Question 19 Chapter 4 - Unimax Publications of Class 11

Question 19 Chapter 4 – Unimax

Table of Contents

The solution of Question 19 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

19. Enter the following transactions in the Books of Yogesh.
June 2 Goods destroyed by flood Rs. 20,000. Goods were uninsured.
June 3 Goods destroyed by fire Rs. 30,000. Insurance Company paid claim Rs. 20,000
cheque.
June 7 Goods destroyed by fire Rs. 40,000. Insurance Company admitted 80% claim.
June 8 Goods destroyed in transit Rs. 30,000. Insurance Company admitted the full claim
June 17 Cash stolen from cash box Rs. 14,000.
June 19 Cash stolen from the cash box Rs. 50,000, Rs. 30,000 could be recovered the same day.
June 23 Goods Lost by embezzlement Rs. 37,000.

The solution of Question 19 Chapter 4 – Unimax:

BOOKS OF YOGESH

Date	Particulars		L.F.	Debit	Credit
2021
June 2	Loss by flood A/c	Dr.		20,000
	To Purchases A/c				20,000
	(Being goods destroyed by flood)

June 3	Bank A/c	Dr.		20,000
	Loss by fire A/c	Dr.		10,000
	To Purchases A/c				30,000
	(Being goods destroyed by fire, the insurance company paid the Claim)

June 7	Insurance Company A/c	Dr.		32,000
	Loss by fire A/c			8,000
	To Purchases A/c				40,000
	(Being goods destroyed by fire & Insurance company admitted the claim)

June 8	Insurance Company A/c	Dr.		30,000
	To Purchases A/c				30,000
	(Being goods destroyed by fire and full claim admitted by Insurance company)

June 17	Loss by embezzlement A/c	Dr.		14,000
	To Cash A/c				14,000
	(Being cash stolen from cash box)

June 19	Loss by embezzlement A/c	Dr.		20,000
	To Cash A/c				20,000
	(Being cash stolen from cash box 50,000 and 30,000 Recovered same day)

June 23	Loss by embezzlement A/c	Dr.		37,000
	To Purchases A/c				37,000
	(Being goods loss by embezzlement)

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Opening Journal Entry – its Rules and Examples

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Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

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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: –

Question 19 Chapter 4 – Unimax Publications of Class 11

The solution of Question 19 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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