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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| 28 | Withdrawn for personal use | 20,000 |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| (Withdrawn for personal use) | ||||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 | |||||
APPEARS IN
संबंधित प्रश्न
Write the word, term, phrase, which can substitute the statement.
A credit balance to bank Account.
State whether the following statements are ‘True or False’ with reasons.
Balances of Nominal Accounts are carried forward to the next year.
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 ____________.
What is the balancing of an account?
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 |
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 |
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. |
