Question No 16 Chapter No 7 – USHA Publication 11 Class

Question No 16 Chapter No 7

Question No 16 Chapter No 7

16. The following Cash Account is prepared by non-commerce students. You are required to check the entries made in this account and find out the revised balance.

Date Particular L.F Amount Date Particular L.F Amount
2018     Rs  2018     Rs
Jan. 8 To Ashok ( cash purchase)   1,800 Jan. 1 By Balance b/d   10,000
Jan. 15 To Sunil (Credit sale)   1,000 Jan. 2 By Sale A/c ( cash)   3,000
Jan. 18 To Machinery A/c   900 Jan. 6 By Anil   1,500
  (machinery repaired       (commission paid )    
Jan. 20 To Interest A/c   2,500        
  (interest received )            
Jan. 31 To Balance c/d   8,300        
      14,500       14,500

 

The solution of Question No 16 Chapter No 7: –

 

 

Dr. Cash A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2018       2018      
Jan. 1 To Balance b/d   10,000 Jan. 6 By Commission A/c   1,500
Jan. 2 To Sale A/c   3,000 Jan. 8 By Purchases A/c   1,800
Jan. 20 To Interest A/c   2,500 Jan. 18 By Repair to Machinery A/c   900
        Jan. 31 By Balance c/d   11,300
      15,500       15,500

 

What is Ledger in accounting – explain its Types

Thanks, Please Like and share with your friends  

Comment if you have any question.

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

 

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

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)

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *