Question 1

Question No 01 Chapter No 5 - D.K Goal Class 11

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Question No 01 Chapter No 5
Q.1 Enter the following transaction in the Journal of Manohar Lal & Sons

2019
 
Rs

Mar-01
Manohar Lal & Sons started business with cash
60,000

Mar-02
Purchased furniture for cash 
10,000

Mar-04
Purchased goods for cash 
25,000

Mar-05
Bought goods from Kamlesh 
15,000

Mar-06
Sold goods for cash
36,000

Mar-08
Sold goods to Hari
30,000

Mar-10
Paid cash to Kamlesh 
15,000

Mar-14
Received cash from Har
18,000

Mar-16
Purchased goods from Sohan

Question 2

Question No 02 Chapter No 5 - D.K Goal Class 11

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Question No 02 Chapter No 5
Q.2 Enter the following transaction in the Journal of Sahil Bros:

2018
 
Rs

Oct-01
Purchased goods from Anil for Cash
40,000

Oct-03
Purchased goods from Atul
75,000

Oct-06
Returned goods to Atul
3,000

Oct-08
Paid cash to Atul
50,000

Oct-10
Sold goods to Charu
1,00,0000

Oct-12
Charu returned 20% of goods

Oct-15
Paid rent
2,000

Oct-20
Sahil withdrew for personal use
10,000

The solution of Question No 02 Chapter No 5: -
In the Books of S.S. Ray

Question 3

Question No 03 Chapter No 5 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 03 Chapter No 5
Q.3 Enter the following transaction in the journal of Ganesh bros:

2017

Mar.3
Sold goods to Dev
1,00,000

Mar.5
Received from Dev in full settlement of his account
98,000

Mar.6
Sold goods to Manmohan
80,000

Mar.8
Manmohan returned goods
1,000

Mar.15
Received from Manmohan in full settlement of his account
78,200

Mar.16
Received cash from Ram 
19,500

and discount allowed
500

Mar.20
Paid cash to Pawan
4,700

and discount received from him
300

Question 4

Question No 04 Chapter No 5 - D.K Goal Class 11

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Question No 04 Chapter No 5
Q.4 Enter the following transaction in the book of Hari Shankar & Co. from the following:

2020
 
Rs

Apr.1
Commission business with cash 
50,000

Apr.2
Purchased goods from Subhash
20,000

Apr.4
Sold goods to Ramnath
15,000

Apr.6
Ramnath returned defective goods
1,000

Apr.10
Received cash from Ramnath and
13,800

Discount allowed
200

Apr.12
Gopal sold goods to us
10,000

Apr.14
Paid to Gopal in full settlement of his account after deducting 5% dis

Question 5

Question No 05 Chapter No 5 - D.K Goal Class 11

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Question No 05 Chapter No 5
05. Enter the following transaction in the Journal of Marutinandan Stores:

2020

Jan.10
Purchased goods from Ghanshyam of the list price of 50,000 at 15% trade discount.

Jan.13
Returned goods to Ghanshyam of the list price of 2,000.

Jan.15
Paid cash to Ghanshyam 40,000 in full settlement of his account.

Jan.20
Purchased goods from Raghu of the list price of 60,000 at 10% trade discount

Jan.22
Returned goods to Raghu of the list price of 5,000

Jan.25
P

Question 6

Question No 06 Chapter No 5 - D.K Goal Class 11

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Question No 06 Chapter No 5
06.Pass Journal Entries for the following transactions:

2020

Jan.6
Sold goods to Muskan of the list price of 2,00,000 at trade discount of 20%

Jan.8
Muskan returned goods of the list price of 5,000

Jan.15
Received from Muskan the full payment under a cash discount of 4%.

The solution of Question No 06 Chapter No 5: -
In the Books of Hari Shankar & Co

Date
Particulars
L.F.
Debit
Credit

2019

Jan.6
Muskan’s A/c
Dr.
 
1,60,000

Question 7

Question No 07 Chapter No 5 - D.K Goal Class 11

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Question No 07 Chapter No 5
07. Give Journal Entries for the following transactions in the books of Raja Ram & Co. :

2020

Mar.3
Bought goods for cash of the list price of 80,000 at 10% trade discount and 2 1/2 % cash discount.

Mar.5
Sold goods for cash of the list price of 1,00,000 at 15% trade discount and 3% cash discount.

Mar.6
Sold goods to Nagpal of the list price of 50,000 at 20% trade discount

Mar.8
Nagpal returned one-fourth of the above goods.

