Question No 11 Chapter No 5 – D.K Goal Class 11

Question No 11 Chapter No 5

11. Journalise the following transactions

2018		Rs
Jan.1	Paid into the bank for opening a Current Account	10,000
Jan.3	Goods sold for 50,000 and the amount was deposited into the bank
Jan.7	Amount is withdrawn from the bank	20,000
Jan.10	Goods sold for Cash	15,000
Jan.12	Amount deposited into bank	12,000
Jan.14	Goods purchased and payment made by cheque.	25,000

 

The solution of Question No 11 Chapter No 5: –

In the Books of Hari Shankar & Co
Date	Particulars		L.F.	Debit	Credit
2019
Jan.1	Bank A/c	Dr.		10,000
	To Cash A/c				10,000
	(Being Payment made to open current account.)
Jan.3	Bank A/c	Dr.		50,000
	To Bank A/c				50,000
	(Being Goods sold and amount deposited into bank)
Jan.7	Cash A/c	Dr.		20,000
	To Bank A/c				20,000
	(Being Cash withdrawn from Bank)
Jan.10	Cash A/c	Dr.		15,000
	To Sales A/c				15,000
	(Being Goods sold for cash)
Jan.12	Bank A/c	Dr.		12,000
	To Cash A/c				12,000
	(Being Cash deposited into the bank.)
Jan.14	Purchases A/c	Dr.		25,000
	To Bank A/c				25,000
	(Being Goods purchased and payment made by cheque)

 

 

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Also, Check out the solved question of all Chapters: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

Chapter 1 Evolution of Accounting & Basic Accounting Terms

Chapter 2 Accounting Equations

Chapter 3 Meaning and Objectives of Accounting

Chapter 4 Double Entry System

Chapter 5 Books of Original Entry – Journal 

Chapter 6 Accounting for Goods and Service Tax (GST) (Coming soon)

Chapter 7 Books of Original Entry – Cash Book (Coming soon)

Chapter 8 Books of Original Entry – Special Purpose Subsidiary Books (Coming soon)

Chapter 9 Ledger (Coming soon)

Chapter 10 Trial Balance and Errors (Coming soon)

Chapter 11 Bank Reconciliation Statement (Coming soon)

Chapter 12 Depreciation (Coming soon)

Chapter 13 Bills of Exchange (Coming soon)

Chapter 14 Generally Accepted Accounting Principles(GAAP) 

Chapter 15 Bases of Accounting

Chapter 16 Accounting Standards and International Financial Reporting Standard(IFRS) (Coming soon)

Chapter 17 Capital and Revenue 

Chapter 18 Provisions and Reserves 

Chapter 19 Final Accounts (Coming soon)

Chapter 20 Final Accounts – With Adjustments (Coming soon)

Chapter 21 Errors and their Rectification (Coming soon)

Chapter 22 Accounts from Incomplete Records – Single Entry System (Coming soon)

Chapter 23 Accounts of Not-for-Profit Organisations (Coming soon)

Chapter 24 Computerised Accounting System (Coming soon)

Chapter 25 Introduction to Accounting Information System (Coming soon)