To solve Class 11 DK Goel Accounts Journal Q21, let's break down the solution into key steps:
1. Identifying the Transaction:
The first step in solving any journal entry is to identify the transaction given in the question. In this case, we need to look for the specific details provided in Q21.
2. Journal Entry:
Once the transaction is identified, we can proceed to make the journal entry. The journal entry should include the date, accounts debited, accounts credited, and the respective amounts.
3. Posting to Ledger Accounts:
After preparing the journal entry, the next step is to post the entry to the respective ledger accounts. We need to update the balances in the accounts affected by the transaction.
4. Calculating the Balances:
Once all the entries are posted to the ledger accounts, we need to calculate the new balances in each account by considering the debits and credits.
5. Preparation of Trial Balance:
Finally, we can prepare a trial balance to ensure that the total debits equal the total credits. This step helps in verifying the accuracy of the entries made in the journal and ledger accounts.
By following these steps, we can effectively solve Q21 from DK Goel Accounts Journal for Class 11. Remember to pay attention to the details of the transaction, accurately record the journal entry, post to ledger accounts, calculate balances, and prepare a trial balance for verification.