Double Entry Book Keepingts Grewal (2016) Solutions for Class 11 Commerce Accountancy Chapter 4 Ledger are provided here with simple step-by-step explanations. These solutions for Ledger are extremely popular among class 11 Commerce students for Accountancy Ledger Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Double Entry Book Keepingts Grewal (2016) Book of class 11 Commerce Accountancy Chapter 4 are provided here for you for free. You will also love the ad-free experience on Meritnation’s Double Entry Book Keepingts Grewal (2016) Solutions. All Double Entry Book Keepingts Grewal (2016) Solutions for class 11 Commerce Accountancy are prepared by experts and are 100% accurate.
Page No 8.30:
Question 1:
Answer:
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
Apr. 01 |
Cash A/c |
Dr. |
|
50,000 |
|
|
To Capital A/c |
|
|
|
50,000 |
|
(Business started with cash) |
|
|
|
|
|
|
|
|
|
|
Apr. 03 |
Purchases A/c |
Dr. |
|
20,000 |
|
|
To Rita’s A/c |
|
|
|
20,000 |
|
(Goods purchased from Rita on credit) |
|
|
|
|
|
|
|
|
|
|
Apr. 04 |
Rita’s A/c |
Dr. |
|
10,000 |
|
|
To Cash A/c |
|
|
|
10,000 |
|
(Cash paid to Rita) |
|
|
|
|
|
|
|
|
|
|
Apr. 06 |
Rohit’s A/c |
Dr. |
|
25,000 |
|
|
To Sales A/c |
|
|
|
25,000 |
|
(Goods were sold to Rohit on credit) |
|
|
|
|
|
|
|
|
|
|
Apr. 08 |
Cash A/c |
Dr. |
|
20,000 |
|
|
To Rohit’s A/c |
|
|
|
20,000 |
|
(Cash received from Rohit) |
|
|
|
|
|
|
|
|
|
|
Apr. 12 |
Purchases A/c |
Dr. |
|
12,000 |
|
|
To Rita’s A/c |
|
|
|
12,000 |
|
(Goods purchased from Rita on credit) |
|
|
|
|
|
|
|
|
|
|
Apr. 18 |
Rita’s A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
|
20,000 |
|
(Cash paid to Rita) |
|
|
|
|
|
|
|
|
|
|
Apr. 25 |
Rohit’s A/c |
Dr. |
|
10,000 |
|
|
To Sales A/c |
|
|
|
10,000 |
|
(Goods sold to Rohit) |
|
|
|
|
|
|
|
|
|
|
Apr. 30 |
Cash A/c |
Dr. |
|
6,000 |
|
|
To Rohit’s A/c |
|
|
|
6,000 |
|
(Cash received from Rohit) |
|
|
|
|
|
|
|
|
|
Cash Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
||
2016 |
|
|
|
2016 |
|
|
|
|
||
Apr. 01 |
Capital A/c |
|
50,000 |
Apr. 04 |
Rita’s A/c |
|
10,000 |
|
||
Apr. 08 |
Rohit’s A/c |
|
20,000 |
Apr. 18 |
Rita’s A/c |
|
20,000 |
|
||
Apr. 30 |
Rohit’s A/c |
|
6,000 |
Apr. 30 |
Balance c/d |
|
46,000 |
|
||
|
|
|
|
|
|
|
|
|
||
|
|
|
76,000 |
|
|
|
76,000 |
|
||
|
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Apr. 30 |
Balance c/d |
|
50,000 |
Apr. 01 |
Cash A/c |
|
50,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Apr. 03 |
Rita’s A/c |
|
20,000 |
Apr. 30 |
Balance c/d |
|
32,000 |
||
Apr. 12 |
Rita’s A/c |
|
12,000 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
32,000 |
|
|
|
32,000 |
||
|
|
|
|
|
|
|
|
||
Rita’s Account |
|||||||
Dr. |
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
Apr. 04 |
Cash A/c |
|
10,000 |
Apr. 03 |
Purchases A/c |
|
20,000 |
Apr. 18 |
Cash A/c |
|
20,000 |
Apr. 12 |
Purchases A/c |
|
12,000 |
Apr. 30 |
Balance c/d |
|
2,000 |
|
|
|
|
|
|
|
32,000 |
|
|
|
32,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales Account |
|||||||
Dr. |
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
Apr. 30 |
Balance c/d |
|
35,000 |
Apr. 06 |
Rohit’s A/c |
|
25,000 |
|
|
|
|
Apr. 25 |
Rohit’s A/c |
|
10,000 |
|
|
|
35,000 |
|
|
|
35,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rohit’s Account |
|||||||
Dr. |
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
Apr. 06 |
Sales A/c |
|
25,000 |
Apr. 08 |
Cash A/c |
|
20,000 |
Apr. 25 |
Sales A/c |
|
10,000 |
Apr. 30 |
Cash A/c |
|
6,000 |
|
|
|
|
Apr. 30 |
Balance c/d |
|
9,000 |
|
|
|
35,000 |
|
|
|
35,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Page No 8.30:
Question 2:
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
Apr. 01 |
Cash A/c |
Dr. |
|
50,000 |
|
|
To Capital A/c |
|
|
|
50,000 |
|
(Business started with cash) |
|
|
|
|
|
|
|
|
|
|
Apr. 03 |
Purchases A/c |
Dr. |
|
20,000 |
|
|
To Rita’s A/c |
|
|
|
20,000 |
|
(Goods purchased from Rita on credit) |
|
|
|
|
|
|
|
|
|
|
Apr. 04 |
Rita’s A/c |
Dr. |
|
10,000 |
|
|
To Cash A/c |
|
|
|
10,000 |
|
(Cash paid to Rita) |
|
|
|
|
|
|
|
|
|
|
Apr. 06 |
Rohit’s A/c |
Dr. |
|
25,000 |
|
|
To Sales A/c |
|
|
|
25,000 |
|
(Goods were sold to Rohit on credit) |
|
|
|
|
|
|
|
|
|
|
Apr. 08 |
Cash A/c |
Dr. |
|
20,000 |
|
|
To Rohit’s A/c |
|
|
|
20,000 |
|
(Cash received from Rohit) |
|
|
|
|
|
|
|
|
|
|
Apr. 12 |
Purchases A/c |
Dr. |
|
12,000 |
|
|
To Rita’s A/c |
|
|
|
12,000 |
|
(Goods purchased from Rita on credit) |
|
|
|
|
|
|
|
|
|
|
Apr. 18 |
Rita’s A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
|
20,000 |
|
(Cash paid to Rita) |
|
|
|
|
|
|
|
|
|
|
Apr. 25 |
Rohit’s A/c |
Dr. |
|
10,000 |
|
|
To Sales A/c |
|
|
|
10,000 |
|
(Goods sold to Rohit) |
|
|
|
|
|
|
|
|
|
|
Apr. 30 |
Cash A/c |
Dr. |
|
6,000 |
|
|
To Rohit’s A/c |
|
|
|
6,000 |
|
(Cash received from Rohit) |
|
|
|
|
|
|
|
|
|
Cash Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
||
2016 |
|
|
|
2016 |
|
|
|
|
||
Apr. 01 |
Capital A/c |
|
50,000 |
Apr. 04 |
Rita’s A/c |
|
10,000 |
|
||
Apr. 08 |
Rohit’s A/c |
|
20,000 |
Apr. 18 |
Rita’s A/c |
|
20,000 |
|
||
Apr. 30 |
Rohit’s A/c |
|
6,000 |
Apr. 30 |
Balance c/d |
|
46,000 |
|
||
|
|
|
|
|
|
|
|
|
||
|
|
|
76,000 |
|
|
|
76,000 |
|
||
|
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Apr. 30 |
Balance c/d |
|
50,000 |
Apr. 01 |
Cash A/c |
|
50,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Apr. 03 |
Rita’s A/c |
|
20,000 |
Apr. 30 |
Balance c/d |
|
32,000 |
||
Apr. 12 |
Rita’s A/c |
|
12,000 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
32,000 |
|
|
|
32,000 |
||
|
|
|
|
|
|
|
|
||
Rita’s Account |
|||||||
Dr. |
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
Apr. 04 |
Cash A/c |
|
10,000 |
Apr. 03 |
Purchases A/c |
|
20,000 |
Apr. 18 |
Cash A/c |
|
20,000 |
Apr. 12 |
Purchases A/c |
|
12,000 |
Apr. 30 |
Balance c/d |
|
2,000 |
|
|
|
|
|
|
|
32,000 |
|
|
|
32,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales Account |
|||||||
Dr. |
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
Apr. 30 |
Balance c/d |
|
35,000 |
Apr. 06 |
Rohit’s A/c |
|
25,000 |
|
|
|
|
Apr. 25 |
Rohit’s A/c |
|
10,000 |
|
|
|
35,000 |
|
|
|
35,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rohit’s Account |
|||||||
Dr. |
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
Apr. 06 |
Sales A/c |
|
25,000 |
Apr. 08 |
Cash A/c |
|
20,000 |
Apr. 25 |
Sales A/c |
|
10,000 |
Apr. 30 |
Cash A/c |
|
6,000 |
|
|
|
|
Apr. 30 |
Balance c/d |
|
9,000 |
|
|
|
35,000 |
|
|
|
35,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Answer:
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
Jan.01 |
Cash A/c |
Dr. |
|
1,00,000 |
|
|
To Capital A/c |
|
|
|
1,00,000 |
|
(Business started with cash) |
|
|
|
|
|
|
|
|
|
|
Jan.03 |
Purchases A/c |
Dr. |
|
20,000 |
|
|
To Gupta & Co. |
|
|
|
20,000 |
|
(Goods purchased) |
|
|
|
|
|
|
|
|
|
|
Jan.05 |
Cash A/c |
Dr. |
|
5,000 |
|
|
To Sales A/c |
|
|
|
5,000 |
|
(Goods sold for Cash) |
|
|
|
|
|
|
|
|
|
|
Jan.08 |
Purchases A/c |
Dr. |
|
8,000 |
|
|
To Cash A/c |
|
|
|
8,000 |
|
(Goods purchased for cash) |
|
|
|
|
|
|
|
|
|
|
Jan.10 |
Ahmed & Co. |
Dr. |
|
10,000 |
|
|
To Sales A/c |
|
|
|
10,000 |
|
(Goods sold to Ahmed & Co. on credit) |
|
|
|
|
|
|
|
|
|
|
Jan.11 |
Bank A/c |
Dr. |
|
50,000 |
|
|
To Cash A/c |
|
|
|
50,000 |
|
(Cash deposited into bank) |
|
|
|
|
|
|
|
|
|
|
Jan.13 |
Computer A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
|
20,000 |
|
(Computer purchased for office) |
|
|
|
|
|
|
|
|
|
|
Jan.15 |
Cash A/c |
Dr. |
|
70,000 |
|
|
To Loan from Mehboob |
|
|
|
70,000 |
|
(Loan taken from Mehboob) |
|
|
|
|
|
|
|
|
|
|
Jan.16 |
Sales Return A/c |
Dr. |
|
2,000 |
|
|
To Ahmed & Co. |
|
|
|
2,000 |
|
(Goods returned) |
|
|
|
|
|
|
|
|
|
|
Jan.17 |
Furniture A/c |
Dr. |
|
10,000 |
|
|
To Mehfil Mart |
|
|
|
10,000 |
|
(Furniture purchased) |
|
|
|
|
|
|
|
|
|
|
Jan.18 |
Interest on Loan A/c |
Dr. |
|
2,000 |
|
|
To Cash A/c |
|
|
|
2,000 |
|
(Interest paid on Loan) |
|
|
|
|
|
|
|
|
|
|
Jan.19 |
Loss by Defect A/c |
Dr. |
|
1,000 |
|
|
To Ahmed & Co. |
|
|
|
1,000 |
|
(Claim accepted) |
|
|
|
|
|
|
|
|
|
|
Jan.22 |
Rent A/c |
Dr. |
|
2,000 |
|
|
To Bank A/c |
|
|
|
2,000 |
|
(Rent paid by cheque) |
|
|
|
|
|
|
|
|
|
|
Jan.24 |
Cash A/c |
Dr. |
|
20,000 |
|
|
To Bank A/c |
|
|
|
20,000 |
|
(Cash withdrawn from bank) |
|
|
|
|
|
|
|
|
|
|
Jan.25 |
Cash A/c |
Dr. |
|
9,000 |
|
|
To Sales A/c |
|
|
|
9,000 |
|
(Goods sold) |
|
|
|
|
|
|
|
|
|
|
Jan.26 |
Loss by Accident A/c |
Dr. |
|
10,000 |
|
|
To Purchases A/c |
|
|
|
10,000 |
|
(Goods destroyed by accident) |
|
|
|
|
|
|
|
|
|
|
Jan.27 |
Advertisement A/c |
Dr. |
|
5,000 |
|
|
To Bank A/c |
|
|
|
5,000 |
|
(Advertisement expenses paid through Bank) |
|
|
|
|
|
|
|
|
|
|
Jan.28 |
Bank A/c |
Dr. |
|
6,000 |
|
|
Discount Allowed A/c |
Dr. |
|
1,000 |
|
|
To Ahmed & Co. |
|
|
|
7,000 |
|
(Final payment received) |
|
|
|
|
|
|
|
|
|
|
Jan.29 |
Gupta & Co. |
Dr. |
|
20,000 |
|
|
To Bank A/c |
|
|
|
18,000 |
|
To Discount Received A/c |
|
|
|
2,000 |
|
(Final payment made to Gupta & Co.) |
|
|
|
|
|
|
|
|
|
|
Jan.31 |
Cash A/c |
Dr. |
|
500 |
|
|
To Sundry Income A/c |
|
|
|
500 |
|
(Old newspapers were sold) |
|
|
|
|
|
|
|
|
|
Ledger
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 01 |
Capital A/c |
|
1,00,000 |
Jan. 08 |
Purchases A/c |
|
8,000 |
||
Jan. 05 |
Sales A/c |
|
5,000 |
Jan. 11 |
Bank A/c |
|
50,000 |
||
Jan. 15 |
Loan from Mehboob |
|
70,000 |
Jan. 13 |
Computers A/c |
|
20,000 |
||
Jan. 24 |
Bank A/c |
|
20,000 |
Jan. 18 |
Interest on Loan |
|
2,000 |
||
Jan. 25 |
Sales A/c |
|
9,000 |
Jan. 31 |
Balance c/d |
|
1,24,500 |
||
Jan. 31 |
Sundry Income A/c |
|
500 |
|
|
|
|
||
|
|
|
2,04,500 |
|
|
|
2,04,500 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
1,00,000 |
Jan. 01 |
Cash A/c |
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
1,00,000 |
|
|
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.03 |
Gupta & Co. |
|
20,000 |
Jan. 26 |
Loss by Accident A/c |
|
10,000 |
||
Jan. 08 |
Cash A/c |
|
8,000 |
Jan. 31 |
Balance c/d |
|
18,000 |
||
|
|
|
28,000 |
|
|
|
28,000 |
||
|
|
|
|
|
|
|
|
||
Gupta & Co. Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 29 |
Bank A/c |
|
18,000 |
Jan. 03 |
Purchases A/c |
|
20,000 |
||
Jan. 29 |
Discount Received A/c |
|
2,000 |
|
|
|
|
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
|
Jan. 05 |
Cash A/c |
|
5,000 |
||
|
|
|
|
Jan. 10 |
Ahmed & Co. |
|
10,000 |
||
|
|
|
|
Jan. 25 |
Cash A/c |
|
9,000 |
||
|
|
|
24,000 |
|
|
|
24,000 |
||
|
|
|
|
|
|
|
|
||
Ahmed & Co. |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 10 |
Sales A/c |
|
10,000 |
Jan. 16 |
Sales Return A/c |
|
2,000 |
||
|
|
|
|
Jan. 19 |
Loss by Defect A/c |
|
1,000 |
||
|
|
|
|
Jan. 28 |
Bank A/c |
|
6,000 |
||
|
|
|
|
Jan. 28 |
Discount Allowed A/c |
|
1,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 11 |
Cash A/c |
|
50,000 |
Jan. 22 |
Rent A/c |
|
2,000 |
||
Jan. 28 |
Ahmed & Co. |
|
6,000 |
Jan. 24 |
Cash A/c |
|
20,000 |
||
|
|
|
|
Jan. 27 |
Advt. A/c |
|
5,000 |
||
|
|
|
|
Jan. 29 |
Gupta & Co. |
|
18,000 |
||
|
|
|
|
Jan. 31 |
Balance c/d |
|
11,000 |
||
|
|
|
56,000 |
|
|
|
56,000 |
||
|
|
|
|
|
|
|
|
||
Computer Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 13 |
Cash A/c |
|
20,000 |
Jan. 31 |
Balance c/d |
|
20,000 |
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Loan from Mehboob Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 15 |
Balance c/d |
|
70,000 |
Jan. 15 |
Cash A/c |
|
70,000 |
||
|
|
|
70,000 |
|
|
|
70,000 |
||
|
|
|
|
|
|
|
|
||
Sales Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 16 |
Ahmed & Co. A/c |
|
2,000 |
Jan. 31 |
Balance c/d |
|
2,000 |
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 17 |
Mehfil Mart A/c |
|
10,000 |
Jan. 31 |
Balance c/d |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Mehfil Mart Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
10,000 |
Jan. 17 |
Furniture A/c |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Interest on Loan Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 18 |
Cash A/c |
|
2,000 |
Jan. 31 |
Balance c/d |
|
2,000 |
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Loss by Defect Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.19 |
Ahmed & Co. |
|
1,000 |
Jan. 31 |
Balance c/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.22 |
Bank A/c |
|
2,000 |
Jan. 31 |
Balance c/d |
|
2,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Loss by Accident Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 26 |
Purchases |
|
10,000 |
Jan. 31 |
Balance c/d |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Advertisement Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 27 |
Bank A/c |
|
5,000 |
Jan. 31 |
Balance c/d |
|
5,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Discount Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 28 |
Ahmed & Co. |
|
1,000 |
Jan. 29 |
Gupta & Co. |
|
2,000 |
||
Jan. 31 |
Balance c/d |
|
1,000 |
|
|
|
|
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Sundry Income Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
500 |
Jan. 31 |
Cash A/c |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
Page No 8.31:
Question 3:
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
Jan.01 |
Cash A/c |
Dr. |
|
1,00,000 |
|
|
To Capital A/c |
|
|
|
1,00,000 |
|
(Business started with cash) |
|
|
|
|
|
|
|
|
|
|
Jan.03 |
Purchases A/c |
Dr. |
|
20,000 |
|
|
To Gupta & Co. |
|
|
|
20,000 |
|
(Goods purchased) |
|
|
|
|
|
|
|
|
|
|
Jan.05 |
Cash A/c |
Dr. |
|
5,000 |
|
|
To Sales A/c |
|
|
|
5,000 |
|
(Goods sold for Cash) |
|
|
|
|
|
|
|
|
|
|
Jan.08 |
Purchases A/c |
Dr. |
|
8,000 |
|
|
To Cash A/c |
|
|
|
8,000 |
|
(Goods purchased for cash) |
|
|
|
|
|
|
|
|
|
|
Jan.10 |
Ahmed & Co. |
Dr. |
|
10,000 |
|
|
To Sales A/c |
|
|
|
10,000 |
|
(Goods sold to Ahmed & Co. on credit) |
|
|
|
|
|
|
|
|
|
|
Jan.11 |
Bank A/c |
Dr. |
|
50,000 |
|
|
To Cash A/c |
|
|
|
50,000 |
|
(Cash deposited into bank) |
|
|
|
|
|
|
|
|
|
|
Jan.13 |
Computer A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
|
20,000 |
|
(Computer purchased for office) |
|
|
|
|
|
|
|
|
|
|
Jan.15 |
Cash A/c |
Dr. |
|
70,000 |
|
|
To Loan from Mehboob |
|
|
|
70,000 |
|
(Loan taken from Mehboob) |
|
|
|
|
|
|
|
|
|
|
Jan.16 |
Sales Return A/c |
Dr. |
|
2,000 |
|
|
To Ahmed & Co. |
|
|
|
2,000 |
|
(Goods returned) |
|
|
|
|
|
|
|
|
|
|
Jan.17 |
Furniture A/c |
Dr. |
|
10,000 |
|
|
To Mehfil Mart |
|
|
|
10,000 |
|
