NIOS Class 10 Accountancy Chapter 6 Journal

NIOS Class 10 Accountancy Chapter 6 Journal Solutions to each chapter is provided in the list so that you can easily browse through different chapters NIOS Class 10 Accountancy Chapter 6 Journal and select need one. NIOS Class 10 Accountancy Chapter 6 Journal Question Answers Download PDF. NIOS Study Material of Class 10 Accountancy Notes Paper 224.

NIOS Class 10 Accountancy Chapter 6 Journal

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Also, you can read the NIOS book online in these sections Solutions by Expert Teachers as per National Institute of Open Schooling (NIOS) Book guidelines. These solutions are part of NIOS All Subject Solutions. Here we have given NIOS Class 10 Accountancy Chapter 6 Journal, NIOS Secondary Course Accountancy Solutions for All Chapters, You can practice these here.


Chapter: 6

Intext Questions 6.1

I. Complete the sentences stating the meaning of journal 

(i) Journal is a book of accounts in which ____________________. 

Ans: All transactions are recorded in chronological order.

(ii) Narration is the ___________________________. 

Ans: Explanation of journal entry.

(iii) Ledger folio column is used ________________________. 

Ans:  To record page number of ledger on which journal entry is posted.

II. Following statements about journal are incorrect, correct them: 

(i) Only cash transactions are recorded in the journal. 

Ans: All transactions are recorded in journal.

(ii) There is no other name for this journal.

Ans: Journal is also known as Day Book.

(iii) Every businessman big or small maintains one journal book.

Ans: Small businesses maintain one journal while big businesses maintain different special journals.

Intext Questions 6.2

Given below are some transactions. Write the names and types of accounts affected in the given debit and credit columns.

TransactionName of A/cType of A/cName of A/cType of A/c
(i) Purchased goods and paid by cheque.
(ii) Paid salary.
(iii) Cash received from Apoorva, a debtor.
(iv) Goods sold to Maya.
(v) Cash withdrawn for personal use.


TransactionName of A/cType of A/cName of A/cType of A/c
(i) Purchased goods and paid by cheque.PurchaseExpenseBankAsset
(ii) Paid salary.SalaryExpensesCashAsset
(iii) Cash received from Apoorva, a debtor.CashAssetApporvaAsset
(iv) Goods sold to Maya.MayaAssetSalesRevenue
(v) Cash withdrawn for personal use.DrawingCapitalCashAsset

Intext Questions 6.3

Multiple Choice Questions

(i) Purpose of preparing Journal is 

(a) To provide a date wise record of all the business transactions. 

(b) To know Profit or Loss of business. 

(c) To know financial position of business. 

(d) To ascertain cash availability on a particular date. 

Ans: (a) To provide a date wise record of all the business transactions.

(ii) Compound Journal entry is an entry which 

(a) Contains more than one debit. 

(b) Contains more than one credit.

(c) Contains more than one debit or credit or both. 

(d) Does not contain more than one debit or credit. 

Ans: (c) Contains more than one debit or credit or both.

(iii) Journal is also known as 

(a) Book of secondary entry. 

(b) Book of Primary entry. 

(c) Book of Primary and secondary entry. 

(d) None of the above.

Ans: (b) Book of Primary entry.

(iv) Journal can be classified as 

(a) Special Journal. 

(b) Journal Proper. 

(c) Special Journal and Journal Proper. 

(d) None of the above.

Ans: (c) Special Journal and Journal Proper.

(v) Narration of Journal entry is written in the column of 

(a) Date. 

(b) Particulars. 

(c) Dr amount. 

(d) Cr amount.

Ans: (b) Particulars.

Terminal Exercise

1. What is meant by a journal?

Ans: Journal is a book of accounts in which all day to day business transactions are recorded in a chronological order i.e. in the order of occurrence. Transactions when recorded in a journal are known as ‘entries’. It is the book in which transactions are recorded for the first time. Journal is also known as ‘Book of Original Record’ or ‘Book of Primary Entry’.

2. Why is a journal called ‘book of original records’?

Ans: A journal is often referred to as a “book of original records” because it serves as a primary source of recorded transactions or events. In accounting and finance, for example, a journal is where financial transactions are initially recorded in chronological order as they occur. These records are considered original because they are the first place where transactions are documented, providing a detailed account of the organisation’s financial activities.

3. Explain various steps in the process of journalising.

Ans: Following steps are taken while preparing a journal. 

(i) Identify the accounts: First of all the affected accounts of an accounting transaction are identified. 

For example: ‘Goods of `5000 sold for cash is a transaction. The affected accounts are Sales A/c and Cash A/c. 

(ii) Recognize the Account: Now the type of two accounts are ascertained i.e. as asset, liability, capital, expense or revenue. In the given example Cash A/c is an asset A/c and Sales A/c is a revenue A/c. 

