Question 20 Chapter 4 - Unimax Publications of Class 11

Question 20 Chapter 4 – Unimax

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The solution of Question 20 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

20. Record the transactions in the books of Raman.
2021
July 1 Cash Donated Rs. 5,000.
July 7 Goods Donated Rs. 8,000.
July 8 Cash withdrawn by owner for personal use Rs. 2,000.
July 9 Goods withdrawn worth Rs. 10,000 for Domestic use.
July 10 Goods distributed Rs. 5,000 as free sample.

The solution of Question 20 Chapter 4 – Unimax:

JOURNAL OF RAMAN

Date	Particulars		L.F.	Debit	Credit
2021
July 1	Donation A/c	Dr.		5,000
	To Cash A/c				5,000
	(Being cash donated)

July 7	Donation A/c	Dr.		8,000
	To Purchases A/c				8,000
	(Being goods donated)

July 8	Drawings A/c	Dr.		2,000
	To Cash A/c				2,000
	(Being cash withdrawn by proprietor for personal use)

July 9	Drawings A/c	Dr.		10,000
	To Purchases A/c				10,000
	(Being goods withdrawn by owner for domestic use)

July 10	Advertisement A/c	Dr.		5,000
	To Purchases A/c				5,000
	(Being goods distributed as free samples)

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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

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Question 20 Chapter 4 – Unimax Publications of Class 11

The solution of Question 20 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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