Question 12 Chapter 6 – Unimax Publications of Class 11

Posted by By Harveerjot Singh 17 Min Read May 20, 2022
Question 12 - CH-6 Solution
Question 12 - CH-6 Solution

Question 12 Chapter 6 – Unimax

12. Journalise the following transactions of Kamal, Delhi for April, 2020, post them in Ledger Accounts and balance them:

2020 Rs.
April 1 Kamal started business with cash* 1,00,000
April 2 Bought goods for cash 30,000
April 3 Opened Bank Account with cash* 50,000
April 4 Sold goods for cash 40,000
April 7 Bought goods from Surya, Kanpur (UP) on credit 30,000
April 10 Sold goods to Rakesh, Delhi on credit 25,000
April 15 Purchased Machinery costing 20,000 from Rahul Bros., Faridabad (Haryana) and payment is made by cheque
April 19 Paid to Surya in cash on account* 20,000
April 21 Received loan from Anil and deposited the same into bank 8,000
April 23 Goods returned to Surya 5,000
April 26 Withdrew from bank for personal use* 5,000
April 27 Paid to Surya by cheque in full settlement 7,500
April 29 Received cash from Rakesh 10,000
April 30 Purchased stationery for cash 500
April 30 Paid wages and salaries 10,000

CGST and SGST is levied @ 6% each on intra-state transactions and @ 12% on inter-state transactions. GST is not levied on transactions marked(*).

The solution of Question 12 Chapter 6 – Unimax:

IN THE BOOKS OF KAMAL, DELHI JOURNAL

Date Particulars   L.F. Debit Credit
2020
April 1 Cash A/c Dr. 1,00,000
To Capital A/c 1,00,000
(Being the goods purchased and CGST and SGST 9%each)
April 2 Purchases A/c Dr. 30,000
Input CGST A/c Dr. 1,800
Input SGST A/c Dr. 1,800
To Cash A/c 33,600
(Being the business started with capital of 1,00,000 brought in cash)
April 3 Bank A/c Dr. 50,000
To Cash A/c 50,000
Being the bank account opened by depositing cash into bank)
April 4 Cash A/c Dr. 44,800
To Sales A/c 30,000
To Output CGST A/c 2,400
To Output SGST A/C 2,400
(Being the intra-state sale of goods, charged CGST and SGST @ 6% each)
April 7 Purchases A/c Dr. 30,000
Input IGST A/c 3,600
To Blue Traders 33,600
(Being the inter-state purchase of goods on credit from Surya, plus IGST 12%)
April 10 Rakesh A/c Dr. 28,000
To Sales A/c 25,000
To Output CGST A/c 1,500
To Output SGST A/C 1,500
(Being the intra-state sale of goods on credit to Rakesh, charged CGST and SGST 6% each)
April 15 Machinery A/c Dr. 20,000
Input IGST A/c Dr. 2,400
To Bank A/c 22,400
(Being the machinery purchased, plus IGST 12% and payment made by cheque
April 19 Surya A/c Dr. 20,000
To Cash A/c 20,000
(Being the amount paid to Surya in cash)
April 21 Bank A/c Dr. 8,000
To Anil’s Loan A/c 8,000
(Being the loan from Anil received and deposited into bank)
April 23 Surya A/c Dr. 5,600
To Returns Outward A/c 5,000
To Input TGST A/c 600
(Being the amount paid to Surya by cheque and discount received)
April 26 Drawings A/c Dr. 5,000
To Bank A/c 5,000
(Being the goods returned to Surya, Input IGST reversed)
April 27 Surya A/c Dr. 8,000
To Bank A/c 7,500
To Discount Received A/c 500
(Being the amount paid to Surya by cheque and discount received)
April 29 Cash A/c Dr. 10,000
To Rakesh A/c 10,000
(Being the cash received from Rakesh)
April 30 Stationery A/c Dr. 500
Input CGST A/c 30
Input SGST A/c 30
To Cash A/c 560
(Being the stationery purchased for cash, paid CGST and SGST @6% each)
April 30 Wages and Salaries A/c Dr. 10,000
To Cash A/c 10,000
(Being the wages and salaries paid in cash)

LEDGER :

