DK Goel Solutions Class 11 Accountancy Chapter 9

Further, journal entries questions for Class 11 with DK Goel Solutions consist of the following topics: 

1. Types of Questions: The type of questions that appear in the exams are clearly explained and demarcated in journal entries questions for Class 11 with Solutions (DK Goel). There are two types of questions related to Journal entries that can be asked in the exams: Very Short questions and Practical Questions.

2. Journal: Refers to a book of original entry where all financial transactions of a business are entered on the date that they take place.

3. Journalizing: This refers to the process of making entries in the Journals.

4. Advantages of maintaining journals: As journalizing requires entry to be made on the date of transaction there are no chances of missing out on any of the entries, thus ensuring error-free recording.

5. Limitations of journals: Since all entries are to be made in journals, the large volume of entries becomes a disadvantage.

6. Journal Narratives: This refers to descriptive information about transactions.

7. Ledger Folio (L.F): Refers to the ledger book page number. 

8. Compound Journal Entries: This refers to making multiple entries linked to an account on a particular date.

9. Opening Entries: This refers to the closing entries of the previous year that are brought forward.

10. Journal Entries: Journal entries questions for Class 11 with solutions (DK Goel) is a ready reckoner for all the components of journal entries. These components are Date, Particular Drawn, L.F., Amount Drawn, Amount Credited.

11. Journal Entry Format: DK Goel Solutions Class 11 Chapter 9 have a very high visual appeal to the students as they clearly elucidate the format of journal entries as follows.

12. Working Notes: Keeping in mind the rules of Journal entries, the methods of calculation have been mentioned at the end of each Journal entries question for Class 11 with solutions (DK Goel).  Such a step by step explanation for solving practical questions will help you in adopting a very methodical approach to solving practical Exercise questions.

Preparation Notes from DK Goel Solutions for Class 11 Accountancy Chapter 9 

Your prescribed Accountancy textbook should be the first resource that you must thoroughly read. Once you have understood the main concepts, you must download the Accountancy Class 11 Chapter 9 solutions PDF by Vedantu.  This is a very comprehensive resource to refer to for quick revision and solved practical journal entries.

• Make notes in your handwriting while preparing. This helps to consolidate what you have learned.

• Remember the golden rules for Journal entries.

• Refer to DK Goel Accountancy class 11 solutions chapter 9 -journal every two days for regular practice.

• Practise solving the questions given in the DK Goel book on your own first.

• Compare your answers to the ones given in the PDF on this page to see where you need to work harder.

Dk Goel Accountancy Class 11 Solutions for Chapter 9 serve as a ready reckoner for quick revision and contain all topics like Journal, Ledger Folio, various kinds of Journal entries and practical solved examples The working notes with each solution for practical questions will help you in understanding the details on the calculations  of the solutions.

There are several benefits to referring to the DK Goel Solutions for Class 11 Accountancy Chapter 9 Solutions while you study. The first benefit is that the solutions given have been provided by experts in Accounting and Business, so you can rest assured that the solutions are completely accurate. The second benefit is that these solutions will help you learn through a hands-on approach. Instead of only reading through your book (although that is important), you will be able to practise your skills and memorise information faster than by reading your books. That is why we recommend that you also write down your notes by hand, because it has been proven that writing down your notes aids in recollection.