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Question 4 Chapter 6 – Unimax Publications of Class 11 

Question 4 Chapter 6 – Unimax Publications of Class 11 

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Question 4 Chapter 6 – Unimax Publications of Class 11 

4. Enter the following transactions in Journal of Ravi and post them into ledger.
2023
June 1 Business commenced with cash Rs. 60,000 and furniture Rs. 7,000
June 8 Goods purchased from Anurag Rs. 7,000
Goods purchased for Cash Rs. 8,000
June 16 Cash paid to Anurag Rs. 6,900
Discount received Rs. 100

The solution of Question 4 Chapter 6 – Unimax Publications of Class 11 :

JOURNAL

DateParticulars L.F.DebitCredit
2023     
June 1Cash A/cDr. 60,000 
 Furniture A/cDr. 7,000 
 To Capital   67,000
 (Being Business started with Cash & Furniture)    
      
June 8Purchase A/cDr. 15,000 
 To Cash A/c   8,000
 To Anurag A/c   7,000
 (Being8,000 goods purchase for Cash and 7,000 from Anurag)    
      
June 16Anurag A/cDr. 7,000 
 To Cash A/c   6,900
 To Discount A/c   100
 (Being 6,900 paid to Anurag)   

LEDGER :

CASH ACCOUNT

DateParticularsAmountDate ParticularsAmount
June 1To Capital A/c60,000June 8By Purchase A/c8,000
   June 16By Anurag A/c6,900

FURNITURE A/C

DateParticularsAmountDate ParticularsAmount
June 1To Capital A/c7,000   

 CAPITAL A/C

DateParticularsAmountDate ParticularsAmount
   June 1By Cash A/c60,000
    By Furniture A/c7,000

PURCHASE ACCOUNT

DateParticularsAmountDate ParticularsAmount
June 8To Cash A/c8,000   
 To Anurag A/c7,000   

ANURAG A/C

DateParticularsAmountDate ParticularsAmount
June 16To Cash A/c6,900June 8By Purchase A/c7,000
June 16To Discount A/c100   

DISCOUNT A/C

DateParticularsAmountDate ParticularsAmount
   June 16By Anurag A/c100

End of Solution

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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

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.

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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