Question No 07 Chapter No 10
Adjustment Entries
7.Pass the journal entries for the following in the book of Mehak
(i) On the request of Mehak, her creditor Khushboo agreed that debt of Rs 8,000 due from the sister Sugandha, be transferred to her account
(ii) Mehak withdrew goods worth Rs 4,000 and stationary worth Rs 700 from the office stationery stock for her personal use
The solution of Question No 07 Chapter No 10: –
| In the Books of | |||||
| Date | Particulars |
L.F. | Debit | Credit | |
| 2019 | |||||
| (i) | Khushboo A/c | Dr. | 8,000 | ||
| To Sugandha A/c | 8,000 | ||||
| (Being amount due to Khushboo being paid by Sugandha) | |||||
| (ii) | Drawing A/c | Dr. | 4,700 | ||
| To Purchases A/c | 4,000 | ||||
| To Stationary A/c | 700 | ||||
| (Being goods and stationary withdrawn for personal use ) | |||||
Journal Proper | Subsidiary Books | Examples
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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
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. 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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