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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 |
APPEARS IN
संबंधित प्रश्न
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.
_____________ is prepared to test arithmetical accuracy of Books of Accounts.
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 ____________.
The amount brought into the business by the proprietor should be credited to __________.
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 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 |
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 |
Put ‘4’ mark for the nature of balance for the following.
| Account | Dr. Balance | Cr. Balance |
| 1. Capital A/c | ||
| 2. Goodwill | ||
| 3. Bank Overdraft | ||
| 4. Bills Receivable | ||
| 5. Creditors | ||
| 6. Drawings | ||
| 7. Advertisement | ||
| 8. Prepaid Rent | ||
| 9. Outstanding Salary | ||
| 10. Bad debts |
