Get complete step-by-step solutions for Unimax class 11 - 2021 - Chapter No. 6 Ledger - Unimax +1. Study double-entry system details, practice timed problems, and verify answers directly.
Problem 1 Chapter 6 - Unimax
PROBLEM 1:
On 1st December, 2019, Sham Lal made cash sales of Rs. 20,000. Pass necessary journal entry and post it into ledger.
SHAM LAL'S JOURNAL
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2019 | |||||
| Dec. 1 | Cash A/c | Dr. | 20,000 | ||
| To Sales A/C | 20,000 | ||||
| Being Sham Lal made cash sales of Rs. 20,000 | |||||
SHAM LAL'S LEDGER :
CASH ACCOUNT
| Date | Particulars | Amount | Date | Particulars | Amount |
|---|---|---|---|---|---|
| 2019 | 2019 | ||||
| Dec. 1 | To Sales A/c | 20,000 | Dec.31 | By Balance c/d | 20,000 |
| 20,000 | 20,000 | ||||
| 2020 | |||||
| Jan. 1 | To Balance b/d | 20,000 |
SALES A/C
| Date | Particulars | Amount | Date | Particulars | Amount |
|---|---|---|---|---|---|
| 2019 | 2019 | ||||
| Dec. 31 | To Balance c/d | 20,000 | Dec.1 | By Cash A/c | 20,000 |
| 20,000 | 20,000 | ||||
| 2020 | |||||
| Jan. 1 | By Balance b/d | 20,000 |
This is all about the Problem 1 Chapter 6 - Unimax. You can check out the following article to better understand:
Ledger balancing or Closing of ledger account | Ledger
You Can also read all above articles in Hindi on our Hindi Website
Ledger balancing or Closing of ledger account | Ledger - In Hindi
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.