CBSE Class 11 Accountancy Chapter 9 Ledger

 Book Back Questions with Video Solutions

In this article, you will find book back sums with solved video links to help you practice and understand the concept clearly.

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Learn CBSE Class 11 Accountancy Chapter 9: Ledger with detailed explanations and solved problems.

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Question 1: 

On 1st April 2021, Gopal started business with a capital of Rs.50,000. 

He made the following transactions:

April 03: Purchased goods from Rita: Rs. 20,000.

April 04: Cash paid to Rita: Rs. 10,000.

April 06: Goods sold to Rohit: Rs. 25,000.

April 08: Received cash from Rohit: Rs. 20,000.

April 12: Goods purchased from Rita: Rs. 12,000.

April 18: Cash paid to Rita: Rs. 20,000

April 25: Goods sold to Rohit: Rs. 10,000

April 30: Received cash from Rohit: Rs. 6,000

Journalize the above transactions and show the respective ledger accounts.

Video Solution:

Watch the detailed explanation video.

Question 2: 

Madan commenced business on 01 Jan 2021, introducing capital in cash of Rs. 100,000. 

His other transactions during the month were as follows:

Jan 01: Started business with cash Rs. 1,00,000

Jan 02: Bought goods for cash: Rs. 20,000

Jan 03: Sold goods for cash: Rs. 7,000

Jan 15: Sold goods to Shravan, Delhi, for Rs. 6,000

Jan 18: Bought goods on credit from Anurag Rs. 50,000

Jan 19: Goods returned to Anurag: Rs.5,000

Jan 20: Sold goods for cash: Rs.30,000

Jan 22: Paid electricity bill: Rs.1,000

Jan 28: Paid for telephone bill: Rs. 500

Jan 29: Paid rent Rs. 800

Jan 31: Paid wages Rs.3,000

Enter the above transactions in his books of account.

Question 3: 

Journalise the following transactions in the Journal of Rakesh, Delhi, and post them to the Ledger:

March 1: Started business with cash of Rs.200,000.

March 2: Opened bank account with SBI for Rs. 80,000.

March 4: Goods purchased from Raj, Jaipur (Rajasthan), for Rs.22,000.

March 5: Goods purchased for cash for Rs. 30,000.

March 8: Goods sold to Naman, Delhi Rs. 12,000.

March 10: Cash paid to Raj Rs. 22,000.

March 15: Cash received from Naman Rs. 11,700; discount allowed: Rs. 300.

March 16: Paid wages of Rs. 200.

March 18: Furniture purchased for office use for Rs. 5,000.

March 20: Withdrew from bank for personal use Rs. 4,000.

March 22: Issued cheque for rent Rs. 3,000.

March 23: Goods taken for household purposes. These goods were purchased from Raj for Rs. 2,000.

March 24: Drew cash from the bank for office use: Rs. 6,000.

March 26: Commission received Rs.1,000.

March 27: Bank charges Rs. 300.

March 28: Cheque issued for insurance premium of proprietor, Rs. 3,000. 

March 29: Paid salary Rs. 10,000.

March 30: Cash sales Rs. 20,000.

Video Solution:

Watch the detailed explanation video.

Question 4: 

Journalise the following transactions in the books of Afzal, Kolkata, and post them to the ledger:

Jan 1: Started business with cash of Rs. 1,00,000.

Jan 3: Bought goods on credit from Gupta & Co., Delhi, for Rs. 20,000.

Jan 5: Cash sales Rs. 5,000.

Jan 8: Cash purchases Rs. 8,000.

Jan 10: Sold goods to Ahmed & Co., Lucknow, for Rs. 10,000.

Jan 11: Deposited cash in bank: Rs. 50,000.

Jan 13: Purchased a computer for the office for Rs. 20,000.

Jan 15: Took a loan from Mehboob for Rs. 70,000.

Jan 16: Goods returned by Ahmed & Co. Rs. 2,000.

Jan 17: Purchased furniture from Mehfil Mart, Kolkata, for Rs. 10,000.

Jan 18: Paid interest to Mehboob Rs. 2,000.

Jan 19: Received claim from Ahmed & Co. for defects in goods supplied to them. 

The claim was accepted and the rebate was allowed. Rs. 1,000.

Jan 22: Paid rent by cheque Rs. 2,000.

Jan 24: Withdrew from bank Rs. 20,000.

Jan 25: Sales of goods at the counter after allowing a trade discount of 10% for Rs. 10,000.

Jan 26: Goods purchased from Gupta & Co., Delhi were destroyed by accident: Rs. 10,000.

Jan 27: Advertisement expenses paid through bank Rs. 5,000.

Jan 28: Ahmed & Co. settled their account by cheque Rs. 7,000.

Jan 29: Paid the due amount to Gupta & Co. by cheque after availing a discount of Rs. 800. 

Jan 31: Sold old newspapers for Rs. 500.

Video Solution:

Watch the detailed explanation video Part 1

Watch the detailed explanation video Part 2

Question 5:

Enter the following transactions in the Journal of Gurman and post them to the Ledger:

April 1: Assets: Cash in Hand Rs 20,000; Cash at Bank Rs 35,000; Stock: Rs 15,000; Furniture: Rs 4,500 Debtors: Poonam Rs. 20,000; Sonu Rs. 10,000; Creditors: Ashok Rs 13,500; Pankaj Rs 21,500.

