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Question No 28 Chapter No 5 – USHA Publication 11 Class

Question No 28 Chapter No 5
Q-28 - CH-5 - USHA +1 Book 2020 - Solution

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Question No 28 Chapter No 5

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Bank Transaction

28. Record the following transactions in the book of Rakhi:

2018 
Mar. 1Cash deposited into bank Rs 40,000
Mar. 4Personal cash deposited into business bank account Rs 60,000
Mar. 10Cash is withdrawn from bank for personal use Rs 15,000
Mar. 11Cash is withdrawn from bank for personal use Rs 9,900
Mar. 14Cheque issued to Shreya Rs 14,400
Mar. 18Cheque issued to Balbir Rs 16,000 for Salary
Mar. 19Received cheque from Amrita Rs 9,100 and deposited into the bank the same day
Mar. 21Cheque issued to Shreya returned dishonoured 

 

The solution of Question No 28 Chapter No 5: –

 

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In the Books of Rakhi
DateParticulars
L.F.DebitCredit
2018     
Mar.1Bank A/cDr. 40,000 
 To Cash A/c   40,000
 (Being cash deposited into the bank.)   
     
Mar.4Bank A/cDr. 60,000 
 To Capital A/c   60,000
 (Being personal cash deposited into the bank )   
      
Mar.10Drawings A/cDr. 15,000 
 To Bank A/c  15,000
 (Being cash withdrawn from bank for personal use)   
     
Mar.11Cash A/cDr. 9,900 
 To Bank A/c  9,900
 (Being cash withdrawn from bank for office use)   
     
Mar.14Shreya A/cDr. 14,400 
 To Bank A/c  14,400
 (Being cheque issued )   
     
Mar.18Salary A/cDr. 16,000 
 To Bank A/c  16,000
 (Being salary paid by cheque)   
     
Mar.19Bank A/cDr. 9,100 
 To Amrita A/c  9,100
 (Being cheque received from Amrita)   
     
Mar.21Bank A/cDr. 14,400 
 To Shreya A/c  14,400
 (Being issued cheque dishonoured)   
     

 

 

How to make Journal Entries in Accounting – Explanation

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

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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

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Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

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Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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