Question No 24 Chapter No 5 – USHA Publication 11 Class

Question No 24 Chapter No 5

Question No 24 Chapter No 5

Expenses/Income of Past, Present and Future

24. Journalese the following transactions in the books of Dhoni:

Apr. 1 Salaries paid by cheque Rs 6,000
Apr. 2 Salaries due but not paid Rs 3,000
Apr. 5 Interest received Rs 5,000
Apr. 6 Interest due but not received Rs 1,500
Apr. 10 Commission paid for the current year Rs 4,500
Apr. 11 Commission paid for the next year Rs 4,000
Apr. 12 Commission of last year paid Rs 3,500
Apr. 16 Rent of current year received Rs 6,800
Apr. 17 Rent of next year received Rs 7,800
Apr. 18 Rent of the last ear received Rs 8,800


The solution of Question No 24 Chapter No 5: –


In the Books of Dhoni
Date Particulars
L.F. Debit Credit
Apr.1 Salary A/c Dr.   3,000  
  To Bank A/c       3,000
  (Being salary paid by cheque.)      
Apr.2 Salary A/c Dr.   3,000  
  To Outstanding Salary A/c       3,000
  (Being Salary due but not paid)      
Apr.5 Cash A/c Dr.   5,000  
  To Interest A/c     5,000
  (Being interest received in cash)      
Apr.6 Accrued Interest A/c Dr.   1,500  
  To Interest A/c     1,500
  (Being interest due but not received)      
Apr.10 Commission A/c Dr.   4,500  
  To Cash A/c     4,500
  (Being commission paid for the current year in cash)      
Apr.11 Prepaid Commission A/c Dr.   4,000  
  To Cash A/c     4,000
  (Being commission paid for next year.)      
Apr.12 Outstanding Commission A/c Dr.   3,500  
  To Cash A/c     3,500
  (Being commission for the previous year paid .)      
Apr.16 Cash A/c Dr.   6,800  
  To Rent A/c     6,800
  (Being rent received for the current year.)      
Apr.17 Cash A/c Dr.   7,800  
  To Rent received iv advance A/c     7,800
  (Being Rent received for next year.)      
Apr.18 Cash A/c Dr.   4,000  
  To Rent receivable A/c     4,000
  (Being Rent of previous year received )      



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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