Question 8 Chapter 6 - Unimax Publications of Class 11

Question 8 Chapter 6 – Unimax

Table of Contents

The solution of Question 8 Chapter 6 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

8. Pass the Journal entries and Prepare Mr. Ramesh account in the ledger:
2020
March 1 Purchase goods for Cash from Ramesh Rs. 20,000
March 6 Purchase goods from Ramesh Rs. 8,000
March 10 Return goods to Ramesh Rs. 1,000
March 14 Amount deposited directly in Ramesh’s bank account Rs. 6,000
March 19 Goods purchased from Ramesh on credit at 10% T.D. Rs. 30,000
March 25 Paid to Ramesh by cheque 16,000 Discount Received Rs. 1,000
March 29 Paid to Suman as behalf of Ramesh Rs. 7,000

The solution of Question 8 Chapter 6 – Unimax:

JOURNAL

Date	Particulars		L.F.	Debit	Credit
2020
Mar. 1	Purchase Account A/C	Dr.		20,000
	To Cash Account A/C				20,000
	(Being purchased goods for cash from Ramesh)

Mar. 6	Purchase Account A/C	Dr.		8,000
	To Ramesh A/C				8,000
	(Being purchased goods from Ramesh)

Mar. 10	Ramesh A/C	Dr.		1,000
	To Purchase Returns account A/C				1,000
	( Being returned goods to Ramesh)

Mar. 14	Ramesh A/C	Dr.		6,000
	To Cash Account A/C				6,000
	(Being amount deposited directly in Ramesh’s bank account)

Mar. 19	Purchase Account A/C	Dr.		27,000
	To Ramesh A/C				27,000
	(Being goods purchased at 10% Trade Discount)

Mar. 25	Ramesh A/C	Dr.		17,000
	To Bank Account				16,000
	To Discount Received Account				1,000
	(Being cash paid to Ramesh and Discount received)

Mar. 29	Ramesh A/C	Dr.		7,000
	To Cash Account				7,000
	(Being cash paid to Suman on behalf of Ramesh)

LEDGER :

RAMESH ACCOUNT

Date	Particulars	Amount	Date	Particulars	Amount
2020			2020
Mar. 10	To Purchase Return Account	1,000	Mar. 4	By Purchase Account	6,000
Mar. 14	To Cash Account	6,000	Mar. 19	By Purchase Account	27,000
Mar. 25	To Bank Account	16,000
Mar. 25	To Discount Received Account	1,000
Mar. 29	To Cash Account	7,000
Mar. 31	To balance c/d	4,000

		35,000			35,000

			Apr. 1	By balance b/d	4,000

This is all about the question 8 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

Advertisement-X

Comment if you have any doubt in the question 8 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

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 8 Chapter 6 – Unimax Publications of Class 11

The solution of Question 8 Chapter 6 – Unimax:

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Related