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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 | Bought goods for cash | 25,000 |
Jan.5 | Sold goods for cash | 10,500 |
Jan.7 | Bought goods for cash | 12,000 |
Jan.10 | Paid wages | 700 |
Jan.13 | Sold goods for cash | 5,000 |
Jan.15 | Sold goods to Rash meet | 1,500 |
Jan.16 | Bought goods on credit from Mukesh | 7,500 |
Jan.18 | Returned goods to Mukesh worth | 800 |
Jan.21 | Sold goods for cash | 3,500 |
Jan.23 | Paid electricity bill | 500 |
Jan.24 | Paid wages | 1,000 |
Jan.27 | Cash sales | 2,500 |
Jan.28 | Paid for advertisement | 900 |
Jan.30 | Paid rent | 100 |
Jan.31 | Paid wages | 1,000 |
The solution of Question 1 Chapter 9 – Unimax Publications of Class 11: –
Journal | |||||
Date | Particulars | L.F. | Debit | Credit | |
2023 | |||||
Jan.1 | Cash A/c | Dr. | 45,000 | ||
To Capital A/c | 45,000 | ||||
(Being started business with cash) | |||||
Jan.3 | Purchases A/c | Dr. | 25,000 | ||
To Cash A/c | 25,000 | ||||
(Being goods purchases for cash) | |||||
Jan.5 | Cash A/c | Dr. | 10,500 | ||
To Sales A/c | 10,500 | ||||
(Being goods sold for cash) | |||||
Jan.7 | Purchases A/c | Dr. | 12,000 | ||
To cash A/c | 12,000 | ||||
(Being purchases goods for cash) | |||||
Jan.10 | wages A/c | Dr. | 700 | ||
To Cash A/c | 700 | ||||
(Being wages paid) | |||||
Jan.13 | Cash A/c | Dr. | 5,000 | ||
To Sales A/c | 5,000 | ||||
(Being goods sales for cash) | |||||
Jan.15 | Rash meet A/c | Dr. | 1,500 | ||
To Sales A/c | 1,500 | ||||
(Being goods sold to Rash meet) | |||||
Jan.16 | Purchases A/c | Dr. | 7,500 | ||
To Mukesh’s A/c | 7,500 | ||||
(Being goods purchases from Mukesh) | |||||
Jan.18 | Mukesh A/c | Dr. | 800 | ||
To Purchases A/c | 800 | ||||
(Being goods returned to Mukesh) | |||||
Jan.21 | Cash A/c | Dr. | 3,500 | ||
To Sales A/c | 3,500 | ||||
(Being goods sold for cash) | |||||
Jan.23 | Electricity bill A/c | Dr. | 500 | ||
To cash A/c | 500 | ||||
(Being wages paid) | |||||
Jan.24 | Wages A/c | Dr. | 1,000 | ||
To Cash A/c | 1,000 | ||||
(Being wages paid) | |||||
Jan.27 | Cash A/c | Dr. | 2,500 | ||
To Sales A/c | 2,500 | ||||
(Being cash sales) | |||||
Jan.28 | Advertisement A/c | Dr. | 900 | ||
To Cash A/c | 900 | ||||
(Being cash paid for advertisement) | |||||
Jan.30 | Rent A/c | Dr. | 100 | ||
To Cash A/c | 100 | ||||
(Being rent paid) | |||||
Jan.31 | Wages A/c | Dr. | 1,000 | ||
To cash A/c | 1,00 | ||||
(Being wages paid) |
Ledger A/c
Dr. | Cash A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.1 | To Capital A/c | 45,000 | Jan.3 | By Purchases A/c | 25,000 | ||
Jan. 5 | To Sales A/c | 10,500 | Jan.7 | By Purchases A/c | 12,000 | ||
Jan.13 | To Sales A/c | 5,000 | Jan.10 | By Wages A/c | 700 | ||
Jan.21 | To Sales A/c | 3,500 | Jan.32 | By Electricity A/c | 500 | ||
Jan.27 | To Sales A/c | 2,500 | Jan.24 | By Wages A/c | 1,000 | ||
