Question No 06 Chapter No 5 – USHA Publication 11 Class

Question No 06 Chapter No 5
Q-06 - CH-5 - USHA +1 Book 2020 - Solution


Question No 06 Chapter No 5


6. Journalese the following transaction in the book of Vijay Govindrajan:

May-01 Vijay commenced business with cash Rs 1,50,000
May-04 Paid marriage expenses of proprietor’s daughter from business Rs 41,000
May-12 Life insurance premium paid on the life of proprietor’s wife RS 12,0000
May-14 Rent of the residence of the proprietor paid from his own pocket RS 16,000
May-18 Personal cash paid to purchase machinery for the business Rs 74,000

The solution of Question No 06 Chapter No 5: –

In the Books of Vijay Govindrajan
Date   Particulars
L.F. Debit Credit
May.1 Cash A/c Dr.   1,50,000  
  To Capital A/c       1,50,000
  (Being business commenced with cash.)      
May.4 Drawings A/c Dr.   41,000  
  To Cash A/c       41,000
  (Being marriage expenses paid from the business )      
May.12 Drawings A/c Dr.   12,000  
  To Cash A/c     12,000
  (Being life insurance premium paid)      
May.18 Machinery A/c Dr.   74,000  
  To Capital A/c     74,000
  (Being personal cash paid to purchased machinery for the business)      


Note: There will be no entry for the transaction dated May.14 because both the debit and credit aspects are personal.


To understand more about Journal please check out following links: –

How to make Journal Entries in Accounting – Explanation

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Also, Check out the solved question of all Chapters: –

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


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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