Question No 28 Chapter No 4 – USHA Publication 11 Class

Question No 28 Chapter No 4

Question No 28 Chapter No 4

28. Prepare “T” Shape account for the Motor Vehicle and write the following transaction on the proper Side

(i) Motor Vehicle purchased for Rs 5,50,000
(ii) Motor Vehicle coating Rs 2,00,000 sold 
(iii) Motor Vehicle fully damaged Rs 1,30,000
(vi) Motor Vehicle purchased for Rs 2,30,000 on credit 
(v) Depreciation on Motor Vehicle Rs 32,000

 

The solution of Question No 28 Chapter No 4: –

 

Dr.   Cr.
S. No Particulars
J.F. Amount S. No Particulars
J.F. Amount
(i) Motor Vehicle Purchased   5,50,000 (ii) Sale of Motor Vehicle   2,00,000
(iv) Motor Vehicle purchased on credit   2,30,000 (iii) Motor Vehicle Damaged   1,30,000
        (v) Depreciation on Motor Vehicle   32,000
          Motor Vehicle A/c   4,18,000
               
      7,80,000       7,80,000



 

What is Accounting Equation | Example

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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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