Question 21 Chapter 4 – Unimax Publications of Class 11

Q21 - CH-4 Solution

Question 21 Chapter 4 – Unimax

Free Accounting book Solution - Class 11 and Class 12

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 

You Can also read all above articles in Hindi on our Hindi Website

Opening Journal Entry – its Rules and Examples – 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

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