(Furniture purchased) |
|
|
|
|
|
|
|
|
|
|
Jan.18 |
Interest on Loan A/c |
Dr. |
|
2,000 |
|
|
To Cash A/c |
|
|
|
2,000 |
|
(Interest paid on Loan) |
|
|
|
|
|
|
|
|
|
|
Jan.19 |
Loss by Defect A/c |
Dr. |
|
1,000 |
|
|
To Ahmed & Co. |
|
|
|
1,000 |
|
(Claim accepted) |
|
|
|
|
|
|
|
|
|
|
Jan.22 |
Rent A/c |
Dr. |
|
2,000 |
|
|
To Bank A/c |
|
|
|
2,000 |
|
(Rent paid by cheque) |
|
|
|
|
|
|
|
|
|
|
Jan.24 |
Cash A/c |
Dr. |
|
20,000 |
|
|
To Bank A/c |
|
|
|
20,000 |
|
(Cash withdrawn from bank) |
|
|
|
|
|
|
|
|
|
|
Jan.25 |
Cash A/c |
Dr. |
|
9,000 |
|
|
To Sales A/c |
|
|
|
9,000 |
|
(Goods sold) |
|
|
|
|
|
|
|
|
|
|
Jan.26 |
Loss by Accident A/c |
Dr. |
|
10,000 |
|
|
To Purchases A/c |
|
|
|
10,000 |
|
(Goods destroyed by accident) |
|
|
|
|
|
|
|
|
|
|
Jan.27 |
Advertisement A/c |
Dr. |
|
5,000 |
|
|
To Bank A/c |
|
|
|
5,000 |
|
(Advertisement expenses paid through Bank) |
|
|
|
|
|
|
|
|
|
|
Jan.28 |
Bank A/c |
Dr. |
|
6,000 |
|
|
Discount Allowed A/c |
Dr. |
|
1,000 |
|
|
To Ahmed & Co. |
|
|
|
7,000 |
|
(Final payment received) |
|
|
|
|
|
|
|
|
|
|
Jan.29 |
Gupta & Co. |
Dr. |
|
20,000 |
|
|
To Bank A/c |
|
|
|
18,000 |
|
To Discount Received A/c |
|
|
|
2,000 |
|
(Final payment made to Gupta & Co.) |
|
|
|
|
|
|
|
|
|
|
Jan.31 |
Cash A/c |
Dr. |
|
500 |
|
|
To Sundry Income A/c |
|
|
|
500 |
|
(Old newspapers were sold) |
|
|
|
|
|
|
|
|
|
Ledger
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 01 |
Capital A/c |
|
1,00,000 |
Jan. 08 |
Purchases A/c |
|
8,000 |
||
Jan. 05 |
Sales A/c |
|
5,000 |
Jan. 11 |
Bank A/c |
|
50,000 |
||
Jan. 15 |
Loan from Mehboob |
|
70,000 |
Jan. 13 |
Computers A/c |
|
20,000 |
||
Jan. 24 |
Bank A/c |
|
20,000 |
Jan. 18 |
Interest on Loan |
|
2,000 |
||
Jan. 25 |
Sales A/c |
|
9,000 |
Jan. 31 |
Balance c/d |
|
1,24,500 |
||
Jan. 31 |
Sundry Income A/c |
|
500 |
|
|
|
|
||
|
|
|
2,04,500 |
|
|
|
2,04,500 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
1,00,000 |
Jan. 01 |
Cash A/c |
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
1,00,000 |
|
|
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.03 |
Gupta & Co. |
|
20,000 |
Jan. 26 |
Loss by Accident A/c |
|
10,000 |
||
Jan. 08 |
Cash A/c |
|
8,000 |
Jan. 31 |
Balance c/d |
|
18,000 |
||
|
|
|
28,000 |
|
|
|
28,000 |
||
|
|
|
|
|
|
|
|
||
Gupta & Co. Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 29 |
Bank A/c |
|
18,000 |
Jan. 03 |
Purchases A/c |
|
20,000 |
||
Jan. 29 |
Discount Received A/c |
|
2,000 |
|
|
|
|
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
|
Jan. 05 |
Cash A/c |
|
5,000 |
||
|
|
|
|
Jan. 10 |
Ahmed & Co. |
|
10,000 |
||
|
|
|
|
Jan. 25 |
Cash A/c |
|
9,000 |
||
|
|
|
24,000 |
|
|
|
24,000 |
||
|
|
|
|
|
|
|
|
||
Ahmed & Co. |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 10 |
Sales A/c |
|
10,000 |
Jan. 16 |
Sales Return A/c |
|
2,000 |
||
|
|
|
|
Jan. 19 |
Loss by Defect A/c |
|
1,000 |
||
|
|
|
|
Jan. 28 |
Bank A/c |
|
6,000 |
||
|
|
|
|
Jan. 28 |
Discount Allowed A/c |
|
1,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 11 |
Cash A/c |
|
50,000 |
Jan. 22 |
Rent A/c |
|
2,000 |
||
Jan. 28 |
Ahmed & Co. |
|
6,000 |
Jan. 24 |
Cash A/c |
|
20,000 |
||
|
|
|
|
Jan. 27 |
Advt. A/c |
|
5,000 |
||
|
|
|
|
Jan. 29 |
Gupta & Co. |
|
18,000 |
||
|
|
|
|
Jan. 31 |
Balance c/d |
|
11,000 |
||
|
|
|
56,000 |
|
|
|
56,000 |
||
|
|
|
|
|
|
|
|
||
Computer Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 13 |
Cash A/c |
|
20,000 |
Jan. 31 |
Balance c/d |
|
20,000 |
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Loan from Mehboob Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 15 |
Balance c/d |
|
70,000 |
Jan. 15 |
Cash A/c |
|
70,000 |
||
|
|
|
70,000 |
|
|
|
70,000 |
||
|
|
|
|
|
|
|
|
||
Sales Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 16 |
Ahmed & Co. A/c |
|
2,000 |
Jan. 31 |
Balance c/d |
|
2,000 |
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 17 |
Mehfil Mart A/c |
|
10,000 |
Jan. 31 |
Balance c/d |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Mehfil Mart Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
10,000 |
Jan. 17 |
Furniture A/c |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Interest on Loan Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 18 |
Cash A/c |
|
2,000 |
Jan. 31 |
Balance c/d |
|
2,000 |
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Loss by Defect Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.19 |
Ahmed & Co. |
|
1,000 |
Jan. 31 |
Balance c/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.22 |
Bank A/c |
|
2,000 |
Jan. 31 |
Balance c/d |
|
2,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Loss by Accident Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 26 |
Purchases |
|
10,000 |
Jan. 31 |
Balance c/d |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Advertisement Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 27 |
Bank A/c |
|
5,000 |
Jan. 31 |
Balance c/d |
|
5,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Discount Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 28 |
Ahmed & Co. |
|
1,000 |
Jan. 29 |
Gupta & Co. |
|
2,000 |
||
Jan. 31 |
Balance c/d |
|
1,000 |
|
|
|
|
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Sundry Income Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
500 |
Jan. 31 |
Cash A/c |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
Answer:
Books of M/s. Bhanu Traders |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
1,50,000 |
|
|
To Capital A/c |
|
|
1,50,000 |
|
|
(Commenced business with Cash) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Bank A/c |
Dr. |
|
50,000 |
|
|
To Cash A/c |
|
|
50,000 |
|
|
(Opened a bank account with PNB and deposited Cash into bank) |
|
|
|
|
|
|
|
|
|
|
April 03 |
Furniture A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
20,000 |
|
|
(Purchased furniture) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Purchase A/c |
Dr. |
|
30,000 |
|
|
To Cash A/c |
|
|
30,000 |
|
|
(Bought goods in cash) |
|
|
|
|
|
|
|
|
|
|
April 08 |
Purchase A/c |
Dr. |
|
42,000 |
|
|
To M/s Hema Traders |
|
|
42,000 |
|
|
(Purchased goods from M/s. Hema Traders) |
|
|
|
|
|
|
|
|
|
|
April 10 |
Cash A/c |
Dr. |
|
30,000 |
|
|
To Sales A/c |
|
|
30,000 |
|
|
(Goods Sold for Cash) |
|
|
|
|
|
|
|
|
|
|
April 14 |
M/s. Gupta Traders |
Dr. |
|
12,000 |
|
|
To Sales A/c |
|
|
12,000 |
|
|
(Sold goods to M/s. Gupta Traders) |
|
|
|
|
|
|
|
|
|
|
April 16 |
Rent A/c |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
4,000 |
|
|
(Rent paid ) |
|
|
|
|
|
|
|
|
|
|
April 18 |
Trade Expenses A/c |
Dr. |
|
1,000 |
|
|
To Cash A/c |
|
|
1,000 |
|
|
(Paid Trade Expenses) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Cash A/c |
Dr. |
|
12,000 |
|
|
To M/s. Gupta Traders |
|
|
12,000 |
|
|
(Received cash from M/s. Gupta Traders) |
|
|
|
|
|
|
|
|
|
|
April 22 |
M/s. Hema Traders A/c |
Dr. |
|
2,000 |
|
|
To Purchases Return A/c |
|
|
2,000 |
|
|
(Goods returned to M/s. Hema Traders) |
|
|
|
|
|
|
|
|
|
|
April 23 |
M/s. Hema Traders |
Dr. |
|
40,000 |
|
|
To Cash |
|
|
40,000 |
|
|
(Cash paid to M/s. Hema Traders) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Postage Stamps A/c |
Dr. |
|
100 |
|
|
To Cash A/c |
|
|
100 |
|
|
(Bought postage stamps) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Salary A/c |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
4,000 |
|
|
(Paid Salary to Mohan) |
|
|
|
|
|
|
|
|
|
Ledger |
|||||||||
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Capital |
|
1,50,000 |
April 02 |
Bank |
|
50,000 |
||
April 10 |
Sales |
|
30,000 |
April 03 |
Furniture |
|
20,000 |
||
April 20 |
M/s. Gupta Traders |
|
12,000 |
April 07 |
Purchases |
|
30,000 |
||
|
|
|
|
April 16 |
Rent |
|
4,000 |
||
|
|
|
|
April 18 |
Trade Expenses |
|
1,000 |
||
|
|
|
|
April 23 |
M/s. Hema Traders |
|
40,000 |
||
|
|
|
|
April 25 |
Postage Stamps |
|
100 |
||
|
|
|
|
April 30 |
Salary |
|
4,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
42,900 |
||
|
|
|
1,92,000 |
|
|
|
1,92,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
1,50,000 |
April 01 |
Cash |
|
1,50,000 |
||
|
|
|
1,50,000 |
|
|
|
1,50,000 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 02 |
Cash |
|
50,000 |
April 30 |
Balance c/d |
|
50,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Cash |
|
20,000 |
April 30 |
Balance c/d |
|
20,000 |
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Cash |
|
30,000 |
|
|
|
|
||
April 08 |
M/s. Hema Traders |
|
42,000 |
April 30 |
Balance c/d |
|
72,000 |
||
|
|
|
72,000 |
|
|
|
72,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 10 |
Cash |
|
30,000 |
||
April 30 |
Balance c/d |
|
42,000 |
April 14 |
M/s. Gupta Traders |
|
12,000 |
||
|
|
|
42,000 |
|
|
|
42,000 |
||
|
|
|
|
|
|
|
|
||
M/s. Rupa Traders |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
30,000 |
April 07 |
Purchases |
|
30,000 |
||
|
|
|
30,000 |
|
|
|
30,000 |
||
|
|
|
|
|
|
|
|
||
M/s. Hema Traders |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 22 |
Purchases Return |
|
2,000 |
April 08 |
Purchases |
|
42,000 |
||
April 23 |
Cash |
|
40,000 |
|
|
|
|
||
|
|
|
42,000 |
|
|
|
42,000 |
||
|
|
|
|
|
|
|
|
||
M/s. Gupta Traders |
|||||||||
Dr. |
|
Cr. |
|||||||
Date
|
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 14 |
Sales |
|
12,000 |
April 20 |
Cash |
|
12,000 |
||
|
|
|
12,000 |
|
|
|
12,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
2,000 |
April 22 |
M/s Hema Traders |
|
2,000 |
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Postage Stamp Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 25 |
Cash |
|
100 |
April 30 |
Balance c/d |
|
100 |
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 16 |
Cash |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Trade Expense Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 18 |
Cash |
|
1,000 |
April 30 |
Balance c/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Page No 8.31:
Question 4:
Books of M/s. Bhanu Traders |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
1,50,000 |
|
|
To Capital A/c |
|
|
1,50,000 |
|
|
(Commenced business with Cash) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Bank A/c |
Dr. |
|
50,000 |
|
|
To Cash A/c |
|
|
50,000 |
|
|
(Opened a bank account with PNB and deposited Cash into bank) |
|
|
|
|
|
|
|
|
|
|
April 03 |
Furniture A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
20,000 |
|
|
(Purchased furniture) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Purchase A/c |
Dr. |
|
30,000 |
|
|
To Cash A/c |
|
|
30,000 |
|
|
(Bought goods in cash) |
|
|
|
|
|
|
|
|
|
|
April 08 |
Purchase A/c |
Dr. |
|
42,000 |
|
|
To M/s Hema Traders |
|
|
42,000 |
|
|
(Purchased goods from M/s. Hema Traders) |
|
|
|
|
|
|
|
|
|
|
April 10 |
Cash A/c |
Dr. |
|
30,000 |
|
|
To Sales A/c |
|
|
30,000 |
|
|
(Goods Sold for Cash) |
|
|
|
|
|
|
|
|
|
|
April 14 |
M/s. Gupta Traders |
Dr. |
|
12,000 |
|
|
To Sales A/c |
|
|
12,000 |
|
|
(Sold goods to M/s. Gupta Traders) |
|
|
|
|
|
|
|
|
|
|
April 16 |
Rent A/c |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
4,000 |
|
|
(Rent paid ) |
|
|
|
|
|
|
|
|
|
|
April 18 |
Trade Expenses A/c |
Dr. |
|
1,000 |
|
|
To Cash A/c |
|
|
1,000 |
|
|
(Paid Trade Expenses) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Cash A/c |
Dr. |
|
12,000 |
|
|
To M/s. Gupta Traders |
|
|
12,000 |
|
|
(Received cash from M/s. Gupta Traders) |
|
|
|
|
|
|
|
|
|
|
April 22 |
M/s. Hema Traders A/c |
Dr. |
|
2,000 |
|
|
To Purchases Return A/c |
|
|
2,000 |
|
|
(Goods returned to M/s. Hema Traders) |
|
|
|
|
|
|
|
|
|
|
April 23 |
M/s. Hema Traders |
Dr. |
|
40,000 |
|
|
To Cash |
|
|
40,000 |
|
|
(Cash paid to M/s. Hema Traders) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Postage Stamps A/c |
Dr. |
|
100 |
|
|
To Cash A/c |
|
|
100 |
|
|
(Bought postage stamps) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Salary A/c |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
4,000 |
|
|
(Paid Salary to Mohan) |
|
|
|
|
|
|
|
|
|
Ledger |
|||||||||
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Capital |
|
1,50,000 |
April 02 |
Bank |
|
50,000 |
||
April 10 |
Sales |
|
30,000 |
April 03 |
Furniture |
|
20,000 |
||
April 20 |
M/s. Gupta Traders |
|
12,000 |
April 07 |
Purchases |
|
30,000 |
||
|
|
|
|
April 16 |
Rent |
|
4,000 |
||
|
|
|
|
April 18 |
Trade Expenses |
|
1,000 |
||
|
|
|
|
April 23 |
M/s. Hema Traders |
|
40,000 |
||
|
|
|
|
April 25 |
Postage Stamps |
|
100 |
||
|
|
|
|
April 30 |
Salary |
|
4,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
42,900 |
||
|
|
|
1,92,000 |
|
|
|
1,92,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
1,50,000 |
April 01 |
Cash |
|
1,50,000 |
||
|
|
|
1,50,000 |
|
|
|
1,50,000 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 02 |
Cash |
|
50,000 |
April 30 |
Balance c/d |
|
50,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Cash |
|
20,000 |
April 30 |
Balance c/d |
|
20,000 |
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Cash |
|
30,000 |
|
|
|
|
||
April 08 |
M/s. Hema Traders |
|
42,000 |
April 30 |
Balance c/d |
|
72,000 |
||
|
|
|
72,000 |
|
|
|
72,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 10 |
Cash |
|
30,000 |
||
April 30 |
Balance c/d |
|
42,000 |
April 14 |
M/s. Gupta Traders |
|
12,000 |
||
|
|
|
42,000 |
|
|
|
42,000 |
||
|
|
|
|
|
|
|
|
||
M/s. Rupa Traders |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
30,000 |
April 07 |
Purchases |
|
30,000 |
||
|
|
|
30,000 |
|
|
|
30,000 |
||
|
|
|
|
|
|
|
|
||
M/s. Hema Traders |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 22 |
Purchases Return |
|
2,000 |
April 08 |
Purchases |
|
42,000 |
||
April 23 |
Cash |
|
40,000 |
|
|
|
|
||
|
|
|
42,000 |
|
|
|
42,000 |
||
|
|
|
|
|
|
|
|
||
M/s. Gupta Traders |
|||||||||
Dr. |
|
Cr. |
|||||||
Date
|
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 14 |
Sales |
|
12,000 |
April 20 |
Cash |
|
12,000 |
||
|
|
|
12,000 |
|
|
|
12,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
2,000 |
April 22 |
M/s Hema Traders |
|
2,000 |
||
|
|
|
2,000 |
|
|
|
2,000 |
||
|
|
|
|
|
|
|
|
||
Postage Stamp Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 25 |
Cash |
|
100 |
April 30 |
Balance c/d |
|
100 |
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 16 |
Cash |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Trade Expense Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 18 |
Cash |
|
1,000 |
April 30 |
Balance c/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Answer:
