Question 17 Chapter 6 – Unimax Publications of Class 11

Question 17 Chapter 6 – Unimax Publications of Class 11

17. Enter the following in the journal and post them into the ledger.

2023		₹
Jan.1	Sandeep commenced business with cash	20,000
Jan.4	Purchases goods from Sohan	19,000
Jan.6	Sold goods for cash	8,000
Jan.9	Paid to Sohan on account	11,000
Jan.11	Returned goods to Sohan	1,000
Jan.12	Sold goods to Chaman Lal	4,700
Jan.14	Bought goods from B.D. Gupta	5,600
Jan.18	Chaman Lal returned goods	400
Jan.22	Sold goods to Ravinder subject to a trade discount of10%	3,000
Jan.24	Paid B.D. Gupta	2,500
Jan.29	Purchased stationery	300
Jan.31	Paid rent	450
Jan.31	Paid salaries	2,700

Table of Contents

The solution of Question 17 Chapter 6 – Unimax Publications of Class 11:

Journal

Date	Particulars		L.F.	Debit	Credit
2023
Jan.1	Cash A/c	Dr.		20,000
	To capital A/c				20,000
	(Being Sandeep commenced business with cash)
Jan.4		Dr.		19,000
	Purchases A/c
	To Sohan A/c				19,000
	(Being purchases goods from Sohan)

Jan.6	Cash A/c	Dr.		8,000
	To Sales A/c				8,000
	(Being sold goods for cash)

Jan.9	Sohan A/c	Dr.		11,000
	To cash A/c				11,000
	(Being paid to Sohan on account)

Jan.11	Sohan A/c	Dr.		1,000
	To Return outward A/c				1,000
	(Being return goods to Sohan)

Jan.12	Chaman Lal A/c	Dr.		4,700
	To Sales A/c				4,700
	(Being sold goods to Chaman Lal)

Jan.14	Purchases A/c			5,600
	To B.D. Gupta A/c				5,600
	(Being goods purchases from B.D. Gupta)

Jan.18	Return inward A/c			400
	To Chaman Lal A/c				400
	(Being Chaman Lal return goods)

Jan.22	Ravinder A/c			2,700
	To Sales A/c				2,700
	(Being goods sold to Ravinder)

Jan.24	B.D. Gupta A/c			2,500
	To Cash A/c				2,500
	(Being cash paid to B.D. Gupta)

Jan.29	Stationer A/c			300
	To cash A/c				300
	(Being purchases stationery)

Jan.31	Rent A/c			450
	To cash A/c				450
	(Being paid rent)

Jan.31	Salaries A/c			2,700
	To cash A/c				2,700
	(Being paid salaries)

Cash A/c

Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023				2023
Jan. 1	To Capital A/c		20,000	Jan.9	By Sohan A/c		11,000
Jan.6	To sales A/c		8,000	Jan.24	By B.D. Gupta A/c		2,500
				Jan.29	By Stationery A/c		300
				Jan.31	By Rent A/c		450
				Jan.31	By Salaries A/c		2,700

				Jan.31	By balance c/d		11,050

			28,000				28,000
feb.1	To balance b/d		11,050

Capital A/c

Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
				2023
				Jan.1	By cash A/c		20,000

Purchases A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023
Jan.4	To Sohan A/c		19,000
Jan.14	To B.D. Gupta A/c		5,600

Sales A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
				2023
				Jan.6	By Cash A/c		8,000
				Jan.12	By Chaman Lal A/c		4,700
				Jan.22	By Ravinder A/c		2,700

Sohan’s A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023				2023
Jan.9	To Cash A/c		11,000	Jan.4	By Purchases A/c		19,000
Jan.11	To Return outward A/c		1,000

Return outwards A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
				2023
				Jan.11	By Sohan A/c		1,000

Return Inward A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023
Jan.18	To Chaman Lal A/c		400

Chaman Lal A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023				2023
Jan.12	To sales A/c		4,700	Jan.18	By Return inwards A/c		400

B.D. Gupta A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023				2023
Jan.24	To Cash A/c		2,500	Jan. 14	By Purchases A/c		5,600

Ravinder’s A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023				2023
Jan.22	To Sales A/c		2,700

Stationery A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023				2023
Jan.31	To Cash A/c		300

Rent A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023				2023
Jan.31	To Cash A/c		450

Salaries A/c
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2023				2023
Jan. 31	To Cash A/c		2,700

End of Solution

Check Out the Solution of all questions for this chapter:

The solutions to all questions of Chapter No. 6 – Ledger Unimax – Class 11 are shown as follows, click on the image of the question to get the solution.

Question 1 Chapter 6 – Unimax Publications of Class 11

Question 2 Chapter 6 – Unimax Publications of Class 11

Question 3 Chapter 6 – Unimax Publications of Class 11

Question 4 Chapter 6 – Unimax Publications of Class 11

Question 5 Chapter 6 – Unimax Publications of Class 11

Question 6 Chapter 6 – Unimax Publications of Class 11

Question 7 Chapter 6 – Unimax Publications of Class 11

Question 8 Chapter 6 – Unimax Publications of Class 11

Question 9 Chapter 6 – Unimax Publications of Class 11

Question 10 Chapter 6 – Unimax Publications of Class 11

Question 11 Chapter 6 – Unimax Publications of Class 11

Question 12 Chapter 6 – Unimax Publications of Class 11

Question 13 Chapter 6 – Unimax Publications of Class 11

Question 14 Chapter 6 – Unimax Publications of Class 11

Question 15 Chapter 6 – Unimax Publications of Class 11

Question 16 Chapter 6 – Unimax Publications of Class 11

Question 17 Chapter 6 – Unimax Publications of Class 11

Question 18 Chapter 6 – Unimax Publications of Class 11

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.

Usha-Publication-class-11-min — Usha – Elements of Book-Keeping PSEB Class 11 Accounts- Solution

The solution of Question 17 Chapter 6 – Unimax Publications of Class 11:

Check Out the Solution of all questions for this chapter:

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

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

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