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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 | |||||
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| 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 | |||||
| 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 |
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.
Question 9 Chapter 9 – Unimax Publications of Class 11
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1. Comprehensive Solutions for All Chapters of Advanced Accountancy I Class 11 by Unimax
UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy I Part 1 in Class 11. With their meticulously curated study material, students can access comprehensive solutions to all the questions included within each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 11 examinations.
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
2. Punjab School Education Board (PSEB) Solutions of Usha Publication.
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