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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account. 2016 June Particulars ₹ 1 Commenced business with cash 1,10,000 10 Introduced additional capital 50,000 28 Withdrawn for personal use 20,000

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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28 Withdrawn for personal use 20,000
रोजकीर्द नोंद
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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(Withdrawn for personal use)      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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पाठ 4: Ledger - Exercises [पृष्ठ ७८]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
पाठ 4 Ledger
Exercises | Q IV 6. | पृष्ठ ७८

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 credit balance to bank Account.


Select appropriate alternatives from those given below and rewrite the sentence.
In case of a credit transaction one of the account must be a …………….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 ?

What is debit balance?


What is credit balance?


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

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

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.

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