Advertisement Question 1 Chapter 13 – Class 11 Unimax At the end of the year, prem Chawla’s cash book showed a bank balance of ₹ 1,850. On comparing the same with the bank passbook, he found that cheques amounting to Read More …
Category: Unimax Accountancy Class 11
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Question 9 Chapter 12 – Class 11 Unimax
Advertisement Question 9 Chapter 12 – Class 11 Unimax 9. For the year 2019 opening balance in provision for taxation is ₹ 6,00,000. Net profit for the year amounted to ₹ 18,00,000 and rate if income tax payable is 40%. Read More …
Question 8 Chapter 12 – Class 11 Unimax
Advertisement Question 8 Chapter 12 – Class 11 Unimax A company decided to transfer ₹ 400 every year to repair and renewals reserve account maintained for a machine recently purchased. In the 1st 4 years, annual repairs were ₹ 50, Read More …
Question 7 Chapter 12 – Class 11 Unimax
Advertisement Question 7 Chapter 12 – Class 11 Unimax 7. It is estimated by a company that it will require an additional sum of ₹ 3,00,000 after four years to replace its existing plant. It created a specific reserve for Read More …
Question 6 Chapter 12 – Class 11 Unimax
Advertisement Question 6 Chapter 12 – Class 11 Unimax 6. Following balance were extracted from the Trial Balance of M/s Duggal Traders as on 31.3.2019 Name of accounts L.F. Dr. Cr. Sundry debtors 5,00,000 Discount allowed 17,000 Read More …
Question 5 Chapter 12 – Class 11 Unimax
Advertisement Question 5 Chapter 12 – Class 11 Unimax 5. On 31st December 2018, Sundry debts were ₹ 2,50,000, on which a provision for doubtful debts was to be made at 2%During 2019, there were bad debts amounted to ₹ Read More …
Question 4 Chapter 12 – Class 11 Unimax
Advertisement Question 4 Chapter 12 – Class 11 Unimax Prepare the bad debts account, provision for bad debts account, profit and loss account and balance sheet from the following information as on December 31, 2019: ₹ Debtors Read More …
Question 3 Chapter 12 – Class 11 Unimax
Advertisement Question 3 Chapter 12 – Class 11 Unimax The following information is extracted from the Trial Balance of M/s. Nisha Trader on 31st Dec. 2019: ₹ Sundry debtors 80,500 Provision for Bad Debts 5,000 Bad Read More …
Question 2 Chapter 12 – Class 11 Unimax
Advertisement Question 2 Chapter 12 – Class 11 Unimax An extract of the trial balance from the books of Tahiliani and sons enterprise on December 31, 2019, is given below: Name of the account Dr. Amount Cr. Amount Sundry debtors Read More …
Question 1 Chapter 12 – Class 11 Unimax
Advertisement Question 1 Chapter 12 – Class 11 Unimax 1. The following are the extracts of the trial balance as on 31st March 2020. Sundry debtors 42,000 Addition information-(1) Book debts proved bad but not recorded amounted to ₹ Read More …
Question 23 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 23 Chapter 11 – Unimax Publications of Class 11 23. (with GST). ABC Ltd. Purchased on 1st April,2018 a plant for ₹ 1,00,000 plus CGST And SGST @ 6% each. On 1st October 2018, an additional plant was Read More …
Question 22 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 22 Chapter 11 – Unimax Publications of Class 11 On January 01,2017 Khosla Transport Co. purchased five trucks for ₹ 20,000 each. Depreciation has provided at the rate of 10% p.a. using straight line method and accumulated in Read More …
Question 21 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 21 Chapter 11 – Unimax Publications of Class 11 The following balance appear in the books of Gupta Ltd.Machinery A/c as on 1.4.2019 = ₹ 8,00,000povision for depreciation as on 1.4.2019 = ₹ 3,10,000On 1.7.2019 a machinery which Read More …
Question 20 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 20 Chapter 11 – Unimax Publications of Class 11 On 1st Jan., 2017 a company purchased a machinery for ₹ 10,000. It spent ₹ 2,000 on its erection. On 1st July,2017 it purchased another machinery for ₹ 4,000. Read More …
Question 19 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 19 Chapter 11 – Unimax Publications of Class 11 A firm purchased on 1st January, 2017 certain machinery for ₹ 5,82,000 and spent ₹ 10,8000 on its erection. On 1st July, 2017, additional machinery costing ₹ 2,00,000 was Read More …
Question 18 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 18 Chapter 11 – Unimax Publications of Class 11 A company whose accounting year is the calendar year purchased on 1st April, 2017 machinery costing ₹ 30,000. It further purchased machinery on 1st Oct.2017 costing ₹ 20,000 and Read More …
Question 17 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 17 Chapter 11 – Unimax Publications of Class 11 On 1.1.2019, Mrs. Neelam Sharma bought a machinery for ₹ 25,000 on which she spent ₹ 5,000 for carriage and freight, ₹ 1,000 for brokerage of the middle-man, ₹ Read More …
Question 16 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 16 Chapter 11 – Unimax Publications of Class 11 “Astha” Engineering works purchased a machine on 1st April, 2021 for ₹ 1,80,000 and spent ₹ 20,000 on its installation.On the 1st January 2022 it purchased another machine for Read More …
Question 15 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 15 Chapter 11 – Unimax Publications of Class 11 15. A company purchased a machinery for ₹ 50,000 on 1st July,2021. Another machinery costing ₹ 10,000 was purchased on 1st sept. 2022. On 31st dec.,2023, the machinery purchased Read More …
Question 14 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 14 Chapter 11 – Unimax Publications of Class 11 M/s Krishana publication purchased machinery for ₹ 40,000 on 1.7.2021. Depreciation is provided @ 10% p.a. on Diminishing balance. On 31.10.2023 one -fourth of the machinery was found unsuitable Read More …
Question 13 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 13 Chapter 11 – Unimax Publications of Class 11 The original cost of machinery amount to ₹ 4,000 and it is decided to write off 5% on the Diminishing value of asset as depreciation at the end of Read More …
Question 12 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 12 Chapter 11 – Unimax Publications of Class 11 The original cost of machinery amount to ₹ 4,000 and it is decided to write off 5% on the Diminishing value of asset as depreciation at the end of Read More …
Question 11 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 11 Chapter 11 – Unimax Publications of Class 11 Diminishing Balance Method Question.11 A company purchased a plant for ₹ 60,000 on 1st Jan.,2016. It is estimated that scrap value of this plant at the end of its Read More …
Question 10 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 10 Chapter 11 – Unimax Publications of Class 11 X Ltd. has imported a machinery on 1st July, 2021 for ₹ 1,28,000, paid customs duty and freight ₹ 65,000 and incurred erection charges ₹ 48,000. Another local machinery Read More …
Question 9 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 9 Chapter 11 – Unimax Publications of Class 11 K. Ltd. Purchased a machinery worth ₹ 8,00,000 as 1st January,2016. On 1st July,2017 it purchased a new machinery for ₹ 2,60,000 and spent ₹ 40,000 on its cartage Read More …
Question 8 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 8 Chapter 11 – Unimax Publications of Class 11 From the following transactions of a concern, prepare machinery account for the year ending 31st Dec.2019:Jan.1: Purchased a second-hand machinery for ₹ 40,000.Jan.1: Spent ₹ 10,000 on repair for Read More …
Question 6 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 6 Chapter 11 – Unimax Publications of Class 11 A company purchased machinery on 1st April,2018 costing ₹ 29,500, it spent ₹ 500 on its carriage. It further purchased machinery on 1st October,2018 costing ₹ 20,000 and on Read More …
Question 5 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 5 Chapter 11 – Unimax Publications of Class 11 A Maruti van was purchased on 1.1.2021 for ₹ 60,000 and ₹ 5,000 was spent on its repairs and registration. On 1.7.2022 another van was purchases for ₹ 70,000. Read More …
Question 4 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 4 Chapter 11 – Unimax Publications of Class 11 A company purchases a plant for ₹ 31,000 on January 1,2019. If further spent ₹ 1400 on its installation. It was brought into use from 1st May,2019. You are Read More …
Question 3 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 3 Chapter 11 – Unimax Publications of Class 11 Vasu & Co. acquired a machine on 1st July,2016 at a cost of ₹ 70,000 and spent ₹ 5,000 on its installation and carriage. The firm writes off depreciation Read More …
Question 2 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 2 Chapter 11 – Unimax Publications of Class 11 On 1st January 2016, a limited company purchases a machine for ₹ 72,000 and spent ₹ 4,000 on its installation. At the date of purchase, it was estimated that Read More …
Question 1 Chapter 11 – Unimax Publications of Class 11
Advertisement Question 1 Chapter 11 – Unimax Publications of Class 11 Straight Line Method A company purchases a plant for ₹ 20,000. The useful life of the plant of the plant is 8 years and the estimated residual value after Read More …
Question 40 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 40 Chapter 10 – Unimax Publications of Class 11 40 Trial balance of Madan did not agee and he put the difference to suspense account. He discovered the following errors:(a) Sales return book overcast by ₹ 800.(b) Purchases Read More …
