Question No 19 Chapter No 5 – USHA Publication 11 Class

Question No 19 Chapter No 5

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

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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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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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