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प्रश्न
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| 28 | Withdrawn for personal use | 20,000 |
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उत्तर
| Journal Entry | ||||
| Date | Particulars | L.F. | Debit ₹ | Credit ₹ |
| 2016 | ||||
| June 1 | Cash A/c ...Dr. | 1,10,000 | ||
| To Capital A/c | 1,10,000 | |||
| (Business commenced with capital) | ||||
| 10 | Cash A/c ...Dr. | 50,000 | ||
| To Capital A/c | 50,000 | |||
| (Additional capital introduced) | ||||
| 28 | Drawings A/c ...Dr. | 20,000 | ||
| To Cash A/c | 20,000 | |||
| (Withdrawn for personal use) | ||||
| Dr. |
Cash Account |
Cr. |
|||||
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2016 | 2016 | ||||||
| June 1 | To Capital A/c | 1,10,000 | June 28 | By Drawing A/c | 20,000 | ||
| 10 | To Capital A/c | 50,000 | 30 | By Balance c/d | 1,40,000 | ||
| 1,60,000 | 1,60,000 | ||||||
| June 1 | To Balance b/d | 1,40,000 | |||||
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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.
Fill in the blank:
___________ accounts are closed by transferring its balances to Profit and Loss Account.
Complete the following table:
| Land & Building | Real Account |
| Commission Received | ? |
If the total of the debit side of an account exceeds the total of its credit side, it means ____________.
What is credit balance?
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 |
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.
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. |