Jan.28 | By Advertisement A/c | 900 | |||||
Jan.30 | By Rent A/c | 100 | |||||
Jan.30 | By Wages A/c | 1,000 | |||||
Jan.31 | By Balance c/d | 25,300 | |||||
66,500 | 66,500 | ||||||
Feb.1 | To Balance b/d | 25,300 |
Dr. | Capital A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.31 | To Balance c/d | 45,000 | Jan.1 | By Cash A/c | 45,000 | ||
45,000 | 45,000 | ||||||
Feb.1 | By Balance b/d | 45,000 |
Dr. | Purchases A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.3 | To Cash A/c | 25,000 | Jan.31 | By Balance c/d | 44,500 | ||
Jan.7 | To Cash A/c | 12,000 | |||||
12,000 | To Mukesh’s A/c | 7,500 | |||||
44,500 | 44,500 | ||||||
Feb.1 | To Balance b/d | 44,500 |
Dr. | Sales A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.31 | To Balance c/d | 23,000 | Jan.5 | By Cash A/c | 10,500 | ||
Jan.13 | By Cash A/c | 5,000 | |||||
Jan.15 | By Rash meet A/c | 1,500 | |||||
Jan.21 | By Cash A/c | 3,500 | |||||
Jan.27 | By Cash A/c | 2,500 | |||||
23,000 | 23,000 | ||||||
Feb.1 | By Balance b/d | 23,000 |
Dr. | Cash A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.10 | To Cash A/c | 700 | Jan.31 | By Balance c/d | 2,700 | ||
Jan.24 | To Cash A/c | 1,000 | |||||
Jan.31 | To Cash A/c | 1,000 | |||||
2,700 | 2,700 | ||||||
Feb.1 | To Balance b/d | 2,700 |
Dr. | Rash meet A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.15 | To Sales A/c | 1,500 | Jan.31 | By Balance c/d | 1,500 | ||
1,500 | 1,500 | ||||||
Feb.1 | To Balance b/d | 1,500 |
Dr. | Mukesh’s A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.18 | To Purchases return A/c | 800 | Jan.16 | By Purchases A/c | 7,500 | ||
Jan.31 | To Balance c/d | 6,700 | |||||
7,500 | 7,500 | ||||||
Feb.1 | By Balance b/d | 6,700 |
Dr. | Purchases return A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.31 | To Balance c/d | 800 | Jan.18 | By Mukesh’s A/c | 800 | ||
800 | 800 | ||||||
Feb.1 | By Balance b/d | 800 |
Dr. | Electricity bill A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.23 | To Cash A/c | 500 | Jan.31 | By Balance c/d | 500 | ||
500 | 500 | ||||||
Feb.1 | To Balance b/d | 500 |
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Dr. | Rent A/c | Cr. | |||||
Date | Particulars | J.F. | Amount | Date | Particulars | J.F. | Amount |
Jan.30 | To Cash A/c | 100 | Jan.31 | By Balance c/d | 100 | ||
100 | 100 | ||||||
Feb.1 | To Balance b/d | 100 |
Trail Balance A/c | ||||
S. No. | Name of A/c | L.F. | Debit | Credit |
1 | Cash A/c | 25,300 | ||
2 | Capital A/c | 45,000 | ||
3 | Purchases A/c | 44,500 | ||
4 | Sales A/c | 23,000 | ||
5 | Wages A/c | 2,700 | ||
6 | Rash meet A/c | 1,500 | ||
7 | Mukesh A/c | 6,700 | ||
8 | Purchases return A/c | 800 | ||
9 | Electricity bill A/c | 500 | ||
10 | Advertisement A/c | 900 | ||
11 | Rent A/c | 100 | ||
Total | 75,500 | 75,500 |
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