Question 39 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 39 Chapter 10 – Unimax Publications of Class 11 39 Rectify the following errors and ascertain the amount of difference in trial balance by preparing suspense account.(a) Credit sales to Mohan ₹ 7,000 were not posted.(b) Credit purchases Read More …
Question 38 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 38 Chapter 10 – Unimax Publications of Class 11 38 Rectify the following errors.(a) Salary paid ₹ 5,000 was debited to employee’s personal account.(b) Rent paid ₹ 4,000 was posted to landlord’s personal account.(c) Goods withdrawn by proprietor Read More …
Question 37 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 37 Chapter 10 – Unimax Publications of Class 11 Rectify the following error:(1) Credit sales to Mohan ₹ 7,000 were recorded as ₹ 700.(2) Credit purchases from Rohan ₹ 9,000 were recorded as ₹ 900.(3) Goods returned to Read More …
Question 36 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 36 Chapter 10 – Unimax Publications of Class 11 Rectify the Following errors:(1) Credit sales to Mohan ₹ 7,000 were not recorded.(2) Credit purchases from Rohan ₹ 9,000 were not recorded.(3) Goods returned to Rakesh ₹ 4,000 were Read More …
Question 35 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 35 Chapter 10 – Unimax Publications of Class 11 35 Trial balance of Raju showed exces debit of 10,000. He put the difference to suspense account and discovered the following errors.(a) Depreciation written off the furniture ₹ 6,000 Read More …
Question 34 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 34 Chapter 10 – Unimax Publications of Class 11 34 Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance.(a) Furniture purchases for ₹ 10,000 wrongly debited to Purchases account as ₹ Read More …
Question 33 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 33 Chapter 10 – Unimax Publications of Class 11 33. Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance.(a) Credit sales to Mohan ₹ 7,000 were recorded in purchases book. However, Read More …
Question 32 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 32 Chapter 10 – Unimax Publications of Class 11 32. Pass the entries to rectify the following errors with or without the help of suspense A/c:(1) A credit sale of goods of ₹ 120 to Ramesh has been Read More …
Question 31 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 31 Chapter 10 – Unimax Publications of Class 11 31. The books of Deven Verma could not be tallied. The accountant transferred the difference of ₹ 1,270 in the suspense account on the debit side. The following mistakes Read More …
Question 30 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 30 Chapter 10 – Unimax Publications of Class 11 30. Rectify the following errors.(1) ₹ 760 paid for wages for construction of showcase (furniture), wrongly debited to wages a/c as 670.(2) ₹ 500 received from Anand against a Read More …
Question 29 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 29 Chapter 10 – Unimax Publications of Class 11 29. Give journal entries rectify the following errors.(1) Sundry item of plant sold for ₹ 260 had been entered in sales book, the total of which book had been Read More …
Question 28 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 28 Chapter 10 – Unimax Publications of Class 11 28. Draft journal for rectifying the errors. Also prepare the suspense A/c.(a) A purchases of 196, posted to the debit of suppliers A/c Mr. Gopal.(b) Sales of an machinery Read More …
Question 27 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 27 Chapter 10 – Unimax Publications of Class 11 27 A book-keeper while balance his books finds that he is out excess credit ₹ 88. Being required to prepare the final accounts, he place the difference to a Read More …
Question 26 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 26 Chapter 10 – Unimax Publications of Class 11 26. Pass rectifying journal entries:(1) A credit sales of goods for ₹ 2,500 to Krishna has been wrongly passed through the purchases book.(2) ₹ 5,000 paid for freight on Read More …
Question 25 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 25 Chapter 10 – Unimax Publications of Class 11 25. Give rectifying entries for the following:(1) Sales of goods ₹ 6,000 to Madan were recorded as ₹ 600 in the sales book.(2) A credit purchase of goods from Read More …
Question 24 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 24 Chapter 10 – Unimax Publications of Class 11 24. Give rectifying entries for the following:(1) Sales of goods ₹ 6,000 to Mohan were recorded as ₹ 600 in the sales book.(2) A credit purchases of goods from Read More …
Question 23 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 23 Chapter 10 – Unimax Publications of Class 11 23. Give rectifying journal entries for the following errors:(a) Sales return book is undercast by ₹ 2,000.(b) Goods worth ₹ 2,400 purchased on credit from Vikram were entered in Read More …
