Journal Entries Class 11 (Part 2) 🔥 | Crack Every 6-Mark Question ✨

The 6-mark journal entry question decides your score. Most students lose marks here — not from ignorance, but from traps. This class kills every trap. Banking transactions. Drawings of cash vs goods. Depreciation. Year-end adjustments. Goods lost by fire. Bad debts recovered. The opening entry. All solved with the same Ramesh-Suresh-Mahesh continuity from Part 1 — real logic, zero rote memorization. Perfect for CBSE, ISC & State Board students who've mastered the basics and are ready for the questions that actually separate a 60% scorer from a 90% scorer. --- ⏱️ CHAPTERS / TIMESTAMPS 00:00 🔥 Introduction & Recap 06:31 🏦 SEGMENT A: Banking Operations — Deposits, Withdrawals, Cheques & Dishonour 28:16 👤 SEGMENT B: Drawings & Proprietor Transactions — Cash vs Goods, Interest Traps 58:00 ⚙️ SEGMENT C: Depreciation & Sale of Fixed Assets — Profit or Loss? 1:09:12 🕰️ SEGMENT D: Year-End Adjustments — O/S, Prepaid, Accrued (4-Way Matrix) 1:24:48 🔥 SEGMENT E: Goods Lost by Fire, Free Samples & Charity — One Rule, Every Case 1:39:00 🧾 SEGMENT F: Bad Debts Written Off & Recovered — The #1 Trap 1:46:03 ⚖️ SEGMENT G: Opening Journal Entry — Assets = Liabilities + Capital 1:50:23 📋 Thankyou! --- 🔥 WHAT YOU'LL WALK AWAY KNOWING • 🏦 Banking Operations — Cash deposits, withdrawals for office vs personal use, cheques deposited same-day vs later (Cheques-in-Hand), dishonoured cheques, and why "charged" means expense while "allowed" means income — never confuse these two again. • 👤 Drawings, Cracked — Why goods withdrawn for personal use are ALWAYS credited to Purchases A/c (never "Goods A/c," never "Sales A/c") — the exact trap that costs 70% of students their marks. Plus Interest on Capital vs Interest on Drawings, locked into memory for good. • ⚙️ Depreciation & Asset Sales — Depreciation as a non-cash expense, and the golden rule for profit/loss on sale: always compare selling price to book value, never original cost. • 🕰️ Year-End Adjustments, Simplified — One matrix for Outstanding Expenses, Prepaid Expenses, Accrued Income, and Income Received in Advance. Memory hack: if you owe someone, it's a liability; if someone owes you, it's an asset. • 🔥 The Universal Special Goods Rule — Fire, free samples, charity, drawings — four different scenarios, ONE identical credit: Purchases A/c. Only the debit changes based on why the goods left. • 🧾 Bad Debts, No Mistakes — Writing off irrecoverable debts, and the #1 exam trap in Bad Debts Recovered: why you must NEVER credit the original debtor's account again. • ⚖️ The Opening Entry — Bringing forward last year's balances using Assets = Liabilities + Capital, with Capital always as the balancing figure. --- 🎯 WHO SHOULD WATCH? ✅ Class 11 students who've finished Part 1 and want the advanced adjustments ✅ CBSE, ISC & State Board students prepping for the 6-mark journal question ✅ Commerce students who keep losing marks on Depreciation, Fire Loss, or Bad Debts Recovered ✅ Anyone tired of memorizing entries instead of understanding them --- 📚 FREE STUDY MATERIAL & CLASS NOTES PDF slides, formula sheets & solved worksheets on Telegram: 👉 https://t.me/LearnWithMohitOfficial --- 🎬 WATCH THE SERIES IN ORDER: • Part 1 (Basics & Golden Rules):    • Journal Entries for Class 11 (Part 1) ✨ | ...   • Part 2 (Special Adjustments & 6-Mark Questions): You are watching it! • Part 3 (GST Integration): Coming Soon! --- 📚 CLASS 11 ACCOUNTANCY FULL PLAYLIST 👉    • Class 11 Accountancy Zero to Hero | Chapte...   --- 👍 THIS CLASS JUST HANDED YOU FREE MARKS If this helped you crack the 6-mark question: LIKE 👍 | SUBSCRIBE 🔔 | SHARE 📚 💬 Which trap got you before this video — Goods Lost by Fire, Bad Debts Recovered, or the Opening Entry? Drop it below, I reply to every comment. --- Special Thanks: This video is possible because of the endless love and support from my brother and sister-in-law, Kunal Mathur and Harshita Mathur. Gratitude always. ❤️ --- #Class11Accountancy #JournalEntries #BankingTransactions #Depreciation #BadDebts #YearEndAdjustments #GoldenRulesOfAccounting #AccountingBasics #CBSEClass11 #Class11Accounts #AccountancyClass11 #Class11Commerce #TSGrewal #CommerceStudents #AccountingForBeginners