Question 5a Chapter 4 – Unimax Publications of Class 11

Posted by By Harveerjot Singh 8 Min Read May 15, 2022
Q5(a) - CH-4 Solution
Q5(a) - CH-4 Solution

Question 5a Chapter 4 – Unimax

5. (a) Journalise the following Transactions in the books of Gagan.
2021
Jan 1 Started business with Cash Rs. 60,000.
Jan 2 Purchased goods for cash Rs. 6,000
Jan 5 Purchased goods from Gurdeep Rs. 30,000.
Jan 8 Purchased goods from Gobind on Cash 10,000
Jan 10 Sold goods for cash Rs. 5,000.
Jan 11 Sold goods for Rs. 10,000
Jan 12 Sold goods to Harmeet Rs. 3,000.
Jan 14 Sold goods on Cash to Ravi Rs. 4,000.
Jan 15 Purchased goods for Rs. 9,000.
Jan 16 Purchased goods from Jai Parkash Rs.4,000 on credit
Jan 18 Purchased goods Rs. 4,000 from Romika.

The solution of Question 5a Chapter 4 – Unimax:

JOURNAL OF GAGAN

Date Particulars L.F. Debit Credit
2021          
Jan 1 Cash A/c Dr.   60,000  
  To Capital A/c       60,000
  (Being business started with cash)        
           
Jan 2 Purchases A/c Dr.   6,000  
  To Cash A/c       6,000
  (Being goods purchased for cash)        
           
Jan 5 Purchases A/c Dr.   30,000  
  To Gurdeep A/c       30,000
  (Being goods purchased from Gurdeep)        
           
Jan 8 Purchases A/c Dr.   10,000  
  To Cash A/c       10,000
  (Being goods purchased for cash)        
           
Jan 10 Cash A/c Dr.   5,000  
  To Sales A/c       5,000
  (Being goods sold for cash)        
           
Jan 11 Cash A/c Dr.   10,000  
  To Sales A/c       10,000
  (Being goods sold)        
           
Jan 12 Harmeet A/c Dr.   3,000  
  To Sales A/c       3,000
  (Being goods sold to Harmeet)        
           
Jan 14 Cash A/c Dr.   4,000  
  To Sales A/c       4,000
  (Being goods sold to Ravi on cash)        
           
Jan 15 Purchases A/c Dr.   9,000  
  To Cash A/c       9,000
  (Being goods purchased)        
           
Jan 16 Purchases A/c Dr.   4,000  
  To Jai Prakash A/c       4,000
  (Being goods purchased from Jai Prakash)        
           
Jan 18 Purchases A/c     4,000  
  To Romika A/c       4,000
  (Being good purchased from Romika)      

This is all about the Question 5a 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

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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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