Question 21 Chapter 4 – Unimax Publications of Class 11

Q21 - CH-4 Solution
Q21 - CH-4 Solution

Question 21 Chapter 4 – Unimax

21. On 1st April 2021 Record the following transactions in the Books of Shelly.

Cash in hand 1,000
Cash at Bank 3,000
Building 30,000
Machinery 10,000
Due from X 6,000
Loan 20,000
Due to Y 10,000
Bills Payable 4,000

The solution of Question 21 Chapter 4 – Unimax:

 JOURNAL OF RAMAN

Date Particulars L.F. Debit Credit
2021          
1 April Cash A/c Dr.   1,000  
  Bank A/c Dr.   3,000  
  Building A/c Dr.   30,000  
  Machinery A/c Dr.   10,000  
  Due from X A/c Dr.   6,000  
  To Loan A/c       20,000
  To Y A/c       10,000
  To Bills payable A/c A/c       4,000
  To Capital A/c       16,000
  (Being the opening entry for balances brought forward)      

This is all about the Question 21 Chapter 4 – Unimax. You can check out the following article to better understand:

Opening Journal Entry – its Rules and Examples 

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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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