Question 6b Chapter 4 – Unimax Publications of Class 11

Posted by By Harveerjot Singh 7 Min Read May 15, 2022
Q6(b) - CH-4 Solution
Q6(b) - CH-4 Solution

Question 6b Chapter 4 – Unimax

6. (b) Journalise the following transactions in the books of Neha.
2021
Feb. 1 Neha commenced business with personal cash Rs. 1,00,000 and Rs. 1,50,000 borrowed from Naveen on personal account.
Feb. 2 Purchase goods Rs. 10,000
Feb. 4 Cash withdrawn by Neha for personal use Rs. 10,000
Feb. 8 Sold goods to Rahul Rs. 40,000.
Feb. 10 Purchase goods from Sourav for cash Rs. 10,000.
Feb. 15Life Insurance premium paid Rs. 10,000 on the life of Neha’s son.
Feb. 20 Purchased goods on credit Rs. 30,000.
Feb. 25 Goods withdrawn by Neha for personal use Rs. 20,000.

The solution of Question 6b Chapter 4 – Unimax:

JOURNAL OF NEHA

Date Particulars L.F. Debit Credit
2021          
Feb. 1 Cash A/c Dr.   2,50,000  
  To Capital A/c       2,50,000
  (Being business started with cash)        
           
Feb. 2 Purchases A/c Dr.   10,000  
  To Cash A/c       10,000
  (Being purchase goods)        
           
Feb. 4 Drawings A/c Dr.   10,000  
  To Cash A/c       10,000
  (Being cash withdrawn by Neha for personal use)        
           
Feb. 8 Rahul A/c Dr.   40,000  
  To Sales A/c       40,000
  Being goods sold to Rahul)        
           
Feb. 10 Purchases A/c Dr.   10,000  
  To Cash A/c       10,000
  (Being goods purchased from sourav on cash)        
           
Feb. 15 Drawing A/c Dr.   10,000  
  To Cash A/c       10,000
  (Being life insurance premium paid on life of Neha’s son)        
           
Feb. 20 Purchases A/c Dr.   30,000  
  To Creditors A/c       30,000
  (Being goods purchased on credit)        
           
Feb. 25 Drawings A/c Dr.   20,000  
  To Purchases A/c       20,000
  (Being goods withdrawn by Neha for personal use)      

This is all about Question 6b 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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