![Question 2 Chapter 9 – Unimax Publications of Class 11](https://unimaxsolutions.in/wp-content/uploads/2024/02/Slide2-6-1024x576.webp)
Question No 2 Chapter No 11
Journalise the following transactions in the books of Aggarwal & sons, Kolkata, 1st January 2023. Cash ₹ 2,400; X ₹ 2,400; Y ₹ 3,600; Z ₹ 3,600. Creditors. P ₹ 3,600; Q ₹ 6,000.
2023 | | ₹ |
Jan.1 | Goods sold to Mr. Red | 1,800 |
Jan.1 | Goods sold to Mr. White | 1,200 |
Jan.1 | Goods sold to Mr. Blue | 1,800 |
Jan.5 | Cash paid for Mr. Q | 1,200 |
Jan.15 | Cash received from Mr. Y in full settlement | 3,420 |
Jan.16 | Paid for charity | 300 |
Jan.16 | Paid for stationery | 420 |
Jan.16 | Paid to pages | 180 |
Jan.20 | Cash paid to Mr. P | 16,80 |
| And he allowed us discount | 120 |
Jan.21 | Goods sold to Mr. sky | 4,200 |
Jan.25 | Goods sold to Mr. earth after allowed him trade discount 10% | 270 |
Jan.27 | Cash received from Mr. sky in full settlement of his account | 4,020 |
Jan.28 | Allowed interest on capital @ 5% p.a. for one month | |
Jan.31 | Paid for salaries | 300 |
Jan.31 | Paid for rent | 600 |
Jan.31 | Closing stock | 6,000 |
The solution of Question No 2 Chapter No 9 – Unimax Class 11
Journal
Date | Particulars | | L.F. | Debit | Credit |
2023 | | | | | |
Jan.1 | Cash A/c | Dr. | | 12,000 | |
| Furniture A/c | Dr. | | 2,400 | |
| W’s A/c | Dr. | | 2,400 | |
| Building A/c | Dr. | | 36,000 | |
| X’s A/c | Dr. | | 2,400 | |
| Y’s A/c | Dr. | | 3,600 | |
| Z’s A/c | Dr. | | 3,600 | |
| To P’s A/c | | | | 3,600 |
| To Q’s A/c | | | | 6,000 |
| To Capital A/c | | | | 52,800 |
| (Being opening entry made) | | | | |
Jan.1 | Mr. Red’s A/c | Dr. | | 1,800 | |
| To Sales A/c | | | | 1,800 |
| (Being goods sold to Mr. Red) | | | | |
Jan.1 | Mr. White’s A/c | Dr. | | 1,200 | |
| To Sales A/c | | | | 1,200 |
| (Being goods sold to Mr. White) | | | | |
Jan.1 | Mr. Blue’s A/c | Dr. | | 1,800 | |
| To Sales A/c | | | | 1,800 |
| (Being goods sold to Mr. Blue) | | | | |
Jan.5 | Mr. Q’s A/c | Dr. | | 1,200 | |
| To Cash A/c | | | | 1,200 |
| (Being cash paid to Mr. Q) | | | | |
Jan.15 | Cash A/c | Dr. | | 3,420 | |
| Discount A/c | Dr. | | 180 | |
| To Mr. T’s A/c | | | | 3,600 |
| (Being cash received from Mr. Y and discount allowed) | | | | |
Jan.16 | Charity A/c | Dr. | | 300 | |
| To Cash A/c | | | | 300 |
| (Being paid for charity) | | | | |
Jan.16 | Stationery A/c | Dr. | | 420 | |
| Postage | Dr. | | 180 | |
| To Cash A/c | | | | 600 |
| (Being paid for stationery postages) | | | | |
Jan.20 | Mr. P’s A/c | Dr. | | 1,800 | |
| To Cash A/c | | | | 1,680 |
| To Discount A/c | | | | 120 |
| (Being cash paid to Mr. P and received) | | | | |
Jan.21 | Mr. sky’ A/c | Dr. | | 4,200 | |
| To Sales A/c | | | | 4,200 |
| (Being goods sold to Mr. sky) | | | | |
Jan.25 | Mr. Earth A/c | Dr. | | 243 | |
| To Sales A/c | | | | 243 |
| (Being goods sold to Mr. Earth) | | | | |
Jan.27 | Cash A/c | Dr. | | 4,020 | |
| Discount A/c | Dr. | | 180 | |
| To Mr. Sky’s A/c | | | | 4,200 |
| (Being cash received from Mr. Sky and discount allowed) | | | | |
Jan.28 | Interest on capital A/c | Dr. | | 2,240 | |
| To Capita A/c | | | | 2,240 |
| (Being allowed interest on capital) | | | | |
Jan.31 | Salaries A/c | Dr. | | 300 | |
