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Enter the following transactions in the books of Ganesan and post them into ledger. 2017 Oct Particulars ₹ 1 Started business

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प्रश्न

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
खातेवही
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उत्तर

Journal Entries in the Books of Ganesan

Date Particulars L.F. Debit ₹ Credit ₹
2017
Oct. 1
Cash A/c ......Dr.
To Ganesan's Capital A/c
(Business started with cash)
  25,000
-
-
25,000
5 Bank A/c .........Dr.
To Cash A/c
(Deposited into the bank)
  12,500
-
-
12,500
10 Furniture A/c .............Dr.
To Bank A/c
(Furniture purchased by cheque)
  2,000
-
-
2,000
15 Purchases A/c .......Dr.
To Cash A/c
(Cash purchase)
  5,000
-
-
5,000
19 Vasu A/c .......Dr.
To Sales A/c
(Credit sales to Vasu)
  4,000
-
-
4,000
22 Drawings A/c .....Dr.
To Purchase A/c
(Goods worth ₹ 500 taken for personal use)
  500
-
-
500

Cash Account

Dr.                                                                                                                                Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Oct. 1 To Ganesan's Capital A/c   25,000 Oct. 5 By Bank A/c   12,500
        15 By Purchase A/c   5,000
        28 By Balance c/d   7,500
      25,000       25,000
Nov. 1 To Balance b/d 7,500          

Ganesan’s Capital Account

Dr.                                                                                                            Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Oct. 31 To Balance c/d   25,000 Oct. 1 By Cash A/c   25,000
      25,000       25,000
        Nov. 1 By Balance b/d   25,000

Bank Account

Dr.                                                                                                                Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Oct. 5 To Cash A/c   12,500 Oct. 10 By Furniture A/c   2,000
        31 By Balance c/d   10,500
      12,500       12,500
Nov. 1 To balance b/d   10,500        

Furniture Account

Dr.                                                                                                          Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Oct. 10 To Bank A/c   2,000 Oct. 31 By Balance c/d   2,000
      2,000       2,000
Nov. 1 To Balance b/d   2,000        

Purchase Account

Dr.                                                                                                           Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Oct. 15 To Cash A/c   5,000 Oct. 22 By Drawings A/c   500
        31 By Balance c/d   4,500
      5,000       5,000
Nov. 1 To Balance b/d   4,500        

Sales Account

Dr.                                                                                                         Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Oct. 31 To Balance c/d   4,000 Oct. 19 By Vasu A/c   4,000
      4,000       4,000
        Nov. 1 By Balance b/d   4,000

Vasu Account

Dr.                                                                                                         Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Oct. 19 To Sales A/c   4,000 Oct. 31 By Balance c/d   4,000
      4,000       4,000
Nov. 1 To Balance b/d   4,000        

Drawing Account

Dr.                                                                                                      Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Oct. 22 To Purchase A/c   500 Oct. 31 By Balance c/d   500
      500       500
Nov. 1 To Balance b/d   500        
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पाठ 4: Ledger - Exercises [पृष्ठ ७९]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
पाठ 4 Ledger
Exercises | Q IV 8. | पृष्ठ ७९

संबंधित प्रश्‍न

Select appropriate alternatives from those given below and rewrite the sentence.
Real account always shows ____________ balance.


What is meant by posting?


What is credit balance?


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

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

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.


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

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.

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

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