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प्रश्न
The following balances appeared in the books of Kumaran on April 1, 2017.
| Assets | ₹ | Liabilities | ₹ |
| Cash | 1,00,000 | Amount due to Anush | 40,000 |
| Stock | 40,000 | Kumaran’s capital | 1,20,000 |
| Amount due from Rohit | 10,000 | ||
| Furniture | 10,000 |
Find the capital and show the ledger posting for the above opening balances.
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उत्तर
Opening Entry
| Date | Particulars | L.F. | Debit ₹ | Credit ₹ |
| Cash A/c .........Dr. Stock A/c .......Dr. Rohit A/c .........Dr. Furniture A/c .........Dr. To Anush A/c To Capital Kumaran A/c (Balance of assets and liabilities brought forward) |
1,00,000 40,000 10,000 10,000 - - |
- - - - 40,000 1,20,000 |
Cash Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| April 1 | To Valance b/d | 1,00,000 | April 30 | By Balance c/d | 1,00,000 | ||
| 1,00,000 | 1,00,000 | ||||||
| May 1 | To Balance b/d | 1,00,000 |
Stock Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| April 1 | To Balance b/d | 40,000 | April 30 | By Balance b/d | 40,000 | ||
| 40,000 | 40,000 | ||||||
| May 1 | To Balance b/d | 40,000 |
Rohit (Debtors) Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| April 1 | To Balance b/d | 10,000 | April 30 | By Balance c/d | 10,000 | ||
| 10,000 | 10,000 | ||||||
| May 1 | To Balance b/d | 10,000 |
Furniture Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| April 1 | To Balance b/d | 10,000 | April 30 | By Balance c/d | 10,000 | ||
| 10,000 | 10,000 | ||||||
| May 1 | To Balance b/d | 10,000 |
Creditors Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| April 30 | To Balance c/d | 40,000 | April 1 | By Balance b/d | 40,000 | ||
| 40,000 | 40,000 | ||||||
| May 1 | To Balance b/d | 40,000 |
Kumaran’s Capital Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2017 | 2017 | ||||||
| April 30 | To Balance c/d | 1,20,000 | April 1 | By Balance b/d | 1,20,000 | ||
| 1,20,000 | 1,20,000 | ||||||
| 1,20,000 | May 1 | To Balance b/d | 1,20,000 |
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संबंधित प्रश्न
Write the word, term, phrase, which can substitute the statement.
The process of extracting the balance and inserting it on lesser side of an account.
Write the word, term, phrase, which can substitute the statement.
A debit balance to personal Accounts.
Write the word, term, phrase, which can substitute the statement.
A credit balance to bank Account.
The process of finding the net amount from the totals of debit and credit columns in a ledger is known as ____________.
What is debit balance?
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 |
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 |
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 |
