DK Goel Solutions Chapter 9 Books of Original Entry - Journal

DK Goel Accountancy Class 11 Solutions Chapter 9 Books of Original Entry – Journal which are outlined by expert Accountancy teachers from the latest version of DK Goel Class 11 Accountancy books. We at BYJU’S provide DK Goel Solutions to assist students to comprehend all the theories in particular. There are numerous concepts in Accountancy, but the concepts of Trial Balance, Depreciation and Bank Reconciliation Statement (BRS) are required.

DK Goel Accountancy Class 11 Solutions – Chapter 9

Question 1

Prepare a journal for the following transaction of Vibha and Co.

2018
April 7

9

12

18

19

24

29

30

30

Sold goods for cash

Sold goods to Mani on credit

Received cash from Mani

Sold goods to Suri for cash

Sold goods to Suri on credit

Withdrew cash from office for personal use

Paid wages

Paid salary to Gopi

Received Commission

13,000

15,000

10,000

12,600

7,000

2,500

450

1,200

200

Solution

Journal for Vibha and Co.
Date Particular L.F Amount Dr. Amount Cr.
April 7 Cash A/c Dr.

To Sales A/c

(Goods sold for cash)

13,000 13,000
April 9 Mani Dr.

To Sales A/c

(Goods sold to Mani on credit)

15,000 15,000
April 12 Cash A/c Dr.

To Mani

(Goods received from Mani)

10,000 10,000
April 18 Cash A/c Dr.

To Sales A/c

(Goods sold for cash)

12,600 12,600
April 19 Suri Dr.

To Sales A/c

(Goods sold to Suri on credit)

7,000 7,000
April 24 Drawings A/c Dr.

To Sales A/c

(Withdrew amount for personal use)

2,500 2,500
April 29 Wages A/c Dr.

To Cash A/c

(Wages paid)

450 450
April 30 Salary A/c Dr.

To Cash A/c

(Salary paid)

1,200 1,200
April 30 Cash A/c Dr.

To Commission Received A/c

(Commission received)

200 200

Question 2

Record the following transactions in the journal of Vimal Bros.

2018
May 1

2

3

4

8

12

Commenced business with cash

Goods purchased from Monhan for cash

Goods purchased from Ajay

Goods returned to Ajay

Goods sold to Rajiv

Rajiv returned 10% of goods

5,00,000

50,000

1,20,000

5,000

40,000

Solution 

Journal of Vimal Bros.
Date Particular L.F Amount Dr. ₹ Amount Cr. ₹
2018

May 1

Cash A/c Dr. 5,00,000
    To Capital A/c

(Amount brought in by Vimal Bros. as capital)

5,00,000
May 2 Purchase A/c Dr.  50,000
    To Cash A/c

(Goods purchased from Mohan by cash)

50,000
May 3 Purchase A/c Dr.  1,20,000
    To Ajay A/c

(Goods purchased from Ajay)

1,20,000
May 4 Ajay  Dr.  5,000
  To Purchase Return A/c

(Goods return from Ajay)

5,000
May 8 Rajiv Dr.  40,000
  To Sale A/c

(Goods sold to Rajiv)

40,000
May 12 Sales Return A/c Dr.  4,000
  To Rajiv

(10% of goods sold to Rajiv returned by him: 10% of 40,000 = ₹4,000)

4,000
Total ₹ 7,19,000 7,19,000

Also Check: Chapter 10 Accounting for Goods and Service Tax

The above-provided solutions are considered to be the best solution for ‘DK Goel Solutions Accountancy Class 11 Chapter 9 – “ Books of Original Entry – Journal”. Stay tuned for updated Class 11 accountancy solutions.

2 Comments

  1. It’s very helpful sight for students

  2. I want to use this app for learning

Leave a Comment

Your email address will not be published. Required fields are marked *