| Rent A/c | Dr. | | 600 | |
| To cash A/c | | | | 900 |
| (Being salaries and rent paid) | | | | |
Cash A/c |
Date | Particular | J.F. | Amount | Date | Particular | J.F. | Amount |
Jan.1 | To balance b/d | | 12,000 | Jan.5 | By Mr. Q’s A/c | | 1,200 |
Jan. 15 | To Mr. Y’s A/c | | 3,420 | Jan.16 | By Charity A/c | | 300 |
Jan.27 | To Mr. Sky’s A/c | | 4,020 | Jan.16 | By Stationery A/c | | 420 |
| | | | Jan.16 | By Postage A/c | | 180 |
| | | | Jan.20 | By Mr. P’s A/c | | 1,680 |
| | | | Jan.31 | By salaries A/c | | 300 |
| | | | Jan.31 | By Rent A/c | | 600 |
| | | | Jan.31 | By Balance c/d | | 14,760 |
| | | 19,440 | | | | 19,440 |
Feb.1 | To Balance b/d | | 14,760 | | | | |
Dr. | Furniture A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Balance b/d | | 2,400 | | | | |
| | | | | | | |
| | | 2,400 | | | | |
Dr. | W’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Balance b/d | | 2,400 | | | | |
| | | | | | | |
| | | 2,400 | | | | |
Dr. | Building A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Balance b/d | | 3,600 | | | | |
| | | | | | | |
| | | 3,600 | | | | |
Dr. | X’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Balance b/d | | 2,400 | | | | |
| | | | | | | |
| | | 2,400 | | | | |
Dr. | Y’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Balance b/d | | 3,600 | Jan.15 | By Cash A/c | | 3,420 |
| | | | Jan.15 | By Discount Allowed A/c | | 180 |
| | | | | | | |
| | | 3,600 | | | | 3,600 |
Dr. | Z’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Balance b/d | | 3,600 | | | | |
| | | | | | | |
| | | 3,600 | | | | |
Dr. | P’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.20 | To Cash A/c | | 1,680 | Jan.1 | By Balance b/d | | 3,600 |
Jan.20 | To Discount received A/c | | 120 | | | | |
Jan.31 | To Balance c/d | | 1,800 | | | | |
| | | | | | | |
| | | 3,600 | | | | 3,600 |
| | | | Feb.1 | By Balance b/d | | 3,600 |
Dr. | Q’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.5 | To Cash A/c | | 1,200 | Jan.1 | By Balance b/d | | 6,000 |
Jan.31 | To Balance c/d | | 4,800 | | | | |
| | | | | | | |
| | | 6,000 | | | | 6,000 |
Dr. | Capital A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.31 | To Balance c/d | | 55,040 | Jan.1 | By Balance b/d | | 52,800 |
| | | | Jan.28 | By interest on capital A/c | | 2,240 |
| | | | | | | |
| | | 55,040 | | | | 55,040 |
| | | | Feb.1 | By Balance b/d | | 55,040 |
Dr. | Mr. Red’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Sales A/c | | 1,800 | Jan.31 | By Balance c/d | | 1,800 |
| | | | | | | |
| | | 1,800 | | | | 1,800 |
Feb.1 | To Balance b/d | | 1,800 | | | | |
Dr. | Sales A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.31 | To Balance c/d | | 9,243 | Jan.1 | By Mr. Red’s A/c | | 1,800 |
| | | | Jan.1 | By Mr. White’s A/c | | 1,200 |
| | | | Jan.1 | By Mr. Blue’s A/c | | 1,800 |
| | | | Jan.21 | By Mr. Sky’s A/c | | 4,200 |
| | | | Jan.25 | By Mr. earth’s A/c | | 243 |
| | | | | | | |
| | | 9,243 | | | | 9,243 |
| | | | Feb.1 | By Balance b/d | | 9,243 |
Dr. | Mr. white’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Sales A/c | | 1,200 | Jan.31 | By Balance c/d | | 1,200 |
| | | | | | | |
| | | 1,200 | | | | 1,200 |
Feb.1 | To Balance b/d | | 1,200 | | | | |
