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प्रश्न
Give journal entries and post them to cash account.
| 2016 June | Particulars | ₹ |
| 1 | Commenced business with cash | 1,10,000 |
| 10 | Introduced additional capital | 50,000 |
| 28 | Withdrawn for personal use | 20,000 |
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उत्तर
| Journal Entry | ||||
| Date | Particulars | L.F. | Debit ₹ | Credit ₹ |
| 2016 | ||||
| June 1 | Cash A/c ...Dr. | 1,10,000 | ||
| To Capital A/c | 1,10,000 | |||
| (Business commenced with capital) | ||||
| 10 | Cash A/c ...Dr. | 50,000 | ||
| To Capital A/c | 50,000 | |||
| (Additional capital introduced) | ||||
| 28 | Drawings A/c ...Dr. | 20,000 | ||
| To Cash A/c | 20,000 | |||
| (Withdrawn for personal use) | ||||
| Dr. |
Cash Account |
Cr. |
|||||
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2016 | 2016 | ||||||
| June 1 | To Capital A/c | 1,10,000 | June 28 | By Drawing A/c | 20,000 | ||
| 10 | To Capital A/c | 50,000 | 30 | By Balance c/d | 1,40,000 | ||
| 1,60,000 | 1,60,000 | ||||||
| June 1 | To Balance b/d | 1,40,000 | |||||
APPEARS IN
संबंधित प्रश्न
Write the word, term, phrase, which can substitute the statement.
A credit balance to bank Account.
Select appropriate alternatives from those given below and rewrite the sentence.
In case of a credit transaction one of the account must be a …………….account
Complete the following table:
| Land & Building | Real Account |
| Commission Received | ? |
If the total of the debit side of an account exceeds the total of its credit side, it means ____________.
What is meant by posting?
What is the balancing of an account?
Explain the procedure for balancing a ledger account.
Journalise the following transactions and post them to the ledger.
| 2016 Jan. | Particulars | ₹ |
| 1 | Started business with cash | 10,000 |
| 5 | Paid into bank | 5,000 |
| 7 | Purchased goods from Ram for cash | 1,000 |
Pass journal entries for the following transactions and post them to the ledger.
| 2017 Aug. | Particulars | ₹ |
| 1 | Dharma started business with cash | 70,000 |
| 6 | Cash received from Ganesan | 10,000 |
| 10 | Rent paid | 3,000 |
| 20 | Received commission from Anand | 5,000 |
The following balances appeared in the books of Vinoth on Jan 1, 2018
| Assets | ₹ | Liabilities | ₹ |
| Cash | 40,000 | Amount due to Vijay | 10,000 |
| Stock | 50,000 | ||
| Amount due from Ram | 20,000 | ||
| Machinery | 40,000 |
Pass the opening journal entry and post them to Vinoth’s Capital account.
