Question 4 Chapter 6 - Unimax Publications of Class 11

Question 4 Chapter 6 – Unimax

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The solution of Question 4 Chapter 6 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

4. Enter the following transactions in Journal of Ravi and post them into ledger.
2020
June 1 Business commenced with cash Rs. 60,000 and furniture Rs. 7,000
June 8 Goods purchased from Anurag Rs. 7,000
Goods purchased for Cash Rs. 8,000
June 16 Cash paid to Anurag Rs. 6,900
Discount received Rs. 100

The solution of Question 4 Chapter 6 – Unimax:

JOURNAL

Date	Particulars		L.F.	Debit	Credit
2020
June 1	Cash A/c	Dr.		60,000
	Furniture A/c	Dr.		7,000
	To Capital				67,000
	(Being Business started with Cash & Furniture)

June 8	Purchase A/c	Dr.		15,000
	To Cash A/c				8,000
	To Anurag A/c				7,000
	(Being8,000 goods purchase for Cash and 7,000 from Anurag)

June 16	Anurag A/c	Dr.		7,000
	To Cash A/c				6,900
	To Discount A/c				100
	(Being 6,900 paid to Anurag)

LEDGER :

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CASH ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
June 1	To Capital A/c	60,000	June 8	By Purchase A/c	8,000
			June 16	By Anurag A/c	6,900

FURNITURE A/C

Date	Particulars	Amount	Date	Particulars	Amount
June 1	To Capital A/c	7,000

CAPITAL A/C

Date	Particulars	Amount	Date	Particulars	Amount
			June 1	By Cash A/c	60,000
				By Furniture A/c	7,000

PURCHASE ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
June 8	To Cash A/c	8,000
	To Anurag A/c	7,000

ANURAG A/C

Date	Particulars	Amount	Date	Particulars	Amount
June 16	To Cash A/c	6,900	June 8	By Purchase A/c	7,000
June 16	To Discount A/c	100

DISCOUNT A/C

Date	Particulars	Amount	Date	Particulars	Amount
			June 16	By Anurag A/c	100

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Ledger balancing or Closing of ledger account | Ledger

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Ledger balancing or Closing of ledger account | Ledger – In Hindi

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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

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Question 4 Chapter 6 – Unimax Publications of Class 11

The solution of Question 4 Chapter 6 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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