Question 23 Chapter 4 - Unimax Publications of Class 11

Question 23 Chapter 4 – Unimax

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The solution of Question 23 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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

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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

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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 23 Chapter 4 – Unimax Publications of Class 11

The solution of Question 23 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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