Books of Ashok |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
50,000 |
|
|
Stock A/c |
Dr. |
|
30,000 |
|
|
Debtors |
Dr. |
|
50,000 |
|
|
Machinery A/c |
Dr. |
|
60,000 |
|
|
To Rajesh |
|
|
30,000 |
|
|
To Capital A/c (Balancing Figure) |
|
|
1,60,000 |
|
|
(Balance Brought forward) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Cash A/c |
Dr. |
|
7,000 |
|
|
To Sales A/c |
|
|
7,000 |
|
|
(Sold Goods for Cash) |
|
|
|
|
|
|
|
|
|
|
April 06 |
Sales Return A/c |
Dr. |
|
1,000 |
|
|
To Ram |
|
|
1,000 |
|
|
(Goods returned) |
|
|
|
|
|
|
|
|
|
|
April 10 |
Purchases A/c |
Dr. |
|
9,000 |
|
|
To Rajesh |
|
|
9,000 |
|
|
(Bought goods from Rajesh) |
|
|
|
|
|
|
|
|
|
|
April 15 |
Purchases A/c |
Dr. |
|
13,500 |
|
|
To Rakesh |
|
|
8,100 |
|
|
To Cash |
|
|
5,130 |
|
|
To Discount Received A/c |
|
|
270 |
|
|
(Bought goods from Rakesh, 40% of price paid |
|
|
|
|
|
immediately and availed 5% cash discount on payment) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Rajesh A/c |
Dr. |
|
39,000 |
|
|
To Cash A/c |
|
|
38,600 |
|
|
To Discount Received |
|
|
400 |
|
|
(Paid to Rajesh and discount received) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Drawings A/c |
Dr. |
|
500 |
|
|
To Cash A/c |
|
|
500 |
|
|
(Paid Life Insurance Premium of Proprietor) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Cash A/c |
Dr. |
|
2,000 |
|
|
To Commission A/c |
|
|
2,000 |
|
|
(Received Commission) |
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
50,000 |
April 15 |
Purchases |
|
5,130 |
||
April 04 |
Sales |
|
7,000 |
April 20 |
Rajesh |
|
38,600 |
||
April 30 |
Commission |
|
2,000 |
April 25 |
Drawings |
|
500 |
||
|
|
|
|
April 30 |
Balance c/d |
|
14,770 |
||
|
|
|
59,000 |
|
|
|
59,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||
Dr. |
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 30 |
Balance c/d |
|
1,60,000 |
April 01 |
Balance b/d |
|
1,60,000 |
|
|
|
1,60,000 |
|
|
|
1,60,000 |
|
|
|
|
|
|
|
|
Rakesh |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 30 |
Balance c/d |
|
8,100 |
April 15 |
Purchases |
|
8,100 |
|
|
|
8,100 |
|
|
|
8,100 |
|
|
|
|
|
|
|
|
Stock Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
April 01 |
Balance b/d |
|
30,000 |
April 30 |
Balance c/d |
|
30,000 |
|||
|
|
|
30,000 |
|
|
|
30,000 |
|||
|
|
|
|
|
|
|
|
|||
Debtors (Ram, others) Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
50,000 |
April 06 |
Sales Return |
|
1,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
49,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Machinery Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
60,000 |
April 30 |
Balance c/d |
|
60,000 |
||
|
|
|
60,000 |
|
|
|
60,000 |
||
|
|
|
|
|
|
|
|
||
Rajesh Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Cash |
|
38,600 |
April 01 |
Balance b/d |
|
30,000 |
||
April 20 |
Discount Received |
|
400 |
April 10 |
Purchases |
|
9,000 |
||
|
|
|
39,000 |
|
|
|
39,000 |
||
|
|
|
|
|
|
|
|
||
Sales Return Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
April 06 |
Ram |
|
1,000 |
April 30 |
Balance c/d |
|
1,000 |
|||
|
|
|
1,000 |
|
|
|
1,000 |
|||
|
|
|
|
|
|
|
|
|||
Drawings Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
April 25 |
Cash |
|
500 |
April 30 |
Balance c/d |
|
500 |
|||
|
|
|
500 |
|
|
|
500 |
|||
|
|
|
|
|
|
|
|
|||
Commission Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
April 30 |
Balance c/d |
|
2,000 |
April 30 |
Cash |
|
2,000 |
|||
|
|
|
2,000 |
|
|
|
2,000 |
|||
|
|
|
|
|
|
|
|
|||
Discount Received |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
|
|
|
|
April 15 |
Rakesh |
|
270 |
|||
April 30 |
Balance c/d |
|
670 |
April 20 |
Rajesh |
|
400 |
|||
|
|
|
670 |
|
|
|
670 |
|||
|
|
|
|
|
|
|
|
|||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 10 |
Rajesh |
|
9,000 |
|
|
|
|
||
April 15 |
Rakesh |
|
8,100 |
|
|
|
|
||
|
Cash A/c |
|
5,130 |
|
|
|
|
||
|
Discount Received A/c |
|
270 |
April 30 |
Balance c/d |
|
22,500 |
||
|
|
|
22,500 |
|
|
|
22,500 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
7,000 |
April 04 |
Cash A/c |
|
7,000 |
||
|
|
|
7,000 |
|
|
|
7,000 |
||
|
|
|
|
|
|
|
|
Page No 8.32:
Question 5:
Books of Ashok |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
50,000 |
|
|
Stock A/c |
Dr. |
|
30,000 |
|
|
Debtors |
Dr. |
|
50,000 |
|
|
Machinery A/c |
Dr. |
|
60,000 |
|
|
To Rajesh |
|
|
30,000 |
|
|
To Capital A/c (Balancing Figure) |
|
|
1,60,000 |
|
|
(Balance Brought forward) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Cash A/c |
Dr. |
|
7,000 |
|
|
To Sales A/c |
|
|
7,000 |
|
|
(Sold Goods for Cash) |
|
|
|
|
|
|
|
|
|
|
April 06 |
Sales Return A/c |
Dr. |
|
1,000 |
|
|
To Ram |
|
|
1,000 |
|
|
(Goods returned) |
|
|
|
|
|
|
|
|
|
|
April 10 |
Purchases A/c |
Dr. |
|
9,000 |
|
|
To Rajesh |
|
|
9,000 |
|
|
(Bought goods from Rajesh) |
|
|
|
|
|
|
|
|
|
|
April 15 |
Purchases A/c |
Dr. |
|
13,500 |
|
|
To Rakesh |
|
|
8,100 |
|
|
To Cash |
|
|
5,130 |
|
|
To Discount Received A/c |
|
|
270 |
|
|
(Bought goods from Rakesh, 40% of price paid |
|
|
|
|
|
immediately and availed 5% cash discount on payment) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Rajesh A/c |
Dr. |
|
39,000 |
|
|
To Cash A/c |
|
|
38,600 |
|
|
To Discount Received |
|
|
400 |
|
|
(Paid to Rajesh and discount received) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Drawings A/c |
Dr. |
|
500 |
|
|
To Cash A/c |
|
|
500 |
|
|
(Paid Life Insurance Premium of Proprietor) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Cash A/c |
Dr. |
|
2,000 |
|
|
To Commission A/c |
|
|
2,000 |
|
|
(Received Commission) |
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
50,000 |
April 15 |
Purchases |
|
5,130 |
||
April 04 |
Sales |
|
7,000 |
April 20 |
Rajesh |
|
38,600 |
||
April 30 |
Commission |
|
2,000 |
April 25 |
Drawings |
|
500 |
||
|
|
|
|
April 30 |
Balance c/d |
|
14,770 |
||
|
|
|
59,000 |
|
|
|
59,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||
Dr. |
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 30 |
Balance c/d |
|
1,60,000 |
April 01 |
Balance b/d |
|
1,60,000 |
|
|
|
1,60,000 |
|
|
|
1,60,000 |
|
|
|
|
|
|
|
|
Rakesh |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 30 |
Balance c/d |
|
8,100 |
April 15 |
Purchases |
|
8,100 |
|
|
|
8,100 |
|
|
|
8,100 |
|
|
|
|
|
|
|
|
Stock Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
April 01 |
Balance b/d |
|
30,000 |
April 30 |
Balance c/d |
|
30,000 |
|||
|
|
|
30,000 |
|
|
|
30,000 |
|||
|
|
|
|
|
|
|
|
|||
Debtors (Ram, others) Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
50,000 |
April 06 |
Sales Return |
|
1,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
49,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Machinery Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
60,000 |
April 30 |
Balance c/d |
|
60,000 |
||
|
|
|
60,000 |
|
|
|
60,000 |
||
|
|
|
|
|
|
|
|
||
Rajesh Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Cash |
|
38,600 |
April 01 |
Balance b/d |
|
30,000 |
||
April 20 |
Discount Received |
|
400 |
April 10 |
Purchases |
|
9,000 |
||
|
|
|
39,000 |
|
|
|
39,000 |
||
|
|
|
|
|
|
|
|
||
Sales Return Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
April 06 |
Ram |
|
1,000 |
April 30 |
Balance c/d |
|
1,000 |
|||
|
|
|
1,000 |
|
|
|
1,000 |
|||
|
|
|
|
|
|
|
|
|||
Drawings Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
April 25 |
Cash |
|
500 |
April 30 |
Balance c/d |
|
500 |
|||
|
|
|
500 |
|
|
|
500 |
|||
|
|
|
|
|
|
|
|
|||
Commission Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
April 30 |
Balance c/d |
|
2,000 |
April 30 |
Cash |
|
2,000 |
|||
|
|
|
2,000 |
|
|
|
2,000 |
|||
|
|
|
|
|
|
|
|
|||
Discount Received |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
|
|
|
|
April 15 |
Rakesh |
|
270 |
|||
April 30 |
Balance c/d |
|
670 |
April 20 |
Rajesh |
|
400 |
|||
|
|
|
670 |
|
|
|
670 |
|||
|
|
|
|
|
|
|
|
|||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 10 |
Rajesh |
|
9,000 |
|
|
|
|
||
April 15 |
Rakesh |
|
8,100 |
|
|
|
|
||
|
Cash A/c |
|
5,130 |
|
|
|
|
||
|
Discount Received A/c |
|
270 |
April 30 |
Balance c/d |
|
22,500 |
||
|
|
|
22,500 |
|
|
|
22,500 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
7,000 |
April 04 |
Cash A/c |
|
7,000 |
||
|
|
|
7,000 |
|
|
|
7,000 |
||
|
|
|
|
|
|
|
|
Answer:
Books of M/s Gupta Brothers |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
Mar.01 |
Cash A/c |
Dr. |
|
2,00,000 |
|
|
To Capital A/c |
|
|
2,00,000 |
|
|
(Started business with Cash) |
|
|
|
|
|
|
|
|
|
|
Mar.02 |
Bank A/c |
Dr. |
|
80,000 |
|
|
To Cash A/c |
|
|
80,000 |
|
|
(Opened Bank account with SBI) |
|
|
|
|
|
|
|
|
|
|
Mar.04 |
Purchases A/c |
Dr. |
|
22,000 |
|
|
To Raj |
|
|
22,000 |
|
|
(Purchased goods from Raj) |
|
|
|
|
|
|
|
|
|
|
Mar.05 |
Purchases A/c |
Dr. |
|
30,000 |
|
|
To Cash A/c |
|
|
30,000 |
|
|
(Purchased goods for Cash) |
|
|
|
|
|
|
|
|
|
|
Mar.08 |
Naman A/c |
Dr. |
|
12,000 |
|
|
To Sales A/c |
|
|
12,000 |
|
|
(Sold good to Naman) |
|
|
|
|
|
|
|
|
|
|
Mar.10 |
Raj |
Dr. |
|
22,000 |
|
|
To Cash A/c |
|
|
22,000 |
|
|
(Cash Paid to Raj) |
|
|
|
|
|
|
|
|
|
|
Mar.15 |
Cash A/c |
Dr. |
|
11,700 |
|
|
Discount Allowed A/c |
Dr. |
|
300 |
|
|
To Naman |
|
|
12,000 |
|
|
(Cash received from Naman and discount allowed) |
|
|
|
|
|
|
|
|
|
|
Mar.16 |
Wages A/c |
Dr. |
|
200 |
|
|
To Cash |
|
|
200 |
|
|
(Paid Wages) |
|
|
|
|
|
|
|
|
|
|
Mar.18 |
Furniture A/c |
Dr. |
|
5,000 |
|
|
To Cash |
|
|
5,000 |
|
|
(Purchased furniture for office use) |
|
|
|
|
|
|
|
|
|
|
Mar.20 |
Drawings A/c |
Dr. |
|
4,000 |
|
|
To Bank A/c |
|
|
4,000 |
|
|
(Withdrawn from bank for personal use) |
|
|
|
|
|
|
|
|
|
|
Mar.22 |
Rent A/c |
Dr. |
|
3,000 |
|
|
To Bank A/c |
|
|
3,000 |
|
|
(Paid Rent through cheque) |
|
|
|
|
|
|
|
|
|
|
Mar.23 |
Drawings A/c |
Dr. |
|
2,000 |
|
|
To Purchases A/c |
|
|
2,000 |
|
|
(Goods taken for personal use) |
|
|
|
|
|
|
|
|
|
|
Mar.24 |
Cash A/c |
Dr. |
|
6,000 |
|
|
To Bank |
|
|
6,000 |
|
|
(Cash withdrawn from bank) |
|
|
|
|
|
|
|
|
|
|
Mar.26 |
Cash A/c |
Dr. |
|
1,000 |
|
|
To Commission A/c |
|
|
1,000 |
|
|
(Cash received for commission) |
|
|
|
|
|
|
|
|
|
|
Mar.27 |
Bank Charges A/c |
Dr. |
|
300 |
|
|
To Bank A/c |
|
|
300 |
|
|
(Bank Charges debited ) |
|
|
|
|
|
|
|
|
|
|
Mar.28 |
Insurance Premium A/c |
Dr. |
|
3,000 |
|
|
To Bank |
|
|
3,000 |
|
|
(Insurance Premium paid) |
|
|
|
|
|
|
|
|
|
|
Mar.29 |
Salary A/c |
Dr. |
|
10,000 |
|
|
To Cash A/c |
|
|
10,000 |
|
|
(Paid Salary) |
|
|
|
|
|
|
|
|
|
|
Mar.30 |
Cash A/c |
Dr. |
|
20,000 |
|
|
To Sales A/c |
|
|
20,000 |
|
|
(Sold goods for Cash) |
|
|
|
|
|
|
|
|
|
Ledger |
|||||||||
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.01 |
Capital |
|
2,00,000 |
Mar.02 |
Bank |
|
80,000 |
||
Mar.15 |
Naman |
|
11,700 |
Mar.05 |
Purchases |
|
30,000 |
||
Mar.24 |
Bank |
|
6,000 |
Mar.10 |
Raj |
|
22,000 |
||
Mar.26 |
Commission |
|
1,000 |
Mar.16 |
Wages |
|
200 |
||
Mar.30 |
Sales |
|
20,000 |
Mar.18 |
Furniture |
|
5,000 |
||
|
|
|
|
Mar.29 |
Salary |
|
10,000 |
||
|
|
|
|
Mar.31 |
Balance c/d |
|
91,500 |
||
|
|
|
2,38,700 |
|
|
|
2,38,700 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.02 |
Cash |
|
80,000 |
Mar.20 |
Drawings |
|
4,000 |
||
|
|
|
|
Mar.22 |
Rent |
|
3,000 |
||
|
|
|
|
Mar.24 |
Cash |
|
6,000 |
||
|
|
|
|
Mar.27 |
Bank Charges |
|
300 |
||
|
|
|
|
Mar.28 |
Insurance Premium |
|
3,000 |
||
|
|
|
|
Mar.31 |
Balance C/d |
|
63,700 |
||
|
|
|
80,000 |
|
|
|
80,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
||
2016 |
|
|
|
2016 |
|
|
|
|
||
Mar.31 |
Balance c/d |
|
2,00,000 |
Mar.01 |
Cash |
|
2,00,000 |
|
||
|
|
|
2,00,000 |
|
|
|
2,00,000 |
|
||
|
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.04 |
Raj |
|
22,000 |
Mar.23 |
Drawings |
|
2,000 |
||
Mar.05 |
Cash |
|
30,000 |
Mar.31 |
Balance c/d |
|
50,000 |
||
|
|
|
52,000 |
|
|
|
52,000 |
||
|
|
|
|
|
|
|
|
||
Raj Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
Mar.10 |
Cash |
|
22,000 |
Mar.04 |
Purchase |
|
22,000 |
|||
|
|
|
22,000 |
|
|
|
22,000 |
|||
|
|
|
|
|
|
|
|
|||
Sales Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
|
|
|
|
Mar.08 |
Naman |
|
12,000 |
|||
Mar.31 |
Balance c/d |
|
32,000 |
Mar.30 |
Cash |
|
20,000 |
|||
|
|
|
32,000 |
|
|
|
32,000 |
|||
|
|
|
|
|
|
|
|
|||
Naman |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.08 |
Sales |
|
12,000 |
Mar.15 |
Cash |
|
11,700 |
||
|
|
|
|
|
Discount Allowed |
|
300 |
||
|
|
|
12,000 |
|
|
|
12,000 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.15 |
Naman |
|
300 |
Mar.31 |
Balance c/d |
|
300 |
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
Wages Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.16 |
Cash |
|
200 |
Mar.31 |
Balance c/d |
|
200 |
||
|
|
|
200 |
|
|
|
200 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.18 |
Cash |
|
5,000 |
Mar.31 |
Balance c/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Drawings Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.20 |
Bank |
|
4,000 |
|
|
|
|
||
Mar.23 |
Purchases A/c |
|
2,000 |
Mar.31 |
Balance c/d |
|
6,000 |
||
|
|
|
6,000 |
|
|
|
6,000 |
||
|
|
|
|
|
|
|
|
||
Commission Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.31 |
Balance c/d |
|
1,000 |
Mar.26 |
Cash |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Bank Charges Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.22 |
Bank A/c |
|
300 |
Mar.31 |
Balance c/d |
|
300 |
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.22 |
Bank |
|
3,000 |
Mar.22 |
Balance c/d |
|
3,000 |
||
|
|
|
3,000 |
|
|
|
3,000 |
||
|
|
|
|
|
|
|
|
||
Insurance Premium Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.28 |
Bank |
|
3,000 |
Mar.31 |
Balance c/d |
|
3,000 |
||
|
|
|
3,000 |
|
|
|
3,000 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.29 |
Cash |
|
10,000 |
Mar.31 |
Balance c/d |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Page No 8.32:
Question 6:
Books of M/s Gupta Brothers |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
Mar.01 |
Cash A/c |
Dr. |
|
2,00,000 |
|
|
To Capital A/c |
|
|
2,00,000 |
|
|
(Started business with Cash) |
|
|
|
|
|
|
|
|
|
|
Mar.02 |
Bank A/c |
Dr. |
|
80,000 |
|
|
To Cash A/c |
|
|
80,000 |
|
|
(Opened Bank account with SBI) |
|
|
|
|
|
|
|
|
|
|
Mar.04 |
Purchases A/c |
Dr. |
|
22,000 |
|
|
To Raj |
|
|
22,000 |
|
|
(Purchased goods from Raj) |
|
|
|
|
|
|
|
|
|
|
Mar.05 |
Purchases A/c |
Dr. |
|
30,000 |
|
|
To Cash A/c |
|
|
30,000 |
|
|
(Purchased goods for Cash) |
|
|
|
|
|
|
|
|
|
|
Mar.08 |
Naman A/c |
