ACCOUNT

Date Particulars Amount Date Particulars Amount
2020          
April 1 To Balance b/d 40,000      
    40,000      

MOHAN’S ACCOUNT

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Date Particulars Amount Date Particulars Amount
2020          
April 1 To Balance b/d 7,200      
    7,200      

KARAN’S ACCOUNT

Date Particulars Amount Date Particulars Amount
2020          
April 1 To Balance b/d 11,800      
    11,800      

SAHIL’S ACCOUNT

Date Particulars Amount Date Particulars Amount
      2020    
      April 1 By balance b/d 16,000
          16,000

CAPITAL ACCOUNT

Date Particulars Amount Date Particulars Amount
      2020    
      April 1 By balance b/d 1,18,000
          1,18,000

This is all about the Problem 3 Chapter 6 – Unimax. You can check out the following article to better understand:

Ledger balancing or Closing of ledger account | Ledger

You Can also read all above articles in Hindi on our Hindi Website

Ledger balancing or Closing of ledger account | Ledger – In Hindi

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You can also Check out the solved question of other Chapters: –

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Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

  • Chapter No. 1 – Introduction of Accounting
  • Chapter No. 2 – Theory Base of Accounting
  • Chapter No. 3 – Vouchers and Transactions
  • Chapter No. 4 – Journal
  • Chapter No. 5 – Goods and Services Tax (GST) : An Introduction
  • Chapter No. 6 – Ledger
  • Chapter No. 7 – Special Purpose Book – Cash Book
  • Chapter No. 8 – Other Subsidiary Books
  • Chapter No. 9 – Trial Balance
  • Chapter No. 10 – Rectification of Errors
  • Chapter No. 11 – Depreciation
  • Chapter No. 12 – Provision and Reserves
  • Chapter No. 13 – Bank Reconlciliation Statement
  • Chapter No. 14 – Bills of Exchange

Students may Choose only one part from the Part II and Part III

Part-II

  • Chapter No. 15 – Financial Statements (Without Adjustments)
  • Chapter No. 16 – Financial Statements (With Adjustments)
  • Chapter No. 17 – Accounts from Incomplete Records – Single Entry System

Part-III

  • Chapter No. 18 – Introduction to Compurters and Accounting information System
  • Chapter No. 19 – Computerised Accounting
  • Chapter No. 20 – Accounting Software : Tally
  • Chapter No. 21 – Data Base System
  • Chapter No. 22 – Concept of Entity and Relationship

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