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Question 2 Chapter 9 – Unimax Publications of Class 11

Question 2 Chapter 9 – Unimax Publications of Class 11

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Question 2 Chapter 9 – Unimax Publications of Class 11

Journalise the following transactions in the books of Aggarwal & sons, Kolkata, 1st January 2023. Cash ₹ 2,400; X ₹ 2,400; Y ₹ 3,600; Z ₹ 3,600. Creditors. P ₹ 3,600; Q ₹ 6,000.

2023 
Jan.1Goods sold to Mr. Red1,800
Jan.1Goods sold to Mr. White1,200
Jan.1Goods sold to Mr. Blue1,800
Jan.5Cash paid for Mr. Q1,200
Jan.15Cash received from Mr. Y in full settlement3,420
Jan.16Paid for charity300
Jan.16Paid for stationery 420
Jan.16Paid to pages180
Jan.20Cash paid to Mr. P16,80
 And he allowed us discount120
Jan.21Goods sold to Mr. sky4,200
Jan.25Goods sold to Mr. earth after allowed him trade discount 10%270
Jan.27Cash received from Mr. sky in full settlement of his account4,020
Jan.28Allowed interest on capital @ 5% p.a. for one month 
Jan.31Paid for salaries 300
Jan.31Paid for rent600
Jan.31Closing stock6,000

The solution of Question No 2 Chapter No 9 – Unimax Class 11

Journal

DateParticulars L.F.DebitCredit
2023     
Jan.1Cash A/cDr. 12,000 
 Furniture A/cDr. 2,400 
 W’s A/cDr. 2,400 
 Building A/cDr. 36,000 
 X’s A/cDr. 2,400 
 Y’s A/cDr. 3,600 
 Z’s A/cDr. 3,600 
 To P’s A/c   3,600
 To Q’s A/c   6,000
 To Capital A/c   52,800
 (Being opening entry made)    
Jan.1Mr. Red’s A/cDr. 1,800 
 To Sales A/c   1,800
 (Being goods sold to Mr. Red)    
Jan.1Mr. White’s A/cDr. 1,200 
 To Sales A/c   1,200
 (Being goods sold to Mr. White)    
Jan.1Mr. Blue’s A/cDr. 1,800 
 To Sales A/c   1,800
 (Being goods sold to Mr. Blue)    
Jan.5Mr. Q’s A/cDr. 1,200 
 To Cash A/c   1,200
 (Being cash paid to Mr. Q)    
Jan.15Cash A/cDr. 3,420 
 Discount A/cDr. 180 
 To Mr. T’s A/c   3,600
 (Being cash received from Mr. Y and discount allowed)    
Jan.16Charity A/cDr. 300 
 To Cash A/c   300
 (Being paid for charity)     
Jan.16Stationery A/cDr. 420 
 PostageDr. 180 
 To Cash A/c   600
 (Being paid for stationery postages)    
Jan.20Mr. P’s A/cDr. 1,800 
 To Cash A/c   1,680
 To Discount A/c   120
 (Being cash paid to Mr. P and received)    
Jan.21Mr. sky’ A/cDr. 4,200 
 To Sales A/c   4,200
 (Being goods sold to Mr. sky)    
Jan.25Mr. Earth A/cDr. 243 
 To Sales A/c   243
 (Being goods sold to Mr. Earth)    
Jan.27Cash A/cDr. 4,020 
 Discount A/cDr. 180 
 To Mr. Sky’s A/c   4,200
 (Being cash received from Mr. Sky and discount allowed)    
Jan.28Interest on capital A/cDr. 2,240 
 To Capita A/c   2,240
 (Being allowed interest on capital)    
Jan.31Salaries A/cDr. 300 
 Rent A/cDr. 600 
 To cash A/c   900
 (Being salaries and rent paid)    

 

Cash A/c
DateParticularJ.F.AmountDateParticularJ.F.Amount
Jan.1To balance b/d 12,000Jan.5By Mr. Q’s A/c 1,200
Jan. 15To Mr. Y’s A/c 3,420Jan.16By Charity A/c 300
Jan.27To Mr. Sky’s A/c 4,020Jan.16By Stationery A/c 420
    Jan.16By Postage A/c 180
    Jan.20By Mr. P’s A/c 1,680
    Jan.31By salaries A/c 300
    Jan.31By Rent A/c 600
    Jan.31By Balance c/d 14,760
   19,440   19,440
Feb.1To Balance b/d 14,760    

 

Dr.Furniture A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Balance b/d 2,400    
        
   2,400    

 

Dr.W’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Balance b/d 2,400    
        
   2,400    

 

Dr.Building A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Balance b/d 3,600    
        
