CLASS 11th BOOK KEEPING & ACCOUNTANCY

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Class 11 Chapter 3 - Journal Entry Solution 

  • Define journal entries and their importance in accounting. 

  • An overview of the chapter and the types of questions covered. 

  • Step-by-step solutions to sample journal entry questions. 
     

Class 11 Chapter 4 - Ledger Accounts 

  • Concept of ledger accounts and their importance in accounting. 

  • An overview of the chapter and the types of questions covered. 

  • Step-by-step solutions to sample ledger account questions. 


Class 11 Chapter 5 - Subsidiary Book Solution 

  • Define subsidiary books and their role in accounting. 

  • An overview of the chapter and the types of questions covered. 

  • Step-by-step solutions to sample subsidiary book questions. 


Class 11 Chapter 6 - Bank Reconciliation Statement 

  • Importance of bank reconciliation statements in accounting. 

  • An overview of the chapter and the types of questions covered. 

  • Step-by-step solutions to sample bank reconciliation statement questions. 
     

Class 11 Chapter 7 - Depreciation 

  • Define depreciation and its role in accounting. 

  • An overview of the chapter and the types of questions covered. 

  • Step-by-step solutions to sample depreciation questions. 

  

Class 11 Chapter 8 - Rectification of Errors Solution in Accounting Journal Entry 

  • Discuss the importance of identifying and correcting errors in accounting. 

  • An overview of the chapter and the types of questions covered. 

  • Step-by-step solutions to sample rectification of errors questions. 


Class 11 Chapter 9 - Final Account of Proprietary Concern 

  • Define proprietary concerns and their role in accounting. 

  • An overview of the chapter and the types of questions covered. 

  • Step-by-step solutions to sample proprietary concern questions. 

  

 
 

Maharashtra board Class 11th Accounting Solution for chapter 3 Journal Entry 

Welcome to the world of accounting where we keep track of all financial transactions in a systematic manner. Journal entry is the first step in the accounting cycle where we record all the transactions in a chronological order in a journal book. In this article, we will discuss the solutions to the journal entry problems given in chapter 3 of the Maharashtra board Class 11th accounting textbook. 
 

1. Journalize the following transactions in the books of Anand General Merchants.  

2. Journalize the following transactions in the books of Gajanan.  

3. Journalize the following transactions in the books of Ashok General Stores.  

4. Journalize the following transactions in the books of Sanjay General Stores.  

5. Journalize the following transactions in the books of Kunal Stores.  

6. Journalize the following transactions in the books of Nina General Stores.  

7. Journalize the following transactions in the books of Varun.  

8. Journalize the following transactions in the books of Dhoni Auto Car Centre.  

9. Journalize the following transactions in the books of Hero Enterprises.  

10. Journalize the following transactions in the books of Harbhajan & Co. for the month of 1st April 2019. All this chapter solutions are given for free with explanation.  

 
 
 

Chapter 4 of Maharashtra Board Class 11th Accounting textbook deals with ledger accounts, which are a systematic way of recording and summarizing all the transactions of a business. In this chapter, students learn how to create ledger accounts and how to post transactions to these accounts. 

Q.1 Give Journal entries of the following posting from the ledger account. 
 

Q.2 Prepare necessary ledger account from the following Subsidiary Books. 

Q.3 From the following Transactions prepare necessary Ledger accounts in the Books of Vinay and balance the same. 

Q.4 Journalise the following transactions and prepare cash account only. 

Q.5 Prepare Aparna's account in the books of Suparna. 

6. Prepare Cash A/c, Bank A/c, Purchase A/c, sales A/c and Capital A/c, and balance the same in the books of Mandanlal. 

7. Journalise the following transactions; post them into Ledger for February 2019. 
 

 
 

8. Journalise the following transactions and prepare ledger accounts in the books of Sanjeev. 

  

 
 

  

Chapter 5 of Maharashtra Board Class 11th Accounting textbook covers subsidiary books, which are special books used to record transactions of a specific type in a business. These books help to maintain a systematic record of transactions, making it easier to post to ledger accounts and prepare financial statements. 

 
 

Q.1 Prepare a two column Cash Book with the help of following information for January 2018. 

Q.2 Prepare two column Cash Book from the following transaction for the year July 2018. 

Q.3 Record the following transaction in Cash Book of m/s Kamal Traders. Balance for the month of July 2018: Cash in hand Rs.2,000 and Balance in Bank Current account. 

Q.4 Exercise 4: Prepare Analytical Petty Cash Book from the following transactions in the books of Swarali General Stores, kolhapur. The imprest amount is Rs.1,500 received from main cashier. 

Q.5 From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha  Books Stall, Beed. 

6. Prepare proper Subsidiary Books and post them to the ledger from the following transactions for the month of February 2018. 

7. Enter the following transactions in the books of Vijay in Purchase Book, Sales Book, Purchase Return book, Sales return Book and Journal proper for the month of August 2018. 

8. Mr. Akash gives you the following information and asks you to prepare Purchase Book, Sales Book, Purchase Return Book and Sales Return Book for the month of January 2018. 

9. Enter the following transactions in the Subsidiary Book of Kamal Traders. 

10. Enter the following transactions in the Subsidiary books of Navyug Traders. 

Comments

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Student Reviews

This is very helpful for getting a solution.

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