Question 14b Chapter 4 – Unimax Publications of Class 11

Posted by By Harveerjot Singh 7 Min Read May 16, 2022
Q14(b) - CH-4 Solution
Q14(b) - CH-4 Solution

Question 14b Chapter 4 – Unimax

14. (b) Journalise the following transaction in the books of Raman.
2021
April 1 Goods costing Rs. 9,000 sold for Rs. 10,000.
April 3 Printer sold Rs. 12,000 to Reema costing Rs. 11,500.
April 7 Furniture costing Rs. 15,000 sold for Rs. 20,000 brokerage on sale Rs. 2,000.
April 10 Goods sold Rs. 15,000 selling commission on it Rs. 1,000
April 18 An office computer costing Rs. 20,000 sold for RS. 15,000 selling commission on it
Rs. 2,000.

The solution of Question 14b Chapter 4 – Unimax:

JOURNAL OF RAMAN

Date Particulars L.F. Debit Credit
2021          
Apr. 1 Cash A/c Dr.   10,000  
  To Sales A/c       10,000
  (Being goods cost Rs. 9,000 sold for. 10,000))        
           
Apr. 3 Reema A/c Dr.   12,000  
  To office equipment (Printer) A/c       11,500
  To Profit on sale of office equipment       500
  (Being printer cost 11,500 sold for 12,000)        
           
Apr. 7 Cash A/c Dr.   20,000  
  To Furniture A/c       15,000
  To Profit on sale of Furniture A/c       5,000
  (Being furniture for 15,000 sold for 20,000)        
           
  Brokerage on sale A/c Dr.   2,000  
  To Cash A/c       2,000
  (Being brokerage on sale paid)        
           
Apr. 10 Cash A/c Dr.   15,000  
  To Sales A/c       15,000
  (Being goods sold)        
           
  Selling commission A/c Dr.   1,000  
  To Cash A/c       1,000
  (Being selling commission paid)        
           
Apr. 18 Cash A/c Dr.   15,000  
  Loss on sale of office equipment A/c Dr.   5,000  
  To office equipment A/c       20,000
  (Being office computer costing 20,000 sold for 15,000)        
           
  Selling commission A/c Dr.   2,000  
  To Cash A/c       2,000
  (Being selling commission paid)      

This is all about Question 14b 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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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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