Question No 2 Chapter No 9 – Unimax Class 11

Question-2-Chapter-No-09-Unimax-Class-11

Question No 2 Chapter No 11 

Free Accounting book Solution - Class 11 and Class 12

Journalise the following transactions in the books of Aggarwal & sons, Kolkata, 1st January 2020. Cash ₹ 2,400; X ₹ 2,400; Y ₹ 3,600; Z ₹ 3,600. Creditors. P ₹ 3,600; Q ₹ 6,000.

2020  
Jan.1 Goods sold to Mr. Red 1,800
Jan.1 Goods sold to Mr. White 1,200
Jan.1 Goods sold to Mr. Blue 1,800
Jan.5 Cash paid for Mr. Q 1,200
Jan.15 Cash received from Mr. Y in full settlement 3,420
Jan.16 Paid for charity 300
Jan.16 Paid for stationery  420
Jan.16 Paid to pages 180
Jan.20 Cash paid to Mr. P 16,80
  And he allowed us discount 120
Jan.21 Goods sold to Mr. sky 4,200
Jan.25 Goods sold to Mr. earth after allowed him trade discount 10% 270
Jan.27 Cash received from Mr. sky in full settlement of his account 4,020
Jan.28 Allowed interest on capital @ 5% p.a. for one month  
Jan.31 Paid for salaries  300
Jan.31 Paid for rent 600
Jan.31 Closing stock 6,000

The solution of Question No 2 Chapter No 9 – Unimax Class 11

Journal

Date Particulars   L.F. Debit Credit
2020          
Jan.1 Cash A/c Dr.   12,000  
  Furniture A/c Dr.   2,400  
  W’s A/c Dr.   2,400  
  Building A/c Dr.   36,000  
  X’s A/c Dr.   2,400  
  Y’s A/c Dr.   3,600  
  Z’s A/c Dr.   3,600  
  To P’s A/c       3,600
  To Q’s A/c       6,000
  To Capital A/c       52,800
  (Being opening entry made)        
Jan.1 Mr. Red’s A/c Dr.   1,800  
  To Sales A/c       1,800
  (Being goods sold to Mr. Red)        
Jan.1 Mr. White’s A/c Dr.   1,200  
  To Sales A/c       1,200
  (Being goods sold to Mr. White)        
Jan.1 Mr. Blue’s A/c Dr.   1,800  
  To Sales A/c       1,800
  (Being goods sold to Mr. Blue)        
Jan.5 Mr. Q’s A/c Dr.   1,200  
  To Cash A/c       1,200
  (Being cash paid to Mr. Q)        
Jan.15 Cash A/c Dr.   3,420  
  Discount A/c Dr.   180  
  To Mr. T’s A/c       3,600
  (Being cash received from Mr. Y and discount allowed)        
Jan.16 Charity A/c Dr.   300  
  To Cash A/c       300
  (Being paid for charity)         
Jan.16 Stationery A/c Dr.   420  
  Postage Dr.   180  
  To Cash A/c       600
  (Being paid for stationery postages)        
Jan.20 Mr. P’s A/c Dr.   1,800  
  To Cash A/c       1,680
  To Discount A/c       120
  (Being cash paid to Mr. P and received)        
Jan.21 Mr. sky’ A/c Dr.   4,200  
  To Sales A/c       4,200
  (Being goods sold to Mr. sky)        
Jan.25 Mr. Earth A/c Dr.   243  
  To Sales A/c       243
  (Being goods sold to Mr. Earth)        
Jan.27 Cash A/c Dr.   4,020  
  Discount A/c Dr.   180  
  To Mr. Sky’s A/c       4,200
  (Being cash received from Mr. Sky and discount allowed)        
Jan.28 Interest on capital A/c Dr.   2,240  
  To Capita A/c       2,240
  (Being allowed interest on capital)        
Jan.31 Salaries A/c Dr.   300  
  Rent A/c Dr.   600  
  To cash A/c       900
  (Being salaries and rent paid)        

 

            Cash A/c        
Date Particular J.F. Amount Date Particular J.F. Amount
Jan.1 To balance b/d   12,000 Jan.5 By Mr. Q’s A/c   1,200
Jan. 15 To Mr. Y’s A/c   3,420 Jan.16 By Charity A/c   300
Jan.27 To Mr. Sky’s A/c   4,020 Jan.16 By Stationery A/c   420
        Jan.16 By Postage A/c   180
        Jan.20 By Mr. P’s A/c   1,680
        Jan.31 By salaries A/c   300
        Jan.31 By Rent A/c   600
        Jan.31 By Balance c/d   14,760
      19,440       19,440
Feb.1 To Balance b/d   14,760        

 

Dr. Furniture A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Balance b/d   2,400        
               
      2,400        

 

Dr. W’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Balance b/d   2,400        
               
      2,400        

 

Dr. Building A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Balance b/d   3,600        
               
      3,600        

 

Dr. X’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Balance b/d   2,400        
               
      2,400        

 

Dr. Y’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Balance b/d   3,600 Jan.15 By Cash A/c   3,420
        Jan.15 By Discount Allowed A/c   180
               
      3,600       3,600

 

Dr. Z’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Balance b/d   3,600        
               
      3,600        

 

