Question No 40 Chapter No 5 – USHA Publication 11 Class

Question No 40 Chapter No 5
Q-40 - CH-5 - USHA +1 Book 2020 - Solution


Question No 40 Chapter No 5


40. Journalise the following transactions in the book of Rajesh :

May.10Sh. Ramlal who owes Rs 1,000 pays Rs 993 in the full statement 
Jun.12m/s Mohan Singh & Co. who owes Rs 3,000 became insolvent. Only 45%of the amount is realized
Jul. 8Issued cheque in favour of Patel Bros. on account of purchase of furniture for Rs 1,500
Jul. 31Received cheque from Mr White Rs 6,200. allowed him to discount Rs 80
Aug. 10A sum of Rs 300 is received from Sher Singh & Co. against debts previously written off.
Sep. 20Returned goods to Industrial cables Ltd. Of the value of Rs 600
Oct. 5Withdrawn goods for domestic use Rs 60
Oct. 18Paid railways fright on behalf of our customer Mr Surinder Rs 60
Nov. 16Received interest on investment Rs 500
Dec. 24Paid office expenses Rs 150 from personal cash and stationery expenses Rs 250 from cash 


The solution of Question No 40 Chapter No 5: –


In the Books of Rajesh 
May. 10Cash A/cDr. 993 
 Discount A/cDr. 7 
 To Ram Lal A/c   1,000
 (Being cash receipt and discount allowed )   
Jun. 12Cash A/cDr. 1,350 
 Bad debts A/cDr. 1,650 
 To Mohan Singh A/c  3,000
 (Being receipt and non-receivable written off)   
Jul.8Furniture A/cDr. 1,500 
 To Bank A/c  1,500
 (Being the purchased of furniture and issue of a cheque)   
Jul. 31Bank A/cDr. 6,200 
 Discount A/cDr. 80 
 To White A/c  6,280
 (Being receipt of cheque and discount allowed)   
Aug. 10Cash A/cDr. 300 
 To Bad debts recovered A/c  300
 (Being amount previously written off now recovered )   
Sep. 20Industrial Cables Ltd. A/cDr. 600 
 To Return Outwards A/c  600
 (Being goods returned by us)   
Oct. 5Drawing A/cDr. 450 
 To Purchases A/c  450
 (Being goods use by Rajesh for personal use)   
Oct. 18Surinder A/cDr. 350 
 To Cash A/c  350
 (Being paid railway freight recoverable from Surinder)   
Nov. 16Cash  A/cDr. 500 
 To Interest on investment A/c  500
 (Being receipts of interest recorded )   
Dec. 24Office expenses A/cDr. 150 
 To capital A/c  150
 (Being the payment of expenses from personal cash)   
Dec. 24Stationery A/cDr. 250 
 To Cash A/c  250
 (Being the amount paid for stationery )   




How to make Journal Entries in Accounting – Explanation

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

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)


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


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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