Question No 11 Chapter No 5 – USHA Publication 11 Class

Question No 11 Chapter No 5

Question No 11 Chapter No 5

11. Journalese the following transactions in the books of Bajaj:

Mar. 1 Commenced business with cash Rs 1,00,000
Mar. 4  Purchased goods for cash Rs 85,000
Mar. 7 Sold goods for cash Rs 12,000
Mar. 12 Sold goods on credit to Ambani Rs 16,000
Mar. 20 Sold goods Rs 9,000
Mar.22 Sold goods on credit Rs 14,400
Mar. 24 Cash sale Rs 7,700

 

The solution of Question No 11 Chapter No 5: –

 

In the Books of Sushma
Date Particulars
L.F. Debit Credit
Mar.1 Cash A/c Dr.   1,00,000  
  To Capital A/c       1,00,000
  (Being goods purchases for cash .)      
         
Mar.4 Purchases A/c Dr.   85,000  
  To Cash A/c       85,000
  (Being goods purchases for cash .)      
           
Mar.7 Cash A/c Dr.   16,000  
  To Sale A/c     16,000
  (Being goods Sold for Cash.)      
         
Mar.16 Singhania A/c Dr.   13,500  
  To Sale A/c     13,500
  (Being goods Sold on credit)      
         
Mar.20 Cash A/c Dr.   9,000  
  To Sale A/c     9,000
  (Being goods Sold on Cash)      
         
Mar.22 Debtors A/c Dr.   14,400  
  To Cash A/c     14,400
  (Being goods Sold on credit)      
         
Mar.24 Cash A/c Dr.   7,700  
  To Sale A/c     7,700
  (Being goods Sold on Cash)      
         

 

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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