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

Posted by By Rajan Suman 17 Min Read May 12, 2022
Problem-No-2-II-Chapter-No-9-Unimax-Class-11
Problem-No-2-II-Chapter-No-9-Unimax-Class-11

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

 

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

 

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        

 

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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        

 

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

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: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

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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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