Question 8 Chapter 4 - Unimax Publications of Class 11

Question 8 Chapter 4 – Unimax

Table of Contents

The solution of Question 8 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

8. Record the following transactions in the books of Amrit.
2021
Feb. 1 Cash Deposited into Bank Rs. 50,000.
Feb. 2 Cash withdrawn from Bank RS. 10,000.
Feb. 5 Cash withdrawn from Bank for office use Rs.10,000.
Feb. 10 Cash withdrawn from bank for Rs. 9,000.
Feb. 11 Paid Salary Rs. 5,000 by cheque.
Feb. 15 Cheque issued to Sunil Rs. 10,000 on his Account.
Feb. 20 Received cheque from Sunil Rs. 1,000.
Feb. 25 Sunil’s, cheque dishonored.
Feb. 28 Received cheque RS. 5,000 from Arjun.

The solution of Question 8 Chapter 4 – Unimax:

JOURNAL OF AMRIT

Date	Particulars		L.F.	Debit	Credit
2021
Feb. 1	Bank A/c	Dr.		50,000
	To Cash A/c				50,000
	(Being cash deposited into bank)

Feb. 2	Cash A/c	Dr.		10,000
	To Bank A/c				10,000
	(Being cash withdrawn from bank)

Feb. 5	Cash A/c	Dr.		10,000
	To Bank A/c				10,000
	(Being cash withdrawn from office )

Feb. 10	Cash A/c	Dr.		9,000
	To Bank A/c				9,000
	(Being cash withdrawn from bank)

Feb. 11	Salaries A/c	Dr.		5,000
	To Bank A/c				5,000
	(Being cheque issued to Sunil)

Feb. 15	Sunil A/c	Dr.		10,000
	To Bank A/c				10,000
	(Being wages paid)

Feb. 20	Cash A/c	Dr.		1,000
	To Sunil A/c				1,000
	(Being cheque received from Sunil)

Feb. 25	Sunil A/c	Dr.		1,000
	To Bank A/c				1,000
	(Being Sunil’s cheque dishonored)

Feb. 28	Bank A/c	Dr.		5,000
	To Arjun A/c				5,000
	(Being cheque received from Arjun)

This is all about the Question 8 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 8 Chapter 4 – Unimax Publications of Class 11

The solution of Question 8 Chapter 4 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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