Question 6 Chapter 6 - Unimax Publications of Class 11

Question 6 Chapter 6 – Unimax

Table of Contents

The solution of Question 6 Chapter 6 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

6. Pass the Opening Entry on 1 April, 2020 on the basis of the following information taken from the books of Mr. Dinesh. Also, post the opening entry:

	Rs.
Cash in Hand	20,000
Sundry Debtors	60,000
Stock of Goods	40,000
Input IGST Account	15,000
Input SGST Account	5,000
Plant	50,000
Land and Building	1,00,000
Sundry Creditors	1,00,000

The solution of Question 6 Chapter 6 – Unimax:

IN THE BOOKS OF MR. DINESH JOURNAL

Date	Particulars		L.F.	Debit	Credit
2020
April 1	Cash A/C	Dr.		20,000
	Sundry Debtors A/c	Dr.		60,000
	Stock A/C	Dr.		40,000
	Input IGST A/C	Dr.		15,000
	Input SGST A/C	Dr.		5,000
	Plant A/C	Dr.		50,000
	Land and Building A/C	Dr.		1,00,000
	To Sundry Creditors A/C				1,00,000
	To Capital A/C (Note 1)				1,90,000
	(Being the last year’s balances brought forward)

Notes: 1. The excess of assets over liabilities is the proprietor’s capital and is credited Capital Account.
2. Input IGST Account and Input SGST Account have debit balance

LEDGER :

CASH ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
April 1	To Balance b/d	20,000

SUNDRY DEBTORS ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
April 1	To balance b/d	60,000

STOCK ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
April 1	To balance b/d	40,000

INPUT IGST ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
April 1	To balance b/d	15,000

INPUT SGST ACCOUNT

Advertisement-X

Date	Particulars	Amount	Date	Particulars	Amount
2020
April 1	To balance b/d	5,000

PLANT ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
July 1	To balance b/d	50,000

LAND AND BUILDING ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020
April 1	To balance b/d	1,00,000

SUNDRY CREDITORS ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
			2020
			April 1	By Balance b/d	1,00,000

CAPITAL ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
			2020
			April 1	By balance b/d	1,90,000

This is all about the question 6 Chapter 6 – Unimax. You can check out the following article to better understand:

Ledger balancing or Closing of ledger account | Ledger

You Can also read all above articles in Hindi on our Hindi Website

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

Thanks, Please Like and share with your friends

Comment if you have any doubt in the question 6 Chapter 6 – Unimax.

Advertisement-X

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

You can also Check out the other Books’ Solution: –

Question 6 Chapter 6 – Unimax Publications of Class 11

The solution of Question 6 Chapter 6 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Related