Question 22 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 22 Chapter 10 – Unimax Publications of Class 11 22. Rectified the following errors:(1) Purchases book overcast by ₹ 500(2) Salary paid to an employee Mr. Ajay debited to his personal account ₹ 3,000.(3) Goods sold to Shahi Read More …
Question 21 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 21 Chapter 10 – Unimax Publications of Class 11 21. Rectify the following errors:(1) The total of one page of the sales book was carried forward to the next page as ₹ 2,785 instead of ₹ 2,587.(2) A Read More …
Question 20 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 20 Chapter 10 – Unimax Publications of Class 11 20. Give rectifying entries of the following:(1) Sales of ₹ 20,000 to Manoj were recorded as ₹ 2,000 in sales book.(2) An amount of ₹ 25,000 spent for the Read More …
Question 19 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 19 Chapter 10 – Unimax Publications of Class 11 There was a difference of ₹ 720 in trial balance which has been transferred to credit side of suspense account. Pass rectifying entries and prepare suspense account to rectify Read More …
Question 18 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 18 Chapter 10 – Unimax Publications of Class 11 Give journal entries necessary to correct these errors and prepare the suspense account. A trial balance disclosed a difference of ₹ 417, placed on credit side of suspense account. Read More …
Question 17 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 17 Chapter 10 – Unimax Publications of Class 11 17. A book keeper while balancing his books found that there was a difference of ₹ 86.12 in the trial balance. Being required to prepare the final account he Read More …
Question 16 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 16 Chapter 10 – Unimax Publications of Class 11 The Trial Balance of M/s Gupta and sons shows a difference of ₹ 52,200. To prepare the final A/c on 31st march 2023, this difference is placed in a Read More …
Question 15 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 15 Chapter 10 – Unimax Publications of Class 11 Show how you would correct the following errors, giving journal entries with due narration as are necessary:(a) A amount of ₹ 105.15 for a credit sales to C.B. Gupta, Read More …
Question 14 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 14 Chapter 10 – Unimax Publications of Class 11 Correct the following errors:(1) A sale of ₹ 300 was made to X and entered correctly in the sales book, but posted to the debit of Y as ₹ Read More …
Question 13 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 13 Chapter 10 – Unimax Publications of Class 11 How will you rectify the following errors: (a) An amount of ₹ 500 withdrawn by the proprietor for his personal use has been debited to trade expenses account.(b) ₹ Read More …
Question 12 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 12 Chapter 10 – Unimax Publications of Class 11 Give rectifying journal entries for the following errors. (1) A purchases of goods form A amounting to ₹ 250 has been wrongly passed through the sales book.(2) ₹ 1,500 Read More …
Question 11 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 11 Chapter 10 – Unimax Publications of Class 11 Give journal entries to rectify the errors in the following cases: (a) A purchase of goods from David amounting to ₹ 150 has been wrongly passed through the sales Read More …
Question 10 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 10 Chapter 10 – Unimax Publications of Class 11 Rectify the following errors. (a) Furniture purchased for ₹ 250 was debited to purchases account.(b) A sum of ₹ 100 paid to Ram was debited in Shyam’s account.(c) A Read More …
Question 9 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 9 Chapter 10 – Unimax Publications of Class 11 The following errors were disclosed in the books of Mr. Babu. Correct the errors. (1) The total of sales book has overcast by ₹1,000.(2) In purchases book the total Read More …
Question 8 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 8 Chapter 10 – Unimax Publications of Class 11 Give journal entries to correct these errors and prepare the suspense account. How would you rectify the following errors? (1) Amount received from A ₹ 200 is debited to Read More …
Question 7 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 7 Chapter 10 – Unimax Publications of Class 11 7. An accountant while balancing his books found that there was a difference (excess credit) of ₹ 860 in the trial balance. The difference was placed in the Suspense Read More …
