# Question 32 Chapter 4 – Unimax Publications of Class 11

Question 32 Chapter 4 – Unimax

32. Journalise the following entries
(i) Purchased goods for cash of the list price of Rs. 20,000 at 10% Trade discount and 5% cash discount.
(ii) Sold goods with list price Rs. 10,000, Trade discount 5% and cash discount 2%.
(iii) Received cash from Shilpa Rs. 3,850 and discount allowed Rs. 150
(iv) Issued cheque for Rs. 1600 in full settlement of X’s claim of Rs. 1680.
(v) Sold goods to Mansi of the list price Rs. 4,000, trade discount 9%

## The solution of Question 32 Chapter 4 – Unimax:

JOURNAL

 Date Particulars L.F. Debit Credit 2021 (i) Purchases A/c Dr. 18,000 To Cash A/c 17,100 To Discount received A/c 900 (Being goods purchased & discount received) (ii) Customer’s A/c Dr. 9,500 To Sales A/c 9,500 (Being sold goods to customers or debtors (credit sales)) (iii) Cash A/c Dr. 3,850 Discount allowed A/c Dr. 150 To Shilpa’s A/c 4,000 (Being cash received from Shilpa & discount allowed) (iv) X’s Claim A/c Dr. 1,680 To Bank A/c 1,600 To Discount Received A/c 80 (Being issued cheque in full settlement of X’s claim) (v) Mansi’s A/c Dr. 3,640 To Sales A/c 3,640 (Being goods sold to Mansi) Grand Total 36,820 36,820

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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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## 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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