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Question No 19 Chapter No 5 – USHA Publication 11 Class

Question No 19 Chapter No 5
Q-19 - CH-5 - USHA +1 Book 2020 - Solution-

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Question No 19 Chapter No 5

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19. Journalese the following transactions in the book of Suhasi :

2019 
Feb. 1Purchased goods from Karuna Rs 25,000
Feb. 4Purchased one table Rs 10,000, 6 office chair of Rs 1,500 each and one revolving chair Rs 8,000
Feb. 10Purchased 200 shares of Canara bank at the rate of Rs 390 per share
Feb. 14Purchased one calculator Rs 1,000, one printer Rs 12,000 and one-note counting machine Rs 45,000
Feb. 17Purchased one Godrej almirah Rs 14,000 and cash box Rs 6,000
Feb. 19Sold machinery wroth Rs 18,000 at book value counting
Feb. 24Sold 100 share to Tata Chemicals @ Rs 750 per share
Feb. 25Sold 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
DateParticulars
L.F.DebitCredit
2019     
Feb.1Purchases A/cDr. 25,000 
 To Karuna A/c   25,000
 (Being bought goods from Karuna.)   
     
Feb.4Furniture A/cDr. 27,000 
 To Cash A/c   27,000
 (Being bought table, office chair and revolving chair .)   
      
Feb.10Investment A/cDr. 78,000 
 To Cash A/c  78,000
 (Being bought share of Canara Bank)   
     
Feb.14Fixtures A/cDr. 58,000 
 To Cash A/c  58,000
 (Being bought a calculate , printer and note counting machine)   
     
Feb.17Fixtures A/cDr. 20,000 
 To Cash A/c  20,000
 (Being bought almirah and cash box.)   
     
Feb.19Cash A/cDr. 18,000 
 To Machinery A/c  18,000
 (Being Sold machinery.)   
     
Feb.24Cash A/cDr. 75,000 
 To Investment A/c  75,000
 (Being Sold 100 Shares .)   
     
Feb.25Manoj A/cDr. 9,000 
 To Furniture A/c  9,000
 (Being Sold furniture to Manoj.)   
     

 

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How to make Journal Entries in Accounting – Explanation

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

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

Chapter No. 1 – Introduction

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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. 5 – Journal

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

Chapter No. 7 – Ledger

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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

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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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