# Question 44 Chapter 4 – Unimax Publications of Class 11

Q44 - CH-4 Solution

Question 44 Chapter 4 – Unimax

44. Journalise the following transactions in the books of Rajat.
2021
March 1 Rajat started his business with Rs. 1,50,000 borrowed from his friend Sahil @ 10% p.a.
March 5 Purchased goods for Rs. 16,000
March 14 Received invoice from Varun and Sons and supplied these goods to Ankush listed Rs. 10,000
March 20 Ankush is declared insolvent and the amount 40 paise per rupee is received from him in full settlement.
March 24 Purchased goods for Rs. 1000 from Chadha and supplied it to Wadhva for Rs. 140 Wadhva returned goods worth Rs. 560 which in turn returned to Chadha.
March 26 Supplied goods for Rs. 600 to Raja for domestic use.
March 31 Rs. 1200 were paid to Rajeev, out of business funds for the repair of Rajat’s residential House.

## The solution of Question 44 Chapter 4 – Unimax:

JOURNAL OF RAJAT

### Working Note:

 (i) Percentage of sales returns by Wadhva = 560 x 100 = 40% 1400 (ii) Purchases returns to Chadha = 40 % of 1,000 40 X 1000 = Rs. 400 100

This is all about the Question 44 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