Mar.10
Nagpal settled t

Question 8

Question No 08 Chapter No 5 - D.K Goal Class 11

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Question No 08 Chapter No 5
08. Pass Journal entries in the books of Raghunath Bros. from the following transactions:-

2016

Jun.1
Raghunath Bros. started the business with cash 80,000; Goods 40,000 and furniture 20,000.

Jun.2
Sold goods to Nandlal of the list price of 20,000 at a trade discount of 10%.

Jun.4
Nandlal returned goods of the list price of 4,000.

Jun.8
Received from Nandlal 14,150 in full settlement of his account.

Jun.10
Purchased goods from Brij Mohan of the list pr

Question 9

Question No 09 Chapter No 5 - D.K Goal Class 11

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Question No 09 Chapter No 5
09. Pass journal entries for the following:

2019

Jan.6
Purchased goods from Henry for 50,000 on 10% trade discount and 4% cash discount and paid 60% amount by cheque.

Jan.15
Bought goods from Amit for 2,00,000 at terms 5% cash discount and 20% trade discount. Paid 3/4th of the amount in cash at the time of purchase.

Jan.18
Sold goods to Sherpa at the list price of 50,000 less 20% trade discount and 4% cash discount if the payment is made within 7 days. 75%

Question 10

Question No 10 Chapter No 5 - D.K Goal Class 11

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Question No 10 Chapter No 5
10. Journalise the following transactions in the books of Dixit & Sons. :

2018

Mar.2
Sold goods to Dilip of the list price of 62,000 for 60,000.

Mar.16
Purchased goods costing 2,00,000 from Hari & Co. Paid 75% immediately by cheque to avail 4% discount.

Mar.20
Sold goods to Vishal Traders costing 40,000 at 25% profit, allowing 10% trade discount and 10% cash discount. Received 80% payment immediately by cheque.

Mar.26
Sold goods to Brij &amp

Question 11

Question No 11 Chapter No 5 - D.K Goal Class 11

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Question No 11 Chapter No 5
11. Journalise the following transactions

2018
 
Rs

Jan.1
Paid into the bank for opening a Current Account
10,000

Jan.3
Goods sold for 50,000 and the amount was deposited into the bank

Jan.7
Amount is withdrawn from the bank
20,000

Jan.10
Goods sold for Cash
15,000

Jan.12
Amount deposited into bank
12,000

Jan.14
Goods purchased and payment made by cheque.
25,000

The solution of Question No 11 Chapter No 5: -
In the Books of Hari S

Question 12

Question No 12(A) Chapter No 5 - D.K Goal Class 11

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Question No 12(A) Chapter No 5
12(A). Following balances appeared in the books of Radhika Traders as on 1st April, 2017:− Assets: Cash 8,000; Cash at Bank 7,000; Stock 30,000; Debtors : 36,000 Mohan 10, 000;Sohan 12, 000; Dinesh 14, 000 ; Furniture 5,000; Building 25,000. Liabilities: Creditors− X 5,000; Y 6,000. In April 2017, the following transaction took place:

2018
 
Rs

Apr.2
Bought goods of the list price of 6,000 from Khanna Brothers less 15% trade discount and 2% cash discount and

Question 13

Question No 12(B) Chapter No 5 - D.K Goal Class 11

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Question No 12(B) Chapter No 5
12. (B) Following was the position of Harish & Co. as on 1st April, 2017 :− Cash in Hand 10,000; Cash at Bank 16,800; Furniture 8,000; Stock 50,000; Debtors− Ram 8,000; Shyam 12,000; Creditors− Anil 4,000; Sunil 5,000. Following transactions took place during April 2018:−

2018

Apr.2
Received a cheque from Ram in full settlement of his account after deducting a 5% cash discount.

Apr.4
Deposited the above cheque into Bank

Apr.5
Goods purchased for 20,

Question 14

Question No 13 Chapter No 5 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 13 Chapter No 5
13. Pass Journal Entries for the following transactions:−

1
Provide depreciation on Furniture 500 and on Machinery 2,000

2
Received cash 1,000 for bad-debts written off last year.

3
Ajay Singh was declared bankrupt. He owed 2,500 to us. Nothing could be recovered from his estate.

4
20,000 for wages and 4,000 for salaries are outstanding.

5
Purchased furniture for 6,000 for the proprietor and paid the amount by cheque

6
Provide 9% interest on capital amou

Question 15

Question No 14 Chapter No 5 - D.K Goal Class 11

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Question No 14 Chapter No 5
14. Pass journal entries for the following:

Jan. 5
Purchased goods for Cash 10,000 and spent 200 for their carriage.

