Question 6a Chapter 4 - Unimax Publications of Class 11

Question 6a Chapter 4 – Unimax

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The solution of Question 6a Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

6. (a) Journalise the following transactions in the books of Madhur & Sons
2021
Jan. 1 Invest Cash into Business Rs. 20,000.
Jan. 2 Cash Purchases Rs. 20,000.
Jan. 4 Goods purchased from Amit on credit Rs. 8,000.
Jan. 8 Cash Sales Rs. 6,000.
Jan. 10 Machinery Purchase from Sumeet Rs. 10,000.
Jan. 15 Salary paid Rs. 6,000.
Jan. 20 Rent Received Rs. 1,000.
Jan. 25 Furniture purchased for cash Rs. 8,000.

The solution of Question 6a Chapter 4 – Unimax:

JOURNAL OF MADHUR & SONS

Date	Particulars		L.F.	Debit	Credit
2021
Jan 1	Cash A/c	Dr.		20,000
	To Capital A/c				20,000
	(Being cash invested in the business )

Jan 2	Purchases A/c	Dr.		20,000
	To Cash A/c				20,000
	(Being cash purchases)

Jan 4	Purchases A/c	Dr.		8,000
	To Amit A/c				8,000
	(Being goods purchased from Amit on credit )

Jan 8	Cash A/c	Dr.		6,000
	To Sales A/c				6,000
	(Being goods sold on cash)

Jan 10	Machinery A/c	Dr.		10,000
	To Sumeet A/c				10,000
	(Being machinery purchased from Sumeet )

Jan 15	Salaries A/c	Dr.		6,000
	To Cash A/c				6,000
	(Being salaries paid)

Jan 20	Cash A/c	Dr.		1,000
	To Rent A/c				1,000
	(Being rent received )

Jan 25	Furniture A/c	Dr.		8,000
	To Cash A/c				8,000
	(Being furniture purchased for cash )

This is all about Question 6a Chapter 4 – Unimax. You can check out the following article to better understand:

Opening Journal Entry – its Rules and Examples

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Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

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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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Question 6a Chapter 4 – Unimax Publications of Class 11

The solution of Question 6a Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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