Question No 25 Chapter No 5 – USHA Publication 11 Class

Question No 25 Chapter No 5

Question No 25 Chapter No 5

Expenses/Income of Past, Present and Future

25. Journalese the following transactions in the books of Shaweta :

2018  
Apr. 1 Rent paid Rs 6,000
Apr. 2 Rent due but not paid Rs 7,000
Apr. 3 Rent received Rs 8,000
Apr. 4 Rent due but not received Rs 9,000
Apr. 5 Rent paid for the next year Rs 10,000
Apr. 6 Rent paid for the last year Rs 11,000
Apr. 7 Rent received for the next year Rs 12,000
Apr. 8 Rent received for the last year Rs 13,0000

 

The solution of Question No 25 Chapter No 5: –

 

In the Books of Shaweta
Date Particulars
L.F. Debit Credit
2017          
Apr.1 Rent A/c Dr.   6,000  
  To Cash A/c       6,000
  (Being Rent paid in cash.)      
         
Apr.2 Rent A/c Dr.   7,000  
  To Outstanding Rent A/c       7,000
  (Being rent due but not paid)      
           
Apr.3 Cash A/c Dr.   8,000  
  To Rent received A/c     8,000
  (Being rent received)      
         
Apr.4 Accrued Rent A/c Dr.   9,000  
  To Rent received A/c     9,000
  (Being Rent dur but not received)      
         
Apr.5 Rent prepaid A/c Dr.   10,000  
  To Cash A/c     10,000
  (Being rent paid in advance)      
         
Apr.6 Rent outstanding A/c Dr.   11,000  
  To Cash A/c     11,000
  (Being last year’s rent paid.)      
         
Apr.7 Cash A/c Dr.   12,000  
  To rent received in advance A/c     12,000
  (Being rent received in advance.)      
         
Apr.8 Cash A/c Dr.   13,000  
  To Rent Accrued A/c     13,000
  (Being rent of last 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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