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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 |
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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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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.
What is meant by posting?
What is debit balance?
Explain the procedure for balancing a ledger account.
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 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. |
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 |