Jan. 10
Purchased machinery for Cash 50,000 and spent 500 for its carriage

Jan. 15
Paid 20,000 for cement, 10,000 for timber and 5,000 as wages for the construction of the building.

Jan. 17
Purchased old machinery for 20,000 and spent 2,500 on its immediate repairs.

Jan. 20
Paid 500 for repairing some other machinery.

The solution of Qu

Question 16

Question No 15 Chapter No 5 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 15 Chapter No 5
15.Enter the following transactions in the Journal of Arun Govil & Co. :

Jun. 1
Arun Govil & Co. paid into the bank as capital 6,00,000.

Jun. 3
Purchased goods from Mukesh of the list price of 2,00,000 at a 10% trade discount

Jun. 4
One-fourth of the above goods returned to Mukesh for not being up to specifications.

Jun. 6
Issued a cheque to Mukesh for the amount due to him after deducting 2% as cash discount

Jun. 7
Withdrew from bank 2,50,000 for

Question 17

Question No 16 Chapter No 5 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 16 Chapter No 5
16. Journalise the following transactions of Raj Kumar Traders, timber merchants:-

1
Purchased timber from Kuldeep Kumar, for cash 2,000 and credit 10,000.

2
Paid to Kuldeep Kumar in full settlement of his account 9,950.

3
Paid rent in advance 10,000.

4
Purchased machinery for 1,00,000 by cheque and carriage 2,000 and installation charges 1,000 paid in Cash.

5
Purchased goods for 50,000 from Govind and sold it to Manohar for 65,000.

The solution of

Question 18

Question No 17 Chapter No 5 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 17 Chapter No 5
17.Pass Journal entries for the following transactions:−

1
Purchased Machinery for 20,000 and paid 200 for its carriage.

2
Received a cheque for 4,850 from X in full settlement of his account of 5,000. The cheque was immediately deposited into bank.

3
Received by cheque a first and final payment of 60 paise in a from Y who owed us 10,000.

4
Sold goods to Z for 10,000 at a trade discount of 20%. The next day a cheque was received from him after deducting 5%

Question 19

Question No 18 Chapter No 5 - D.K Goal Class 11

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Question No 18 Chapter No 5
18.Pass Journal entries for the following transactions:−

1
Goods for 50,000 were destroyed by fire

2
Goods worth 18,000 were distributed as free samples and 20,000 were given away as charity in cash.

3
Goods worth 25,000 and cash 40,000 were taken away by the proprietor for his personal use.

4
Goods worth 20,000 and cash 5,000 were given away as charity.

5
Cash 1,00,000 were stolen from the Iron Safe of the trader.

The solution of Question No 18 Chapt

Question 20

Question No 19 Chapter No 5 - D.K Goal Class 11

Sarbjit Singh · Accepted Answer

Question No 19 Chapter No 5
19.Pass Journal entries for the following transactions:−

1
Sold goods to Brijesh of the list price of 10,000 at a trade discount of 5%. Received full payment in cash.

2
Goods are given away as charity 1,000.

3
Charge interest on capital of 5,00,000 @ 7% p.a.

4
Outstanding wages 3,000.

5
5,000 due from Sunny are now bad debts

6
50,000 cash sales of goods costing 40, 000

The solution of Question No 19 Chapter No 5: -
In the Books of Radhika Traders

Date	Particulars		Debit	Credit
2019
Mar.1	Cash A/c	Dr.	60,000
	To Capital A/c			60,000
	(Being started with cash .)

Mar.2	Furniture A/c	Dr.	10,000
	To Cash A/c			10,000
	(Being Furniture purchased for cash)

Mar.4	Purchases A/c	Dr.	25,000
	To Cash A/c			25,000
	(Being Goods purchased for cash)

Mar.5	Purchases A/c	Dr.	15,000
	To Kamlesh’s A/c			15,000
	(Being Goods purchased from Kamlesh.)

Mar.6	Cash A/c	Dr.	36,000
	To Sales A/c			36,000
	(Being Sold goods for cash.)

Mar.8	Hari A/c	Dr.	30,000
	To Sales A/c			30,000
	(Being Sold goods to Hari)

Mar.10	Kamlesh’s A/c	Dr.	15,000
	To Cash A/c			15,000
	(Being Cash paid to Kamlesh.)

Mar.14	Cash A/c	Dr.	18,000
	To Hari A/c			18,000
	(Being Received cash from Hari.)

Mar.16	Purchases A/c	Dr.	6,000
	To Sohan’s A/c			6,000
	(Being Goods purchased from Sohan for cash)

Mar.18	Purchases A/c	Dr.	8,000
	To Cash A/c			8,000
	(Being Goods purchased from Sohan for cash)

Mar.20	Rent A/c	Dr.	1,000
	To Cash A/c			1,000
	(Being Paid office rent.)

