DK Goel Solutions Class 11: Chapter 9 Overview

Commerce

DK Goel Solutions Class 11: Chapter 9 Overview

Download Important Class 11 DK Goel Solutions for Chapter 9 - Books of Original Entry – Journal Free PDF

Journal refers to a physical record that contains all details of business transactions entered date-wise. There may be different kinds of journals for example - purchases journal, sales journal for high volume transactions, and a general journal to record lower volume transactions. All transactions after having been entered into a journal are then entered into the ledger. Journal is the basic source of information to track all financial transactions.

DK Goel Solutions based on this chapter help the students understand the concept well through solutions to questions given at the end of the chapter. These contain the correct way of answering the questions as expected by the examiners.

Important Components of DK Goel Solutions for Class 11 Chapter 9 – Books of Original Entry- Journal

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.

FAQs on DK Goel Solutions Class 11: Chapter 9 Overview

1. What is included in the DK Goel Solutions for Class 11 Accountancy Chapter 9 Books of Original Entry - Journal PDF?

The DK Goel Solutions for Class 11 Accountancy Chapter 9 PDF is a document containing solutions to the questions in Chapter 9 of the DK Goel book. These solutions have been provided by Vedantu in conjunction with experts in business and commerce. The chapter talks about Journals in the field of Accounting, thus, the questions are based on the same topic. The point of the questions is to test your knowledge of the chapter and see whether you've actually understood the topic. Vedantu has provided the solutions to these questions to aid in that understanding.

2. Is the DK Goel Solutions for Class 11 Accountancy Chapter 9 Books of Original Entry - Journal PDF free?

Yes, the DK Goel Solutions Class 11 Accountancy Chapter 9 PDF is completely free to download. This chapter deals with Journals in Accounting and it is an important part of the subject. That is why Vedantu has provided the DK Goel Solutions Class 11 Accountancy Chapter 9 Books of Original Entry Journal PDF for free. However, the registration of a Vedantu account is necessary to download this PDF. Signing up for Vedantu is free and simple; just sign up with your mobile number or email id and you can immediately begin your download!

3. How should I use the DK Goel Solutions Class 11 Accountancy Chapter 9 Books of Original Entry - Journal PDF to study?

The method of using the DK Goel Solutions for Chapter 9 of the Class 11 Accountancy portion is simple. The key thing to remember is that the answers given are not meant to be blindly copied, but they're meant to teach you how to solve the questions on your own. If you copy the answers you will get a perfect score for the questions but you won't get any learning benefits. Therefore, the right way to use these solutions is to keep them on hand to use as a guide. Solve the questions in Chapter 9 of the DK Goel book first. Then, compare your answers to the ones given so that you can see where you need to improve. This will allow you to learn how to solve the questions and will also tell you which areas you need to work harder at.

4. Where can I find more study material like the DK Goel Solutions Class 11 Accountancy Chapter 9 Books of Original Entry - Journal?

You can find more materials like the DK Goel Solutions for Class 11 Accountancy Chapter 9 Books of Original Entry Journal PDF by browsing through the Vedantu app or website. Since its inception in 2011, Vedantu has provided thousands of free materials for students to use during their studies. The DK Goel Class 11 Chapter 9 Solutions is just one of many materials available for free on the website. To find more solutions for the DK Goel books, you can click on Study Materials in the navigation menu and choose Popular Books Solutions from the drop-down menu. Then click on DK Goel Solutions and you will find an extensive list of solutions for all DK Goel books.

You can avail all the well-researched and good quality chapters, sample papers, syllabus on various topics from the website of Vedantu and its mobile application available on the play store.

5. What are the benefits of using DK Goel Solutions for Class 11 Accountancy Chapter 9 Books of Original Entry - Journal provided by Vedantu?

At Vedantu, we have always believed in fostering a healthy system of studying that encourages students to learn in a fun, holistic way. We believe that forcing students to study or practise without adequate guidance is counterproductive to the process of studying. That is why we have provided numerous free resources on the Vedantu website and app to aid students in their preparation. The DK Goel books are commonly used for practice, so we believe that students should have enough resources to self-evaluate after they practise solving the questions in their books. That is why we have provided the DK Goel Solutions for Class 11 Accountancy Chapter 9 Books of Original Entry Journal PDF.