Question 17 Chapter 6 – Unimax Publications of Class 11

By Amanpreet Kaur 14 Min Read May 29, 2022

Question 17 Chapter 6 - Unimax Publications of Class 11

17. Enter the following in the journal and post them into the ledger.

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The solution of Question 17 Chapter 6 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

2020		₹
Jan.1	Sandeep commenced business with cash	20,000
Jan.4	Purchases goods from Sohan	19,000
Jan.6	Sold goods for cash	8,000
Jan.9	Paid to Sohan on account	11,000
Jan.11	Returned goods to Sohan	1,000
Jan.12	Sold goods to Chaman Lal	4,700
Jan.14	Bought goods from B.D. Gupta	5,600
Jan.18	Chaman Lal returned goods	400
Jan.22	Sold goods to Ravinder subject to a trade discount of10%	3,000
Jan.24	Paid B.D. Gupta	2,500
Jan.29	Purchased stationery	300
Jan.31	Paid rent	450
Jan.31	Paid salaries	2,700

The solution of Question 17 Chapter 6 – Unimax:

Journal

Date	Particulars		L.F.	Debit	Credit
2020
Jan.1	Cash A/c	Dr.		20,000
	To capital A/c				20,000
	(Being Sandeep commenced business with cash)
Jan.4		Dr.		19,000
	Purchases A/c
	To Sohan A/c				19,000
	(Being purchases goods from Sohan)

Jan.6	Cash A/c	Dr.		8,000
	To Sales A/c				8,000
	(Being sold goods for cash)

Jan.9	Sohan A/c	Dr.		11,000
	To cash A/c				11,000
	(Being paid to Sohan on account)

Jan.11	Sohan A/c	Dr.		1,000
	To Return outward A/c				1,000
	(Being return goods to Sohan)

Jan.12	Chaman Lal A/c	Dr.		4,700
	To Sales A/c				4,700
	(Being sold goods to Chaman Lal)

Jan.14	Purchases A/c			5,600
	To B.D. Gupta A/c				5,600
	(Being goods purchases from B.D. Gupta)

Jan.18	Return inward A/c			400
	To Chaman Lal A/c				400
	(Being Chaman Lal return goods)

Jan.22	Ravinder A/c			2,700
	To Sales A/c				2,700
	(Being goods sold to Ravinder)

Jan.24	B.D. Gupta A/c			2,500
	To Cash A/c				2,500
	(Being cash paid to B.D. Gupta)

Jan.29	Stationer A/c			300
	To cash A/c				300
	(Being purchases stationery)

Jan.31	Rent A/c			450
	To cash A/c				450
	(Being paid rent)

Jan.31	Salaries A/c			2,700
	To cash A/c				2,700
	(Being paid salaries)

Cash A/c

Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020				2020
Jan. 1	To Capital A/c		20,000	Jan.9	By Sohan A/c		11,000
Jan.6	To sales A/c		8,000	Jan.24	By B.D. Gupta A/c		2,500
				Jan.29	By Stationery A/c		300
				Jan.31	By Rent A/c		450
				Jan.31	By Salaries A/c		2,700

				Jan.31	By balance c/d		11,050

			28,000				28,000
feb.1	To balance b/d		11,050

Capital A/c

Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
				2020
				Jan.1	By cash A/c		20,000

Purchases A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020
Jan.4	To Sohan A/c		19,000
Jan.14	To B.D. Gupta A/c		5,600

Sales A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
				2020
				Jan.6	By Cash A/c		8,000
				Jan.12	By Chaman Lal A/c		4,700
				Jan.22	By Ravinder A/c		2,700

Sohan’s A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020				2020
Jan.9	To Cash A/c		11,000	Jan.4	By Purchases A/c		19,000
Jan.11	To Return outward A/c		1,000

Return outwards A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
				2020
				Jan.11	By Sohan A/c		1,000

Return Inward A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020
Jan.18	To Chaman Lal A/c		400

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Chaman Lal A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020				2020
Jan.12	To sales A/c		4,700	Jan.18	By Return inwards A/c		400

B.D. Gupta A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020				2020
Jan.24	To Cash A/c		2,500	Jan. 14	By Purchases A/c		5,600

Ravinder’s A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020				2020
Jan.22	To Sales A/c		2,700

Stationery A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020				2020
Jan.31	To Cash A/c		300

Rent A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020				2020
Jan.31	To Cash A/c		450

Salaries A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2020				2020
Jan. 31	To Cash A/c		2,700

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Ledger balancing or Closing of ledger account | Ledger

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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

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

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Amanpreet Kaur November 22, 2021

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