Question 25 Chapter 4 - Unimax Publications of Class 11

Question 25 Chapter 4 – Unimax

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The solution of Question 25 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

25. Enter the following transactions in the books of Subham.
2021
May 1 Subham commenced business of furniture with a capital of Rs. 2,50,000 brought in cash
May 2 Purchased furniture for Rs. 10,000
May 4 Purchased furniture from Rajat for Rs. 15,000
May 6 Sold furniture for cash Rs. 12,000
May 7 Purchased Stationary Rs. 400
May 9 Sold furniture to Manas for Rs. 5,000
May 12 Sold furniture to Raghav for cash Rs. 11,000
May 17 Purchased furniture from Sahil for cash Rs. 14,000
May 18 Cash paid to Rajat Rs. 15,000
May 20 Purchased Computer for Rs. 20,000
May 22 Cash received from Manas Rs. 5,000
May 31 Paid salaries Rs. 5,500.

The solution of Question 25 Chapter 4 – Unimax:

BOOKS OF SUBHAM

Date	Particulars		L.F.	Debit	Credit
2021
May 1	Cash A/c	Dr.		2,50,000
	To Subham’s Capital A/c				2,50,000
	(Being commenced business of furniture with cash)

May 2	Purchases A/c	Dr.		10,000
	To Cash A/c	.			10,000
	(Being purchased furniture)

May 4	Purchases A/c	Dr.		15,000
	To Rajat’s A/c				15,000
	(Being purchased furniture from Rajat)

May 6	Cash A/c	Dr.		12,000
	To Sales A/c				12,000
	(Being sold furniture for cash)

May 7	Stationery A/c	Dr.		400
	To Cash A/c				400
	(Being purchased stationery)

May 9	Manas’s A/c	Dr.		5,000
	To Sales A/c				5,000
	(Being sold furniture to Manas)

May 12	Cash A/c	Dr.		11,000
	To Sales A/c				11,000
	(Being sold furniture to Raghav for cash)

May 17	Purchases A/c	Dr.		14,000
	To Cash A/c				14,000
	(Being purchased furniture for cash)

May 18	Rajat’s A/c	Dr.		15,000
	To Cash A/c				15,000
	(Being cash paid to Rajat)

May 20	Computer A/c	Dr.		20,000
	To Cash A/c				20,000
	(Being computer purchased)

May 22	Cash A/c	Dr.		5,000
	To Manas’s A/c				5,000
	(Being cash received from Manas)

May 31	Salaries A/c	Dr.		5,500
	To Cash A/c				5,500
	(Being Salaries paid)
	Grand Total			3,62,900	3,62,900

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Opening Journal Entry – its Rules and Examples

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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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Question 25 Chapter 4 – Unimax Publications of Class 11

The solution of Question 25 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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