Question No 01 Chapter No 10 – USHA Publication 11 Class

Question No 01 Chapter No 10
Q-01 - CH-10 - USHA +1 Book 2020 - Solution

Question No 01 Chapter No 10

Opening Entry

1. Bhupinder started business on Feb,1,2019 wither own cash Rs 50,000 , Building Rs 5,50,000, stock of goods Rs 85,000, Furniture Rs 95,000 and a motor van valued at Rs 1,80,000. she also borrowed Rs 70,000 from the bank

 

The solution of Question No 01 Chapter No 10: –

 

In the Books of Bhupinder
Date Particulars
L.F. Debit Credit
2019          
Feb.1 Cash A/c Dr.   50,000  
  Building A/c Dr.   5,50,000  
  Stock A/c Dr.   85,000  
  Furniture A/c Dr.   95,000  
  Motor Van A/c Dr.   1,80,000  
  To Bank Loan A/c       70,000
  To Capital A/c       8,90,000
  (Being opening entry made)      
         

 

Journal Proper | Subsidiary Books | Examples

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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

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Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

 

 

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