Question No 09 Chapter No 5 – USHA Publication 11 Class

Question No 09 Chapter No 5

Question No 09 Chapter No 5

9. State with reasons whether the following transactions are cash transaction or credit transaction:

(i) Goods purchased for Rs 35,200.
(ii) Goods purchased for cash Rs 45,300.
(iii) Cash purchases Rs 10,000.
(iv) Goods purchased from Maneka for cash Rs 18,350.
(v) Goods purchased from Maneka Rs 31,250.
(vi) Goods purchased from Maneka on credit Rs 12,500.
(vii) Goods purchased from Maneka Rs 55,000.
(viii)  Goods purchased on credit Rs 24,000.
(ix) Goods purchased from Maneka on account Rs 25,600.

 

The solution of Question No 09 Chapter No 5: –

 

In the Books of Sushma
S.no Particulars
L.F. Debit Credit
(i) Purchases A/c Dr.   35,250  
  To Cash A/c       35,250
  (Being goods purchases for cash .)      
         
(ii) Purchases A/c Dr.   45,300  
  To Cash A/c       45,300
  (Being goods purchases for cash .)      
           
(iii) Purchases A/c Dr.   10,000  
  To Cash A/c     10,000
  (Being goods purchases for cash .)      
         
(iv) Purchases A/c Dr.   18,350  
  To Casjh A/c     18,350
  (Being goods purchases for cash .)      
         
(v) Purchases A/c Dr.   31,250  
  To Maneka A/c     31,250
  (Being goods purchases on credit)      
         
(vi) Purchases A/c Dr.   24,000  
  To Maneka A/c     24,000
  (Being goods purchases on credit)      
         
(vii) Purchases A/c Dr.   55,000  
  To Maneka A/c     55,000
  (Being goods purchases on credit)      
         
(viii) Purchases A/c Dr.   24,600  
  To Creditor A/c       24,600
  (Being goods purchases on credit)      
         
(ix) Purchases A/c Dr.   25,600  
  To Maneka A/c     25,600
  (Being goods purchases on credit)      
         

 

How to make Journal Entries in Accounting – Explanation

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

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Vouchers and transactions

Chapter No. 4 – Journal

Chapter No. 5 – Ledger

Chapter No. 6 – Cash Book

Chapter No. 7 – Other Subsidiary Books

Chapter No. 8 – Journal Proper

Chapter No. 9 – Trial Balance 

Chapter No. 10 – Bank Reconciliation Statement

Chapter No. 11 – Depreciation

Chapter No. 12 – Provisions and Reserves 

Chapter No. 13 – Bills of Exchange

Chapter No. 14 – Rectification of Errors 

Chapter No. 15 – Financial Statements – (Without Adjustments)

Chapter No. 16 – Financial Statements – (With Adjustments)

 

 

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