Question 17 Chapter 6 – Unimax Publications of Class 11

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.

Jan.1Sandeep commenced business with cash20,000
Jan.4Purchases goods from Sohan19,000
Jan.6Sold goods for cash 8,000
Jan.9Paid to Sohan on account11,000
Jan.11Returned goods to Sohan1,000
Jan.12Sold goods to Chaman Lal4,700
Jan.14Bought goods from B.D. Gupta5,600
Jan.18Chaman Lal returned goods400
Jan.22Sold goods to Ravinder subject to a trade discount of10%3,000
Jan.24Paid B.D. Gupta2,500
Jan.29Purchased stationery300
Jan.31Paid rent450
Jan.31Paid salaries2,700

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


Date  ParticularsL.F.DebitCredit
Jan.1Cash A/cDr. 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.6Cash A/cDr. 8,000 
 To Sales A/c   8,000
 (Being sold goods for cash)    
Jan.9Sohan A/cDr. 11,000 
 To cash A/c   11,000
 (Being paid to Sohan on account)    
Jan.11Sohan A/c Dr. 1,000 
 To Return outward A/c   1,000
 (Being return goods to Sohan)    
Jan.12Chaman Lal A/cDr. 4,700 
 To Sales A/c   4,700
 (Being sold goods to Chaman Lal)     
Jan.14Purchases A/c  5,600 
 To B.D. Gupta A/c   5,600
 (Being goods purchases from B.D. Gupta)    
Jan.18Return inward A/c  400 
 To Chaman Lal A/c   400
 (Being Chaman Lal return goods)    
Jan.22Ravinder A/c  2,700 
 To Sales A/c   2,700
 (Being goods sold to Ravinder)    
Jan.24B.D. Gupta A/c  2,500 
 To Cash A/c   2,500
 (Being cash paid to B.D. Gupta)    
Jan.29Stationer A/c  300 
 To cash A/c   300
 (Being purchases stationery)    
Jan.31Rent A/c  450 
 To cash A/c   450
 (Being paid rent)    
Jan.31Salaries A/c  2,700 
 To cash A/c   2,700
 (Being paid salaries)     

Cash A/c

2023   2023   
Jan. 1To Capital A/c 20,000Jan.9By Sohan A/c  11,000
Jan.6To sales A/c 8,000Jan.24By B.D.  Gupta A/c 2,500
    Jan.29By Stationery A/c 300
    Jan.31By Rent A/c 450
    Jan.31By Salaries A/c 2,700
    Jan.31 By balance c/d 11,050
   28,000   28,000
feb.1To balance b/d 11,050    

Capital A/c

    Jan.1By cash A/c 20,000


Purchases A/c
Jan.4To Sohan A/c 19,000    
Jan.14To B.D. Gupta A/c 5,600    


Sales A/c
    Jan.6By Cash A/c 8,000
    Jan.12By Chaman Lal A/c 4,700
    Jan.22By Ravinder A/c 2,700


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


Return outwards A/c
    Jan.11By Sohan A/c 1,000


Return Inward A/c
Jan.18To Chaman Lal A/c 400    



Chaman Lal A/c
2023   2023   
Jan.12 To sales A/c 4,700Jan.18By Return inwards A/c 400


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


Ravinder’s A/c
2023   2023   
Jan.22To Sales A/c 2,700    


Stationery A/c
2023   2023   
Jan.31To Cash A/c 300    


Rent A/c
2023   2023   
Jan.31To Cash A/c 450    
Salaries A/c
2023   2023   
Jan. 31To 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.

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

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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