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Question 25 Chapter 4 – Unimax Publications of Class 11

Question 25 Chapter 4 – Unimax Publications of Class 11

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Question 25 Chapter 4 – Unimax Publications of Class 11

25. Enter the following transactions in the books of Subham.
2021
May 1 Subham commenced business of furniture with a capital of Rs. 2,50,000 brought in cash
May 2 Purchased furniture for Rs. 10,000
May 4 Purchased furniture from Rajat for Rs. 15,000
May 6 Sold furniture for cash Rs. 12,000
May 7 Purchased Stationary Rs. 400
May 9 Sold furniture to Manas for Rs. 5,000
May 12 Sold furniture to Raghav for cash Rs. 11,000
May 17 Purchased furniture from Sahil for cash Rs. 14,000
May 18 Cash paid to Rajat Rs. 15,000
May 20 Purchased Computer for Rs. 20,000
May 22 Cash received from Manas Rs. 5,000
May 31 Paid salaries Rs. 5,500.

The solution of Question 25 Chapter 4 – Unimax Publications of Class 11:

BOOKS OF SUBHAM

DateParticularsL.F.DebitCredit
2021     
May 1Cash A/cDr. 2,50,000 
 To Subham’s Capital A/c   2,50,000
 (Being commenced business of furniture with cash)    
      
May 2Purchases A/cDr. 10,000 
 To Cash A/c.  10,000
 (Being purchased furniture)    
      
May 4Purchases A/cDr. 15,000 
 To Rajat’s A/c   15,000
 (Being purchased furniture from Rajat)    
      
May 6Cash A/cDr. 12,000 
 To Sales A/c   12,000
 (Being sold furniture for cash)    
      
May 7Stationery A/cDr. 400 
 To Cash A/c   400
 (Being purchased stationery)    
      
May 9Manas’s A/cDr. 5,000 
 To Sales A/c   5,000
 (Being sold furniture to Manas)    
      
May 12Cash A/cDr. 11,000 
 To Sales A/c   11,000
 (Being sold furniture to Raghav for cash)    
      
May 17Purchases A/cDr. 14,000 
 To Cash A/c   14,000
 (Being purchased furniture for cash)    
      
May 18Rajat’s A/cDr. 15,000 
 To Cash A/c   15,000
 (Being cash paid to Rajat)    
      
May 20Computer A/cDr. 20,000 
 To Cash A/c   20,000
 (Being computer purchased)    
      
May 22Cash A/cDr. 5,000 
 To Manas’s A/c   5,000
 (Being cash received from Manas)    
      
May 31Salaries A/cDr. 5,500 
 To Cash A/c   5,500
 (Being Salaries paid)    
 Grand Total 3,62,9003,62,900

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.

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