Question 6 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 6 Chapter 10 – Unimax Publications of Class 11 The Trial balance of a firm on 31st December 2019 has agreed. The following errors were subsequently discovered:(1) On 31st December 2019, goods of the value of ₹ 376 Read More …
Question 5 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 5 Chapter 10 – Unimax Publications of Class 11 5 How will you rectify the following errors: ₹ 125 paid as cartage for the newly purchases furniture posted to cartge a/c. Goods sold to Pritam for ₹ 600 Read More …
Question 4 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 4 Chapter 10 – Unimax Publications of Class 11 4. Pass the Journal entries to rectify the following errors: Typewriter purchased for ₹ 3,500 was debited to purchases account. Goods taken by proprietor for ₹ 100 has been Read More …
Question 3 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 3 Chapter 10 – Unimax Publications of Class 11 Give the necessary entries to correct the following errors: ₹ 520 received from H has been posted to the credit of T account. New machinery costing ₹ 6,000 has Read More …
Question 2 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 2 Chapter 10 – Unimax Publications of Class 11 Pass necessary to rectify the following mistakes: A sum of 1,600 paid by way of rent was debited to the Landlord’s personal account. Furniture sold for ₹ 900 has Read More …
Question 1 Chapter 10 – Unimax Publications of Class 11
Advertisement Question 1 Chapter 10 – Unimax Publications of Class 11 1. Given journal entries to rectify the following errors: 1. ₹ 2,000 paid for furniture purchases has been debited to purchases account.2. ₹ 3,000 paid to Mohan Lal for Read More …
Question 16 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 16 Chapter 9 – Unimax Publications of Class 11 16 Corrected the following Trial Balance: Name of account Debit Credit Drawing account 2,000 Plant & machinery 1,00,000 Furniture & fixture 12,000 Capital account 1,70,000 Read More …
Question 15 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 15 Chapter 9 – Unimax Publications of Class 11 A businessman prepares the following trial balance wrongly. You are required to prepare the trial balance stating the reasons in brief: Particulars ₹ Particulars ₹ Opening stock 25,000 Capital Read More …
Question 14 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 14 Chapter 9 – Unimax Publications of Class 11 Name of account Debit Credit Cash in hand 1,980 Cash at bank 15,260 Purchases 81,350 Sales 2,17,560 Return inwards 1,360 Return outwards 1,900 Read More …
Question 13 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 13 Chapter 9 – Unimax Publications of Class 11 The following is the trial balance prepare by an unexperienced book-keeper. Redraft it in a correct from and given necessary working notes: Particulars ₹ Particulars ₹ Capital 15,000 Drawings Read More …
Question 12 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 12 Chapter 9 – Unimax Publications of Class 11 The following is the Trial Balance of Sardar Durlabh Singh. It adds up to the same total on both side. Is it correct? The Trial Balance of Sardar Durlabh Read More …
Question 11 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 11 Chapter 9 – Unimax Publications of Class 11 The following Trial Balance has been prepare by a newly appointed accountant. You are required to prepare the Trial Balance in a correct from: S. No. Name of A/c Read More …
Question 10 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 10 Chapter 9 – Unimax Publications of Class 11 From the following balance prepare, Trial Balance as on march 30, 2023. Ledger A/c ₹ Sales 1,20,000 Capital 15,000 Creditors 40,000 Adjustment purchases 60,000 Fixed Liabilities 18,000 Debtors 20,000 Read More …
Question 9 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 9 Chapter 9 – Unimax Publications of Class 11 From the following balances, prepare Trial Balance as on march 31st 2023. Ledger A/c ₹ Cost of goods sold 3,00,000 Closing stock 80,000 Bills receivable 1,20,000 Bills payable 60,000 Building Read More …
Question 8 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 8 Chapter 9 – Unimax Publications of Class 11 Following are the Ledger Balance of Rupinder on 31st march,2023: ₹ ₹ Sundry debtors (Dr.) 79,300 Bills payable 1,48,600 Sundry creditors (Cr.) 1,36,500 Interest on loan 10,000 Read More …
Question 7 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 7 Chapter 9 – Unimax Publications of Class 11 Prepare a Trial balance from the following balance taken from the books of Ravi traders on 30th June, 2023. ₹ ₹ Capital account 1,25,000 Sales 1,54,500 Furniture Read More …
Question 6 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 6 Chapter 9 – Unimax Publications of Class 11 From the following trial balance containing some errors, prepare correct trial balance: ₹ ₹ Sundry debtors 4,10,000 Stock (1.4.2023) 2,30,000 Sundry creditors 80,000 Premises 12,00,000 Rent and Read More …
