# Question 40 Chapter 4 – Unimax Publications of Class 11

Question 40 Chapter 4 – Unimax

40. Pass Journal entries:
(a) Goods purchased for Rs. 12,000, cartage on purchases Rs. 350.
(b) Goods sold for cash Rs. 9600, Sales commission paid Rs. 420.
(c)Machinery is purchased for Rs. 60,000, transportation expenses paid Rs. 2,500 in this connection.
(d) Machinery is purchased for Rs. 60,000 and installation expenses Rs. 2,500 incurred on this Machinery.
(e)The old furniture of value Rs. 1600 is exchanged for new furniture of value Rs. 2,500, balance paid in cash.

## The solution of Question 40 Chapter 4 – Unimax:

JOURNAL

 Date Particulars L.F. Debit Credit 2021 (a) Purchases A/c Dr. 12,000 Cartage A/c Dr. 350 To Cash A/c 12,350 (Being goods purchased and cartage paid in cash) (b) Cash A/c Dr. 9,600 To Sales A/c 9,600 (Being goods sold for cash) Commission A/c Dr. 420 To Cash A/c 420 (Being commission paid in cash) (c) Machinery A/c Dr. 62,500 To Cash A/c 62,500 (Being machinery purchased and transportation expenses also paid) (d) Machinery A/c Dr. 62,500 To Cash A/c 62,500 (Being machinery and installation expenses paid) (e) Furniture A/c (New) Dr. 2,500 To Cash A/c 900 To Furniture A/c 1,600 (Being furniture purchased for cash) Grand Total 1,51,470 1,51,470

This is all about the Question 40 Chapter 4 – Unimax. You can check out the following article to better understand:

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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