Question No 19 Chapter No 5
19. Journalese the following transactions in the book of Suhasi :
2019 | |
Feb. 1 | Purchased goods from Karuna Rs 25,000 |
Feb. 4 | Purchased one table Rs 10,000, 6 office chair of Rs 1,500 each and one revolving chair Rs 8,000 |
Feb. 10 | Purchased 200 shares of Canara bank at the rate of Rs 390 per share |
Feb. 14 | Purchased one calculator Rs 1,000, one printer Rs 12,000 and one-note counting machine Rs 45,000 |
Feb. 17 | Purchased one Godrej almirah Rs 14,000 and cash box Rs 6,000 |
Feb. 19 | Sold machinery wroth Rs 18,000 at book value counting |
Feb. 24 | Sold 100 share to Tata Chemicals @ Rs 750 per share |
Feb. 25 | Sold old Furniture wroth Rs 9,000 to Manoj without any profit or loss |
The solution of Question No 19 Chapter No 5: –
In the Books of Suhasi | |||||
Date | Particulars |
L.F. | Debit | Credit | |
2019 | |||||
Feb.1 | Purchases A/c | Dr. | 25,000 | ||
To Karuna A/c | 25,000 | ||||
(Being bought goods from Karuna.) | |||||
Feb.4 | Furniture A/c | Dr. | 27,000 | ||
To Cash A/c | 27,000 | ||||
(Being bought table, office chair and revolving chair .) | |||||
Feb.10 | Investment A/c | Dr. | 78,000 | ||
To Cash A/c | 78,000 | ||||
(Being bought share of Canara Bank) | |||||
Feb.14 | Fixtures A/c | Dr. | 58,000 | ||
To Cash A/c | 58,000 | ||||
(Being bought a calculate , printer and note counting machine) | |||||
Feb.17 | Fixtures A/c | Dr. | 20,000 | ||
To Cash A/c | 20,000 | ||||
(Being bought almirah and cash box.) | |||||
Feb.19 | Cash A/c | Dr. | 18,000 | ||
To Machinery A/c | 18,000 | ||||
(Being Sold machinery.) | |||||
Feb.24 | Cash A/c | Dr. | 75,000 | ||
To Investment A/c | 75,000 | ||||
(Being Sold 100 Shares .) | |||||
Feb.25 | Manoj A/c | Dr. | 9,000 | ||
To Furniture A/c | 9,000 | ||||
(Being Sold furniture to Manoj.) | |||||
How to make Journal Entries in Accounting – Explanation
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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
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Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
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Chapter No. 12 – Bank Reconciliation Statement
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)
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