Dr. |
|
12,000 |
|
|
To Sales A/c |
|
|
12,000 |
|
|
(Sold good to Naman) |
|
|
|
|
|
|
|
|
|
|
Mar.10 |
Raj |
Dr. |
|
22,000 |
|
|
To Cash A/c |
|
|
22,000 |
|
|
(Cash Paid to Raj) |
|
|
|
|
|
|
|
|
|
|
Mar.15 |
Cash A/c |
Dr. |
|
11,700 |
|
|
Discount Allowed A/c |
Dr. |
|
300 |
|
|
To Naman |
|
|
12,000 |
|
|
(Cash received from Naman and discount allowed) |
|
|
|
|
|
|
|
|
|
|
Mar.16 |
Wages A/c |
Dr. |
|
200 |
|
|
To Cash |
|
|
200 |
|
|
(Paid Wages) |
|
|
|
|
|
|
|
|
|
|
Mar.18 |
Furniture A/c |
Dr. |
|
5,000 |
|
|
To Cash |
|
|
5,000 |
|
|
(Purchased furniture for office use) |
|
|
|
|
|
|
|
|
|
|
Mar.20 |
Drawings A/c |
Dr. |
|
4,000 |
|
|
To Bank A/c |
|
|
4,000 |
|
|
(Withdrawn from bank for personal use) |
|
|
|
|
|
|
|
|
|
|
Mar.22 |
Rent A/c |
Dr. |
|
3,000 |
|
|
To Bank A/c |
|
|
3,000 |
|
|
(Paid Rent through cheque) |
|
|
|
|
|
|
|
|
|
|
Mar.23 |
Drawings A/c |
Dr. |
|
2,000 |
|
|
To Purchases A/c |
|
|
2,000 |
|
|
(Goods taken for personal use) |
|
|
|
|
|
|
|
|
|
|
Mar.24 |
Cash A/c |
Dr. |
|
6,000 |
|
|
To Bank |
|
|
6,000 |
|
|
(Cash withdrawn from bank) |
|
|
|
|
|
|
|
|
|
|
Mar.26 |
Cash A/c |
Dr. |
|
1,000 |
|
|
To Commission A/c |
|
|
1,000 |
|
|
(Cash received for commission) |
|
|
|
|
|
|
|
|
|
|
Mar.27 |
Bank Charges A/c |
Dr. |
|
300 |
|
|
To Bank A/c |
|
|
300 |
|
|
(Bank Charges debited ) |
|
|
|
|
|
|
|
|
|
|
Mar.28 |
Insurance Premium A/c |
Dr. |
|
3,000 |
|
|
To Bank |
|
|
3,000 |
|
|
(Insurance Premium paid) |
|
|
|
|
|
|
|
|
|
|
Mar.29 |
Salary A/c |
Dr. |
|
10,000 |
|
|
To Cash A/c |
|
|
10,000 |
|
|
(Paid Salary) |
|
|
|
|
|
|
|
|
|
|
Mar.30 |
Cash A/c |
Dr. |
|
20,000 |
|
|
To Sales A/c |
|
|
20,000 |
|
|
(Sold goods for Cash) |
|
|
|
|
|
|
|
|
|
Ledger |
|||||||||
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.01 |
Capital |
|
2,00,000 |
Mar.02 |
Bank |
|
80,000 |
||
Mar.15 |
Naman |
|
11,700 |
Mar.05 |
Purchases |
|
30,000 |
||
Mar.24 |
Bank |
|
6,000 |
Mar.10 |
Raj |
|
22,000 |
||
Mar.26 |
Commission |
|
1,000 |
Mar.16 |
Wages |
|
200 |
||
Mar.30 |
Sales |
|
20,000 |
Mar.18 |
Furniture |
|
5,000 |
||
|
|
|
|
Mar.29 |
Salary |
|
10,000 |
||
|
|
|
|
Mar.31 |
Balance c/d |
|
91,500 |
||
|
|
|
2,38,700 |
|
|
|
2,38,700 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.02 |
Cash |
|
80,000 |
Mar.20 |
Drawings |
|
4,000 |
||
|
|
|
|
Mar.22 |
Rent |
|
3,000 |
||
|
|
|
|
Mar.24 |
Cash |
|
6,000 |
||
|
|
|
|
Mar.27 |
Bank Charges |
|
300 |
||
|
|
|
|
Mar.28 |
Insurance Premium |
|
3,000 |
||
|
|
|
|
Mar.31 |
Balance C/d |
|
63,700 |
||
|
|
|
80,000 |
|
|
|
80,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
|
||
2016 |
|
|
|
2016 |
|
|
|
|
||
Mar.31 |
Balance c/d |
|
2,00,000 |
Mar.01 |
Cash |
|
2,00,000 |
|
||
|
|
|
2,00,000 |
|
|
|
2,00,000 |
|
||
|
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.04 |
Raj |
|
22,000 |
Mar.23 |
Drawings |
|
2,000 |
||
Mar.05 |
Cash |
|
30,000 |
Mar.31 |
Balance c/d |
|
50,000 |
||
|
|
|
52,000 |
|
|
|
52,000 |
||
|
|
|
|
|
|
|
|
||
Raj Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
Mar.10 |
Cash |
|
22,000 |
Mar.04 |
Purchase |
|
22,000 |
|||
|
|
|
22,000 |
|
|
|
22,000 |
|||
|
|
|
|
|
|
|
|
|||
Sales Account |
|
|||||||||
Dr. |
|
Cr. |
||||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
|||
2016 |
|
|
|
2016 |
|
|
|
|||
|
|
|
|
Mar.08 |
Naman |
|
12,000 |
|||
Mar.31 |
Balance c/d |
|
32,000 |
Mar.30 |
Cash |
|
20,000 |
|||
|
|
|
32,000 |
|
|
|
32,000 |
|||
|
|
|
|
|
|
|
|
|||
Naman |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.08 |
Sales |
|
12,000 |
Mar.15 |
Cash |
|
11,700 |
||
|
|
|
|
|
Discount Allowed |
|
300 |
||
|
|
|
12,000 |
|
|
|
12,000 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.15 |
Naman |
|
300 |
Mar.31 |
Balance c/d |
|
300 |
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
Wages Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.16 |
Cash |
|
200 |
Mar.31 |
Balance c/d |
|
200 |
||
|
|
|
200 |
|
|
|
200 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.18 |
Cash |
|
5,000 |
Mar.31 |
Balance c/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Drawings Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.20 |
Bank |
|
4,000 |
|
|
|
|
||
Mar.23 |
Purchases A/c |
|
2,000 |
Mar.31 |
Balance c/d |
|
6,000 |
||
|
|
|
6,000 |
|
|
|
6,000 |
||
|
|
|
|
|
|
|
|
||
Commission Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.31 |
Balance c/d |
|
1,000 |
Mar.26 |
Cash |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Bank Charges Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.22 |
Bank A/c |
|
300 |
Mar.31 |
Balance c/d |
|
300 |
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.22 |
Bank |
|
3,000 |
Mar.22 |
Balance c/d |
|
3,000 |
||
|
|
|
3,000 |
|
|
|
3,000 |
||
|
|
|
|
|
|
|
|
||
Insurance Premium Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.28 |
Bank |
|
3,000 |
Mar.31 |
Balance c/d |
|
3,000 |
||
|
|
|
3,000 |
|
|
|
3,000 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Mar.29 |
Cash |
|
10,000 |
Mar.31 |
Balance c/d |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Answer:
Books of M/s. Ram Lal & Co. |
||||||
Journal |
||||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
||
2016 |
|
|
|
|
||
April 01 |
Cash A/c |
Dr. |
|
300 |
|
|
|
Bank A/c |
Dr. |
|
7,000 |
|
|
|
Zahir |
Dr. |
|
800 |
|
|
|
Stock A/c |
Dr. |
|
4,000 |
|
|
|
Sharma A/c |
Dr. |
|
1,500 |
|
|
|
To Bills Payable A/c |
|
|
1,000 |
||
|
To Gobind |
|
|
2,000 |
||
|
To Ramlal |
|
|
900 |
||
|
To Capital A/c |
|
|
9,700 |
||
|
(Balance brought forwarded from last month) |
|
|
|
||
|
|
|
|
|
||
April 02 |
Purchases A/c |
Dr. |
|
900 |
|
|
|
To Gobind |
|
|
900 |
||
|
(Bought goods from Gobind) |
|
|
|
||
|
|
|
|
|
||
April 03 |
Sharma A/c |
Dr. |
|
1,000 |
|
|
|
To Sales A/c |
|
|
1,000 |
||
|
(Sold goods to Sharma) |
|
|
|
||
|
|
|
|
|
||
April 05 |
Purchases A/c |
Dr. |
|
1,200 |
|
|
|
To Ramlal A/c |
|
|
1,200 |
||
|
(Bought goods from Ramlal) |
|
|
|
||
|
|
|
|
|
||
April 08 |
Zahir |
Dr. |
|
500 |
|
|
|
To Sales A/c |
|
|
500 |
||
|
(Sold goods to Zahir) |
|
|
|
||
|
|
|
|
|
||
April 15 |
Gobind A/c |
Dr. |
|
1,500 |
|
|
|
To Bank A/c |
|
|
1,500 |
||
|
(Paid to Gobind by cheque) |
|
|
|
||
|
|
|
|
|
||
April 18 |
Bank A/c |
Dr. |
|
2,000 |
|
|
|
Discount Allowed A/c |
Dr. |
|
50 |
|
|
|
To Sharma |
|
|
2,050 |
||
|
(Received from Sharma and Discount allowed) |
|
|
|
||
|
|
|
|
|
||
April 20 |
Sharma A/c |
Dr. |
|
800 |
|
|
|
To Sales A/c |
|
|
800 |
||
|
(Sold goods to Sharma) |
|
|
|
||
|
|
|
|
|
||
April 20 |
Rent A/c |
Dr. |
|
150 |
|
|
|
To Bank A/c |
|
|
150 |
||
|
(Paid Rent by cheque) |
|
|
|
||
|
|
|
|
|
||
April 25 |
Zahir |
Dr. |
|
1,000 |
|
|
|
To Sales A/c |
|
|
1,000 |
||
|
(Sold goods to Zahir) |
|
|
|
||
|
|
|
|
|
||
April 30 |
Salaries A/c |
Dr. |
|
300 |
|
|
|
To Cash A/c |
|
|
300 |
||
|
(Paid Salaries in Cash) |
|
|
|
||
|
|
|
|
|
||
Ledgers |
|||||||||
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
300 |
April 30 |
Salaries |
|
300 |
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
7,000 |
April 15 |
Gobind |
|
1,500 |
||
April 18 |
Sharma |
|
2,000 |
April 20 |
Rent |
|
150 |
||
|
|
|
|
April 30 |
Balance c/d |
|
7,350 |
||
|
|
|
9,000 |
|
|
|
9,000 |
||
|
|
|
|
|
|
|
|
||
Zahir |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
800 |
|
|
|
|
||
April 08 |
Sales |
|
500 |
April 30 |
Balance c/d |
|
2,300 |
||
April 25 |
Sales |
|
1,000 |
|
|
|
|
||
|
|
|
2,300 |
|
|
|
2,300 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 02 |
Gobind |
|
900 |
|
|
|
|
||
April 05 |
Ramlal |
|
1,200 |
April 20 |
Balance c/d |
|
2,100 |
||
|
|
|
2,100 |
|
|
|
2,100 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 03 |
Shama |
|
1,000 |
||
|
|
|
|
April 08 |
Zahir |
|
500 |
||
|
|
|
|
April 20 |
Sharma |
|
800 |
||
April 30 |
Balance c/d |
|
3,300 |
April 25 |
Zahir |
|
1,000 |
||
|
|
|
3,300 |
|
|
|
3,300 |
||
|
|
|
|
|
|
|
|
||
Salaries Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
300 |
April 30 |
Balance c/d |
|
300 |
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||
Dr. |
|
|
Cr. |
||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 18 |
Sharma |
|
50 |
|
|
|
|
|
|
|
|
April 30 |
Balance c/d |
|
50 |
|
|
|
50 |
|
|
|
50 |
|
|
|
|
|
|
|
|
|
Rent Account |
|
||||||||||||||||||||
|
Dr. |
|
|
Cr. |
|
|||||||||||||||||
|
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
|
|||||||||||||
|
2016 |
|
|
|
2016 |
|
|
|
|
|||||||||||||
|
April 20 |
Bank |
|
150 |
April 30 |
Balance c/d |
|
150 |
|
|||||||||||||
|
|
|
|
150 |
|
|
|
150 |
|
|||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Sharma |
||||||||||||||||||||||
Dr. |
|
|
Cr. |
|||||||||||||||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
|||||||||||||||
2016 |
|
|
|
2016 |
|
|
|
|||||||||||||||
April 01 |
Balance b/d |
|
1,500 |
April 18 |
Bank |
|
2,000 |
|||||||||||||||
April 03 |
Sales |
|
1,000 |
April 18 |
Discount Allowed |
|
50 |
|||||||||||||||
April 23 |
Sales |
|
800 |
April 30 |
Balance c/d |
|
1,250 |
|||||||||||||||
|
|
|
3,300 |
|
|
|
3,300 |
|||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||
Bills Payable Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Dated |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
1,000 |
April 01 |
Balance b/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Gobind Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 15 |
Bank |
|
1,500 |
April 01 |
Balance b/d |
|
2,500 |
||
April 30 |
Balance c/d |
|
1,400 |
April 02 |
Purchase |
|
400 |
||
|
|
|
2,900 |
|
|
|
2,900 |
||
|
|
|
|
|
|
|
|
||
Ram Lal Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
2,100 |
April 01 |
Balance b/d |
|
900 |
||
|
|
|
|
April 05 |
Purchases |
|
1,200 |
||
|
|
|
2,100 |
|
|
|
2,100 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
9,700 |
April 01 |
Balance b/d |
|
9,700 |
||
|
|
|
9,700 |
|
|
|
9,700 |
||
|
|
|
|
|
|
|
|
Trial Balance |
||
Particulars |
Debit Amount (Rs) |
Credit Amount (Rs) |
Bank Account |
7,350 |
|
Zahir |
2,300 |
|
Stock |
4,000 |
|
Sharma |
1,250 |
|
Bills Payable |
|
1,000 |
Gobind |
|
1,400 |
Ram Lal |
|
2,100 |
Capital |
|
9,700 |
Purchases |
2,100 |
|
Sales |
|
3,300 |
Salaries |
300 |
|
Discount Allowed |
50 |
|
Rent |
150 |
|
|
17,500 |
17,500 |
|
|
|
Page No 8.32:
Question 7:
Books of M/s. Ram Lal & Co. |
||||||
Journal |
||||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
||
2016 |
|
|
|
|
||
April 01 |
Cash A/c |
Dr. |
|
300 |
|
|
|
Bank A/c |
Dr. |
|
7,000 |
|
|
|
Zahir |
Dr. |
|
800 |
|
|
|
Stock A/c |
Dr. |
|
4,000 |
|
|
|
Sharma A/c |
Dr. |
|
1,500 |
|
|
|
To Bills Payable A/c |
|
|
1,000 |
||
|
To Gobind |
|
|
2,000 |
||
|
To Ramlal |
|
|
900 |
||
|
To Capital A/c |
|
|
9,700 |
||
|
(Balance brought forwarded from last month) |
|
|
|
||
|
|
|
|
|
||
April 02 |
Purchases A/c |
Dr. |
|
900 |
|
|
|
To Gobind |
|
|
900 |
||
|
(Bought goods from Gobind) |
|
|
|
||
|
|
|
|
|
||
April 03 |
Sharma A/c |
Dr. |
|
1,000 |
|
|
|
To Sales A/c |
|
|
1,000 |
||
|
(Sold goods to Sharma) |
|
|
|
||
|
|
|
|
|
||
April 05 |
Purchases A/c |
Dr. |
|
1,200 |
|
|
|
To Ramlal A/c |
|
|
1,200 |
||
|
(Bought goods from Ramlal) |
|
|
|
||
|
|
|
|
|
||
April 08 |
Zahir |
Dr. |
|
500 |
|
|
|
To Sales A/c |
|
|
500 |
||
|
(Sold goods to Zahir) |
|
|
|
||
|
|
|
|
|
||
April 15 |
Gobind A/c |
Dr. |
|
1,500 |
|
|
|
To Bank A/c |
|
|
1,500 |
||
|
(Paid to Gobind by cheque) |
|
|
|
||
|
|
|
|
|
||
April 18 |
Bank A/c |
Dr. |
|
2,000 |
|
|
|
Discount Allowed A/c |
Dr. |
|
50 |
|
|
|
To Sharma |
|
|
2,050 |
||
|
(Received from Sharma and Discount allowed) |
|
|
|
||
|
|
|
|
|
||
April 20 |
Sharma A/c |
Dr. |
|
800 |
|
|
|
To Sales A/c |
|
|
800 |
||
|
(Sold goods to Sharma) |
|
|
|
||
|
|
|
|
|
||
April 20 |
Rent A/c |
Dr. |
|
150 |
|
|
|
To Bank A/c |
|
|
150 |
||
|
(Paid Rent by cheque) |
|
|
|
||
|
|
|
|
|
||
April 25 |
Zahir |
Dr. |
|
1,000 |
|
|
|
To Sales A/c |
|
|
1,000 |
||
|
(Sold goods to Zahir) |
|
|
|
||
|
|
|
|
|
||
April 30 |
Salaries A/c |
Dr. |
|
300 |
|
|
|
To Cash A/c |
|
|
300 |
||
|
(Paid Salaries in Cash) |
|
|
|
||
|
|
|
|
|
||
Ledgers |
|||||||||
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
300 |
April 30 |
Salaries |
|
300 |
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
7,000 |
April 15 |
Gobind |
|
1,500 |
||
April 18 |
Sharma |
|
2,000 |
April 20 |
Rent |
|
150 |
||
|
|
|
|
April 30 |
Balance c/d |
|
7,350 |
||
|
|
|
9,000 |
|
|
|
9,000 |
||
|
|
|
|
|
|
|
|
||
Zahir |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
800 |
|
|
|
|
||
April 08 |
Sales |
|
500 |
April 30 |
Balance c/d |
|
2,300 |
||
April 25 |
Sales |
|
1,000 |
|
|
|
|
||
|
|
|
2,300 |
|
|
|
2,300 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 02 |
Gobind |
|
900 |
|
|
|
|
||
April 05 |
Ramlal |
|
1,200 |
April 20 |
Balance c/d |
|
2,100 |
||
|
|
|
2,100 |
|
|
|
2,100 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 03 |
Shama |
|
1,000 |
||
|
|
|
|
April 08 |
Zahir |
|
500 |
||
|
|
|
|
April 20 |
Sharma |
|
800 |
||
April 30 |
Balance c/d |
|
3,300 |
April 25 |
Zahir |
|
1,000 |
||
|
|
|
3,300 |
|
|
|
3,300 |
||
|
|
|
|
|
|
|
|
||
Salaries Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
300 |
April 30 |
Balance c/d |
|
300 |
||
|
|
|
300 |
|
|
|
300 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||
Dr. |
|
|
Cr. |
||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 18 |
Sharma |
|
50 |
|
|
|
|
|
|
|
|
April 30 |
Balance c/d |
|
50 |
|
|
|
50 |
|
|
|
50 |
|
|
|
|
|
|
|
|
|
Rent Account |
|
||||||||||||||||||||
|
Dr. |
|
|
Cr. |
|
|||||||||||||||||
|
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
|
|||||||||||||
|
2016 |
|
|
|
2016 |
|
|
|
|
|||||||||||||
|
April 20 |
Bank |
|
150 |
April 30 |
Balance c/d |
|
150 |
|
|||||||||||||
|
|
|
|
150 |
|
|
|
150 |
|
|||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Sharma |
||||||||||||||||||||||
Dr. |
|
|
Cr. |
|||||||||||||||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
|||||||||||||||
2016 |
|
|
|
2016 |
|
|
|
|||||||||||||||
April 01 |
Balance b/d |
|
1,500 |
April 18 |
Bank |
|
2,000 |
|||||||||||||||
April 03 |
Sales |
|
1,000 |
April 18 |
Discount Allowed |
|
50 |
|||||||||||||||
April 23 |
Sales |
|
800 |
April 30 |
Balance c/d |
|
1,250 |
|||||||||||||||
|
|
|
3,300 |
|
|
|
3,300 |
|||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||
Bills Payable Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Dated |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
1,000 |
April 01 |
Balance b/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Gobind Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 15 |
