Question No 04 Chapter No 10 – USHA Publication 11 Class

Question No 04 Chapter No 10
Q-04 - CH-10 - USHA +1 Book 2020 - Solution

Question No 04 Chapter No 10

Opening Entry

4. On 1st April 2019, the position o Balveen Traders was as follow

  Rs   Rs
Capital 6,00,000 Building 4,00,000
Bank loan  1,75,000 Machinery  2,20,000
Creditors 1,30,000 Furniture 90,000
Salary outstanding 35,000 Debtors 80,000
    Stock 1,10,000
    Cash 40,000
  9,40,000   9,40,000

 

The solution of Question No 04 Chapter No 10: –

 

In the Books of Meena
Date Particulars
L.F. Debit Credit
2019          
Apr.1 Building A/c Dr.   4,00,000  
  Machinery A/c Dr.   2,20,000  
  Furniture A/c Dr.   90,000  
  Debtors A/c Dr.   80,000  
  Stock A/c Dr.   1,10,000  
  Cash A/c Dr.   40,000  
  To Bank loan A/c       1,75,000
  To Creditors A/c       1,30,000
  To Salary outstanding A/c       1,75,000
  To Capital A/c       6,00,000
  (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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