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Question 30 Chapter 4 – Unimax Publications of Class 11

Q30 - CH-4 Solution
Q30 - CH-4 Solution

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Question 30 Chapter 4 – Unimax

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30. Journalise the following transactions:
(i) Withdrew cash from office for personal use Rs. 2500
(ii) Received commission Rs. 7000
(iii) Wages paid by cheque Rs. 1,200
(iv) Withdrew cash from bank for office use Rs. 1,600
(v) Dividend received through cheque Rs. 650
(vi) Purchased machinery from X& Co. Rs. 10,000
(vii) Provide 8% depreciation on machinery costing Rs. 25,000.

The solution of Question 30 Chapter 4 – Unimax:

JOURNAL

DateParticulars L.F.DebitCredit
2021     
(i)Drawings A/cDr. 2,500 
 To Cash A/c   2,500
 (Being withdrawn cash for personal use)    
      
(ii)Cash A/cDr. 700 
 To Commission A/c   700
 (Being commission received)    
      
(iii) Wages A/cDr. 1,200 
 To Bank A/c   1,200
 (Being paid wages by cheque)    
      
(iv)Cash A/cDr. 1,600 
 To Bank A/c   1,600
 (Being cash withdrawn from Bank for office use)    
      
(v)Bank A/cDr. 650 
 To Dividend A/c   650
 (Being dividend received by cheque)    
      
(vi)Machinery A/cDr. 10,000 
 To X & Co. A/c   10,000
 (Being machinery purchased from X & Co.)    
      
(vii)Depreciation A/cDr. 2,000 
 To Machinery A/c   2,000
 (Being charged depreciation on machinery)    
 Grand Total 18,650 18,650

This is all about the Question 30 Chapter 4 – Unimax. You can check out the following article to better understand:

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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.

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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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