Dr. | Mr. Blue’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.1 | To Sales A/c | | 1,800 | Jan.31 | By Balance c/d | | 1,800 |
| | | | | | | |
| | | 1,800 | | | | 1,800 |
Feb.1 | To Balance b/d | | 1,800 | | | | |
Dr. | Discount allowed A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.15 | To Mr. Y’s A/c | | 180 | Jan.31 | By Balance c/d | | 360 |
Jan.27 | To Mr. Sky’s A/c | | 180 | | | | |
| | | | | | | |
| | | 360 | | | | 360 |
Feb.1 | To Balance b/d | | 360 | | | | |
Dr. | Charity A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.16 | To Cash A/c | | 300 | Jan.31 | By Balance c/d | | 300 |
| | | | | | | |
| | | 300 | | | | 300 |
Feb.1 | To Balance b/d | | 300 | | | | |
Dr. | Stationery A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.16 | To Cash A/c | | 420 | Jan.31 | By Balance c/d | | 420 |
| | | | | | | |
| | | 420 | | | | 420 |
Feb.1 | To Balance b/d | | 420 | | | | |
Dr. | Postage A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.16 | To Cash A/c | | 180 | Jan.31 | By Balance c/d | | 180 |
| | | | | | | |
| | | 180 | | | | 180 |
Feb.1 | To Balance b/d | | 180 | | | | |
Dr. | Discount received A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.31 | To Balance c/d | | 120 | Jan.20 | By Mr. P’s A/c | | 120 |
| | | | | | | |
| | | 120 | | | | 120 |
| | | | Feb.1 | By Balance b/d | | 120 |
Dr. | Mr. Sky’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.21 | To Sales A/c | | 4,200 | Jan.27 | By Cash A/c | | 4,020 |
| | | | Jan.27 | By Discount allowed A/c | | 180 |
| | | | | | | |
| | | 4,200 | | | | 4,200 |
Dr. | Mr. Earth’s A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.25 | To Sales A/c | | 243 | Jan.31 | By Balance c/d | | 243 |
| | | | | | | |
| | | 243 | | | | 243 |
Feb.1 | To Balance b/d | | 243 | | | | |
Dr. | Interest on capital A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.25 | To Capital A/c | | 2,240 | Jan.31 | By Balance c/d | | 2,240 |
| | | | | | | |
| | | 2,240 | | | | 2,240 |
Feb.1 | To Balance b/d | | 2,240 | | | | |
Dr. | Sales A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.31 | To Cash A/c | | 300 | Jan.31 | By Balance c/d | | 300 |
| | | | | | | |
| | | 300 | | | | 300 |
Feb.1 | To Balance b/d | | 300 | | | | |
Dr. | Rent A/c | Cr. |
Date | Particulars
| J.F. | Amount | Date | Particulars
| J.F. | Amount |
Jan.31 | To Cash A/c | | 600 | Jan.31 | By Balance c/d | | 600 |
| | | | | | | |
| | | 600 | | | | 600 |
Feb.1 | To Balance b/d | | 600 | | | | |
| Trail Balance A/c | | | |
S. No. | Name of A/c | L.F. | Debit | Credit |
1 | Cash A/c | | 14,760 | |
2 | Furniture A/c | | 2,400 | |
3 | W’s A/c | | 2,400 | |
4 | Building A/c | | 36,000 | |
5 | X’s A/c | | 2,400 | |
6 | Z’s A/c | | 3,600 | |
7 | P’s A/c | | | 1,800 |
8 | Q’s A/c | | | 4,800 |
9 | Capital A/c | | | 55,040 |
10 | Mr. Red’s A/c | | 1,800 | |
11 | Salaries A/c | | | 9,243 |
12 | Mr. White A/c | | 1,200 | |
13 | Mr. Blue A/c | | 1,800 | |
14 | Discount allowed A/c | | 360 | |
15 | Charity A/c | | 300 | |
16 | Stationery A/c | | 420 | |
17 | Postage A/c | | 180 | |
18 | Discount received A/c | | | 120 |
19 | Mr. Earth A/c | | 243 | |
20 | Interest on capital A/c | | 2,240 | |
21 | Salaries A/c | | 300 | |
22 | Rent A/c | | 600 | |
| Total | | 71,003 | 71,003 |