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Question 14 Chapter 6 – Unimax Publications of Class 11

Posted by By Amanpreet Kaur 19 Min Read May 29, 2022
Question 14 Chapter 6 - Unimax Publications of Class 11
Question 14 Chapter 6 - Unimax Publications of Class 11

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Question No. 14 Chapter No 6
14. Journalise the following transactions and post them into Ledger

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2020  
Jan.1Anil started his business with cash goods and furniture15000
Jan.5Sold goods to Ranjan and for cash 6000
Jan.8 Received from Ranjan on account 
Jan.11 Purchased good from Prakash 
Jan.15Paid to Prakash 
Jan.18Goods retuned to Parkash 1800
Jan.20 Type writer purchases on credit from new type write Co. for 7500
Jan.31Paid stationery charges ₹1,000 Salaries ₹3,700 and rent800

The solution of Question 14 Chapter 6 – Unimax:

JOURNAL

DateParticularsL.F.DebitCredit
2020     
Jan.1Cash A/cDr. 75,000 
 Stock A/cDr. 15,000 
 Furniture A/cDr. 7,500 
 To Capital A/c   97,500
 (Being business started with cash, stock and furniture)    
      
Jan.5Cash A/cDr. 2,500 
 Rajan’s A/cDr. 3,500 
 To Sales A/c   6,000
 (Being goods sold to Rajan)    
      
Jan.8Cash A/cDr. 3,500 
 To Rajan’s A/c   3,500
 (Being cash received from Rajan)    
      
Jan.11Purchases A/cDr. 16,800 
 To Parkash’s A/c   16,800
 (Being goods purchases from Parkash)    
      
Jan.15Parkash’s A/c Dr. 10,000 
 To Cash A/c   10,000
 (Being cash to Parkash)    
      
Jan.18Parkash’s A/cakesh A/cDr. 1,800 
 To Purchase return A/c   1,800
 (Being goods returned to Parkash)     
      
Jan.20 Office equipment A/cDr. 7,500 
 To new typewriter Co. A/c   7,500
 (Being purchase typewrite on credit)    
      
Jan.31Stationery A/cDr. 1,000 
 Salaries A/c  3,700 
 To cash A/c  8005,500
 (Being paid for stationery and rent)    
     

LEDGER :

CASH ACCOUNT

DateParticularsAmountDateParticularsAmount
2020  2020  
Jan. 1To Capital A/c75,000Jan.15By Parkash’s A/c10,000
Jan.5To Sales A/c2,500Jan.31By Stationery A/c1,000
   Jan.31By Rent A/c800
   Jan.31By Balance c/d66,200
      
  81,700  81,700
      
Feb.1To Balance b/d66,200   

CAPITAL ACCOUNT

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DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.3 1To Balance c/d97,500Jan.1By Cash A/c75,000
    By stock A/c15,000
   Jan.1By Furniture A/c7,500
   Feb.1By Balance b/d97,500

PURCHASES ACCOUNT

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.11To Parkash A/c16,800Jan.31By Balance c/d16,800
      
      
  16,800  16,800
      
Feb.1To Balance b/d16,800   

BANK ACCOUNT

DateParticularsAmount DateParticularsAmount
2020  2020  
April 1To Cash A/c50,000April 15By Machinery A/c20,000
April 21To Anil’s Loan A/c8,000April 15By Input IGST A/C2,400
   April 26By Drawings A/C5,000
   April 27By Surya A/C7,500
   April 30By Balance c/d23,100
      
  3,780  3,780
      
May 1To Balance b/d23,100   

SALES ACCOUNT

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.31To Balance c/d6,000Jan.5By Cash A/c40,000
   Jan.5By Rajan A/c3,500
      
  6,000  6,000
      
   May 1By Balance b/d6,000

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SURYA

DateParticularsAmount DateParticularsAmount
2020  2020  
April 1To Cash A/c20,000April 7By Purchase A/c30,000
April 23To Returns ONWARDS A/c5,000April 7By Input IGST A/C3,600
April 23To Input IGST A/C600   
April 27To Bank A/c7,500   
April 27To Discount Received A/c500   
      
  33,600  33,600

 

FURNITURE A/C 

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DateParticularsAmount DateParticularsAmount
2020  2020  
Jan. 1To Capital A/c7,500Jan.31By balance c/d7,500
      
  7,500  7,500
      
Feb.1To balance b/d7,500   

CAPITAL ACCOUNT

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.3 1 To balance c/d97,500Jan.1By cash A/c75,000
    By stock A/c15,000
    By Furniture A/c7,500
  97,500  97,500
   Feb.1To balance b/d97,500
      

RAJAN ACCOUNT

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.5To sales A/c3,500Jan.8By cash A/c4,200
Jan.31To balance c/d700   
      
      
  4,200  4,200
   Feb.1To balance b/d4,200
      

SALES ACCOUNT

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.31To balance c/d6,000Jan.5By cash A/c2,500
   Jan.5By Rajan A/c3,500
      
      
      
  6,000  6,000
      
      

PURCHASES ACCOUNT

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.11To Parkash A/c16,800April 30By Balance c/d60,000
      
      
  60,000  60,000
      
May 1To Balance b/d60,000   

PARKASH  A/C 

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.15To Cash A/c50,000Jan.11By Purchases A/c16,800
Jan.18To Anil’s To purchases return A/c1,800   
Jan.31To balance c/d5,000   
      
   Feb.1By Balance c/d16,800
      
  16,800  5,000
      
      

PURCHASES  RETURN  A/C 

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DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.15To balance c/d1,800Jan.18By Parkash’s A/c 1,800
      
      
      
   Feb.1By Balance c/d1800
      
  1,800  1800
    

OFFICE EQUIPMENT A/C 

DateParticularsAmount DateParticularsAmount
2020  2020  

Jan.20

To new typewriter Co. A/c

 

7,500   
      
      
Feb.1To balance b/d7,500   
      
   Jan.31By Balance b/d7,500

NEW TYPEWRITER CO.ACCOUNT 

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.31To balance c/d7,500Jan20By office equipment A/c30,000
   Feb.1To balance b/d7,500
      
      
      
      
  7,500  7,500

STATIONERY ACCOUNT 

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.31To cash A/c1,000Jan.31By balance c/d1,000
  1,000  1,000
      
Feb.1To balance b/d1,000   
      
      
      
      

SALARIES ACCOUNT 

DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.31To cash A/c3,700Jan.31By balance c/d3,700
  3,700  3,700
      
Feb.1To balance b/d3,700   
      
      
      
      

 

RENT  ACCOUNT 

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DateParticularsAmount DateParticularsAmount
2020  2020  
Jan.31To cash A/c800Jan.31By balance c/d800
  800  800
      
Feb.1To balance b/d800   
      
      
      
    

This is all about question 14 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 the above articles in Hindi on our Hindi Website

Ledger balancing or Closing of ledger account | Ledger – In Hindi

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Comment if you have any doubt in the question 14 Chapter 6 – Unimax.

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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

You can also Check out the other Books’ Solution: –

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