# Question 38 Chapter 4 – Unimax Publications of Class 11

Question 38 Chapter 4 – Unimax

38. Journalise the following transactions:
(i) Goods withdrawn by proprietor for personal use (sales price Rs. 1,200, cost price Rs. 1,100)
(ii) Goods given as charity. (S.P. Rs. 900, C.P. Rs. 700)
(iii) Goods given as free samples (S.P. Rs. 1400, C.P. Rs. 1250)
(iv) Goods stolen in transits (S.P. Rs. 2400, C.P. Rs. 2,150)
(v) Goods used in making of furniture (S.P. Rs. 2000, C.P. Rs. 1500)
(vi) Goods destroyed by fire. (S.P. Rs. 2400, C.P. Rs. 2260)
(vii) Goods stolen by an employee. (S.P. Rs. 960, C.P. Rs. 850)

## The solution of Question 38 Chapter 4 – Unimax:

JOURNAL

 Date Particulars L.F. Debit Credit (i) Drawings A/c Dr. 1,100 To Purchases A/c 1,100 (Being goods withdrawn by proprietor for personal use) (ii) Charity A/c Dr. 700 To Purchases A/c 700 (Being goods given away as charity). (iii) Advertisement A/c Dr. 1,250 To Purchases A/c 1,250 (Being goods given as free samples) (iv) Loss in transit A/c Dr. 2,150 To Purchases A/c 2,150 (Being goods lost in transit) (v) Furniture A/c Dr. 1,500 To Purchases A/c 1,500 (Being goods used for making furniture) (vi) Loss by fire A/c Dr. 2,260 To Purchases A/c 2,260 (Being goods lost by fire) (vii) Loss by Theft A/c Dr. 850 To Purchases A/c 850 (Being goods stolen by an employee) Grand Total 9,810 9,810

This is all about the Question 38 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

Comment if you have any doubt in the Question 38 Chapter 4 – Unimax.

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

You can also Check out the other Books’ Solution: –