Bank |
|
1,500 |
April 01 |
Balance b/d |
|
2,500 |
||
April 30 |
Balance c/d |
|
1,400 |
April 02 |
Purchase |
|
400 |
||
|
|
|
2,900 |
|
|
|
2,900 |
||
|
|
|
|
|
|
|
|
||
Ram Lal Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
2,100 |
April 01 |
Balance b/d |
|
900 |
||
|
|
|
|
April 05 |
Purchases |
|
1,200 |
||
|
|
|
2,100 |
|
|
|
2,100 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
9,700 |
April 01 |
Balance b/d |
|
9,700 |
||
|
|
|
9,700 |
|
|
|
9,700 |
||
|
|
|
|
|
|
|
|
Trial Balance |
||
Particulars |
Debit Amount (Rs) |
Credit Amount (Rs) |
Bank Account |
7,350 |
|
Zahir |
2,300 |
|
Stock |
4,000 |
|
Sharma |
1,250 |
|
Bills Payable |
|
1,000 |
Gobind |
|
1,400 |
Ram Lal |
|
2,100 |
Capital |
|
9,700 |
Purchases |
2,100 |
|
Sales |
|
3,300 |
Salaries |
300 |
|
Discount Allowed |
50 |
|
Rent |
150 |
|
|
17,500 |
17,500 |
|
|
|
Answer:
Books of Rajesh Prabhu |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Premises A/c |
Dr. |
|
2,00,000 |
|
|
Delivery Van A/c |
Dr. |
|
50,000 |
|
|
Fixtures A/c |
Dr. |
|
5,000 |
|
|
Stock A/c |
Dr. |
|
75,000 |
|
|
Hariharan |
Dr. |
|
30,000 |
|
|
Rajan |
Dr. |
|
50,000 |
|
|
Bank A/c |
Dr. |
|
45,000 |
|
|
Cash A/c |
Dr. |
|
15,000 |
|
|
To Jawahar |
|
|
1,00,000 |
|
|
To Vikas |
|
|
45,000 |
|
|
To Telephone Expenses Payable A/c |
|
|
4,000 |
|
|
To Expenses Payable A/c |
|
|
5,000 |
|
|
To Capital A/c (Balancing Figure) |
|
|
3,16,000 |
|
|
(Balance forwarded from the last month) |
|
|
|
|
|
|
|
|
|
|
April 01 |
Rent A/c |
Dr. |
|
5,000 |
|
|
To Bank A/c |
|
|
5,000 |
|
|
(Rent paid by cheque) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Purchases A/c |
Dr. |
|
30,000 |
|
|
To Prabhat |
|
|
15,000 |
|
|
To Rajhans |
|
|
8,000 |
|
|
To Passi |
|
|
7,000 |
|
|
(Goods purchased from Prabhat, Rajhans and Passi) |
|
|
|
|
|
|
|
|
|
|
April 03 |
Rakesh |
Dr. |
|
17,000 |
|
|
Devender |
Dr. |
|
5,000 |
|
|
Lalit |
Dr. |
|
8,000 |
|
|
Vijay |
Dr. |
|
6,000 |
|
|
To Sales A/c |
|
|
36,000 |
|
|
(Sold goods to Rakesh, Devender, Lalit and Vijay ) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Delivery Van Expenses A/c |
Dr. |
|
5,700 |
|
|
To Cash A/c |
|
|
5,700 |
|
|
(Paid for petrol expenses of Delivery Van) |
|
|
|
|
|
|
|
|
|
|
April 05 |
Drawings A/c |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
4,000 |
|
|
(Cash drawn by proprietor) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Salaries A/c |
Dr. |
|
7,000 |
|
|
To Cash A/c |
|
|
7,000 |
|
|
(Paid salaries) |
|
|
|
|
|
|
|
|
|
|
April 09 |
Cash A/c |
Dr. |
|
5,000 |
|
|
To Sales A/c |
|
|
5,000 |
|
|
(Goods Sold for Cash) |
|
|
|
|
|
|
|
|
|
|
April 11 |
Sales Return A/c |
Dr. |
|
5,000 |
|
|
To Rakesh |
|
|
4,000 |
|
|
To Vijay |
|
|
1,000 |
|
|
(Goods returned by Rakesh and Vijay) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Bank A/c |
Dr. |
|
60,000 |
|
|
To Hariharan |
|
|
20,000 |
|
|
To Rajan |
|
|
40,000 |
|
|
(Received Cheques from Hariharan and Rajan) |
|
|
|
|
|
|
|
|
|
|
April 16 |
Prabhat |
Dr. |
|
4,000 |
|
|
Rajhans |
Dr. |
|
1,000 |
|
|
To Purchases Return |
|
|
5,000 |
|
|
(Goods returned to Prabhat and Rajhans) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Jawahar |
Dr. |
|
50,000 |
|
|
Vikas |
Dr. |
|
10,000 |
|
|
To Bank A/c |
|
|
60,000 |
|
|
(Cheques issued to Jawahar and Vikas) |
|
|
|
|
|
|
|
|
|
|
April 22 |
Bank A/c |
Dr. |
|
20,000 |
|
|
To Hariharan |
|
|
10,000 |
|
|
To Rajan |
|
|
10,000 |
|
|
(Received Cheques from Hariharan and Rajan) |
|
|
|
|
|
|
|
|
|
|
April 22 |
Cheque-in-hand A/c |
Dr. |
|
15,000 |
|
|
To Rakesh |
|
|
10,000 |
|
|
To Devender |
|
|
5,000 |
|
|
(Cheques Received from Rakesh and Devender which are dated. 15 May 2012) |
|
|
|
|
|
|
|
|
|
|
April 24 |
Bank A/c |
Dr. |
|
14,914 |
|
|
Interest A/c |
Dr. |
|
86 |
|
|
To Cheque-in-hand A/c |
|
|
15,000 |
|
|
(Rakesh and Devender’s Cheque discounted with bank at interest of 10% p.a |
|
|
|
|
|
[15,000 × 10% × (21/365)]) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Cash A/c |
Dr. |
|
7,800 |
|
|
Discount A/c |
Dr. |
|
200 |
|
|
To Lalit |
|
|
8,000 |
|
|
(Cash Received from Lalit and discount allowed) |
|
|
|
|
|
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
15,000 |
April 04 |
Delivery Van Exp. |
|
5,700 |
||
April 09 |
Sales |
|
5,000 |
April 05 |
Drawings |
|
4,000 |
||
April 18 |
Lalit |
|
7,800 |
April 07 |
Salaries |
|
7,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
11,100 |
||
|
|
|
27,800 |
|
|
|
27,800 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
45,000 |
April 01 |
Rent |
|
5,000 |
||
April 12 |
Hari Haran |
|
20,000 |
April 20 |
Jawahar |
|
50,000 |
||
April 12 |
Rajan |
|
40,000 |
April 20 |
Vikas |
|
10,000 |
||
April 22 |
Hari Haran |
|
10,000 |
April 30 |
Balance c/d |
|
74,914 |
||
April 22 |
Rajan |
|
10,000 |
|
|
|
|
||
April 24 |
Cheque in Hand |
|
14,914 |
|
|
|
|
||
|
|
|
1,39,914 |
|
|
|
1,39,914 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
3,16,000 |
April 01 |
Balance b/d |
|
3,16,000 |
||
|
|
|
3,16,000 |
|
|
|
3,16,000 |
||
|
|
|
|
|
|
|
|
||
Premises Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
2,00,000 |
April 30 |
Balance c/d |
|
2,00,000 |
||
|
|
|
2,00,000 |
|
|
|
2,00,000 |
||
|
|
|
|
|
|
|
|
||
Delivery Van Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
50,000 |
April 30 |
Balance c/d |
|
50,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Fixture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
5,000 |
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
75,000 |
April 30 |
Balance c/d |
|
75,000 |
||
|
|
|
75,000 |
|
|
|
75,000 |
||
|
|
|
|
|
|
|
|
||
Hariharan |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
30,000 |
April 12 |
Bank |
|
20,000 |
||
|
|
|
|
April 22 |
Bank |
|
10,000 |
||
|
|
|
30,000 |
|
|
|
30,000 |
||
|
|
|
|
|
|
|
|
||
Rajan |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
50,000 |
April 12 |
Bank |
|
40,000 |
||
|
|
|
|
April 22 |
Bank |
|
10,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Jawahar |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Bank |
|
50,000 |
April 01 |
Balance b/d |
|
1,00,000 |
||
April 30 |
Balance c/d |
|
50,000 |
|
|
|
|
||
|
|
|
1,00,000 |
|
|
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
Vikas |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Bank |
|
10,000 |
April 01 |
Balance b/d |
|
45,000 |
||
April 30 |
Balance c/d |
|
35,000 |
|
|
|
|
||
|
|
|
45,000 |
|
|
|
45,000 |
||
|
|
|
|
|
|
|
|
||
Telephone Expense Payable Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
4,000 |
April 01 |
Balance b/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Expenses Payable Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
5,000 |
April 01 |
Balance b/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Bank A/c |
|
5,000 |
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Prabhat |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 16 |
Purchases Returns |
|
4,000 |
April 02 |
Purchases A/c |
|
15,000 |
||
April 30 |
Balance c/d |
|
11,000 |
|
|
|
|
||
|
|
|
15,000 |
|
|
|
15,000 |
||
|
|
|
|
|
|
|
|
||
Salaries Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Cash |
|
7,000 |
April 30 |
Balance c/d |
|
7,000 |
||
|
|
|
7,000 |
|
|
|
7,000 |
||
|
|
|
|
|
|
|
|
||
Sales Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 11 |
Rakesh |
|
4,000 |
|
|
|
|
||
|
Vijay |
|
1,000 |
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
5,000 |
April 16 |
Prabhat |
|
4,000 |
||
|
|
|
|
|
Rajhans |
|
1,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Interest Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 24 |
Cheque in Hand |
|
86 |
April 30 |
Balance c/d |
|
86 |
||
|
|
|
86 |
|
|
|
86 |
||
|
|
|
|
|
|
|
|
||
Discount Account |
|||||||
|
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 25 |
Lalit |
|
200 |
April 30 |
Balance c/d |
|
200 |
|
|
|
200 |
|
|
|
200 |
|
|
|
|
|
|
|
|
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 03 |
Rakesh |
|
17,000 |
||
|
|
|
|
April 03 |
Devender |
|
5,000 |
||
|
|
|
|
April 03 |
Lalit |
|
8,000 |
||
|
|
|
|
April 03 |
Vijay |
|
6,000 |
||
April 30 |
Balance c/d |
|
41,000 |
April 09 |
Cash |
|
5,000 |
||
|
|
|
41,000 |
|
|
|
41,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 02 |
Prabhat |
|
15,000 |
|
|
|
|
||
April 02 |
Rajhans |
|
8,000 |
|
|
|
|
||
April 02 |
Passi |
|
7,000 |
April 30 |
Balance c/d |
|
30,000 |
||
|
|
|
30,000 |
|
|
|
30,000 |
||
|
|
|
|
|
|
|
|
||
Cheque in Hand Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 22 |
Rakesh |
|
10,000 |
April 24 |
Bank |
|
14,912 |
||
April 24 |
Devender |
|
5,000 |
April 24 |
Interest |
|
88 |
||
|
|
|
15,000 |
|
|
|
15,000 |
||
|
|
|
|
|
|
|
|
||
Lalit |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Sales |
|
8,000 |
April 25 |
Cash |
|
7,800 |
||
|
|
|
|
April 25 |
Discount |
|
200 |
||
|
|
|
8,000 |
|
|
|
8,000 |
||
|
|
|
|
|
|
|
|
||
Vijay |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Sales |
|
6,000 |
April 11 |
Sales Return |
|
1,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
6,000 |
|
|
|
6,000 |
||
|
|
|
|
|
|
|
|
||
Delivery Van Expenses A/c |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 04 |
Cash |
|
5,700 |
April 30 |
Balance c/d |
|
5,700 |
||
|
|
|
5,700 |
|
|
|
5,700 |
||
|
|
|
|
|
|
|
|
||
Drawings Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 05 |
Cash |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Rajhans |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 16 |
Purchase Return |
|
1,000 |
April 02 |
Purchases |
|
8,000 |
||
April 30 |
Balance c/d |
|
7,000 |
|
|
|
|
||
|
|
|
8,000 |
|
|
|
8,000 |
||
|
|
|
|
|
|
|
|
||
Passi |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
7,000 |
April 02 |
Purchases |
|
7,000 |
||
|
|
|
7,000 |
|
|
|
7,000 |
||
|
|
|
|
|
|
|
|
||
Rakesh |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Sales |
|
17,000 |
April 11 |
Sales Return |
|
4,000 |
||
|
|
|
|
April 22 |
Cheque-in-hand |
|
10,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
3,000 |
||
|
|
|
17,000 |
|
|
|
17,000 |
||
|
|
|
|
|
|
|
|
||
Devender |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Sales |
|
5,000 |
April 22 |
Cheque-in-hand |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
||||
as on April 30, 2016 |
||||
S. No. |
Account Title |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
(i) |
Cash |
|
11,100 |
|
(ii) |
Bank |
|
74,914 |
|
(iii) |
Capital |
|
|
3,16,000 |
(iv) |
Premises |
|
2,00,000 |
|
(v) |
Deliver Van |
|
50,000 |
|
(vi) |
Fixtures |
|
5,000 |
|
(Vii) |
Stock |
|
75,000 |
|
(viii) |
Raj Hans |
|
|
7,000 |
(ix) |
Passi |
|
|
7,000 |
(x) |
Rakesh |
|
3,000 |
|
(xi) |
Vijay |
|
5,000 |
|
(xii) |
Delivery Van Expenses |
|
5,700 |
|
(xiii) |
Drawings |
|
4,000 |
|
(xiv) |
Expense Payable Account |
|
|
5,000 |
(xv) |
Rent |
|
5,000 |
|
(xvi) |
Purchases |
|
30,000 |
|
(xvii) |
Prabhat |
|
|
11,000 |
(xviii) |
Jawahar |
|
|
50,000 |
(xix) |
Vikas |
|
|
35,000 |
(xx) |
Telephone Expense Payable |
|
|
4,000 |
(xxi) |
Sales |
|
|
41,000 |
(xxii) |
Salaries |
|
7,000 |
|
(xxiii) |
Sales Return |
|
5,000 |
|
(xxiv) |
Purchases Return |
|
|
5,000 |
(xxv) |
Interest |
|
86 |
|
(xxvi) |
Discount |
|
200 |
|
|
|
|
4,81,000 |
4,81,000 |
|
|
|
|
|
Page No 8.33:
Question 8:
Books of Rajesh Prabhu |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Premises A/c |
Dr. |
|
2,00,000 |
|
|
Delivery Van A/c |
Dr. |
|
50,000 |
|
|
Fixtures A/c |
Dr. |
|
5,000 |
|
|
Stock A/c |
Dr. |
|
75,000 |
|
|
Hariharan |
Dr. |
|
30,000 |
|
|
Rajan |
Dr. |
|
50,000 |
|
|
Bank A/c |
Dr. |
|
45,000 |
|
|
Cash A/c |
Dr. |
|
15,000 |
|
|
To Jawahar |
|
|
1,00,000 |
|
|
To Vikas |
|
|
45,000 |
|
|
To Telephone Expenses Payable A/c |
|
|
4,000 |
|
|
To Expenses Payable A/c |
|
|
5,000 |
|
|
To Capital A/c (Balancing Figure) |
|
|
3,16,000 |
|
|
(Balance forwarded from the last month) |
|
|
|
|
|
|
|
|
|
|
April 01 |
Rent A/c |
Dr. |
|
5,000 |
|
|
To Bank A/c |
|
|
5,000 |
|
|
(Rent paid by cheque) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Purchases A/c |
Dr. |
|
30,000 |
|
|
To Prabhat |
|
|
15,000 |
|
|
To Rajhans |
|
|
8,000 |
|
|
To Passi |
|
|
7,000 |
|
|
(Goods purchased from Prabhat, Rajhans and Passi) |
|
|
|
|
|
|
|
|
|
|
April 03 |
Rakesh |
Dr. |
|
17,000 |
|
|
Devender |
Dr. |
|
5,000 |
|
|
Lalit |
Dr. |
|
8,000 |
|
|
Vijay |
Dr. |
|
6,000 |
|
|
To Sales A/c |
|
|
36,000 |
|
|
(Sold goods to Rakesh, Devender, Lalit and Vijay ) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Delivery Van Expenses A/c |
Dr. |
|
5,700 |
|
|
To Cash A/c |
|
|
5,700 |
|
|
(Paid for petrol expenses of Delivery Van) |
|
|
|
|
|
|
|
|
|
|
April 05 |
Drawings A/c |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
4,000 |
|
|
(Cash drawn by proprietor) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Salaries A/c |
Dr. |
|
7,000 |
|
|
To Cash A/c |
|
|
7,000 |
|
|
(Paid salaries) |
|
|
|
|
|
|
|
|
|
|
April 09 |
Cash A/c |
Dr. |
|
5,000 |
|
|
To Sales A/c |
|
|
5,000 |
|
|
(Goods Sold for Cash) |
|
|
|
|
|
|
|
|
|
|
April 11 |
Sales Return A/c |
Dr. |
|
5,000 |
|
|
To Rakesh |
|
|
4,000 |
|
|
To Vijay |
|
|
1,000 |
|
|
(Goods returned by Rakesh and Vijay) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Bank A/c |
Dr. |
|
60,000 |
|
|
To Hariharan |
|
|
20,000 |
|
|
To Rajan |
|
|
40,000 |
|
|
(Received Cheques from Hariharan and Rajan) |
|
|
|
|
|
|
|
|
|
|
April 16 |
Prabhat |
Dr. |
|
4,000 |
|
|
Rajhans |
Dr. |
|
1,000 |
|
|
To Purchases Return |
|
|
5,000 |
|
|
(Goods returned to Prabhat and Rajhans) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Jawahar |
Dr. |
|
50,000 |
|
|
Vikas |
Dr. |
|
10,000 |
|
|
To Bank A/c |
|
|
60,000 |
|
|
(Cheques issued to Jawahar and Vikas) |
|
|
|
|
|
|
|
|
|
|
April 22 |
Bank A/c |
Dr. |
|
20,000 |
|
|
To Hariharan |
|
|
10,000 |
|
|
To Rajan |
|
|
10,000 |
|
|
(Received Cheques from Hariharan and Rajan) |
|
|
|
|
|
|
|
|
|
|
April 22 |
Cheque-in-hand A/c |
Dr. |
|
15,000 |
|
|
To Rakesh |
|
|
10,000 |
|
|
To Devender |
|
|
5,000 |
|
|
(Cheques Received from Rakesh and Devender which are dated. 15 May 2012) |
|
|
|
|
|
|
|
|
|
|
April 24 |
Bank A/c |
Dr. |
|
14,914 |
|
|
Interest A/c |
Dr. |
|
86 |
|
|
To Cheque-in-hand A/c |
|
|
15,000 |
|
|
(Rakesh and Devender’s Cheque discounted with bank at interest of 10% p.a |
|
|
|
|
|
[15,000 × 10% × (21/365)]) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Cash A/c |
Dr. |
|
7,800 |
|
|
Discount A/c |
Dr. |
|
200 |
|
|
To Lalit |
|
|
8,000 |
|
|
