Question No 35 Chapter No 13 – D.K Goal 11 Class

Question No 35 Chapter No 13

Question No 35 Chapter No 13

Free Accounting book Solution - Class 11 and Class 12

Additional Question

Q. 35. (a) Journalise the following in the books of Hari.
Sohan informs Hari that Mohan’ s acceptance for f 13,000, endorsed in favour of Sohan by Hari, has been dishonoured. Sohan agrees to accept f3,000 in cash and an acceptance at 3 months together with interest @ 12% per annum.
(b) Journalise the following in the books of Harish.
Hansh sends Hari’s acceptance for 26,000 to Babu to meet his acceptance for the like amount in favour of Babu

The solution of Question No 35 Chapter No 13: –

In the books of Hari
Date   Particulars
L.F. Debit Credit
2018          
(a) Mohan A/c Dr.   13,000  
  To Sompal A/c       13,000
  (Being dishonour of Mohan’s endorsed in favour of Sohan)        
           
  Interest A/c Dr.   300  
  To Sohan A/c       300
  (Being interest due on Rs 10,000)        
           
  Sompal A/c Dr.   13,300  
  To Cash A/c       3,000
  To Bill Payable A/c       10,300
  (Being settlement of Sohan’s account by payment in cash and new acceptance)        
           
(b) Bill Receivable A/c Dr.   13,000  
  To Bill Receivable A/c       13,000
  (Being new bill drawn on Sompal)        
         

Bills Payable Book | Subsidiary Books | Examples

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

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

Check out the Accountancy Class +1 by D.K. Goal (Arya Publication) from their official Site.

ISC Accounts 11 20 Image min 197x300 - Question No 35 Chapter No 13 - D.K Goal 11 Class
D K Goel accountancy +1 – ISC_Accounts_11_20_ImageQuestion No 42 Chapter No 11 – D.K Goal 11 Class

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