Mar.26	Cash A/c	Dr.	750
	To Commission A/c			750
	(Being Received commission.)

Mar.27	Salary A/c	Dr.	1,200
	To Cash A/c			1,200
	(Being Paid salary to Gopal.)

Mar.28	Cash A/c	Dr.	12,000
	To Hari A/c			12,000
	(Being Received cash from Hari)

Mar.29	Drawings A/c	Dr.	4,000
	To Cash A/c			4,000
	(Being Drew cash for personal use.)

Mar.30	Wages A/c	Dr.	7,200
	To Hari A/c			7,200
	(Being Paid wages.)

Mar.30	Machinery A/c	Dr.	8,000
	To Cash A/c			8,000
	(Being Purchased machinery.)

2019		Rs
Mar-01	Manohar Lal & Sons started business with cash	60,000
Mar-02	Purchased furniture for cash	10,000
Mar-04	Purchased goods for cash	25,000
Mar-05	Bought goods from Kamlesh	15,000
Mar-06	Sold goods for cash	36,000
Mar-08	Sold goods to Hari	30,000
Mar-10	Paid cash to Kamlesh	15,000
Mar-14	Received cash from Har	18,000
Mar-16	Purchased goods from Sohan	6,000
Mar-18	Purchased goods from Sohan for cash	8,000
Mar-20	Paid rent for the office	1,000
Mar-26	Received Commission	750
Mar-27	Paid Salary to Gopal	1,200
Mar-28	Received cash from Hari	12,000
Mar-29	Withdrew cash from office for personal use	4,000
Mar-30	Wages paid	7,200
Mar-30	Bought Machinery for Cash	8,000

D.K Goal +1 New ISC Accountancy Solutions Chapter No. 5 - Journal - D.K. Goal +1

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💡 Rules of Journalising (Double Entry System)

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Table of Contents

Question No 01 Chapter No 5 - D.K Goal Class 11

The solution of Question No 01 Chapter No 5: -

Question No 02 Chapter No 5 - D.K Goal Class 11

Question No 03 Chapter No 5 - D.K Goal Class 11

Question No 04 Chapter No 5 - D.K Goal Class 11

Question No 05 Chapter No 5 - D.K Goal Class 11

Question No 06 Chapter No 5 - D.K Goal Class 11

Question No 07 Chapter No 5 - D.K Goal Class 11

Question No 08 Chapter No 5 - D.K Goal Class 11

Question No 09 Chapter No 5 - D.K Goal Class 11

Question No 10 Chapter No 5 - D.K Goal Class 11

Question No 11 Chapter No 5 - D.K Goal Class 11

Question No 12(A) Chapter No 5 - D.K Goal Class 11

Question No 12(B) Chapter No 5 - D.K Goal Class 11

Question No 13 Chapter No 5 - D.K Goal Class 11

Question No 14 Chapter No 5 - D.K Goal Class 11

Question No 15 Chapter No 5 - D.K Goal Class 11

Question No 16 Chapter No 5 - D.K Goal Class 11

Question No 17 Chapter No 5 - D.K Goal Class 11

Question No 18 Chapter No 5 - D.K Goal Class 11

Question No 19 Chapter No 5 - D.K Goal Class 11

Question No 20 Chapter No 5 - D.K Goal Class 11

Question No 21 Chapter No 5 - D.K Goal Class 11

Question No 22 Chapter No 5 - D.K Goal Class 11

Question No 23 Chapter No 5 - D.K Goal Class 11

Question No 24 Chapter No 5 - D.K Goal Class 11

Question No 25 Chapter No 5 - D.K Goal Class 11

Question No 26 Chapter No 5 - D.K Goal Class 11

Question No 27 Chapter No 5 - D.K Goal Class 11

Question No 28 Chapter No 5 - D.K Goal Class 11

Question No 29 Chapter No 5 - D.K Goal Class 11

Question No 30 Chapter No 5 - D.K Goal Class 11

Question No 31 Chapter No 5 - D.K Goal Class 11

Question No 32 Chapter No 5 - D.K Goal Class 11

Question No 33 Chapter No 5 - D.K Goal Class 11

Question No 34 Chapter No 5 - D.K Goal Class 11

Question No 35 Chapter No 5 - D.K Goal Class 11

Question No 36 Chapter No 5 - D.K Goal Class 11

Question No 37 Chapter No 5 - D.K Goal Class 11

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