(Cash Received from Lalit and discount allowed) |
|
|
|
|
|
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
15,000 |
April 04 |
Delivery Van Exp. |
|
5,700 |
||
April 09 |
Sales |
|
5,000 |
April 05 |
Drawings |
|
4,000 |
||
April 18 |
Lalit |
|
7,800 |
April 07 |
Salaries |
|
7,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
11,100 |
||
|
|
|
27,800 |
|
|
|
27,800 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
45,000 |
April 01 |
Rent |
|
5,000 |
||
April 12 |
Hari Haran |
|
20,000 |
April 20 |
Jawahar |
|
50,000 |
||
April 12 |
Rajan |
|
40,000 |
April 20 |
Vikas |
|
10,000 |
||
April 22 |
Hari Haran |
|
10,000 |
April 30 |
Balance c/d |
|
74,914 |
||
April 22 |
Rajan |
|
10,000 |
|
|
|
|
||
April 24 |
Cheque in Hand |
|
14,914 |
|
|
|
|
||
|
|
|
1,39,914 |
|
|
|
1,39,914 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
3,16,000 |
April 01 |
Balance b/d |
|
3,16,000 |
||
|
|
|
3,16,000 |
|
|
|
3,16,000 |
||
|
|
|
|
|
|
|
|
||
Premises Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
2,00,000 |
April 30 |
Balance c/d |
|
2,00,000 |
||
|
|
|
2,00,000 |
|
|
|
2,00,000 |
||
|
|
|
|
|
|
|
|
||
Delivery Van Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
50,000 |
April 30 |
Balance c/d |
|
50,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Fixture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
5,000 |
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
75,000 |
April 30 |
Balance c/d |
|
75,000 |
||
|
|
|
75,000 |
|
|
|
75,000 |
||
|
|
|
|
|
|
|
|
||
Hariharan |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
30,000 |
April 12 |
Bank |
|
20,000 |
||
|
|
|
|
April 22 |
Bank |
|
10,000 |
||
|
|
|
30,000 |
|
|
|
30,000 |
||
|
|
|
|
|
|
|
|
||
Rajan |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
50,000 |
April 12 |
Bank |
|
40,000 |
||
|
|
|
|
April 22 |
Bank |
|
10,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Jawahar |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Bank |
|
50,000 |
April 01 |
Balance b/d |
|
1,00,000 |
||
April 30 |
Balance c/d |
|
50,000 |
|
|
|
|
||
|
|
|
1,00,000 |
|
|
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
Vikas |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Bank |
|
10,000 |
April 01 |
Balance b/d |
|
45,000 |
||
April 30 |
Balance c/d |
|
35,000 |
|
|
|
|
||
|
|
|
45,000 |
|
|
|
45,000 |
||
|
|
|
|
|
|
|
|
||
Telephone Expense Payable Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
4,000 |
April 01 |
Balance b/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Expenses Payable Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
5,000 |
April 01 |
Balance b/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Bank A/c |
|
5,000 |
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Prabhat |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 16 |
Purchases Returns |
|
4,000 |
April 02 |
Purchases A/c |
|
15,000 |
||
April 30 |
Balance c/d |
|
11,000 |
|
|
|
|
||
|
|
|
15,000 |
|
|
|
15,000 |
||
|
|
|
|
|
|
|
|
||
Salaries Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Cash |
|
7,000 |
April 30 |
Balance c/d |
|
7,000 |
||
|
|
|
7,000 |
|
|
|
7,000 |
||
|
|
|
|
|
|
|
|
||
Sales Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 11 |
Rakesh |
|
4,000 |
|
|
|
|
||
|
Vijay |
|
1,000 |
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
5,000 |
April 16 |
Prabhat |
|
4,000 |
||
|
|
|
|
|
Rajhans |
|
1,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Interest Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 24 |
Cheque in Hand |
|
86 |
April 30 |
Balance c/d |
|
86 |
||
|
|
|
86 |
|
|
|
86 |
||
|
|
|
|
|
|
|
|
||
Discount Account |
|||||||
|
Cr. |
||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 25 |
Lalit |
|
200 |
April 30 |
Balance c/d |
|
200 |
|
|
|
200 |
|
|
|
200 |
|
|
|
|
|
|
|
|
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 03 |
Rakesh |
|
17,000 |
||
|
|
|
|
April 03 |
Devender |
|
5,000 |
||
|
|
|
|
April 03 |
Lalit |
|
8,000 |
||
|
|
|
|
April 03 |
Vijay |
|
6,000 |
||
April 30 |
Balance c/d |
|
41,000 |
April 09 |
Cash |
|
5,000 |
||
|
|
|
41,000 |
|
|
|
41,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 02 |
Prabhat |
|
15,000 |
|
|
|
|
||
April 02 |
Rajhans |
|
8,000 |
|
|
|
|
||
April 02 |
Passi |
|
7,000 |
April 30 |
Balance c/d |
|
30,000 |
||
|
|
|
30,000 |
|
|
|
30,000 |
||
|
|
|
|
|
|
|
|
||
Cheque in Hand Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 22 |
Rakesh |
|
10,000 |
April 24 |
Bank |
|
14,912 |
||
April 24 |
Devender |
|
5,000 |
April 24 |
Interest |
|
88 |
||
|
|
|
15,000 |
|
|
|
15,000 |
||
|
|
|
|
|
|
|
|
||
Lalit |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Sales |
|
8,000 |
April 25 |
Cash |
|
7,800 |
||
|
|
|
|
April 25 |
Discount |
|
200 |
||
|
|
|
8,000 |
|
|
|
8,000 |
||
|
|
|
|
|
|
|
|
||
Vijay |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Sales |
|
6,000 |
April 11 |
Sales Return |
|
1,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
6,000 |
|
|
|
6,000 |
||
|
|
|
|
|
|
|
|
||
Delivery Van Expenses A/c |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 04 |
Cash |
|
5,700 |
April 30 |
Balance c/d |
|
5,700 |
||
|
|
|
5,700 |
|
|
|
5,700 |
||
|
|
|
|
|
|
|
|
||
Drawings Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 05 |
Cash |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Rajhans |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 16 |
Purchase Return |
|
1,000 |
April 02 |
Purchases |
|
8,000 |
||
April 30 |
Balance c/d |
|
7,000 |
|
|
|
|
||
|
|
|
8,000 |
|
|
|
8,000 |
||
|
|
|
|
|
|
|
|
||
Passi |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
7,000 |
April 02 |
Purchases |
|
7,000 |
||
|
|
|
7,000 |
|
|
|
7,000 |
||
|
|
|
|
|
|
|
|
||
Rakesh |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Sales |
|
17,000 |
April 11 |
Sales Return |
|
4,000 |
||
|
|
|
|
April 22 |
Cheque-in-hand |
|
10,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
3,000 |
||
|
|
|
17,000 |
|
|
|
17,000 |
||
|
|
|
|
|
|
|
|
||
Devender |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 03 |
Sales |
|
5,000 |
April 22 |
Cheque-in-hand |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
||||
as on April 30, 2016 |
||||
S. No. |
Account Title |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
(i) |
Cash |
|
11,100 |
|
(ii) |
Bank |
|
74,914 |
|
(iii) |
Capital |
|
|
3,16,000 |
(iv) |
Premises |
|
2,00,000 |
|
(v) |
Deliver Van |
|
50,000 |
|
(vi) |
Fixtures |
|
5,000 |
|
(Vii) |
Stock |
|
75,000 |
|
(viii) |
Raj Hans |
|
|
7,000 |
(ix) |
Passi |
|
|
7,000 |
(x) |
Rakesh |
|
3,000 |
|
(xi) |
Vijay |
|
5,000 |
|
(xii) |
Delivery Van Expenses |
|
5,700 |
|
(xiii) |
Drawings |
|
4,000 |
|
(xiv) |
Expense Payable Account |
|
|
5,000 |
(xv) |
Rent |
|
5,000 |
|
(xvi) |
Purchases |
|
30,000 |
|
(xvii) |
Prabhat |
|
|
11,000 |
(xviii) |
Jawahar |
|
|
50,000 |
(xix) |
Vikas |
|
|
35,000 |
(xx) |
Telephone Expense Payable |
|
|
4,000 |
(xxi) |
Sales |
|
|
41,000 |
(xxii) |
Salaries |
|
7,000 |
|
(xxiii) |
Sales Return |
|
5,000 |
|
(xxiv) |
Purchases Return |
|
|
5,000 |
(xxv) |
Interest |
|
86 |
|
(xxvi) |
Discount |
|
200 |
|
|
|
|
4,81,000 |
4,81,000 |
|
|
|
|
|
Answer:
Books M/s. Karim Bros. |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
20,000 |
|
|
Bank A/c |
Dr. |
|
35,000 |
|
|
Stock A/c |
Dr. |
|
15,000 |
|
|
Furniture A/c |
Dr. |
|
4,500 |
|
|
Poonam |
Dr. |
|
20,000 |
|
|
Sonu |
Dr. |
|
10,000 |
|
|
To Ashok |
|
|
13,500 |
|
|
To Pankaj |
|
|
21,500 |
|
|
To Capital A/c |
|
|
69,500 |
|
|
(Balance brought forwarded from the last month) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Purchases A/c |
Dr. |
|
5,000 |
|
|
To Pankaj |
|
|
5,000 |
|
|
(Bought goods from Pankaj) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Ashok |
Dr. |
|
13,500 |
|
|
To Bank A/c |
|
|
13,000 |
|
|
To Discount Received A/c |
|
|
500 |
|
|
(Payment made to Ashok and discount received) |
|
|
|
|
|
|
|
|
|
|
April 10 |
Poonam |
Dr. |
|
11,000 |
|
|
To Sales |
|
|
11,000 |
|
|
( Sold goods to Poonam) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Purchases A/c |
Dr. |
|
15,000 |
|
|
To Ashok |
|
|
15,000 |
|
|
(Bought goods from Ashok ) |
|
|
|
|
|
|
|
|
|
|
April 15 |
Sonu |
Dr. |
|
6,000 |
|
|
To Sales A/c |
|
|
6,000 |
|
|
(Sold goods to Sonu) |
|
|
|
|
|
|
|
|
|
|
April 18 |
Bank A/c |
Dr. |
|
24,500 |
|
|
Discount Allowed A/c |
Dr. |
|
1,500 |
|
|
To Poonam A/c |
|
|
26,000 |
|
|
(Cheque received from Poonam and discount allowed) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Stationery A/c |
Dr. |
|
1,200 |
|
|
To Cash A/c |
|
|
1,200 |
|
|
(Paid for stationery) |
|
|
|
|
|
|
|
|
|
|
April 27 |
Rent A/c |
Dr. |
|
3,500 |
|
|
To Bank A/c |
|
|
3,500 |
|
|
(Paid for rent) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Salaries A/c |
Dr. |
|
6,000 |
|
|
To Cash A/c |
|
|
6,000 |
|
|
(Paid salaries) |
|
|
|
|
|
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
20,000 |
April 25 |
Stationery |
|
1,200 |
||
|
|
|
|
April 30 |
Salaries |
|
6,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
12,800 |
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
35,000 |
April 07 |
Ashok |
|
13,000 |
||
April 18 |
Poonam |
|
24,500 |
April 27 |
Rent |
|
3,500 |
||
|
|
|
|
April 30 |
Balance c/d |
|
43,000 |
||
|
|
|
59,500 |
|
|
|
59,500 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
15,000 |
April 30 |
Balance c/d |
|
15,000 |
||
|
|
|
15,000 |
|
|
|
15,000 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
4,500 |
April 30 |
Balance c/d |
|
4,500 |
||
|
|
|
4,500 |
|
|
|
4,500 |
||
|
|
|
|
|
|
|
|
Poonam |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
20,000 |
April 18 |
Bank |
|
24,500 |
||
April 10 |
Sales |
|
11,000 |
|
Discount Allowed |
|
1,500 |
||
|
|
|
|
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
31,000 |
|
|
|
31,000 |
||
|
|
|
|
|
|
|
|
||
Sonu |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
10,000 |
|
|
|
|
||
April 15 |
Sales |
|
6,000 |
April 30 |
Balance c/d |
|
16,000 |
||
|
|
|
16,000 |
|
|
|
16,000 |
||
|
|
|
|
|
|
|
|
||
Ashok |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Bank |
|
13,000 |
April 01 |
Balance b/d |
|
13,500 |
||
|
Discount Received |
|
500 |
April 12 |
Purchases |
|
15,000 |
||
April 30 |
Balance c/d |
|
15,000 |
|
|
|
|
||
|
|
|
28,500 |
|
|
|
28,500 |
||
|
|
|
|
|
|
|
|
||
Pankaj |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 01 |
Balance b/d |
|
21,500 |
||
April 30 |
Balance c/d |
|
26,500 |
April 04 |
Purchases |
|
5,000 |
||
|
|
|
26,500 |
|
|
|
26,500 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
69,500 |
April 01 |
Balance b/d |
|
69,500 |
||
|
|
|
69,500 |
|
|
|
69,500 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 04 |
Pankaj |
|
5,000 |
April 30 |
Balance c/d |
|
20,000 |
||
April 12 |
Ashok |
|
15,000 |
|
|
|
|
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Discount Received Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
500 |
April 07 |
Ashok |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
17,000 |
April 10 |
Poonam |
|
11,000 |
||
|
|
|
|
April 15 |
Sonu |
|
6,000 |
||
|
|
|
17,000 |
|
|
|
17,000 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 18 |
Poonam |
|
1,500 |
April 30 |
Balance b/d |
|
1,500 |
||
|
|
|
1,500 |
|
|
|
1,500 |
||
|
|
|
|
|
|
|
|
||
Stationery Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 25 |
Cash |
|
1,200 |
April 30 |
Balance c/d |
|
1,200 |
||
|
|
|
1,200 |
|
|
|
1,200 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 27 |
Bank |
|
3,500 |
April 30 |
Balance c/d |
|
3,500 |
||
|
|
|
3,500 |
|
|
|
3,500 |
||
|
|
|
|
|
|
|
|
||
Salaries Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
6,000 |
April 30 |
Balance c/d |
|
6,000 |
||
|
|
|
6,000 |
|
|
|
6,000 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
||
as on April 30, 2016 |
||
Amount Title |
Debit Amount (Rs) |
Credit Amount (Rs) |
Capital |
|
69,500 |
Purchases |
20,000 |
|
Discount Received |
|
500 |
Sales |
|
17,000 |
Discount Allowed |
1,500 |
|
Stationery |
1,200 |
|
Rent |
3,500 |
|
Salaries |
6,000 |
|
Cash |
12,800 |
|
Bank |
43,000 |
|
Stock |
15,000 |
|
Furniture |
4,500 |
|
Poonam |
5,000 |
|
Sonu |
16,000 |
|
Ashok |
|
15,000 |
Pankaj |
|
26,500 |
|
1,28,500 |
1,28,500 |
|
|
|
Page No 8.33:
Question 9:
Books M/s. Karim Bros. |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
20,000 |
|
|
Bank A/c |
Dr. |
|
35,000 |
|
|
Stock A/c |
Dr. |
|
15,000 |
|
|
Furniture A/c |
Dr. |
|
4,500 |
|
|
Poonam |
Dr. |
|
20,000 |
|
|
Sonu |
Dr. |
|
10,000 |
|
|
To Ashok |
|
|
13,500 |
|
|
To Pankaj |
|
|
21,500 |
|
|
To Capital A/c |
|
|
69,500 |
|
|
(Balance brought forwarded from the last month) |
|
|
|
|
|
|
|
|
|
|
April 04 |
Purchases A/c |
Dr. |
|
5,000 |
|
|
To Pankaj |
|
|
5,000 |
|
|
(Bought goods from Pankaj) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Ashok |
Dr. |
|
13,500 |
|
|
To Bank A/c |
|
|
13,000 |
|
|
To Discount Received A/c |
|
|
500 |
|
|
(Payment made to Ashok and discount received) |
|
|
|
|
|
|
|
|
|
|
April 10 |
Poonam |
Dr. |
|
11,000 |
|
|
To Sales |
|
|
11,000 |
|
|
( Sold goods to Poonam) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Purchases A/c |
Dr. |
|
15,000 |
|
|
To Ashok |
|
|
15,000 |
|
|
(Bought goods from Ashok ) |
|
|
|
|
|
|
|
|
|
|
April 15 |
Sonu |
Dr. |
|
6,000 |
|
|
To Sales A/c |
|
|
6,000 |
|
|
(Sold goods to Sonu) |
|
|
|
|
|
|
|
|
|
|
April 18 |
Bank A/c |
Dr. |
|
24,500 |
|
|
Discount Allowed A/c |
Dr. |
|
1,500 |
|
|
To Poonam A/c |
|
|
26,000 |
|
|
(Cheque received from Poonam and discount allowed) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Stationery A/c |
Dr. |
|
1,200 |
|
|
To Cash A/c |
|
|
1,200 |
|
|
(Paid for stationery) |
|
|
|
|
|
|
|
|
|
|
April 27 |
Rent A/c |
Dr. |
|
3,500 |
|
|
To Bank A/c |
|
|
3,500 |
|
|
(Paid for rent) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Salaries A/c |
Dr. |
|
6,000 |
|
|
To Cash A/c |
|
|
6,000 |
|
|
(Paid salaries) |
|
|
|
|
|
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
20,000 |
April 25 |
Stationery |
|
1,200 |
||
|
|
|
|
April 30 |
Salaries |
|
6,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
12,800 |
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
35,000 |
April 07 |
Ashok |
|
13,000 |
||
April 18 |
Poonam |
|
24,500 |
April 27 |
Rent |
|
3,500 |
||
|
|
|
|
April 30 |
Balance c/d |
|
43,000 |
||
|
|
|
59,500 |
|
|
|
59,500 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
15,000 |
April 30 |
Balance c/d |
|
15,000 |
||
|
|
|
15,000 |
|
|
|
15,000 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
