Question 8 Chapter 6 – Unimax Publications of Class 11

Question 8 Chapter 6 – Unimax Publications of Class 11


Question 8 Chapter 6 – Unimax Publications of Class 11

8. Pass the Journal entries and Prepare Mr. Ramesh account in the ledger:
March 1 Purchase goods for Cash from Ramesh Rs. 20,000
March 6 Purchase goods from Ramesh Rs. 8,000
March 10 Return goods to Ramesh Rs. 1,000
March 14 Amount deposited directly in Ramesh’s bank account Rs. 6,000
March 19 Goods purchased from Ramesh on credit at 10% T.D. Rs. 30,000
March 25 Paid to Ramesh by cheque 16,000 Discount Received Rs. 1,000
March 29 Paid to Suman as behalf of Ramesh Rs. 7,000

The solution of Question 8 Chapter 6 – Unimax Publications of Class 11:


DateParticulars L.F.DebitCredit
Mar. 1Purchase Account A/CDr. 20,000 
 To Cash Account A/C   20,000
 (Being purchased goods for cash from Ramesh)    
Mar. 6Purchase Account A/CDr. 8,000 
 To Ramesh A/C   8,000
 (Being purchased goods from Ramesh)    
Mar. 10Ramesh A/CDr. 1,000 
 To Purchase Returns account A/C   1,000
 ( Being returned goods to Ramesh)    
Mar. 14Ramesh A/CDr. 6,000 
 To Cash Account A/C   6,000
 (Being amount deposited directly in Ramesh’s bank account)    
Mar. 19Purchase Account A/CDr. 27,000 
 To Ramesh A/C   27,000
 (Being goods purchased at 10% Trade Discount)    
Mar. 25Ramesh A/CDr. 17,000 
 To Bank Account   16,000
 To Discount Received Account   1,000
 (Being cash paid to Ramesh and Discount received)    
Mar. 29Ramesh A/CDr. 7,000 
 To Cash Account   7,000
 (Being cash paid to Suman on behalf of Ramesh)   



DateParticularsAmountDate ParticularsAmount
2023  2023  
Mar. 10To Purchase Return Account1,000Mar. 4By Purchase Account6,000
Mar. 14To Cash Account6,000Mar. 19By Purchase Account27,000
Mar. 25To Bank Account16,000   
Mar. 25To Discount Received Account1,000   
Mar. 29To Cash Account7,000   
Mar. 31To balance c/d4,000   
  35,000  35,000
   Apr. 1By balance b/d4,000

End of Solution

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 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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