Class 11 Accountancy Chapter 8 Worksheet (Journal)
Mastering the concepts of Class 11 Accountancy for Chapter 8 (Journal) requires extensive practice through worksheets.
We are providing worksheets prepared by expert CBSE teachers so that you can strengthen your exam preparation.
On this page, you can master journal entries through MCQs and practical problems like:
- Cash purchases
- Credit purchases
- Purchase return
- Cash sales
- Credit sales
- Sales return
- Discount allowed and discount received
- Trade discount
- Opening journal entry
- Depreciation
- Outstanding expenses
- Prepaid expenses
- Interest on drawings
- Interest on capital
Before you proceed, below are the quick details:
- Class: 11
- Subject: Accountancy
- Chapter Number: 8
- Chapter Name: Journal
Let's get started!
Class 11th - Accountancy (CBSE) MCQs
Q1. When the number
of accounts to be debited or credited is more than one, entry made for
recording the transaction is called _______ Journal Entry.
- Single
- Compound
- Normal
- Complex
Q2. Journal is a
book of :
- Original Entry
- Final Entry
- Cash entry
- Single Entry
Q3. Computer
Purchased for office is debited to:
- Office expenses Account
- Office Equipment Account
- Purchases Account
- Stock Account
Q4. Rent paid to
Landlord should be debited to:
- Rent Account
- Drawing Account
- Landlord Account
- Income Account
Q5. Pass journal entries for the following transactions:
| Date | Transaction Description | Amount (₹) |
|---|---|---|
| July 1 | Commenced business with cash | 6,00,000 |
| July 2 | Goods purchased from Vishal for cash | 40,000 |
| July 3 | Goods purchased from Naveen | 1,60,000 |
| July 4 | Goods returned to Naveen | 10,000 |
| July 8 | Goods sold to Abdul | 70,000 |
| July 12 | Abdul returned 10% of goods |
Q6. Journalise the following entries:
| Date | Transaction Description | Amount (₹) |
|---|---|---|
| January 1 |
Received cash from Krishna and
Discount allowed to him
|
18,800
1,200
|
| January 4 |
Paid cash to Mehak and
Discount received from her
|
6,800
200
|
| January 10 | Goods sold to Deepak | 50,000 |
| January 12 | Deepak returned goods | 4,000 |
| January 14 | Received cash from Deepak ₹45,000 in full settlement of this account. | |
| January 20 | Sold goods to George of the list price of ₹2,00,000 at 10% trade discount. | |
| January 23 | Purchased goods from Meenu of the list price of ₹40,000 at 15% trade discount. |
Q7. You are required to journalise the following transactions:
- Balances in the books of Rahul, a computer dealer on 1st April, 2017.
- Cash ₹500; Bank Overdraft ₹1,000; Debtors ₹7,000; Building ₹6,500.
- Computers ₹3,500.
- On the same day, he sold a computer, the book value of which was ₹2,000 for ₹1,950.
Q8. Pass Journal Entries for the following:
- Received ₹50,000 from Yogesh, which were written off as bad debts in the previous year.
- Salaries due to clerks ₹2,40,000.
- Out of the rent paid this year, ₹30,000 is related to next year.
- Provide 10% depreciation on furniture costing ₹80,000.
- Provide 6% interest on capital amounting to ₹10,00,000.
- Charge interest on drawings ₹5,000.
The End
See More:
Click here to access more Accountancy Class 11 educational content (worksheets, case studies, MCQs, sample papers, and more).
No comments:
Post a Comment