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Problem No 2 (II) Chapter No 9 – UNIMAX Class 11

By Rajan Suman 17 Min Read May 12, 2022

Problem-No-2-II-Chapter-No-9-Unimax-Class-11

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Problem No 02 (II) Chapter No 8 – UNIMAX Class 11 – Solution

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Table of Contents

The solution of Problem No 01 Chapter No 9 – Unimax Class 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:

2020		₹
Apr.2	Ram started business with cash	70,000
Apr.3	Deposited into bank	50,000
Apr.4	Purchases goods for cash from Mr. X	5,000
Apr.5	Bought goods on credit from Mr. Y	6,000
Apr.6	Return goods to Y	1,000
Apr.10	Sold goods for cash to Mr. A	6,000
Apr.15	Sold goods to Mr. B	6,000
Apr.16	Mr. B return goods	1,000
Apr.17	Draw from bank for personal use	5,000
Apr.25	Paid to Mr. Y in full settlement by cheque	4,800
Apr.26	Received from cheque from Mr. B in full settlement	4,900
Apr.30	Drew cash for bank for office use	10,000
Apr.30	Drew cash for personal purpose	5,000
Apr.30	Paid salaries to staff	5,000
Apr.30	Issued a cheque for ₹ 3,000 in favour of Shri Devi a Landlady towards rent for April
Apr.30	Withdrew goods for private use	1,000

The solution of Problem No 01 Chapter No 9 – Unimax Class 11

	Journal A/c
Date	Particulars		L.F.	Debit	Credit
2020
Apr.2	Cash A/c	Dr.		70,000
	To Capital A/c				70,000
	(Being started business with cash)
Apr.3	Bank A/c	Dr.		50,000
	To Cash A/c				50,000
	(Being cash deposited into bank)
Apr.4	Purchases A/c	Dr.		5,000
	To Cash A/c				5,000
	(Being purchases goods for cash)
Apr.5	Purchases A/c	Dr.		6,000
	To Mr. Y’s A/c				6,000
	(Being purchases goods from Mr. Y on credit)
Apr.6	Mr. Y’s A/c	Dr.		1,000
	To Purchases return A/c				1,000
	(Being goods returned to Mr. Y)
Apr.10	Cash A/c	Dr.		6,000
	To Sales A/c				6,000
	(Being cash Sales)
Apr.15	Mr. B’s A/c	Dr.		6,000
	To Sales A/c				6,000
	(Being goods sold to Mr. B on credit)
Apr.17	Drawing A/c	Dr.		5,000
	To Bank A/c				5,000
	(Being drew cash from the bank for personal use)
Apr.25	Mr. Y’s A/c	Dr.		5,000
	To Bank A/c				4,800
	To Discount A/c				200
	(Being cash paid to Mr. Y in full settlement of his account )
Apr.28	Bank A/c	Dr.		4,900
	Discount A/c	Dr.		100
	To Mr. B’s A/c				5,000
	(Being cheque received from Mr. in full settlement of his account)
Apr.27	Cash A/c	Dr.		10,000
	To Bank A/c				10,000
	(Being drew cash from bank)
Apr.30	Drawing A/c	Dr.		5,000
	To Bank A/c				5,000
	(Being drew cash for personal use)
Apr.30	Salaries A/c	Dr.		5,000
	To Rent A/c				5,000
	(Being salary paid)
Apr.30	Rent A/c	Dr.		3,000
	To Bank A/c				3,000
	(Being rent paid by cheque)
Apr.30	Drawing A/c	Dr.		1,000
	To Purchases A/c				1,000
	(Being withdrew goods for personal use)

Dr.	Bank A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.3	To Cash A/c		50,000	Apr.17	By Drawing A/c		5,000
Apr.26	To Mr. B’s A/c		4,900	Apr.25	By Mr. Y’s A/c		4,800
				Apr.27	By Cash A/c		10,000
				Apr.30	By Rent A/c		3,000
				Apr.30	By Balance c/d		32,100
			54,900				54,900
May 1	To Balance b/d		32,100

Dr.	Purchases A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.4	To Cash A/c		5,000	Apr.30	By Drawing A/c		1,000
Apr.5	To Mr. Y’s A/c		6,000	Apr.30	By Balance c/d		10,000

			11,000				11,000
May 1	To Balance b/d		10,000

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Dr.	Sales A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.30	To Balance c/d		12,000	Apr.10	By Cash A/c		6,000
				Apr.15	By Mr. B’s A/c		6,000

			12,000				12,000
				May 1	By Balance b/d		12,000

Dr.	Mr. Y’s A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.6	To Purchases return A/c		1,000	Apr.5	By Purchases A/c		6,000
Apr.25	To Bank A/c		4,800
Apr.25	To Discount received A/c		200
			6,000				6,000

Dr.	Purchases return A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.30	To Balance c/d		1,000	Apr.6	By Mr. Y’s A/c		1,000

			1,000				1000
				May 1	By Balance b/d		1,000

Dr.	Mr. B’s A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.15	To Sales A/c		6,000	Apr.16	By Sales return A/c		1,000
				Apr.26	By Bank A/c		4,900
				Apr.26	By Discount allowed A/c		100
			6,000				6,000

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Dr.	Sales return A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.16	To Mr. B’s A/c		1,000	Apr.30	By Balance c/d		1,000

			1,000				1,000
May 1	To Balance b/d		1,000

Dr.	Drawings A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.17	To Bank A/c		5,000	Apr.30	By Balance c/d		11,000
Apr.30	To Cash A/c		5,000
Apr.30	To Purchases A/c		1,000
			11,000				11,000
May 1	To Balance b/d		11,000

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Dr.	Discount received A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.30	To Balance c/d		200	Apr.25	By Mr. Y’s A/c		200

			200				200
				May 1	By Balance b/d		200

Dr.	Discount allowed A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.26	To Mr. B’s A/c		100	Apr.30	By Balance c/d		100

			100				100
May 1	To Balance b/d		100

Dr.	Salaries A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.30	To Cash A/c		5,000	Apr.30	By Balance c/d		5,000

			5,000				5,000
May 1	To Balance b/d		5,000

Dr.	Rent A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
Apr.30	To Bank A/c		3,000	Apr.30	By Balance c/d		3,000

			3,000				3,000
May 1	To Balance b/d		3,000

	Trail Balance A/c
S. No.	Name of A/c	L.F.	Debit	Credit
1	Cash A/c		21,000
2	Capital A/c			70,000
3	Bank A/c		32,000
4	Purchases A/c		10,000
5	Sales A/c			12,000
6	Purchases return A/c			1,000
7	Sales return A/c		1,000
8	Drawing A/c		11,000
9	Discount allowed A/c		100
10	Discount received A/c			200
11	Salaries A/c		5,000
12	Rent A/c		3,000
	Total		83,200	83,200

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

Trial Balance | Explanation | Methods | Examples

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Trial Balance | Explanation | Methods | Examples

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

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

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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 May 11, 2022

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