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Question 10 Chapter 4 – Unimax Publications of Class 11

Question 10 Chapter 4 – Unimax Publications of Class 11

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Question 10 Chapter 4 – Unimax Publications of Class 11

10. Journalise the following transactions in the books of Manish.
2021
Mar. 1 Started business with cash Rs. 3,00,000.
Mar. 4 Purchased goods Rs. 40,000 at C.D. 10%.
Mar. 8 Purchased goods Rs. 50,000 at 10% T.D.
Mar. 9 Purchased goods Rs. 40,000 from Ram
Mar. 15 Sold good Rs. 20,000 at 10% C.D.
Mar. 20 Sold good Rs.30,000 to Manish at
Mar. 22 Sold goods RS. 40,000 at 20% T.D. Particulars at 10% C.D.10% T.D. Amount received by Cheque.
Mar. 28 Purchased goods Rs. 50,000 at 10% C.D. and 10% T.D.
Mar. 30 Sold goods Rs. 60,000 at 20% T.D. and 20% C.D.

The solution of Question 10 Chapter 4 – Unimax Publications of Class 11:

JOURNAL OF MANISH

DateParticularsL.F.DebitCredit
2021     
Mar. 1Cash A/cDr. 3,00,000 
 To Capital A/c   3,00,000
 (Being business started with cash)    
      
Mar. 4Purchases A/cDr. 40,000 
 To Cash A/c   36,000
 To Discount received A/c   4,000
 (Being goods purchased at 10 % C.D.)    
      
Mar. 8Purchases A/cDr. 45,000 
 To Cash A/c   45,000
 (Being goods purchased at 10% T.D)    
      
Mar. 9Purchases A/cDr. 40,000 
 To Cash A/c   36,000
 To Discount received A/c   4,000
 (Being goods purchased from Ram at 10 % C.D)    
      
Mar 15Cash A/cDr. 18,000 
 Discount received A/cDr. 2,000 
 To Sales A/c   20,000
 (Being goods sold at C.D )    
      
Mar. 20Bank A/cDr. 27,000 
 To Sales A/c   27,000
 (Being goods sold to Manisha at T.D 10 % )    
      
Mar. 22Cash A/cDr. 32,000 
 To Sales A/c   32,000
 (Being goods sold at 20 % T.D )    
      
Mar. 25Purchases A/cDr. 45,000 
 To Cash A/c   40,500
 To Discount received A/c   4,500
 (Being goods purchased at C.D & T.D )    
      
Mar 30Cash A/cDr. 38,400 
 Discount received A/cDr. 9,600 
 To Sales A/c   40,000
 (Being goods sold on S.D & T.D)   

End of Solution


Check Out the Solution of all questions for this chapter:

The solutions to all questions of Chapter No. 4 – Journal Unimax – Class 11 are shown as follows, click on the image of the question to get the solution.

Question 5a Chapter 4 – Unimax Publications of Class 11

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Question 13 Chapter 4 – Unimax Publications of Class 11

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Question 24 Chapter 4 – Unimax Publications of Class 11

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Question 36 Chapter 4 – Unimax Publications of Class 11

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Question 48 Chapter 4 – Unimax Publications of Class 11

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1. Comprehensive Solutions for All Chapters of Advanced Accountancy I Class 11 by Unimax

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2. Punjab School Education Board (PSEB) Solutions of Usha Publication.

If you’re a student enrolled in the Punjab School Education Board Class 11, it’s essential to explore a wide range of books to cover the syllabus thoroughly. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to a variety of writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.

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