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Question 27 Chapter 4 – Unimax Publications of Class 11
27. Enter the following transactions in the books of Shrey.
2021
| July 1 Shrey commenced business with cash | 2,500 |
| July 2 Money deposited into bank | 1,000 |
| July 5 Bought furniture | 22,000 |
| July 7 Bought goods from Vikas | 80,000 |
| July 9 Sold goods to Bablu | 25,000 |
| July 12 Sold goods to Rajeev | 40,000 |
| July 15 Goods returned by Bablu | 6,000 |
| July 18 Cash received from Bablu | 19,000 |
| July 24 Cash received from Rajeev | 40,000 |
| July 28 Goods returned to Vikas | 4,500 |
| July 31 Cash paid to Vikas | 75,500 |
| July 31 Paid Rent | 4,500 |
The solution of Question 27 Chapter 4 – Unimax Publications of Class 11:
JOURNAL OF SHREY
| Date | Particulars | L.F. | Debit | Credit | |
| 2021 | |||||
| July 1 | Cash A/c | Dr. | 2,50,000 | ||
| To Shrey’s Capital A/c | 2,50,000 | ||||
| (Being commenced business with cash) | |||||
| July 2 | Bank A/c | Dr. | 1,00,000 | ||
| To Cash A/c | . | 1,00,000 | |||
| (Being money deposited into bank) | |||||
| July 5 | Furniture A/c | Dr. | 22,000 | ||
| To Cash A/c | 22,000 | ||||
| (Being furniture purchased) | |||||
| July 7 | Purchases A/c | Dr. | 80,000 | ||
| To Vikas’s A/c | 80,000 | ||||
| (Being bought goods from Vikas) | |||||
| July 9 | Bablu’s A/c | Dr. | 25,000 | ||
| To Sales A/c | 25,000 | ||||
| (Being sold goods to Bablu) | |||||
| July 12 | Rajeev’s A/c | Dr. | 40,000 | ||
| To Sales A/c | 40,000 | ||||
| (Being goods sold to Rajeev) | |||||
| July 15 | Sales Returns A/c | Dr. | 6,000 | ||
| To Bablu’s A/c | 6,000 | ||||
| (Being goods returned by Bablu ) | |||||
| July 18 | Maneesha’s A/c | Dr. | 19,000 | ||
| To Bablu’s A/c | 19,000 | ||||
| (Being cash received from Bablu) | |||||
| July 24 | Purchases A/c | Dr. | 40,000 | ||
| To Rajeev’s A/c | 40,000 | ||||
| (Being cash received from Rajeev) | |||||
| July 28 | Vikas’s A/c | Dr. | 4,500 | ||
| To Purchases Returns A/c | 4,500 | ||||
| (Being goods returned to Vikas) | |||||
| July 31 | Vikas’s A/c | Dr. | 75,500 | ||
| Rent A/c | 4,500 | ||||
| To Cash A/c | 80,000 | ||||
| (Being paid rent and paid to Vikas) | |||||
| Grand Total | 6,66,500 | 6,66,500 | |||
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
UnimaxSolutions.in 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.
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
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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