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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

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प्रश्न

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
खातेवही
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उत्तर

Journal of Mr. Dharma

Date Particulars L.F. Debit ₹ Credit ₹
2017
Aug. 1
Cash A/c ...........Dr.
To Dharma Capital A/c
(Business started with the capital)
  70,000
-
-
70,000
6 Cash A/c ...........Dr.
To Ganesan A/c
(Cash received from Ganesan)
  10,000
-
-
10,000
10 Rent A/c ........Dr.
To Cash A/c
(Rent paid by cash)
  3,000
-
-
3,000
20 Cash A/c .......Dr.
To Commission Received A/c
(Commission received from Anand)
  5,000
-
-
5,000

Ledger in the Books of Dharma

Cash Account

Dr.                                                                                                                       Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Aug. 1 To Dharma Capital A/c   70,000 Aug. 10 By Rent A/c   3,000
6 To Ganesh A/c   10,000 Aug. 31 By Balance c/d   82,000
20 To Commission A/c   5,000        
      85,000       85,000
Sep. 1 To Balance b/d   82,000        

Capital Account

Dr.                                                                                                           Cr.  

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Aug. 31 To Balance c/d   70,000 Aug. 1 By Cash A/c   70,000
      70,000       70,000
        Sep. 1 By Balance b/d   70,000

Ganesan Account

Dr.                                                                                                            Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Aug. 31 To Balance b/d   10,000 Aug. 6 By Cash A/c   10,000
      10,000       10,000
        Sep. 1 By Balance b/d   10,000

Rent Account

Dr.                                                                                                          Cr.  

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Aug. 10 To Cash A/c   3,000 Aug. 31 By Balance c/d   3,000
      3,000       3,000
Sep. 1 To Balance b/d   3,000        

Received Commission Account

Dr.                                                                                                       Cr.

Date Particulars J.F. Date Particulars J.F.
2017       2017      
Aug. 31 To Balance c/d   5,000 Aug. 20 By Cash A/c   5,000
      5,000       5,000
        Sep. 1 By Balance b/d   5,000
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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 2. | 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 debit balance to personal Accounts.


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


State whether the following statements are ‘True or False’ with reasons.
Balances of Nominal Accounts are carried forward to the next year.


Fill in the blank:
___________ accounts are closed by transferring its balances to Profit and Loss 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

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

Show the direct ledger postings for the following transactions:

2017 June Particulars
1 Raja commenced business with cash ₹ 50,000
6 Sold goods for cash ₹ 8,000
8 Sold goods to Devi on credit ₹ 9,000
15 Goods purchased for cash ₹ 4,000
20 Goods purchased from Shanthi on credit ₹ 5,000

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