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

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 11

Table of Contents

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

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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

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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

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

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 Reconciliation 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 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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Rajan Suman April 24, 2022

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