(iii) Apply the rules of Debit and Credit: You have learnt the rules of Debit and Credit. Now ascertain which account is to be debited and which is to be credited. In our example, a sales account will be credited as sales (a revenue item) is increasing and cash A/c will be debited as cash (is an asset) is also increasing.

4. Explain the meaning of compound journal entries with an example.

Ans: The journal entries which you have learnt so far affect two accounts only. There can be entries that affect more than two accounts. Such entries are called ‘Compound’ or ‘Combined’ entries. A compound entry contains more than one debit or credit or both, for example:

(i) Cash paid for rent Rs. 2,000 and for salary Rs.4,000. 

(ii) The Affected accounts are Rent A/c which is to be debited and Salary A/c which is also to be debited as both are items of expense and are increasing. 

(iii) Cash A/c is to be credited as Cash A/c is an asset A/c and it decreases by the total of Salary and Rent paid.

Rent A/c                                     Dr.2,000
Salary A/c                                  Dr.Cash A/c4,000
(Cash paid for rent and salary)

5. Journalise the following transactions in the books of Arun.

2012Date:ParticularsAmount (Rs)
Apr. 1Commenced business with cash80,000
Apr. 3Paid into Bank50,000
Apr. 6Purchased goods for cash20,000
Apr. 9Purchased furniture and paid for it by cheque15,000
Apr. 14Sold goods to Neha18,000
Apr. 19Purchased goods from Nirmal24,000
Apr. 21Withdraw cash for private use8,000
Apr. 24Received cheque from Neha
Allowed her discount

Apr. 26Paid to Nirmal by cheque
She allowed discount

Apr. 27Sold Goods to Maya for cash80,000
Apr. 30Paid Telephone bill4,200

Ans: Journal Entry transactions in the books of Arun for the year 2012.

DateParticularsL.FDebit (Rs.)Credit (Rs.)
Apr. 1.2012Cash A/c                       Dr.   Capital A/c(Commenced business with cash)80,000
Apr. 3.2012Bank A/c                        Dr.   Cash A/c(Cash paid in the bank)50,000
Apr. 6.2012Purchase A/c                Dr.   Cash A/c(Purchased goods for cash)20,000
Apr. 9.2012Furniture  A/c                Dr.   Bank A/c(Purchased furniture and paid by  cheque)15,000
Apr. 14.2012Neha A/c                       Dr.  Sales A/c(Sold goods to Neha)18,000
Apr. 19.2012Purchased A/c               Dr.   Nirmal A/c(Goods purchased on credit)24,000
Apr. 21.2012Drawing A/c                   Dr.  Cash A/c(Withdraw cash for personal use)8,000
Apr. 24.2012Bank A/c                        Dr.Discount A/c                  Dr. Neha A/c (Cheque received from Neha and discount Allowed to her)17,600     400

Apr. 26.2012Nirmal A/c                     Dr.  Bank A/c  Discount A/c(Paid Nirmal by cheque and she allowed discount)17,000
Apr. 27.2012Sales A/c                       Dr. Cash A/c(Sold goods to Maya for cash)80,000
Apr. 30.2012Telephone Bill A/c          Dr. Bank A/c (Paid telephone bill)4,200

6. Journalise the following transactions in the journal of Mr. Ram Kumar.

Date:ParticularsAmount (Rs)
Commenced business with cash1,50,000
Purchased goods for cash1,00,000
Purchased goods from Mohan on credit26,000
Deposited into bank15,000
Purchased furniture72,000
Goods sold for cash7,000
Goods sold to Kaushik on credit5,000
Sale of old furniture3,500
Received from Kamal3,000
Paid salary3,100
Paid Rent4,200
Paid telephone bill1,800

Ans: The following transactions in the books of Mr. Ram Kumar.

DateParticularsL.FDebit (Rs.)Credit (Rs.)
Cash A/c                         Dr.    Capital A/c (Commenced business with cash)1,50,000
Purchase A/c                   Dr.   To cash A/c(Purchase goods for cash)1,00,000
Purchase A/c                   Dr.  Mohan A/c (Goods purchase on credit)26,000
Bank A/c                          Dr.   Cash A/c (Cash deposited into bank)15,000
Furniture                           Dr.    Cash A/c(Purchased furniture for cash) 72,000
Sales A/c                         Dr.  Cash A/c (Goods sold for cash)7,000
Kaushik A/c                     Dr.  Sales A/c (Goods sold to Kaushik on credit)5,000
Sales                               Dr.  Furniture a/c(Sold old furniture)3,000
Cash A/c                          Dr.  Kamal A/c (Received from Kamal)3,500
Salary A/c                        Dr.  Cash A/c(Paid salary)3,100
Rent A/c                          Dr.  Cash A/c(Rent paid)4,200
Telephone bill A/c             Dr.  Cash A/c (Telephone bill paid)1,800

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