Problem No 2 (I) Chapter No 9 – Unimax Class 11

Posted by By Rajan Suman 16 Min Read May 7, 2022
Problem-No-2-I-Chapter-No-9-Unimax-11-Class
Problem-No-2-I-Chapter-No-9-Unimax-11-Class

Problem No 2 (I) Chapter No 11

Journalise the following transactions in the books of Ram. Post them in the Ledger and balance the various accounts opened in the Ledger:

2020   ₹
Apr.1 Mr. X commenced business with cash 80,000
Apr.4 Purchases furniture  22,000
Apr.5 Bought goods for cash from Mr. Y 24,000
Apr.8 Purchases good from Mr. Z 40,000
Apr.12 Sold goods on credit to Mr. A 10,400
Apr.16 Received from Mr. A on account 4,800
Apr.20 Sold goods for cash to Mr. B 5,200
Apr.21 Paid to Mr. Z on account 12,000
Apr.27 Withdrew cash for personal use 500
Apr.28 Bought in further capital 10,000
Apr.29 Paid to Mr. Z on account 16,000
Apr.30 Paid general expenses 250
Apr.30 Rent due but not paid 520
Apr.30 Salary paid to Mr. W, a clerk 1,200

 The Solution of Problem No 2 (I) Chapter No 11

                 Journal A/c        
Date Particulars   L.F. Debit Credit
2020          
Apr.1 Cash A/c Dr.   80,000  
  To Capital A/c       80,000
  (Being started business with cash)        
Apr.4 Furniture A/c Dr.   22,000  
  To Cash A/c       22,000
  (Being furniture purchases for cash)        
Apr.5 Purchases A/c Dr.   24,000  
  To Cash A/c       24,000
  (Being purchases goods for cash)        
Apr.8 Purchases A/c Dr.   40,000  
  To Mr. Z’s A/c       40,000
  (Being purchases goods from Mr. Z on credit)        
Apr.12 Mr. A’s A/c Dr.   10,400  
  To Sales A/c       10,400
  (Being goods sold to A on credit)        
Apr.16 Cash A/c Dr.   4,800  
  To Mr. A’s A/c       4,800
  (Being cash received from Mr. A)        
Apr.20 Cash A/c Dr.   5,200  
  To Sales A/c       5,200
  (Being cash sales)         
Apr.21 Mr. Z’s A/c Dr.   12,000  
  To Cash A/c       12,000
  (Being cash paid to Mr. Z)        
Apr.27 Drawing A/c Dr.   500  
  To Cash A/c       500
  (Being cash withdrew for personal use)        
Apr.28 Cash A/c Dr.   10,000  
  To Capital A/c       10,000
  (Being cash withdrew for personal use)        
Apr.29 Mr. Z’ A/c Dr.   16,000  
  To Cash A/c       16,000
  (Being paid to Mr. Z)        
Apr.30 General expenses A/c Dr.   250  
  To Cash A/c       250
  (Being paid general expenses)        
Apr.30 Rent A/c Dr.   520  
  To Outstanding rent A/c       520
  (Being rent due but not paid)        
Apr.30 Salary A/c Dr.   1,200  
  To Cash A/c       1,200
  (Being salary paid)        

Ledger 

Dr. Cash A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.1 To Capital A/c   80,000 Apr.4 By Furniture A/c   22,000
Apr.16 To Mr. A’s A/c   4800 Apr.5 By Purchases A/c   24,000
Apr.20 To Sales A/c   5,200 Apr.21 By Mr. Z’s A/c   12,000
Apr.28 To Capital A/c   10,000 Apr.27 By Drawing A/c   500
        Apr.30 By General expenses A/c   250
        Apr.30 By Salary A/c   1200
        Apr.30 By Balance c/d    24050
      100000       100000
May 1 To Balance b/d   24050        

 

Dr. Capital A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.30 To Balance c/d   90000 Apr.1 By Cash A/c   80000
        Apr.28 By Cash A/c   10000
      90000       90000
        May 1 By Balance b/d   90000

 

Dr. Furniture A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.4 To Cash A/c   22,000 Apr.30 By Balance c/d   22,000
               
      22000       22000
May 1 To Balance b/d   22000        

 

Dr. Purchases A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.5 To Cash A/c   24,000 Apr.30 By Balance c/d   64,000
Apr.8 To Mr. Z’s A/c   40,000        
               
      64000       64000
May 1 To Balance b/d   64000        

 

Dr. Mr. Z’s A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.21 To Cash A/c   12,000 Apr.8 By Purchases A/c   40,000
Apr.29 To Cash A/c   16,000        
Apr.30 To Balance c/d   12,000        
      40000       40000
        May 1 To Balance b/d   12,000

 

Dr. Mr. A’s A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.12 To Sales   10,400 Apr.16 To Cash A/c   4800
        Apr.30 By Balance c/d   5600
               
      10400       10400
May 1 To Balance b/d   5,600        

 

Dr. Sales A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.30 To Balance c/d   15,600 Apr.12 By Mr. A’s A/c   10,000
        Apr.20 By Cash A/c   5,200
               
      15600       15600
        May 1 By Balance b/d   15600

 

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Dr. Drawing A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.27 To Cash A/c   500 Apr.30 By Balance c/d   500
               
      500       500
May 1 To Balance b/d   500        

 

Dr. General expenses A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.30 To Cash A/c   250 Apr.30 By Balance c/d   250
               
      250       250
May 1 To Balance b/d   250        

 

Dr. Rent A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.30 To Outstanding rent A/c   520 Apr.30 By Balance c/d   520
               
      520       520
May 1 To Balance b/d   520        

 

Dr. Outstanding rent A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.30 To Balance c/d   520 Apr.30 By Rent A/c   520
               
      520       520
        May 1 By Balance b/d   520

 

Dr. Salary A/c Cr.
Date Particulars
 J.F. Amount Date Particulars
 J.F. Amount
Apr.30 To Cash A/c   1200 Apr.30 By Balance c/d   1200
               
      1200       1200
May 1 To Balance b/d   1200        

 

        Trail Balance A/c      
S. No. Name of A/c L.F. Debit Credit
1 Cash A/c   24,050  
2 Capital A/c     90,000
3 Furniture A/c   22,000  
4 Purchases A/c   64,000  
5 Mr. Z’s A/c     12,000
6 Mr. A’s A/c   5,600  
7 Sales A/c     15,600
8 Drawing A/c   500  
9 General expenses A/c   250  
10 Rent A/c   520  
11 Outstanding Rent A/c     520
12 Salary A/c   1,200  
  Total   1,18,120 1,18,120

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Read out the full article to know the meaning of Cash Book

Trial Balance | Explanation | Methods | Examples

Also, Check out the same article in Hindi from the following link

Trial Balance | Explanation | Methods | Examples

Also, Check out the solved question of all Chapters: –

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Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

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 Computers 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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