4,500 |
April 30 |
Balance c/d |
|
4,500 |
||
|
|
|
4,500 |
|
|
|
4,500 |
||
|
|
|
|
|
|
|
|
Poonam |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
20,000 |
April 18 |
Bank |
|
24,500 |
||
April 10 |
Sales |
|
11,000 |
|
Discount Allowed |
|
1,500 |
||
|
|
|
|
April 30 |
Balance c/d |
|
5,000 |
||
|
|
|
31,000 |
|
|
|
31,000 |
||
|
|
|
|
|
|
|
|
||
Sonu |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Balance b/d |
|
10,000 |
|
|
|
|
||
April 15 |
Sales |
|
6,000 |
April 30 |
Balance c/d |
|
16,000 |
||
|
|
|
16,000 |
|
|
|
16,000 |
||
|
|
|
|
|
|
|
|
||
Ashok |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Bank |
|
13,000 |
April 01 |
Balance b/d |
|
13,500 |
||
|
Discount Received |
|
500 |
April 12 |
Purchases |
|
15,000 |
||
April 30 |
Balance c/d |
|
15,000 |
|
|
|
|
||
|
|
|
28,500 |
|
|
|
28,500 |
||
|
|
|
|
|
|
|
|
||
Pankaj |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 01 |
Balance b/d |
|
21,500 |
||
April 30 |
Balance c/d |
|
26,500 |
April 04 |
Purchases |
|
5,000 |
||
|
|
|
26,500 |
|
|
|
26,500 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
69,500 |
April 01 |
Balance b/d |
|
69,500 |
||
|
|
|
69,500 |
|
|
|
69,500 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 04 |
Pankaj |
|
5,000 |
April 30 |
Balance c/d |
|
20,000 |
||
April 12 |
Ashok |
|
15,000 |
|
|
|
|
||
|
|
|
20,000 |
|
|
|
20,000 |
||
|
|
|
|
|
|
|
|
||
Discount Received Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
500 |
April 07 |
Ashok |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
17,000 |
April 10 |
Poonam |
|
11,000 |
||
|
|
|
|
April 15 |
Sonu |
|
6,000 |
||
|
|
|
17,000 |
|
|
|
17,000 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 18 |
Poonam |
|
1,500 |
April 30 |
Balance b/d |
|
1,500 |
||
|
|
|
1,500 |
|
|
|
1,500 |
||
|
|
|
|
|
|
|
|
||
Stationery Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 25 |
Cash |
|
1,200 |
April 30 |
Balance c/d |
|
1,200 |
||
|
|
|
1,200 |
|
|
|
1,200 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 27 |
Bank |
|
3,500 |
April 30 |
Balance c/d |
|
3,500 |
||
|
|
|
3,500 |
|
|
|
3,500 |
||
|
|
|
|
|
|
|
|
||
Salaries Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
6,000 |
April 30 |
Balance c/d |
|
6,000 |
||
|
|
|
6,000 |
|
|
|
6,000 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
||
as on April 30, 2016 |
||
Amount Title |
Debit Amount (Rs) |
Credit Amount (Rs) |
Capital |
|
69,500 |
Purchases |
20,000 |
|
Discount Received |
|
500 |
Sales |
|
17,000 |
Discount Allowed |
1,500 |
|
Stationery |
1,200 |
|
Rent |
3,500 |
|
Salaries |
6,000 |
|
Cash |
12,800 |
|
Bank |
43,000 |
|
Stock |
15,000 |
|
Furniture |
4,500 |
|
Poonam |
5,000 |
|
Sonu |
16,000 |
|
Ashok |
|
15,000 |
Pankaj |
|
26,500 |
|
1,28,500 |
1,28,500 |
|
|
|
Answer:
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.01 |
Capital A/c |
|
10,000 |
Jan.02 |
Purchases A/c |
|
2,000 |
||
Jan.03 |
Sales A/c |
|
700 |
Jan.07 |
Purchases A/c |
|
1,500 |
||
Jan.13 |
Sales A/c |
|
500 |
Jan.10 |
Wages A/c |
|
200 |
||
Jan.20 |
Sales A/c |
|
3,000 |
Jan.22 |
Electricity Bill A/c |
|
100 |
||
Jan.25 |
Sales A/c |
|
1,000 |
Jan.23 |
Wages A/c |
|
250 |
||
|
|
|
|
Jan.28 |
Advertisement A/c |
|
50 |
||
|
|
|
|
Jan.29 |
Rent A/c |
|
80 |
||
|
|
|
|
Jan.31 |
Wages A/c |
|
300 |
||
|
|
|
|
Jan.31 |
Balance c/d |
|
10,720 |
||
|
|
|
15,200 |
|
|
|
15,200 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
10,000 |
Jan.01 |
Cash A/c |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.02 |
Cash A/c |
|
2,000 |
Jan.31 |
Balance c/d |
|
8,500 |
||
Jan.07 |
Cash A/c |
|
1,500 |
|
|
|
|
||
Jan.18 |
Anurag’s A/c |
|
5,000 |
|
|
|
|
||
|
|
|
8,500 |
|
|
|
8,500 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.31 |
Balance c/d |
|
5,800 |
Jan.03 |
Cash A/c |
|
700 |
||
|
|
|
|
Jan.13 |
Cash A/c |
|
500 |
||
|
|
|
|
Jan.15 |
Shravan’s A/c |
|
600 |
||
|
|
|
|
Jan.20 |
Cash A/c |
|
3,000 |
||
|
|
|
|
Jan.25 |
Cash A/c |
|
1,000 |
||
|
|
|
5,800 |
|
|
|
5,800 |
||
|
|
|
|
|
|
|
|
||
Shravan’s Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.15 |
Sales A/c |
|
600 |
Jan.31 |
Balance c/d |
|
600 |
||
|
|
|
600 |
|
|
|
600 |
||
|
|
|
|
|
|
|
|
||
Anurag’s Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.19 |
Purchases Return A/c |
|
500 |
Jan.18 |
Purchases A/c |
|
5,000 |
||
Jan.31 |
Balance c/d |
|
4,500 |
|
|
|
|
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.31 |
Balance c/d |
|
500 |
Jan.19 |
Anurag’s A/c |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
||
Electricity Bill Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.22 |
Cash A/c |
|
100 |
Jan.31 |
Balance c/d |
|
100 |
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
Wages Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.10 |
Cash A/c |
|
200 |
Jan.31 |
Balance c/d |
|
750 |
||
Jan.23 |
Cash A/c |
|
250 |
|
|
|
|
||
Jan.31 |
Cash A/c |
|
300 |
|
|
|
|
||
|
|
|
750 |
|
|
|
750 |
||
|
|
|
|
|
|
|
|
||
Advertisement Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.28 |
Cash A/c |
|
50 |
Jan.31 |
Balance c/d |
|
50 |
||
|
|
|
50 |
|
|
|
50 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.29 |
Cash A/c |
|
80 |
Jan.31 |
Balance c/d |
|
80 |
||
|
|
|
80 |
|
|
|
80 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
||
as on January 31, 2016 |
||
Particulars |
Debit Amount (Rs) |
Credit Amount (Rs) |
Cash A/c |
10,720 |
- |
Capital A/c |
- |
10,000 |
Purchases A/c |
8,500 |
- |
Sales A/c |
- |
5,800 |
Wages A/c |
750 |
- |
Sharavan |
600 |
- |
Anurag |
- |
4,500 |
Purchases Return A/c |
|
500 |
Electricity Bills A/c |
100 |
- |
Advt. A/c |
50 |
- |
Rent A/c |
80 |
- |
|
|
|
Grand Total |
20,800 |
20,800 |
|
|
|
Page No 8.34:
Question 10:
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.01 |
Capital A/c |
|
10,000 |
Jan.02 |
Purchases A/c |
|
2,000 |
||
Jan.03 |
Sales A/c |
|
700 |
Jan.07 |
Purchases A/c |
|
1,500 |
||
Jan.13 |
Sales A/c |
|
500 |
Jan.10 |
Wages A/c |
|
200 |
||
Jan.20 |
Sales A/c |
|
3,000 |
Jan.22 |
Electricity Bill A/c |
|
100 |
||
Jan.25 |
Sales A/c |
|
1,000 |
Jan.23 |
Wages A/c |
|
250 |
||
|
|
|
|
Jan.28 |
Advertisement A/c |
|
50 |
||
|
|
|
|
Jan.29 |
Rent A/c |
|
80 |
||
|
|
|
|
Jan.31 |
Wages A/c |
|
300 |
||
|
|
|
|
Jan.31 |
Balance c/d |
|
10,720 |
||
|
|
|
15,200 |
|
|
|
15,200 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan. 31 |
Balance c/d |
|
10,000 |
Jan.01 |
Cash A/c |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.02 |
Cash A/c |
|
2,000 |
Jan.31 |
Balance c/d |
|
8,500 |
||
Jan.07 |
Cash A/c |
|
1,500 |
|
|
|
|
||
Jan.18 |
Anurag’s A/c |
|
5,000 |
|
|
|
|
||
|
|
|
8,500 |
|
|
|
8,500 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.31 |
Balance c/d |
|
5,800 |
Jan.03 |
Cash A/c |
|
700 |
||
|
|
|
|
Jan.13 |
Cash A/c |
|
500 |
||
|
|
|
|
Jan.15 |
Shravan’s A/c |
|
600 |
||
|
|
|
|
Jan.20 |
Cash A/c |
|
3,000 |
||
|
|
|
|
Jan.25 |
Cash A/c |
|
1,000 |
||
|
|
|
5,800 |
|
|
|
5,800 |
||
|
|
|
|
|
|
|
|
||
Shravan’s Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.15 |
Sales A/c |
|
600 |
Jan.31 |
Balance c/d |
|
600 |
||
|
|
|
600 |
|
|
|
600 |
||
|
|
|
|
|
|
|
|
||
Anurag’s Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.19 |
Purchases Return A/c |
|
500 |
Jan.18 |
Purchases A/c |
|
5,000 |
||
Jan.31 |
Balance c/d |
|
4,500 |
|
|
|
|
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Return Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.31 |
Balance c/d |
|
500 |
Jan.19 |
Anurag’s A/c |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
||
Electricity Bill Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.22 |
Cash A/c |
|
100 |
Jan.31 |
Balance c/d |
|
100 |
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
Wages Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.10 |
Cash A/c |
|
200 |
Jan.31 |
Balance c/d |
|
750 |
||
Jan.23 |
Cash A/c |
|
250 |
|
|
|
|
||
Jan.31 |
Cash A/c |
|
300 |
|
|
|
|
||
|
|
|
750 |
|
|
|
750 |
||
|
|
|
|
|
|
|
|
||
Advertisement Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.28 |
Cash A/c |
|
50 |
Jan.31 |
Balance c/d |
|
50 |
||
|
|
|
50 |
|
|
|
50 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Jan.29 |
Cash A/c |
|
80 |
Jan.31 |
Balance c/d |
|
80 |
||
|
|
|
80 |
|
|
|
80 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
||
as on January 31, 2016 |
||
Particulars |
Debit Amount (Rs) |
Credit Amount (Rs) |
Cash A/c |
10,720 |
- |
Capital A/c |
- |
10,000 |
Purchases A/c |
8,500 |
- |
Sales A/c |
- |
5,800 |
Wages A/c |
750 |
- |
Sharavan |
600 |
- |
Anurag |
- |
4,500 |
Purchases Return A/c |
|
500 |
Electricity Bills A/c |
100 |
- |
Advt. A/c |
50 |
- |
Rent A/c |
80 |
- |
|
|
|
Grand Total |
20,800 |
20,800 |
|
|
|
Answer:
Books of Ashok |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
40,000 |
|
|
To Capital |
|
|
40,000 |
|
|
(Started business with Cash) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Bank A/c |
Dr. |
|
30,000 |
|
|
To Cash A/c |
|
|
30,000 |
|
|
(Deposited into bank) |
|
|
|
|
|
|
|
|
|
|
April 05 |
Purchases A/c |
Dr. |
|
5,000 |
|
|
To Cash A/c |
|
|
5,000 |
|
|
(Bought goods for cash) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Amit |
Dr. |
|
2,500 |
|
|
To Sales |
|
|
2,500 |
|
|
(Sold goods to Amit) |
|
|
|
|
|
|
|
|
|
|
April 09 |
Purchases A/c |
Dr. |
|
5,100 |
|
|
To Parvat |
|
|
5,100 |
|
|
(Bought goods from Parvat) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Cash A/c |
Dr. |
|
1,950 |
|
|
Discount Allowed A/c |
Dr. |
|
50 |
|
|
To Amit |
|
|
2,000 |
|
|
(Cash received from Amit and discount allowed) |
|
|
|
|
|
|
|
|
|
|
April 13 |
Parvat |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
3,900 |
|
|
To Discount Received |
|
|
100 |
|
|
(Paid cash to Parvat and discount received) |
|
|
|
|
|
|
|
|
|
|
April 14 |
Cash A/c |
Dr. |
|
2,750 |
|
|
To Sales A/c |
|
|
2,350 |
|
|
(Sold goods for Cash) |
|
|
|
|
|
|
|
|
|
|
April 15 |
Purchases A/c |
Dr. |
|
2,350 |
|
|
To Dinesh |
|
|
2,350 |
|
|
(Bought goods from Dinesh) |
|
|
|
|
|
|
|
|
|
|
April 16 |
Drawings A/c |
Dr. |
|
1,000 |
|
|
To Cash A/c |
|
|
1,000 |
|
|
(Cash drawn by Proprietor) |
|
|
|
|
|
|
|
|
|
|
April 17 |
Bank A/c |
Dr. |
|
500 |
|
|
To Amit |
|
|
500 |
|
|
(Received cash from Amit and deposited into bank) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Sundry Trade Expenses A/c |
Dr. |
|
250 |
|
|
To Cash A/c |
|
|
250 |
|
|
(Paid sundry trade expenses) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Rent A/c |
Dr. |
|
450 |
|
|
To Cash A/c |
|
|
450 |
|
|
(Paid rent by Cash) |
|
|
|
|
|
|
|
|
|
|
April 28 |
Dinesh |
Dr. |
|
2,350 |
|
|
To Cash A/c |
|
|
2,300 |
|
|
To Discount Received |
|
|
50 |
|
|
(Paid cash to Dinesh and discount received) |
|
|
|
|
|
|
|
|
|
|
April 29 |
Romy |
Dr. |
|
4,750 |
|
|
To Sales A/c |
|
|
4,750 |
|
|
(Goods sold to Romy) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Carriage A/c |
Dr. |
|
50 |
|
|
To Cash |
|
|
50 |
|
|
(Paid carriage) |
|
|
|
|
|
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Apr 01 |
Capital |
|
40,000 |
Apr 02 |
Bank |
|
30,000 |
||
Apr 12 |
Amit |
|
1,950 |
Apr 07 |
Purchases |
|
5,000 |
||
Apr 14 |
Sales |
|
2,750 |
Apr 13 |
Parvat |
|
3,900 |
||
|
|
|
|
Apr 16 |
Drawings |
|
1,000 |
||
|
|
|
|
Apr 20 |
Sundry Trade Expenses |
|
250 |
||
|
|
|
|
Apr 25 |
Rent |
|
450 |
||
|
|
|
|
Apr 28 |
Dinesh |
|
2,300 |
||
|
|
|
|
Apr 30 |
Carriage |
|
50 |
||
|
|
|
|
Apr 30 |
Balance c/d |
|
1,750 |
||
|
|
|
44,700 |
|
|
|
44,700 |
||
|
|
|
|
|
|
|
|
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
40,000 |
April 01 |
Cash |
|
40,000 |
||
|
|
|
40,000 |
|
|
|
40,000 |
||
|
|
|
|
|
|
|
|
||
Purchase Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Cash |
|
5,000 |
|
|
|
|
||
April 09 |
Parvat |
|
5,100 |
|
|
|
|
||
April 28 |
Dinesh |
|
2,350 |
April 30 |
Balance c/d |
|
12,450 |
||
|
|
|
12,450 |
|
|
|
12,450 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 02 |
Cash |
|
30,000 |
|
|
|
|
||
April 17 |
Amit |
|
500 |
April 30 |
Balance c/d |
|
30,500 |
||
|
|
|
30,500 |
|
|
|
30,500 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 07 |
Amit |
|
2,500 |
||
|
|
|
|
April 14 |
Cash |
|
2,750 |
||
April 30 |
Balance c/d |
|
10,000 |
April 29 |
Romy |
|
4,750 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Amit |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Sales |
|
2,500 |
April12 |
Cash |
|
1,950 |
||
|
|
|
|
|
Discount Allowed |
|
50 |
||
|
|
|
|
April 17 |
Bank |
|
500 |
||
|
|
|
2,500 |
|
|
|
2,500 |
||
|
|
|
|
|
|
|
|
||
Parvat |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 13 |
Cash |
|
3,900 |
April 09 |
Purchases |
|
5,100 |
||
|
Discount Received |
|
100 |
|
|
|
|
||
April 30 |
Balance c/d |
|
1,100 |
|
|
|
|
||
|
|
|
5,100 |
|
|
|
5,100 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 12 |
Amit |
|
50 |
April 30 |
Balance c/d |
|
50 |
||
|
|
|
50 |
|
|
|
50 |
||
|
|
|
|
|
|
|
|
||
Discount Received Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 13 |
Parvat |
|
100 |
||
April 30 |
Balance c/d |
|
150 |
April 28 |
Dinesh |
|
50 |
||
|
|
|
150 |
|
|
|
150 |
||
|
|
|
|
|
|
|
|
||
Dinesh |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 28 |
Cash |
|
2,300 |
April 15 |
Purchases |
|
2,350 |
||
|
Discount Received |
|
50 |
|
|
|
|
||
|
|
|
2,350 |
|
|
|
2,350 |
||
|
|
|
|
|
|
|
|
||
Drawings Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 16 |
Cash |
|
1,000 |
April 30 |
Balance c/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Sundry Trade Expenses Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Cash |
|
250 |
April 30 |
Balance c/d |
|
250 |
||
|
|
|
250 |
|
|
|
250 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 25 |
Cash |
|
450 |
April 30 |
Balance c/d |
|
450 |
||
|
|
|
450 |
|
|
|
450 |
||
|
|
|
|
|
|
|
|
||
Romy |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 29 |
Sales |
|
4,750 |
April 30 |
Balance c/d |
|
4,750 |
||
|
|
|
4,750 |
|
|
|
4,750 |
||
|
|
|
|
|
|
|
|
||
Carriage Account |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
50 |
April 30 |
Balance c/d |
|
50 |
||
|
|
|
50 |
|
|
|
50 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
|||
as on April 30, 2016 |
|||
Account Title |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
Cash |
|
1,750 |
|
Capital |
|
|
40,000 |
Purchases |
|
12,450 |
|
Bank |
|
30,500 |
|
Sales |
|
|
10,000 |
Parvat |
|
|
1,100 |
Discount Allowed |
|
50 |
|
Discount Received |
|
|
150 |
Drawings |
|
1,000 |
|
Sundry Trade Expenses |
|
250 |
|
Rent |
|
450 |
|
Romy |
|
4,750 |
|
Carriage |
