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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

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Question No 04 Chapter No 10

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Opening Entry

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

 Rs Rs
Capital6,00,000Building4,00,000
Bank loan 1,75,000Machinery 2,20,000
Creditors1,30,000Furniture90,000
Salary outstanding35,000Debtors80,000
  Stock1,10,000
  Cash40,000
 9,40,000 9,40,000

 

The solution of Question No 04 Chapter No 10: –

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In the Books of Meena
DateParticulars
L.F.DebitCredit
2019     
Apr.1Building A/cDr. 4,00,000 
 Machinery A/cDr. 2,20,000 
 Furniture A/cDr. 90,000 
 Debtors A/cDr. 80,000 
 Stock A/cDr. 1,10,000 
 Cash A/cDr. 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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Also, Check out the solved question of all Chapters: –

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

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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)

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Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

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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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