Question 23 Chapter 4 – Unimax Publications of Class 11

Q23 - CH-4 Solution

Question 23 Chapter 4 – Unimax

Free Accounting book Solution - Class 11 and Class 12

23. Journalise this following transaction in the books of Rahul:
2021
July 1 Purchased goods for Rs. 20,000 from Pawan
July 4 Sold the above goods to Jyoti for Rs. 24,000
July 5 Jyoti returned ½ of the goods
July 7 Above goods returned to Pawan

The solution of Question 23 Chapter 4 – Unimax:

JOURNAL

Date Particulars L.F. Debit Credit
2021          
July 1 Purchases A/c Dr.   20,000  
  To Pawan A/c       20,000
  (Being purchase of goods on credit)_        
           
July 4 Jyoti A/c Dr.   24,000  
  To Sales A/c .     24,000
  (Being sale of goods on credit)        
           
July 5 Sales Return A/c Dr.   12,000  
  To Jyoti A/c       12,000
  (Being ½ goods returned to us)        
           
July 7 Pawan A/c Dr.   10,000  
  To Purchases Return A/c       10,000
  (Being Goods returned to the supplier at cost)      

This is all about the Question 23 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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