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Question 6 Chapter 6 – Unimax Publications of Class 11

Question 6 - CH-6 Solution
Question 6 - CH-6 Solution

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Question 6 Chapter 6 – Unimax

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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 Hand20,000
Sundry Debtors60,000
Stock of Goods40,000
Input IGST Account15,000
Input SGST Account5,000
Plant50,000
Land and Building1,00,000
Sundry Creditors1,00,000

The solution of Question 6 Chapter 6 – Unimax:

IN THE BOOKS OF MR. DINESH JOURNAL

DateParticulars L.F.DebitCredit
2020     
April 1Cash A/CDr. 20,000 
 Sundry Debtors A/cDr. 60,000 
 Stock A/CDr. 40,000 
 Input IGST A/CDr. 15,000 
 Input SGST A/CDr. 5,000 
 Plant A/CDr. 50,000 
 Land and Building A/CDr. 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

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LEDGER :

CASH ACCOUNT

DateParticularsAmountDate ParticularsAmount
2020     
April 1To Balance b/d20,000   

SUNDRY DEBTORS ACCOUNT

Date ParticularsAmount Date ParticularsAmount
2020     
April 1To balance b/d60,000   

STOCK ACCOUNT

Date ParticularsAmount Date ParticularsAmount
2020     
April 1To balance b/d40,000   

INPUT IGST ACCOUNT

Date ParticularsAmount Date ParticularsAmount
2020     
April 1To balance b/d15,000   

INPUT SGST ACCOUNT

Date ParticularsAmount Date ParticularsAmount
2020     
April 1To balance b/d5,000   

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PLANT ACCOUNT

Date ParticularsAmount Date ParticularsAmount
2020     
July 1To balance b/d50,000   

LAND AND BUILDING ACCOUNT

Date ParticularsAmount Date ParticularsAmount
2020     
April 1To balance b/d1,00,000   

SUNDRY CREDITORS ACCOUNT

Date ParticularsAmount Date ParticularsAmount
   2020  
   April 1By Balance b/d1,00,000

CAPITAL ACCOUNT

Date ParticularsAmount Date ParticularsAmount
   2020  
   April 1By balance b/d1,90,000

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

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

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

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

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

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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: –

 

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