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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| 28 | Withdrawn for personal use | 20,000 |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| (Withdrawn for personal use) | ||||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.
State whether the following statements are ‘True or False’ with reasons.
Balances of Nominal Accounts are carried forward to the next year.
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?
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 |
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.
Give Journal entries for the following transactions and post them to Cash a/c and Sales A/c.
| 2017 Aug. | Particulars | ₹ |
| 10 | Sold goods and cheque received but not deposited | 30,000 |
| 14 | Sold goods on credit to Gopi | 12,000 |
| 20 | Received cash from Gopi | 12,000 |
Enter the following transactions in the books of Ganesan and post them into ledger.
| 2017 Oct | Particulars | ₹ |
| 1 | Started business with cash | 25,000 |
| 5 | Deposited into bank | 12,500 |
| 10 | Purchased furniture and payment by cheque | 2,000 |
| 15 | Goods purchased for cash | 5,000 |
| 19 | Sold goods to Vasu on credit | 4,000 |
| 22 | Goods worth has taken for personal use | 500 |
Prepare Anand’s account from the following details.
| 2017 July | Particulars | ₹ |
| 1 | Credit balance of Anand’s A/c | 4,000 |
| 15 | Amount paid to Anand | 2,000 |
| 18 | Goods purchased from Anand on credit | 8,000 |
| 20 | Paid to Anand | 3,960 |
| Discount allowed by him | 40 | |
| 25 | Goods purchased from Anand | 5,000 |
