Question 5b Chapter 4 – Unimax Publications of Class 11

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

Question 5b Chapter 4 – Unimax

5. (b) Journalise the following transactions in the books of Riya.
2021
Jan. 1 Started business with cash Rs. 1,80,000.
Jan. 2 Goods purchase Rs. 4,000.
Jan. 3 Purchase goods for cash Rs. 80,000.
Jan. 7 Purchase goods for cash from Sonia Rs. 10,000.
Jan. 10 Purchase goods on credit from Monika 15,000.
Jan. 12 Sold goods to Ravi Rs. 10,000.
Jan. 15 Sold goods Rs. 1,00,000.
Jan 18 Sold goods to Rahul Rs. 10,000 on credit.
Jan. 20 Sold goods to Sunil Rs. 15,000 on cash.
Jan. 25 Cash Sale Rs. 10,000.

The solution of Question 5b Chapter 4 – Unimax:

JOURNAL OF RIYA

Date Particulars  L.F. Debit Credit
2021          
Jan 1 Cash A/c Dr.   1,80,000  
  To Capital A/c       1,80,000
  (Being business started with cash)        
           
Jan 2 Purchases A/c Dr.   4,000  
  To Cash A/c       4,000
  (Being goods purchased)        
           
Jan 3 Purchases A/c Dr.   80,000  
  To Cash A/c       80,000
  (Being goods purchased for cash)        
           
Jan 7 Purchases A/c Dr.   10,000  
  To Cash A/c       10,000
  (Being goods purchased from Sonia on cash)        
           
Jan 10 Purchases A/c Dr.   15,000  
  To Monika A/c       15,000
  (Being goods sold from Monika on credit )        
           
Jan 12 Ravi A/c Dr.   10,000  
  To Sales A/c       10,000
  (Being goods sold to Ravi )        
           
Jan 15 Cash A/c Dr.   1,00,000  
  To Sales A/c       1,00,000
  (Being goods sold)        
           
Jan 18 Rahul A/c Dr.   10,000  
  To Sales A/c       10,000
  (Being goods sold to Rahul on credit )        
           
Jan 20 Cash A/c Dr.   15,000  
  To Sales A/c       15,000
  (Being goods sold to Sunil on cash )        
           
Jan 25 Cash A/c Dr.   10,000  
  To Sales A/c       10,000
  (Being cash sales )      

This is all about the Question 5b 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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