Question 22 Chapter 4 – Unimax Publications of Class 11

Q22 - CH-4 Solution

Question 22 Chapter 4 – Unimax

Free Accounting book Solution - Class 11 and Class 12

22. Journalise the following transactions in the books of Baldev.
2021
Aug.1 Baldev started Business with Cash Rs. 1,00,000, Bank Rs. 50,000 & Machinery Rs. 50,000.
Aug. 2 Purchase goods Rs. 25,000, Rs. 10,000 paid cash and Balance by cheque.
Aug. 7 Rent paid Rs. 4,000; salary paid Rs. 6,000.
Aug. 10 Received Rs. 5,000 commission and Rs. 10,000 interest.
Aug. 14 Paid Wages and Salary Rs. 4,000 and Rs. 5,500 respectively.

The solution of Question 22 Chapter 4 – Unimax:

JOURNAL OF BALDEV

Date Particulars L.F. Debit Credit
2021          
Aug. 1 Cash A/c Dr.   1,00,000  
  Bank A/c Dr.   50,000  
  Machinery A/c Dr.   50,000  
  To Baldev’s Capital A/c       2,00,000
   (Being business started with cash, bank and machinery)        
           
Aug. 2 Purchases A/c Dr.   25,000  
  To Cash A/c Dr.     10,000
  To Bank A/c       15,000
  (Being good purchased by cash & cheque)        
           
Aug. 7 Rent A/c Dr.   4,000  
  Salary A/c Dr.   6,000  
  To Cash A/c       10,000
  (Being rent and salary paid)        
           
Aug. 10 Cash A/c Dr.   15,000  
  To Commission A/c       5,000
  To Interest A/c       10,000
  (Being commission & interest received)        
           
Aug. 14 Wages A/c Dr.   4,000  
  Salaries A/c Dr.   5,500  
  To Cash A/c       9,500
  (Being wages and salaries paid)      

This is all about the Question 22 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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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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