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प्रश्न
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 |
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उत्तर
Journal of Mr. Dharma
| Date | Particulars | L.F. | Debit ₹ | Credit ₹ |
| 2017 Aug. 1 |
Cash A/c ...........Dr. To Dharma Capital A/c (Business started with the capital) |
70,000 - |
- 70,000 |
|
| 6 | Cash A/c ...........Dr. To Ganesan A/c (Cash received from Ganesan) |
10,000 - |
- 10,000 |
|
| 10 | Rent A/c ........Dr. To Cash A/c (Rent paid by cash) |
3,000 - |
- 3,000 |
|
| 20 | Cash A/c .......Dr. To Commission Received A/c (Commission received from Anand) |
5,000 - |
- 5,000 |
Ledger in the Books of Dharma
Cash Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| Aug. 1 | To Dharma Capital A/c | 70,000 | Aug. 10 | By Rent A/c | 3,000 | ||
| 6 | To Ganesh A/c | 10,000 | Aug. 31 | By Balance c/d | 82,000 | ||
| 20 | To Commission A/c | 5,000 | |||||
| 85,000 | 85,000 | ||||||
| Sep. 1 | To Balance b/d | 82,000 |
Capital Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| Aug. 31 | To Balance c/d | 70,000 | Aug. 1 | By Cash A/c | 70,000 | ||
| 70,000 | 70,000 | ||||||
| Sep. 1 | By Balance b/d | 70,000 |
Ganesan Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| Aug. 31 | To Balance b/d | 10,000 | Aug. 6 | By Cash A/c | 10,000 | ||
| 10,000 | 10,000 | ||||||
| Sep. 1 | By Balance b/d | 10,000 |
Rent Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| Aug. 10 | To Cash A/c | 3,000 | Aug. 31 | By Balance c/d | 3,000 | ||
| 3,000 | 3,000 | ||||||
| Sep. 1 | To Balance b/d | 3,000 |
Received Commission Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| Aug. 31 | To Balance c/d | 5,000 | Aug. 20 | By Cash A/c | 5,000 | ||
| 5,000 | 5,000 | ||||||
| Sep. 1 | By Balance b/d | 5,000 |
APPEARS IN
संबंधित प्रश्न
Write the word, term, phrase, which can substitute the statement.
A debit balance to personal Accounts.
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 ____________.
The amount brought into the business by the proprietor should be credited to __________.
What is debit balance?
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 |
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 |
Journalise the following transactions in the books of Vasu and post them to ledger accounts.
| 2017 Nov | Particulars |
| 1 | Cash in hand ₹ 1,00,000; Cash at bank: ₹ 30,000 |
| 2 | Vasu sold goods to Jothi for ₹ 25,000 against a cheque and deposited the same in the bank |
| 4 | Received as commission ₹ 5,000 |
| 8 | Bank paid ₹ 15,000 directly for the insurance premium of Vasu. |
| 15 | Cash deposited into bank ₹ 30,000 |
| 20 | Cash withdrawn from bank for personal use ₹ 45,000. |
Put ‘4’ mark for the nature of balance for the following.
| Account | Dr. Balance | Cr. Balance |
| 1. Capital A/c | ||
| 2. Goodwill | ||
| 3. Bank Overdraft | ||
| 4. Bills Receivable | ||
| 5. Creditors | ||
| 6. Drawings | ||
| 7. Advertisement | ||
| 8. Prepaid Rent | ||
| 9. Outstanding Salary | ||
| 10. Bad debts |