 

Dr. P’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.20 To Cash A/c   1,680 Jan.1 By Balance b/d   3,600
Jan.20 To Discount received A/c   120        
Jan.31 To Balance c/d   1,800        
               
      3,600       3,600
        Feb.1 By Balance b/d   3,600

 

Dr. Q’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.5 To Cash A/c   1,200 Jan.1 By Balance b/d   6,000
Jan.31 To Balance c/d   4,800        
               
      6,000       6,000

 

Dr. Capital A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.31 To Balance c/d   55,040 Jan.1 By Balance b/d   52,800
        Jan.28 By interest on capital A/c   2,240
               
      55,040       55,040
        Feb.1 By Balance b/d   55,040

 

Dr. Mr. Red’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Sales A/c   1,800 Jan.31 By Balance c/d   1,800
               
      1,800       1,800
Feb.1 To Balance b/d   1,800        

 

Dr. Sales A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.31 To Balance c/d   9,243 Jan.1 By Mr. Red’s A/c   1,800
        Jan.1 By Mr. White’s A/c   1,200
        Jan.1 By Mr. Blue’s A/c   1,800
        Jan.21 By Mr. Sky’s A/c   4,200
        Jan.25 By Mr. earth’s A/c   243
               
      9,243       9,243
        Feb.1 By Balance b/d   9,243

 

Dr. Mr. white’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Sales A/c   1,200 Jan.31 By Balance c/d   1,200
               
      1,200       1,200
Feb.1 To Balance b/d   1,200        

 

Dr. Mr. Blue’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.1 To Sales A/c   1,800 Jan.31 By Balance c/d   1,800
               
      1,800       1,800
Feb.1 To Balance b/d   1,800        

 

Dr. Discount allowed A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.15 To Mr. Y’s A/c   180 Jan.31 By Balance c/d   360
Jan.27 To Mr. Sky’s A/c   180        
               
      360       360
Feb.1 To Balance b/d   360        

 

Dr. Charity A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.16 To Cash A/c   300 Jan.31 By Balance c/d   300
               
      300       300
Feb.1 To Balance b/d   300        
Dr. Stationery A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.16 To Cash A/c   420 Jan.31 By Balance c/d   420
               
      420       420
Feb.1 To Balance b/d   420        
Dr. Postage A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.16 To Cash A/c   180 Jan.31 By Balance c/d   180
               
      180       180
Feb.1 To Balance b/d   180        
Dr. Discount received A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.31 To Balance c/d   120 Jan.20 By Mr. P’s A/c   120
               
      120       120
        Feb.1 By Balance b/d   120
Dr. Mr. Sky’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.21 To Sales A/c   4,200 Jan.27 By Cash A/c   4,020
        Jan.27 By Discount allowed A/c   180
               
      4,200       4,200

 

Dr. Mr. Earth’s A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.25 To Sales A/c   243 Jan.31 By Balance c/d   243
               
      243       243
Feb.1 To Balance b/d   243        
Dr. Interest on capital A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.25 To Capital A/c   2,240 Jan.31 By Balance c/d   2,240
               
      2,240       2,240
Feb.1 To Balance b/d   2,240        
Dr. Sales A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.31 To Cash A/c   300 Jan.31 By Balance c/d   300
               
      300       300
Feb.1 To Balance b/d   300        
Dr. Rent A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
Jan.31 To Cash A/c   600 Jan.31 By Balance c/d   600
               
      600       600
Feb.1 To Balance b/d   600        
                                                      Trail Balance A/c      
S. No. Name of A/c L.F. Debit Credit
1 Cash A/c   14,760  
2 Furniture A/c   2,400  
3 W’s A/c   2,400  
4 Building A/c   36,000  
5 X’s A/c   2,400  
6 Z’s A/c   3,600  
7 P’s A/c     1,800
8 Q’s A/c     4,800
9 Capital A/c     55,040
10 Mr. Red’s A/c   1,800  
11 Salaries A/c     9,243
12 Mr. White A/c   1,200  
13 Mr. Blue A/c   1,800  
14 Discount allowed A/c   360  
15 Charity A/c   300  
16 Stationery A/c   420  
17 Postage A/c   180  
18 Discount received A/c     120
19 Mr. Earth A/c   243  
20 Interest on capital A/c   2,240  
21 Salaries A/c   300  
22 Rent A/c   600  
  Total   71,003 71,003

Read out the full article to know the meaning of Cash Book

Trial Balance | Explanation | Methods | Examples

Also, Check out the same article in Hindi from the following link

Trial Balance | Explanation | Methods | Examples

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

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

Students may choose only one part from the Part II and Part III

Part-II

  • Chapter No. 15 – Financial Statements (Without Adjustments)
  • Chapter No. 16 – Financial Statements (With Adjustments)
  • Chapter No. 17 – Accounts from Incomplete Records –  Single Entry System

Part-III

  • Chapter No. 18 – Introduction to Computers and Accounting information System
  • Chapter No. 19 – Computerised Accounting
  • Chapter No. 20 – Accounting Software: Tally 
  • Chapter No. 21 – Data Base System
  • Chapter No. 22 – Concept of Entity and Relationship 

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