In this article, we have provided the Question wise solution to all Questions of Chapter 5 – Journal – USHA Publication Class +1 – Solution But first of all, we have explained the meaning of Journal: –
What is the Journal?
Accounting Equation is the basis of the double-entry system of accounting. The double-entry system means every business transaction has two aspects one is the Debit and another is the Credit. Example: – If we want to buy something like coke, pizza or burger we have to pay cash for these items, So in this transaction, we are receiving food and paying cash which means we are doing two jobs, that is why it is called double-entry system.
Definition of Journal: –
“The process of recording a transaction in a journal is called journalizing the transactions.”
—Meigs and Meigs and Johnson
Read out the full article:
How to make Journal Entries in Accounting – Explanation
Chapter 5 – Journal – USHA Publication Class +1 – Solution
Question wise solution of the all Questions of Chapter 5 – Journal – USHA Publication Class +1 – Solutions are shown below: –
Question No 01 Chapter No 5 1. State the following Ledger Account under:(a) Real Account (b) Personal Account (c ) ...
Question No 02 Chapter No 5 2. Under what heading would you classify the following account into Real A/c, Personal ...
Question No 03 Chapter No 5 3. From the following transaction of S.K. Trading Co., find out the accounts to ...
Question No 04 Chapter No 5 4. From the following transaction of Mr. Karim., determine the account to be debited ...
Question No 05 Chapter No 5 5. Record the following transactions in the book of C.K Prahalad: 2015 Apr-01 ...
Question No 06 Chapter No 5 6. Journalese the following transaction in the book of Vijay Govindrajan: 2014 May-01 ...
Question No 07 Chapter No 5 7. Journalese the following transaction in the book of Reveena: 2015 Feb. 1 ...
Question No 08 Chapter No 5 8. Journalese the following transaction in the book of Sushma: 2015 Mar. 1 ...
Question No 09 Chapter No 5 9. State with reasons whether the following transactions are cash transaction or credit transaction: ...
Question No 10 Chapter No 5 10. Journalese the following transaction in the books of Gangan Narang: Apr. 1 Started ...
Question No 11 Chapter No 5 11. Journalese the following transactions in the books of Bajaj: Mar. 1 Commenced business ...
Question No 12 Chapter No 5 12.Journalise the following transaction in the book of Ram Dass & Sons : 2014 ...
Question No 13 Chapter No 5 13. Record the following transaction in the journal of Keshubhai : 2019 Feb ...
Question No 14 Chapter No 5 14. Journalese the following transaction in the journal of Ashish : 2017 Mar ...
Question No 15 Chapter No 5 15. Journalese the following transaction in the book of Modi : 2019 Jan ...
Question No 16 Chapter No 5 16. Enter the following transaction in the books of Mulayam Singh: 2018 Mar ...
Question No 17 Chapter No 5 17. Journalese the following transaction in the book of Parsha: 2019 May. 1 ...
Question No 18 Chapter No 5 18. Record the following transaction in the book of Aarti: 2018 Mar. 1 ...
Question No 19 Chapter No 5 19. Journalese the following transactions in the book of Suhasi : 2019 Feb ...
Question No 20 Chapter No 5 20. Journalese the following transaction in the book of Lal Krishan: 2018 Apr ...
Question No 21 Chapter No 5 21. Journalese the following transaction in the book of Badri Nath: 2019 Feb ...
Question No 22 Chapter No 5 Profit or Loss on sale of goods and Fixed Assets 22. Journalese the following ...
Question No 23 Chapter No 5 - Usha Borrowing/Lending of Money 23. Record the following transaction in the book of ...
Question No 24 Chapter No 5 Expenses/Income of Past, Present and Future 24. Journalese the following transactions in the books ...
Question No 25 Chapter No 5 Expenses/Income of Past, Present and Future 25. Journalese the following transactions in the books ...
Question No 26 Chapter No 5 Goods Given as Charity/ Advertisement 26. Journalese the following transactions in the books of ...
Question No 27 Chapter No 5 Loss of Goods/Cash 27. Journalese the following transactions in the books of Ram Gopal ...
Question No 28 Chapter No 5 Bank Transaction 28. Record the following transactions in the book of Rakhi: 2018 ...
Question No 29 Chapter No 5 Payment Made/Received on Behalf of others 29. Enter the following transactions in the journal ...
Question No 30 Chapter No 5 Miscellaneous Transaction 30. Enter the following transactions in the journal of S.S. Ray: 2019 ...
Question No 31 Chapter No 5 Miscellaneous Transaction 31. Journalise the transactions in the book of Abdullah: 2018 Apr ...
Question No 32 Chapter No 5 Return Of goods 32. Journalise the following transactions in the book of Laxman: 2020 ...
Question No 33 Chapter No 5 Compound Entries 33. Journalise the following transactions in the book of Sania : 2017 ...
Question No 34 Chapter No 5 34. Journalise the following transactions in the book of Rajdeep : 2018 Apr ...
Question No 35 Chapter No 5 Opening Stock 35. On 1st April, 2018 the financial position of Apex Traders was ...
Question No 36 Chapter No 5 36. Journalise the following transactions in the book of Raj Kumar: 2019 Apr.1 ...
Question No 37 Chapter No 5 37. Journalise the following transactions in the book of Vinod Khosla: 2018 ...
Question No 38 Chapter No 5 38. Journalise the following transactions in the book of Raj Deshpande: 2018 Apr.1 ...
Question No 39 Chapter No 5 39. Journalise the following transactions in the book of Parsha : 2019 Mar.1 ...
Question No 40 Chapter No 5 40. Journalise the following transactions in the book of Rajesh : 2018 May.10 ...
Question No 41 Chapter No 5 41. Journalise the following transactions in the book of Sudhir : 2019 Jan ...
Question No 42 Chapter No 5 42. Journalise the following in the book of Deepti Walia : 2018 Apr ...
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