Question 5 Chapter 9 – Unimax Publications of Class 11
Advertisement Question No 5 Chapter No 9 – Unimax Class 11 The following are the balance extracted from the books of Mr. Hemant Gupta as on 30th June 2023. Prepare a Trial Balance. Name of A/c ₹ Name of A/c Read More …
Question 4 Chapter 9 – Unimax Publications of Class 11
Advertisement Question No 4 Chapter No 9 – Unimax Class 11 Prepare a trial balance from the following: Head of A/c Debit Credit Cash A/c 2,25,000 41,800 Capital A/c 2,00,000 Bank A/c 10,000 Purchases A/c 32,000 Furniture Read More …
Question 2 Chapter 9 – Unimax Publications of Class 11
Advertisement 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 Read More …
Question 1 Chapter 9 – Unimax Publications of Class 11
Advertisement Question 1 Chapter 9 – Unimax Publications of Class 11 Enter the following transactions in the ledger of Mr. Suresh and prepare a trial balance as on January, 2023 ₹ Jan.1 Started business with cash 80,000 Jan.3 Read More …
Question 27 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 27 Chapter 7 – Unimax Publications of Class 11 27. Record the following transactions in a petty cash book drawn with a suitable column and balance the same: 2023 Jan.1 Paid cashier is given a monthly Read More …
Question 25 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 25 Chapter 7 – Unimax Publications of Class 11 25. Prepare an analytical petty cash book on the Imprest system from the following: 2023 ₹ Jan.1 Received ₹10,000 for petty cash Jan.2 Paid bus fare 50 Read More …
Question 24 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 24 Chapter 7 – Unimax Publications of Class 11 24. From the following particulars, prepare a petty cash book for the month of April 2023: 2023 ₹ Apr.1 Drew for petty cash 5,000 Apr.3 Paid for postage Read More …
Question 23 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 23 Chapter 7 – Unimax Publications of Class 11 23. From the following information, you are required to prepare petty cash bool on the imprest system for the month of January 2023 Jan.1 Amount received from the cashier Read More …
Question 22 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 22 Chapter 7 – Unimax Publications of Class 11 22. From the following particulars, prepare a cash book. 2023 Feb.1 Balance f Cash in hand ₹ 20,000and Bank overdraft ₹5,000. Fed.4 Direct deposited by Mr X in Read More …
Question 21 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 21 Chapter 7 – Unimax Publications of Class 11 21. Enter the following transactions in the cash book with cash and bank columns. 2023 June 1 Balance of cash in hand ₹5,000. Bank (Cr.) ₹ 10,000. June Read More …
Question 20 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 20 Chapter 7 – Unimax Publications of Class 11 20. Enter the following transactions in a cash book. 2023 Mar.1 Commenced business with ₹2,00,000 of which₹ 50,000 were borrowed from Kumar. Mar.4 Opened current account with OBC Read More …
Question 19 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 19 Chapter 7 – Unimax Publications of Class 11 19. Enter the following transaction in the two-column cash book. 2023 ₹ Jan.1 Commenced business with cash 1,00,000 Feb.3 Deposited in the current account 60,000 Feb.4 Paid Sita Read More …
Question 18 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 18 Chapter 7 – Unimax Publications of Class 11 18. Prepare a two-column cash book from the following transaction of Shivam. 2023 ₹ Jan.1 Cash in hand 1,00,000 Jan.1 Cash in bank 1,20,000 Jan.3 Bought goods by Read More …
Question 17 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 17 Chapter 7 – Unimax Publications of Class 11 17. Make out the two-column cash book of M/S Varun and Virat from the following particulars: Mar.1 Cash in hand 2,600 Bank overdraft 900 Paid salaries for Read More …
Question 16 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 16 Chapter 7 – Unimax Publications of Class 11 16. Enter the following transaction in a two-column cash book: 2023 ₹ Feb.1 Cash in hand 6,300 Feb.1 Cash in bank 1,82,800 Feb.3 Discount a bill of ₹ Read More …
Question 15 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 15 Chapter 7 – Unimax Publications of Class 11 15. The transaction for the month of July 2023 of M/s Anand & Co. are furnished here as under you are requested to enter the same in an appropriated Read More …
Question 14 Chapter 7 – Unimax Publications of Class 11
Advertisement Question 14 Chapter 7 – Unimax Publications of Class 11 14. Prepare cash book from the following transactions of M/s. Ravi & Sons, Madras for the month of April 2023 and post them to the related ledger accounts: Apr.1 Read More …