CASH ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 1 To Capital A/c 1,00,000 April 2 By Purchases A/c 30,000
April 4 To Sales A/c 40,000 April 2 By Input CGST A/C 1,800
April 4 To Output CGST A/c 2,400 April 2 By Input SGST A/C 1,800
April 4 To Output SGST A/c 2,400 April 3 By Bank A/C 50,000
April 29 To Rakesh A/c 10,000 April 19 By Surya A/C 20,000
April 30 By Stationery A/c 500
April 30 By Input CGST A/C 30
April 30 By Input SGST A/C 30
April 30 By Wages and Salaries A/C 10,000
April 30 By Balance C/d 40,640
1,54,800 1,54,800
To Balance b/d 40,640

CAPITAL ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Balance c/d 1,00,000 April 1 By Cash A/c 1,00,000
1,00,000 1,00,000
May 1 By Balance b/d 1,00,000

PURCHASES ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 2 To Cash A/c 30,000 April 30 By Balance c/d 60,000
April 7 To Surya A/C 30,000
60,000 60,000
May 1 To Balance b/d 60,000

BANK ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 1 To Cash A/c 50,000 April 15 By Machinery A/c 20,000
April 21 To Anil’s Loan A/c 8,000 April 15 By Input IGST A/C 2,400
April 26 By Drawings A/C 5,000
April 27 By Surya A/C 7,500
April 30 By Balance c/d 23,100
58,000 58,000
May 1 To Balance b/d 23,100

SALES ACCOUNT

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Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Balance c/d 65,000 April 4 By Cash A/c 40,000
April 10 By Rakesh 25,000
65,000 65,000
May 1 By Balance b/d 65,000

SURYA

Date Particulars Amount Date Particulars Amount
2020 2020
April 1 To Cash A/c 20,000 April 7 By Purchase A/c 30,000
April 23 To Returns ONWARDS A/c 5,000 April 7 By Input IGST A/C 3,600
April 23 To Input IGST A/C 600
April 27 To Bank A/c 7,500
April 27 To Discount Received A/c 500
33,600 33,600

Rakesh

Date Particulars Amount Date Particulars Amount
2020 2020
April 10 To Sales A/c 25,000 April 29 By Cash A/c 10,000
April 10 To Output CGST A/C 1,500 April 30 By Balance C/d 18,000
April 10 To Output SGST A/C 1,500
28,000 28,000
May 1 To Balance b/d 18,000

MACHINERY ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 15 To Bank A/c 20,000 April 30 By Balance C/d 20,000
20,000 20,000
May 1 To Balance b/d 20,000

ANIL’S LOAN ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Balance c/d 8,000 April 21 By Bank A/c 8,000
8,000 8,000
May 1 By Balance b/d 8,000


RETURNS OUTWARDS ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Balance c/d 5,000 April 23 By Surya A/c 5,000
5,000 5,000
May 1 By Balance b/d 5,000

DRAWINGS ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 26 To Bank A/c 5,000 April 30 By Balance C/d 5,000
5,000 5,000
May 1 To Balance b/d 5,000

STATIONERY ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Cash A/c 500 April 30 By Balance C/d 500
500 500
May 1 To Balance b/d 500

WAGES & SALARIES ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Cash A/c 10,000 April 30 By Balance C/d 10,000
10,000 10,000
May 1 To Balance b/d 10,000

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INPUT CGST ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 2 To Cash A/c (Purchases ) 1,800 April 30 By Balance c/d 1,830
April 30 To Cash A/c (Stationery ) 30
1,830 1,830

INPUT SGST ACCOUNT

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Date Particulars Amount Date Particulars Amount
2020 2020
April 2 To Cash A/c (Purchases ) 1,800 April 30 By Balance c/d 1,830
April 30 To Cash A/c (Stationery ) 30
1,830 1,830

OUTPUT CGST ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Balance c/d 3,900 April 4 By Cash A/c ( Sales ) 2,400
April 10 By Rakesh A/c ( Sales ) 1,500
3,900 3,900

OUTPUT SGST ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Balance c/d 3,900 April 4 By Cash A/c ( Sales ) 2,400
April 10 By Rakesh A/c ( Sales ) 1,500
3,900 3,900

INPUT IGST ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 7 To Surya A/c (Purchases ) 3,600 April 23 By Surya ( Returns onwards ) 600
April 15 To Bank A/c (Machinery) 2,400 April 30 By Balance c/d 5,400
6,000 6,000

DISCOUNT RECEIVED ACCOUNT

Date Particulars Amount Date Particulars Amount
2020 2020
April 30 To Balance c/d 500 April 27 By Surya A/c 500

This is all about question 12 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: –

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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