Question 2 Chapter 6 – Unimax
2. Record the following transactions in Journal post them into ledger and find out the balances of all the accounts
2020
March 1 Purchased goods from Jashan Rs. 10,000
March 6 Goods destroyed by fire Rs. 2,000
March 13 Commission paid in cash Rs. 2,000
March 17 Furniture purchased from Neha Rs. 20,000
March 25 Sold goods for Rs. 15,000
March 28 Cash deposited into Bank Rs. 5,600
The solution of Question 2 Chapter 6 – Unimax:
JOURNAL
Date | Particulars | L.F. | Debit | Credit | |
2020 | |||||
March 1 | Purchase A/C | Dr. | 10,000 | ||
To Jashan A/C | 10,000 | ||||
(Being goods purchased from Jashan) | |||||
March 6 | Loss by Fire A/c | Dr. | 2,000 | ||
To Purchase A/c | 2,000 | ||||
(Being goods destroyed by fire) | |||||
March 13 | Commission A/C | Dr. | 2,000 | ||
To Cash A/c | 2,000 | ||||
(Being commission paid in cash) | |||||
March 17 | Furniture A/C | Dr. | 20,000 | ||
To Neha A/C | 20,000 | ||||
(Being Furniture purchased from Neha) | |||||
March 25 | Cash A/c | Dr. | 15,000 | ||
To Sales A/c | 15,000 | ||||
(Being goods sold) | |||||
March 28 | Bank A/C | Dr. | 5,600 | ||
To Cash A/c | 5,600 | ||||
(Being cash deposited into bank) |
LEDGER :
PURCHASE ACCOUNT
Date | Particulars | Amount | Date | Particulars | Amount |
2020 | 2020 | ||||
March 1 | To Jashan A/c | 10,000 | March 6 | By Loss by Fire A/c | 2,000 |
JASHAN A/C
Date | Particulars | Amount | Date | Particulars | Amount |
2020 | |||||
March 1 | By Purchase A/c | 10,000 |
LOSS BY FIRE ACCOUNT
Date | Particulars | Amount | Date | Particulars | Amount |
2020 | |||||
March 6 | To Purchase A/c | 2,000 |
COMMISSION A/C
Date | Particulars | Amount | Date | Particulars | Amount |
2020 | |||||
March 13 | To Cash A/c | 2,000 |
CASH ACCOUNT
Date | Particulars | Amount | Date | Particulars | Amount |
2020 | 2020 | ||||
Mar. 25 | To Sales account | 15,000 | Mar. 13 | By Commission A/c | 2,000 |
2020 | |||||
Mar. 28 | By Bank A/c | 5,600 |
FURNITURE ACCOUNT
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Date | Particulars | Amount | Date | Particulars | Amount |
2020 | |||||
March 1 | To Neha A/c | 20,000 |
NEHA A/C
Date | Particulars | Amount | Date | Particulars | Amount |
2020 | |||||
March 17 | By Furniture A/c | 20,000 |
SALES ACCOUNT
Date | Particulars | Amount | Date | Particulars | Amount |
2020 | |||||
March 25 | By Cash A/c | 15,000 |
BANK ACCOUNT
Date | Particulars | Amount | Date | Particulars | Amount |
2020 | |||||
March 28 | To Cash A/c | 5,600 |
This is all about question 2 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 above articles in Hindi on our Hindi Website
Ledger balancing or Closing of ledger account | Ledger – 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
You can also Check out the other Books’ Solution: –
- Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
- T.S. Grewal’s Double Entry Book Keeping (Class +1) – Solution
- D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution
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