   3,600    

 

Dr.X’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Balance b/d 2,400    
        
   2,400    

 

Dr.Y’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Balance b/d 3,600Jan.15By Cash A/c 3,420
    Jan.15By Discount Allowed A/c 180
        
   3,600   3,600

 

Dr.Z’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Balance b/d 3,600    
        
   3,600    

 

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Dr.P’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.20To Cash A/c 1,680Jan.1By Balance b/d 3,600
Jan.20To Discount received A/c 120    
Jan.31To Balance c/d 1,800    
        
   3,600   3,600
    Feb.1By Balance b/d 3,600

 

Dr.Q’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.5To Cash A/c 1,200Jan.1By Balance b/d 6,000
Jan.31To Balance c/d 4,800    
        
   6,000   6,000

 

Dr.Capital A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.31To Balance c/d 55,040Jan.1By Balance b/d 52,800
    Jan.28By interest on capital A/c 2,240
        
   55,040   55,040
    Feb.1By Balance b/d 55,040

 

Dr.Mr. Red’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Sales A/c 1,800Jan.31By Balance c/d 1,800
        
   1,800   1,800
Feb.1To Balance b/d 1,800    

 

Dr.Sales A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.31To Balance c/d 9,243Jan.1By Mr. Red’s A/c 1,800
    Jan.1By Mr. White’s A/c 1,200
    Jan.1By Mr. Blue’s A/c 1,800
    Jan.21By Mr. Sky’s A/c 4,200
    Jan.25By Mr. earth’s A/c 243
        
   9,243   9,243
    Feb.1By Balance b/d 9,243

 

Dr.Mr. white’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Sales A/c 1,200Jan.31By Balance c/d 1,200
        
   1,200   1,200
Feb.1To Balance b/d 1,200    

 

Dr.Mr. Blue’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.1To Sales A/c 1,800Jan.31By Balance c/d 1,800
        
   1,800   1,800
Feb.1To Balance b/d 1,800    

 

Dr.Discount allowed A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.15To Mr. Y’s A/c 180Jan.31By Balance c/d 360
Jan.27To Mr. Sky’s A/c 180    
        
   360   360
Feb.1To Balance b/d 360    

 

Dr.Charity A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.16To Cash A/c 300Jan.31By Balance c/d 300
        
   300   300
Feb.1To Balance b/d 300    
Dr.Stationery A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.16To Cash A/c 420Jan.31By Balance c/d 420
        
   420   420
Feb.1To Balance b/d 420    
Dr.Postage A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.16To Cash A/c 180Jan.31By Balance c/d 180
        
   180   180
Feb.1To Balance b/d 180    
Dr.Discount received A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.31To Balance c/d 120Jan.20By Mr. P’s A/c 120
        
   120   120
    Feb.1By Balance b/d 120
Dr.Mr. Sky’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.21To Sales A/c 4,200Jan.27By Cash A/c 4,020
    Jan.27By Discount allowed A/c 180
        
   4,200   4,200

 

Dr.Mr. Earth’s A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.25To Sales A/c 243Jan.31By Balance c/d 243
        
   243   243
Feb.1To Balance b/d 243    
Dr.Interest on capital A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.25To Capital A/c 2,240Jan.31By Balance c/d 2,240
        
   2,240   2,240
Feb.1To Balance b/d 2,240    
Dr.Sales A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.31To Cash A/c 300Jan.31By Balance c/d 300
        
   300   300
Feb.1To Balance b/d 300    
Dr.Rent A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
Jan.31To Cash A/c 600Jan.31By Balance c/d 600
        
   600   600
Feb.1To Balance b/d 600    
                                                     Trail Balance A/c   
S. No.Name of A/cL.F.DebitCredit
1Cash A/c 14,760 
2Furniture A/c 2,400 
3W’s A/c 2,400 
4Building A/c 36,000 
5X’s A/c 2,400 
6Z’s A/c 3,600 
7P’s A/c  1,800
8Q’s A/c  4,800
9Capital A/c  55,040
10Mr. Red’s A/c 1,800 
11Salaries A/c  9,243
12Mr. White A/c 1,200 
13Mr. Blue A/c 1,800 
14Discount allowed A/c 360 
15Charity A/c 300 
16Stationery A/c 420 
17Postage A/c 180 
18Discount received A/c  120
19Mr. Earth A/c 243 
20Interest on capital A/c 2,240 
21Salaries A/c 300 
22Rent A/c 600 
 Total 71,00371,003

End of Solution


Check Out the Solution of all questions for this chapter:

The solutions to all questions of Chapter No. 9 – Trial Balance Class 11 Unimax are shown as follows, click on the image of the question to get the solution.

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