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प्रश्न
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 |
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उत्तर
Journal Entries
| Date | Particulars | L.F. | Debit ₹ | Credit ₹ |
| 2017 Aug. 10 |
Cash A/c ......Dr. To Sales A/c (Sold goods and cheques received but not deposited) |
30,000 - |
- 30,000 |
|
| 14 | Gopi A/c .....Dr. To Sales A/c (Sold goods for Gopi on credit) |
12,000 - |
- 12,000 |
|
| 20 | Cash A/c ...........Dr. To Gopi A/c (Cash received from Gopi) |
12,000 - |
- 12,000 |
Cash Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| Aug. 10 | To Sales A/c | 30,000 | Aug. 31 | By Balance c/d | 42,000 | ||
| 20 | To Gopi A/c | 12,000 | |||||
| 42,000 | 42,000 | ||||||
| Sep. 1 | To balance b/d | 42,000 |
Sales Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
|
Aug. 31 |
To Balance c/d | 42,000 | Aug. 10 | By Cash A/c | 30,000 | ||
| 14 | By Gopi A/c | 12,000 | |||||
| 42,000 | 42,000 | ||||||
| Sep. 1 | By Balance b/d | 42,000 |
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
State whether the following statements are ‘True or False’ with reasons.
Balances of Nominal Accounts are carried forward to the next year.
Complete the following table:
| Land & Building | Real Account |
| Commission Received | ? |
The process of finding the net amount from the totals of debit and credit columns in a ledger is known as ____________.
If the total of the debit side of an account exceeds the total of its credit side, it means ____________.
What is credit balance?
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.
Prepare Furniture A/c from the following transactions.
| 2016 Jan | Particulars | ₹ |
| 1 | Furniture in hand | 2,000 |
| 1 | Purchased furniture for cash | 4,000 |
| 30 | Sold furniture | 400 |
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 |
