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Question 9 Chapter 4 – Unimax Publications of Class 11

Q9 - CH-4 Solution
Q9 - CH-4 Solution

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 Question 9 Chapter 4 – Unimax

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9. Record the following transactions in the books of Simran.
2021
Mar. 1 Borrowed Rs. 1,00,000 from Bank @ 10% interest.
Mar. 2 Borrowed Rs. 50,000 from Sunil.
Mar. 10 Repaid Rs. 25,000 to Sunil.
Mar. 15 Lent Rs. 1,00,000 to Rahul.
Mar. 18 Borrowed Rs. 44,000 from Simran’s brother Jaideep @ 10% interest.
Mar. 20 Rahul Repaid Rs. 50,000.

The solution of Question 9 Chapter 4 – Unimax:

JOURNAL OF SIMRAN

DateParticulars L.F.DebitCredit
2021     
Mar. 1Cash A/cDr. 1,00,000 
 To Loan from bank A/c   1,00,000
 (Being cash borrowed from bank)    
      
Mar. 2Cash A/cDr. 50,000 
 To Sunil A/c   50,000
 (Being cash borrowed from Sunil)    
      
Mar. 10Sunil A/cDr. 25,000 
 To Cash A/c   25,000
 (Being repaid to Sunil)    
      
Mar. 15Loan to Rahul A/cDr. 1,00,000 
 To Cash A/c   1,00,000
 (Being cash lent to Rahul)    
      
Mar. 18Cash A/cDr. 44,000 
 To Loan from Jaideep A/c   44,000
 (Being loan taken from his brother Jaideep @ 10% interest)    
      
Mar. 20Cash A/cDr. 50,000 
 To Rahul A/c   50,000
 (Being cash repaid to Rahul)    

This is all about the Question 9 Chapter 4 – Unimax. You can check out the following article to better understand:

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Opening Journal Entry – its Rules and Examples 

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Opening Journal Entry – its Rules and Examples – In Hindi

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You can also Check out the solved question of other Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

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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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