April 4: Purchased goods from Pankaj, Kolkata, for Rs. 5,000.

April 7: Paid Ashok by cheque in full settlement of his account Rs. 13,000.

April 10: Sold goods to Poonam, Delhi, for Rs.11,000.

April 12: Purchased goods from Ashok, Delhi, for Rs. 15,000.

April 15: Sold goods to Sonu Kanpur for Rs.6,000.

April 18: Received cheque from Poonam Rs.24,500; Allowed her a discount of Rs. 1,500

April 25: Paid for stationery Rs.1,200.

April 27: Paid telephone bill by cheque for Rs. 3,500.

April 30: Paid salaries of Rs. 6,000.

Video Solution:

Watch the detailed explanation video.

Question 6:

Suresh commenced business on 1st April, 2024, with a capital of Rs. 1,20,000 of which Rs. 60,000 was paid into his bank account and the balance retained as cash.

His other transactions during the month were as follows:

April 2: Bought office furniture for Rs. 20,000.

April 5: Purchased goods for Rs.16,000.

April 8: Purchased goods from Ramesh, Chandigarh, for Rs.11,000.

April 12: Sold goods to Sameer, Delhi, for Rs. 21,000.

April 13: Purchased stationery for cash Rs. 1,800.

April 13: Paid Ramesh in cash Rs.10,000; discount allowed by him Rs.1,000.

April 17: Withdrew cash for office use Rs. 4,000.

April 18: The Sen of Chandigarh sold goods to Suresh for Rs. 30,000.

April 19: Cash received from Sameer Rs. 20,000; allowed him a discount of Rs. 1,000.

April 20: Sold to Raj Banwari, Delhi, for Rs. 40,000.

April 28: Cash sales: Rs.1,400.

April 30: Paid salary by cheque Rs. 8,000.

April 30: Paid rent by cheque Rs. 5,000.

April 30: Paid cash into bank Rs. 4,000.

Journalise the above transactions and post them to the ledger.

Video Solution:

Watch the detailed explanation video.

Question 7:

The following balances appeared in the books of Ashok, Delhi on 1st April, 2021:

Assets: Cash Rs. 50,000; Stock Rs. 30,000; Debtors – Ram Rs. 50,000; Machinery Rs. 60,000.

Liabilities: Creditor—Rajesh Rs. 30,000.

The following transactions took place in April, 2021:

April 04: Sold goods for cash for Rs. 7,000.

April 06: Goods returned by Ram, Delhi Rs. 1,000.

April 10: Purchased goods from Rajesh, Jaipur (Rajasthan), of list price Rs. 10,000 for Rs. 9,000.

April 15: Bought goods at a list price of Rs. 15,000 from Rakesh, Kolkata, less a 10% trade discount and a 5% Cash discount and paid 40% of the price immediately.

April 20: Paid to Rajesh in full settlement of his proprietor Rs. 38,600.

April 25: Paid for the life insurance premium of the proprietor, Rs. 500.

April 30: Received a commission of Rs. 2,000.

Post journal the above transaction, post them into the ledger, and prepare the trial balance on 30th April, 2021.

Video Solution:

Watch the detailed explanation video.

Question 8:

On 1st April 2021, the following were Ledger balances of M/S. Ram & Co., Delhi:

Cash in hand: Rs.300; Cash at bank: Rs.7,000; Bills payable: Rs.1,000; Zahir (Dr): Rs.800; Stock: Rs.4,000.

Gobind (Cr): Rs. 2,000; Sharma (Dr): Rs. 1,500; Rahul (Cr): Rs. 900; Capital: Rs. 9,700.

Transactions during the month of April 2021 were:

April 02: Bought goods from Gobind, Delhi, for Rs. 900.

April 03: Sold goods to Sharma, Kanpur, for Rs. 1,000.

April 05: Bought goods from Rahul, Delhi, for Rs. 1,200.

April 08: Sold goods to Zahir, Kolkata, for Rs. 500.

April 15: Paid Gobind by cheque on account Rs. 1,500.

April 18: Received a cheque from Sharma for Rs. 2,000; allowed him a discount of Rs. 50.

April 20: Sold goods to Sharma, Kanpur, for Rs. 800.

April 20: Paid rent by cheque Rs. 200.

April 25: Sold goods to Zahir, Kolkata, for Rs. 1,000.

April 30: Paid salaries in cash Rs. 300.

Post the above transactions to the ledger and prepare the trial balance on 30th April, 2021.

Video Solution:

Watch the detailed explanation video.

Watch the Complete Chapter Playlist:

Learn CBSE Class 11 Accountancy Chapter 9: Ledger with detailed explanations and solved problems.

🔗 Access the Complete Playlist Here: Chapter 9 Ledger

Conclusion:

Practicing CBSE Class 11 Accountancy Chapter 9: Ledger questions regularly will strengthen your concepts, improve your accounting skills, and help you prepare confidently for your examinations.

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