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Question 7b Chapter 4 – Unimax Publications of Class 11

Question 7b Chapter 4 – Unimax Publications of Class 11

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Question 7b Chapter 4 – Unimax Publications of Class 11

7. (b) Journalise the following transaction in the books of Raj Kumar.
2021
Feb. 1 Paid Salary Rs. 5,000
Feb. 5 Received commission Rs. 2,000
Feb. 6 Received Rent Rs. 4,000.
Feb. 7 Paid interest on capital Rs. 4,000.
Feb. 8 Received interest on Drawings RS. 400.
Feb. 15 Paid wages Rs. 2,000 to Rahul.
Feb. 20 Paid Rs. 10,000 to Raman on account.

The solution of Question 7b Chapter 4 – Unimax Publications of Class 11:

JOURNAL OF RAJ KUMAR

DateParticularsL.F.DebitCredit
2021     
Feb. 1Salary A/cDr. 5,000 
 To Cash A/c   5,000
 (Being salary paid )    
      
Feb. 5Cash A/cDr. 2,000 
 To Commission A/c   2,000
 (Being commission received)    
      
Feb. 6Cash A/cDr. 4,000 
 To Rent A/c   4,000
 (Being rent received)    
      
Feb. 7Interest on Capital A/cDr. 4,000 
 To Capital A/c   4,000
 (Being interest provided on capital)    
      
Feb. 8Drawings A/cDr. 400 
 To interest on drawings A/c   400
 (Being interest provided)    
      
Feb. 15Wages A/cDr. 2,000 
 To Cash A/c   2,000
 (Being wages paid)    
      
Feb. 20Raman A/cDr. 10,000 
 To Cash A/c   10,000
 (Being cash paid to Roman)   

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.

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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