Question 14a Chapter 4 – Unimax Publications of Class 11

Question 14a Chapter 4 - Unimax Publications of Class 11

Question 14a Chapter 4 – Unimax

Free Accounting book Solution - Class 11 and Class 12

14a. Journalise the following transaction in the Books of Susheel.
2021
Mar. 1 Goods purchased for Rs. 30,000, carriage on it Rs. 2,000.
Mar.7 Purchased goods for Rs. 40,000, Freight on Purchase Rs. 2,000.
Mar. 10 Purchased goods for Rs. 35,000 from Sahil & paid carriage on it Rs. 2,500.
Mar. 17 Purchased machinery for Rs. 17,000 from A.B.C. Ltd. and paid freight on it
Mar. 27 Machinery purchased Rs. 37,000, Installation charges paid Rs. 3,000

The solution of Question 14a Chapter 4 – Unimax:

JOURNAL OF SUSHEEL

Date Particulars L.F. Debit Credit
2021          
Mar. 1 Purchases A/c Dr.   30,000  
  Carriage on Purchases A/c Dr.   2,000  
  To Cash A/c       32,000
  (Being goods purchased and carriage paid)        
           
Mar. 7 Purchases A/c Dr.   40,000  
  Freight on purchases A/c Dr.   2,000  
  To Cash A/c       42,000
  (Being goods purchased and freight paid)        
           
Mar. 10 Purchases A/c Dr.   35,000  
  To Sahil A/c       35,000
  (Being goods purchased from Sahil)        
           
  Carriage on Purchases A/c Dr.   2,500  
  To Cash A/c       2,500
  (Being carriage on purchases paid)        
           
Mar. 17 Machinery A/c Dr.   20,000  
  To ABC A/c       17,000
  To Freight A/c       3,000
  (Being Machinery purchased from ABC)        
           
Mar. 27 Machinery A/c Dr.   40,000  
  To Cash A/c       40,000
  (Being machinery purchased and installation charges paid)      

This is all about Question 14a Chapter 4 – Unimax. You can check out the following article to better understand:

Opening Journal Entry – its Rules and Examples 

You Can also read all the above articles in Hindi on our Hindi Website

Opening Journal Entry – its Rules and Examples – 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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