Question No 1 Chapter No 9 – Unimax Class 11

Question-No-1-Chapter-No-9-Unimax-Class-11

Question No 1 Chapter No 09 – Unimax Class 11

Free Accounting book Solution - Class 11 and Class 12

Enter the following transactions in the ledger of Mr. Suresh and prepare a trial balance as on January, 2020

   
Jan.1 Started business with cash 80,000
Jan.3 Bought goods for cash 25,000
Jan.5 Sold goods for cash 10,500
Jan.7 Bought goods for cash 12,000
Jan.10 Paid wages 700
Jan.13 Sold goods for cash 5,000
Jan.15 Sold goods to Rash meet 1,500
Jan.16 Bought goods on credit from Mukesh 7,500
Jan.18 Returned goods to Mukesh worth 800
Jan.21 Sold goods for cash 3,500
Jan.23 Paid electricity bill 500
Jan.24 Paid wages 1,000
Jan.27 Cash sales 2,500
Jan.28 Paid for advertisement 900
Jan.30 Paid rent 100
Jan.31 Paid wages 1,000

The solution of Question No 01 Chapter No 9: –

        Journal        
Date Particulars   L.F. Debit Credit
2020          
Jan.1 Cash A/c Dr.   45,000  
  To Capital A/c       45,000
  (Being started business with cash)        
Jan.3 Purchases A/c Dr.   25,000  
  To Cash A/c       25,000
  (Being goods purchases for cash)        
Jan.5 Cash A/c Dr.   10,500  
  To Sales A/c       10,500
  (Being goods sold for cash)        
Jan.7 Purchases A/c Dr.   12,000  
  To cash A/c       12,000
  (Being purchases goods for cash)        
Jan.10 wages A/c Dr.   700  
  To Cash A/c       700
  (Being wages paid)        
Jan.13 Cash A/c Dr.   5,000  
  To Sales A/c       5,000
  (Being goods sales for cash)        
Jan.15 Rash meet A/c Dr.   1,500  
  To Sales A/c       1,500
  (Being goods sold to Rash meet)         
Jan.16 Purchases A/c Dr.   7,500  
  To Mukesh’s A/c       7,500
  (Being goods purchases from Mukesh)        
Jan.18 Mukesh A/c Dr.   800  
  To Purchases A/c       800
  (Being goods returned to Mukesh)        
Jan.21 Cash A/c Dr.   3,500  
  To Sales A/c       3,500
  (Being goods sold for cash)        
Jan.23 Electricity bill A/c Dr.   500  
  To cash A/c       500
  (Being wages paid)        
Jan.24 Wages A/c Dr.   1,000  
  To Cash A/c       1,000
  (Being wages paid)        
Jan.27 Cash A/c Dr.   2,500  
  To Sales A/c       2,500
  (Being cash sales)        
Jan.28 Advertisement A/c Dr.   900  
  To Cash A/c       900
  (Being cash paid for advertisement)        
Jan.30 Rent A/c Dr.   100  
  To Cash A/c       100
  (Being rent paid)        
Jan.31 Wages A/c Dr.   1,000  
  To cash A/c       1,00
  (Being wages paid)        

Ledger A/c

Dr. Cash A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Capital A/c   45,000 Jan.3 By Purchases A/c   25,000
Jan. 5 To Sales A/c   10,500 Jan.7 By Purchases A/c   12,000
Jan.13 To Sales A/c   5,000 Jan.10 By Wages A/c   700
Jan.21 To Sales A/c   3,500 Jan.32 By Electricity A/c   500
Jan.27 To Sales A/c   2,500 Jan.24 By Wages A/c   1,000
        Jan.28 By Advertisement A/c   900
        Jan.30 By Rent A/c   100
        Jan.30 By Wages A/c   1,000
        Jan.31 By Balance c/d   25,300
      66,500       66,500
Feb.1 To Balance b/d   25,300        

 

Dr. Capital A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.31 To Balance c/d   45,000 Jan.1 By Cash A/c   45,000
               
      45,000       45,000
        Feb.1 By Balance b/d   45,000

 

Dr. Purchases A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.3 To Cash A/c   25,000 Jan.31 By Balance c/d   44,500
Jan.7 To Cash A/c   12,000        
12,000 To Mukesh’s A/c   7,500        
      44,500       44,500
Feb.1 To Balance b/d   44,500        

 

Dr. Sales A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.31 To Balance c/d   23,000 Jan.5 By Cash A/c   10,500
        Jan.13 By Cash A/c   5,000
        Jan.15 By Rash meet A/c   1,500
        Jan.21 By Cash A/c   3,500
        Jan.27 By Cash A/c   2,500
               
      23,000       23,000
        Feb.1 By Balance b/d   23,000

 

Dr. Cash A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.10 To Cash A/c   700 Jan.31 By Balance c/d   2,700
Jan.24 To Cash A/c   1,000        
Jan.31 To Cash A/c   1,000        
               
      2,700       2,700
Feb.1 To Balance b/d   2,700        

 

Dr. Rash meet A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.15 To Sales A/c   1,500 Jan.31 By Balance c/d   1,500
               
      1,500       1,500
Feb.1 To Balance b/d   1,500        

 

Dr. Mukesh’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.18 To Purchases return A/c   800 Jan.16 By Purchases A/c   7,500
Jan.31 To Balance c/d   6,700        
               
      7,500       7,500
        Feb.1 By Balance b/d   6,700

 

Dr. Purchases return A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.31 To Balance c/d   800 Jan.18 By Mukesh’s A/c   800
               
      800       800
        Feb.1 By Balance b/d   800

 

Dr. Electricity bill A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.23 To Cash A/c   500 Jan.31 By Balance c/d   500
               
      500       500
Feb.1 To Balance b/d   500        

 

Dr. Rent A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.30 To Cash A/c   100 Jan.31 By Balance c/d   100
               
      100       100
Feb.1 To Balance b/d   100        

 

                                  Trail Balance A/c      
S. No. Name of A/c L.F. Debit Credit
1 Cash A/c   25,300  
2 Capital A/c     45,000
3 Purchases A/c   44,500  
4 Sales A/c     23,000
5 Wages A/c   2,700  
6 Rash meet A/c   1,500  
7 Mukesh A/c     6,700
8 Purchases return A/c     800
9 Electricity bill A/c   500  
10 Advertisement A/c   900  
11 Rent A/c   100  
  Total   75,500 75,500

Read out the full article to know the meaning of Cash Book

Trial Balance | Explanation | Methods | Examples

Also, Check out the same article in Hindi from the following link

Trial Balance | Explanation | Methods | Examples

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

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

Students may choose only one part from the Part II and Part III

Part-II

  • Chapter No. 15 – Financial Statements (Without Adjustments)
  • Chapter No. 16 – Financial Statements (With Adjustments)
  • Chapter No. 17 – Accounts from Incomplete Records –  Single Entry System

Part-III

  • Chapter No. 18 – Introduction to Computers and Accounting information System
  • Chapter No. 19 – Computerised Accounting
  • Chapter No. 20 – Accounting Software: Tally 
  • Chapter No. 21 – Data Base System
  • Chapter No. 22 – Concept of Entity and Relationship 

                                     

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