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Question No 1 Chapter No 9 – Unimax Class 11

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

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Question No 1 Chapter No 09 – Unimax Class 11

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

  
Jan.1Started business with cash80,000
Jan.3Bought goods for cash25,000
Jan.5Sold goods for cash10,500
Jan.7Bought goods for cash12,000
Jan.10Paid wages700
Jan.13Sold goods for cash5,000
Jan.15Sold goods to Rash meet1,500
Jan.16Bought goods on credit from Mukesh7,500
Jan.18Returned goods to Mukesh worth800
Jan.21Sold goods for cash3,500
Jan.23Paid electricity bill500
Jan.24Paid wages1,000
Jan.27Cash sales2,500
Jan.28Paid for advertisement900
Jan.30Paid rent100
Jan.31Paid wages1,000

The solution of Question No 01 Chapter No 9: –

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

Ledger A/c

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

 

Dr.Capital A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.31To Balance c/d 45,000Jan.1By Cash A/c 45,000
        
   45,000   45,000
    Feb.1By Balance b/d 45,000

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

 

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

 

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

 

Dr.Rash meet A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.15To Sales A/c 1,500Jan.31By Balance c/d 1,500
        
   1,500   1,500
Feb.1To Balance b/d 1,500    

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

 

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

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Dr.Electricity bill A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.23To Cash A/c 500Jan.31By Balance c/d 500
        
   500   500
Feb.1To Balance b/d 500    

 

Dr.Rent A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.30To Cash A/c 100Jan.31By Balance c/d 100
        
   100   100
Feb.1To Balance b/d 100    

 

                                 Trail Balance A/c   
S. No.Name of A/cL.F.DebitCredit
1Cash A/c 25,300 
2Capital A/c  45,000
3Purchases A/c 44,500 
4Sales A/c  23,000
5Wages A/c 2,700 
6Rash meet A/c 1,500 
7Mukesh A/c  6,700
8Purchases return A/c  800
9Electricity bill A/c 500 
10Advertisement A/c 900 
11Rent A/c 100 
 Total 75,50075,500

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

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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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