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प्रश्न
Create an accounting equation on the basis of the following transactions:
- Started business with cash ₹ 80,000 and goods ₹ 75,000
- Sold goods to Shanmugam on credit for ₹ 50,000
- Received cash from Shanmugam in full settlement ₹ 49,000
- Salary outstanding ₹ 3,000
- Goods costing ₹ 1,000 given as charity
- Insurance premium paid ₹ 3000
- Out of insurance premium paid, prepaid is ₹ 500
खातेवही
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उत्तर
| Transaction | Assets | Capital ₹ | + Liabilities ₹ | |||||
| Cash ₹ | Stock ₹ | Debtors ₹ | Insurance Prepaid ₹ | |||||
| i. Started business with cash ₹ 80,000 and goods ₹ 75,000 | + 80,000 | + 75,000 | + 1,55,000 | |||||
| Equation | + 80,000 | + 75,000 | = | + 1,55,000 | ||||
| ii. Sold goods to Shanmugam on credit | − 50,000 | + 50,000 | ||||||
| Equation | + 80,000 | + 25,000 | + 50,000 | = | + 1,55,000 | |||
| iii. Cash from received Shanmugam in full settlement ₹ 49,000 | + 49,000 | − 50,000 | − 1,000 | |||||
| Equation | + 1,29,000 | + 25,000 | + 0 | = | + 1,54,000 | |||
| iv. Salary outstanding | − 3,000 | + 3,000 | ||||||
| Equation | + 1,29,000 | + 25,000 | + 0 | = | + 1,51,000 | + 3,000 | ||
| v. Goods costing ₹ 1,000 given as charity | − 1,000 | − 1,000 | ||||||
| Equation | + 1,29,000 | + 24,000 | + 0 | = | + 1,50,000 | + 3,000 | ||
| vi. Insurance premium paid | − 3,000 | − 3,000 | ||||||
| Equation | 1,26,000 | + 24,000 | + 0 | = | + 1,47,000 | + 3,000 | ||
| vii. Out of insurance premium paid, prepaid | − 500 | + 500 | ||||||
| Equation | 1,25,500 | + 24,000 | + 0 | + 500 | = | + 1,47,000 | + 3,000 | |
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