|
50 |
|
|
|
51,250 |
51,250 |
|
|
|
|
Page No 8.34:
Question 11:
Books of Ashok |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
40,000 |
|
|
To Capital |
|
|
40,000 |
|
|
(Started business with Cash) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Bank A/c |
Dr. |
|
30,000 |
|
|
To Cash A/c |
|
|
30,000 |
|
|
(Deposited into bank) |
|
|
|
|
|
|
|
|
|
|
April 05 |
Purchases A/c |
Dr. |
|
5,000 |
|
|
To Cash A/c |
|
|
5,000 |
|
|
(Bought goods for cash) |
|
|
|
|
|
|
|
|
|
|
April 07 |
Amit |
Dr. |
|
2,500 |
|
|
To Sales |
|
|
2,500 |
|
|
(Sold goods to Amit) |
|
|
|
|
|
|
|
|
|
|
April 09 |
Purchases A/c |
Dr. |
|
5,100 |
|
|
To Parvat |
|
|
5,100 |
|
|
(Bought goods from Parvat) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Cash A/c |
Dr. |
|
1,950 |
|
|
Discount Allowed A/c |
Dr. |
|
50 |
|
|
To Amit |
|
|
2,000 |
|
|
(Cash received from Amit and discount allowed) |
|
|
|
|
|
|
|
|
|
|
April 13 |
Parvat |
Dr. |
|
4,000 |
|
|
To Cash A/c |
|
|
3,900 |
|
|
To Discount Received |
|
|
100 |
|
|
(Paid cash to Parvat and discount received) |
|
|
|
|
|
|
|
|
|
|
April 14 |
Cash A/c |
Dr. |
|
2,750 |
|
|
To Sales A/c |
|
|
2,350 |
|
|
(Sold goods for Cash) |
|
|
|
|
|
|
|
|
|
|
April 15 |
Purchases A/c |
Dr. |
|
2,350 |
|
|
To Dinesh |
|
|
2,350 |
|
|
(Bought goods from Dinesh) |
|
|
|
|
|
|
|
|
|
|
April 16 |
Drawings A/c |
Dr. |
|
1,000 |
|
|
To Cash A/c |
|
|
1,000 |
|
|
(Cash drawn by Proprietor) |
|
|
|
|
|
|
|
|
|
|
April 17 |
Bank A/c |
Dr. |
|
500 |
|
|
To Amit |
|
|
500 |
|
|
(Received cash from Amit and deposited into bank) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Sundry Trade Expenses A/c |
Dr. |
|
250 |
|
|
To Cash A/c |
|
|
250 |
|
|
(Paid sundry trade expenses) |
|
|
|
|
|
|
|
|
|
|
April 25 |
Rent A/c |
Dr. |
|
450 |
|
|
To Cash A/c |
|
|
450 |
|
|
(Paid rent by Cash) |
|
|
|
|
|
|
|
|
|
|
April 28 |
Dinesh |
Dr. |
|
2,350 |
|
|
To Cash A/c |
|
|
2,300 |
|
|
To Discount Received |
|
|
50 |
|
|
(Paid cash to Dinesh and discount received) |
|
|
|
|
|
|
|
|
|
|
April 29 |
Romy |
Dr. |
|
4,750 |
|
|
To Sales A/c |
|
|
4,750 |
|
|
(Goods sold to Romy) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Carriage A/c |
Dr. |
|
50 |
|
|
To Cash |
|
|
50 |
|
|
(Paid carriage) |
|
|
|
|
|
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
Apr 01 |
Capital |
|
40,000 |
Apr 02 |
Bank |
|
30,000 |
||
Apr 12 |
Amit |
|
1,950 |
Apr 07 |
Purchases |
|
5,000 |
||
Apr 14 |
Sales |
|
2,750 |
Apr 13 |
Parvat |
|
3,900 |
||
|
|
|
|
Apr 16 |
Drawings |
|
1,000 |
||
|
|
|
|
Apr 20 |
Sundry Trade Expenses |
|
250 |
||
|
|
|
|
Apr 25 |
Rent |
|
450 |
||
|
|
|
|
Apr 28 |
Dinesh |
|
2,300 |
||
|
|
|
|
Apr 30 |
Carriage |
|
50 |
||
|
|
|
|
Apr 30 |
Balance c/d |
|
1,750 |
||
|
|
|
44,700 |
|
|
|
44,700 |
||
|
|
|
|
|
|
|
|
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
40,000 |
April 01 |
Cash |
|
40,000 |
||
|
|
|
40,000 |
|
|
|
40,000 |
||
|
|
|
|
|
|
|
|
||
Purchase Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Cash |
|
5,000 |
|
|
|
|
||
April 09 |
Parvat |
|
5,100 |
|
|
|
|
||
April 28 |
Dinesh |
|
2,350 |
April 30 |
Balance c/d |
|
12,450 |
||
|
|
|
12,450 |
|
|
|
12,450 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 02 |
Cash |
|
30,000 |
|
|
|
|
||
April 17 |
Amit |
|
500 |
April 30 |
Balance c/d |
|
30,500 |
||
|
|
|
30,500 |
|
|
|
30,500 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 07 |
Amit |
|
2,500 |
||
|
|
|
|
April 14 |
Cash |
|
2,750 |
||
April 30 |
Balance c/d |
|
10,000 |
April 29 |
Romy |
|
4,750 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Amit |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 07 |
Sales |
|
2,500 |
April12 |
Cash |
|
1,950 |
||
|
|
|
|
|
Discount Allowed |
|
50 |
||
|
|
|
|
April 17 |
Bank |
|
500 |
||
|
|
|
2,500 |
|
|
|
2,500 |
||
|
|
|
|
|
|
|
|
||
Parvat |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 13 |
Cash |
|
3,900 |
April 09 |
Purchases |
|
5,100 |
||
|
Discount Received |
|
100 |
|
|
|
|
||
April 30 |
Balance c/d |
|
1,100 |
|
|
|
|
||
|
|
|
5,100 |
|
|
|
5,100 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 12 |
Amit |
|
50 |
April 30 |
Balance c/d |
|
50 |
||
|
|
|
50 |
|
|
|
50 |
||
|
|
|
|
|
|
|
|
||
Discount Received Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
|
|
|
|
April 13 |
Parvat |
|
100 |
||
April 30 |
Balance c/d |
|
150 |
April 28 |
Dinesh |
|
50 |
||
|
|
|
150 |
|
|
|
150 |
||
|
|
|
|
|
|
|
|
||
Dinesh |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 28 |
Cash |
|
2,300 |
April 15 |
Purchases |
|
2,350 |
||
|
Discount Received |
|
50 |
|
|
|
|
||
|
|
|
2,350 |
|
|
|
2,350 |
||
|
|
|
|
|
|
|
|
||
Drawings Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 16 |
Cash |
|
1,000 |
April 30 |
Balance c/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Sundry Trade Expenses Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Cash |
|
250 |
April 30 |
Balance c/d |
|
250 |
||
|
|
|
250 |
|
|
|
250 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 25 |
Cash |
|
450 |
April 30 |
Balance c/d |
|
450 |
||
|
|
|
450 |
|
|
|
450 |
||
|
|
|
|
|
|
|
|
||
Romy |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 29 |
Sales |
|
4,750 |
April 30 |
Balance c/d |
|
4,750 |
||
|
|
|
4,750 |
|
|
|
4,750 |
||
|
|
|
|
|
|
|
|
||
Carriage Account |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
50 |
April 30 |
Balance c/d |
|
50 |
||
|
|
|
50 |
|
|
|
50 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
|||
as on April 30, 2016 |
|||
Account Title |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
Cash |
|
1,750 |
|
Capital |
|
|
40,000 |
Purchases |
|
12,450 |
|
Bank |
|
30,500 |
|
Sales |
|
|
10,000 |
Parvat |
|
|
1,100 |
Discount Allowed |
|
50 |
|
Discount Received |
|
|
150 |
Drawings |
|
1,000 |
|
Sundry Trade Expenses |
|
250 |
|
Rent |
|
450 |
|
Romy |
|
4,750 |
|
Carriage |
|
50 |
|
|
|
51,250 |
51,250 |
|
|
|
|
Answer:
Books of S.K. Gupta |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
40,000 |
|
|
Bank A/c |
Dr. |
|
60,000 |
|
|
To Capital A/c |
|
|
1,00,000 |
|
|
(Commenced business with cash and bank) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Furniture and Fittings A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
20,000 |
|
|
(Bought Furniture and Fittings) |
|
|
|
|
|
|
|
|
|
|
April 05 |
Purchases A/c |
Dr. |
|
16,000 |
|
|
To Cash A/c |
|
|
16,000 |
|
|
(Bought goods in cash) |
|
|
|
|
|
|
|
|
|
|
April 08 |
Purchase A/c |
Dr. |
|
1,100 |
|
|
To Ramesh |
|
|
1,100 |
|
|
(Bought goods from Ramesh) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Sameer |
Dr. |
|
2,100 |
|
|
To Sales A/c |
|
|
2,100 |
|
|
(Sold goods to Sameer) |
|
|
|
|
|
|
|
|
|
|
April 13 |
Stationery A/c |
Dr. |
|
1,800 |
|
|
To Cash A/c |
|
|
1,800 |
|
|
(Bought stationery for cash) |
|
|
|
|
|
|
|
|
|
|
April 13 |
Ramesh A/c |
Dr. |
|
1,100 |
|
|
To Cash A/c |
|
|
1,000 |
|
|
To Discount Received A/c |
|
|
100 |
|
|
(Paid to Ramesh and discount received) |
|
|
|
|
|
|
|
|
|
|
April 17 |
Cash A/c |
Dr. |
|
4,000 |
|
|
To Bank A/c |
|
|
4,000 |
|
|
(Withdrawn cash for office use) |
|
|
|
|
|
|
|
|
|
|
April 18 |
Purchases A/c |
Dr. |
|
3,000 |
|
|
To Sen |
|
|
3,000 |
|
|
(Bought goods from Sen) |
|
|
|
|
|
|
|
|
|
|
April 19 |
Cash A/c |
Dr. |
|
2,000 |
|
|
Discount Allowed A/c |
Dr. |
|
100 |
|
|
To Sameer |
|
|
2,100 |
|
|
(Cash received from Sammer and discount allowed) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Raj Banwari |
Dr. |
|
4,000 |
|
|
To Sales A/c |
|
|
4,000 |
|
|
(Sold to Raj Banwari) |
|
|
|
|
|
|
|
|
|
|
April 28 |
Cash A/c |
Dr. |
|
1,400 |
|
|
To Sales A/c |
|
|
1,400 |
|
|
(Sold goods for cash) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Salary A/c |
Dr. |
|
800 |
|
|
Rent A/c |
Dr. |
|
500 |
|
|
General Trade Expenses A/c |
Dr. |
|
200 |
|
|
To Cash A/c |
|
|
1,500 |
|
|
(Paid salary, rent and general trade expenses) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Bank A/c |
Dr. |
|
2,000 |
|
|
To Cash A/c |
|
|
2,000 |
|
|
(Paid cash into bank) |
|
|
|
|
|
|
|
|
|
Furniture and Fitting Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 02 |
Cash |
|
20,000 |
April 30 |
Balance c/d |
|
20,000 |
|
|
|
20,000 |
|
|
|
20,000 |
|
|
|
|
|
|
|
|
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 05 |
Cash |
|
16,000 |
|
|
|
|
||
April 08 |
Ramesh |
|
1,100 |
|
|
|
|
||
April 18 |
Sen |
|
3,000 |
April 30 |
Balance c/d |
|
20,100 |
||
|
|
|
20,100 |
|
|
|
20,100 |
||
|
|
|
|
|
|
|
|
||
Ramesh |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 13 |
Cash |
|
1,000 |
April 08 |
Purchases |
|
1,100 |
April 04 |
Discount Received |
|
100 |
|
|
|
|
|
|
|
1,100 |
|
|
|
1,100 |
|
|
|
|
|
|
|
|
Sameer |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 12 |
Sales |
|
2,100 |
April 19 |
Cash |
|
2,000 |
||
|
|
|
|
|
Discount Allowed |
|
100 |
||
|
|
|
2,100 |
|
|
|
2,100 |
||
|
|
|
|
|
|
|
|
||
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Capital |
|
40,000 |
April 02 |
Furniture and fitting |
|
20,000 |
||
April 17 |
Bank |
|
4,000 |
April 05 |
Purchases |
|
16,000 |
||
April 19 |
Sameer |
|
2,000 |
April 13 |
Stationery |
|
1,800 |
||
April 28 |
Sales |
|
1,400 |
April 13 |
Ramesh |
|
1,000 |
||
|
|
|
|
April 30 |
Salary |
|
800 |
||
|
|
|
|
April 30 |
Rent |
|
500 |
||
|
|
|
|
April 30 |
General Trade Expenses |
|
200 |
||
|
|
|
|
April 30 |
Bank |
|
2,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
5,100 |
||
|
|
|
47,400 |
|
|
|
47,400 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Capital |
|
60,000 |
April 17 |
Cash |
|
4,000 |
||
April 30 |
Cash |
|
2,000 |
April 30 |
Balance c/d |
|
58,000 |
||
|
|
|
62,000 |
|
|
|
62,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
1,00,000 |
April 01 |
Cash |
|
60,000 |
||
|
|
|
|
|
Bank |
|
40,000 |
||
|
|
|
1,00,000 |
|
|
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
Raj Banwari |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Sales |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
7,500 |
April 12 |
Sameer |
|
2,100 |
||
|
|
|
|
April 20 |
Raj Banwari |
|
4,000 |
||
|
|
|
|
April 28 |
Cash |
|
1,400 |
||
|
|
|
7,500 |
|
|
|
7,500 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
800 |
April 30 |
Balance c/d |
|
800 |
||
|
|
|
800 |
|
|
|
800 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
500 |
April 30 |
Balance c/d |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
||
Stationery Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 13 |
Cash |
|
1,800 |
April 30 |
Balance c/d |
|
1,800 |
||
|
|
|
1,800 |
|
|
|
1,800 |
||
|
|
|
|
|
|
|
|
||
Discount Received Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
100 |
April 13 |
Ramesh |
|
100 |
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
Sen |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
3,000 |
April 18 |
Purchases |
|
3,000 |
||
|
|
|
3,000 |
|
|
|
3,000 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 19 |
Sameer |
|
100 |
April 30 |
Balance c/d |
|
100 |
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
General Trade Expenses Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
200 |
April 30 |
Balance c/d |
|
200 |
||
|
|
|
200 |
|
|
|
200 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
||||
S. No. |
Account Title |
J.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
1 |
Cash |
|
5,100 |
|
2 |
Bank |
|
58,000 |
|
3 |
Capital |
|
|
1,00,000 |
4 |
Furniture and Fittings |
|
20,000 |
|
5 |
Purchases |
|
20,100 |
|
6 |
Raj Banwari |
|
4,000 |
|
7 |
Sales |
|
|
7,500 |
8 |
Salary |
|
800 |
|
9 |
Rent |
|
500 |
|
10 |
Stationery |
|
1,800 |
|
11 |
Discount Received |
|
|
100 |
12 |
Sen |
|
|
3,000 |
13 |
Discount Allowed |
|
100 |
|
14 |
General Trade Expenses |
|
200 |
|
|
|
|
1,10,600 |
1,10,600 |
|
|
|
|
|
Page No 8.35:
Question 12:
Books of S.K. Gupta |
|||||
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
2016 |
|
|
|
|
|
April 01 |
Cash A/c |
Dr. |
|
40,000 |
|
|
Bank A/c |
Dr. |
|
60,000 |
|
|
To Capital A/c |
|
|
1,00,000 |
|
|
(Commenced business with cash and bank) |
|
|
|
|
|
|
|
|
|
|
April 02 |
Furniture and Fittings A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
20,000 |
|
|
(Bought Furniture and Fittings) |
|
|
|
|
|
|
|
|
|
|
April 05 |
Purchases A/c |
Dr. |
|
16,000 |
|
|
To Cash A/c |
|
|
16,000 |
|
|
(Bought goods in cash) |
|
|
|
|
|
|
|
|
|
|
April 08 |
Purchase A/c |
Dr. |
|
1,100 |
|
|
To Ramesh |
|
|
1,100 |
|
|
(Bought goods from Ramesh) |
|
|
|
|
|
|
|
|
|
|
April 12 |
Sameer |
Dr. |
|
2,100 |
|
|
To Sales A/c |
|
|
2,100 |
|
|
(Sold goods to Sameer) |
|
|
|
|
|
|
|
|
|
|
April 13 |
Stationery A/c |
Dr. |
|
1,800 |
|
|
To Cash A/c |
|
|
1,800 |
|
|
(Bought stationery for cash) |
|
|
|
|
|
|
|
|
|
|
April 13 |
Ramesh A/c |
Dr. |
|
1,100 |
|
|
To Cash A/c |
|
|
1,000 |
|
|
To Discount Received A/c |
|
|
100 |
|
|
(Paid to Ramesh and discount received) |
|
|
|
|
|
|
|
|
|
|
April 17 |
Cash A/c |
Dr. |
|
4,000 |
|
|
To Bank A/c |
|
|
4,000 |
|
|
(Withdrawn cash for office use) |
|
|
|
|
|
|
|
|
|
|
April 18 |
Purchases A/c |
Dr. |
|
3,000 |
|
|
To Sen |
|
|
3,000 |
|
|
(Bought goods from Sen) |
|
|
|
|
|
|
|
|
|
|
April 19 |
Cash A/c |
Dr. |
|
2,000 |
|
|
Discount Allowed A/c |
Dr. |
|
100 |
|
|
To Sameer |
|
|
2,100 |
|
|
(Cash received from Sammer and discount allowed) |
|
|
|
|
|
|
|
|
|
|
April 20 |
Raj Banwari |
Dr. |
|
4,000 |
|
|
To Sales A/c |
|
|
4,000 |
|
|
(Sold to Raj Banwari) |
|
|
|
|
|
|
|
|
|
|
April 28 |
Cash A/c |
Dr. |
|
1,400 |
|
|
To Sales A/c |
|
|
1,400 |
|
|
(Sold goods for cash) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Salary A/c |
Dr. |
|
800 |
|
|
Rent A/c |
Dr. |
|
500 |
|
|
General Trade Expenses A/c |
Dr. |
|
200 |
|
|
To Cash A/c |
|
|
1,500 |
|
|
(Paid salary, rent and general trade expenses) |
|
|
|
|
|
|
|
|
|
|
April 30 |
Bank A/c |
Dr. |
|
2,000 |
|
|
To Cash A/c |
|
|
2,000 |
|
|
(Paid cash into bank) |
|
|
|
|
|
|
|
|
|
Furniture and Fitting Account |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 02 |
Cash |
|
20,000 |
April 30 |
Balance c/d |
|
20,000 |
|
|
|
20,000 |
|
|
|
20,000 |
|
|
|
|
|
|
|
|
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 05 |
Cash |
|
16,000 |
|
|
|
|
||
April 08 |
Ramesh |
|
1,100 |
|
|
|
|
||
April 18 |
Sen |
|
3,000 |
April 30 |
Balance c/d |
|
20,100 |
||
|
|
|
20,100 |
|
|
|
20,100 |
||
|
|
|
|
|
|
|
|
||
Ramesh |
|||||||
Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
2016 |
|
|
|
2016 |
|
|
|
April 13 |
Cash |
|
1,000 |
April 08 |
Purchases |
|
1,100 |
April 04 |
Discount Received |
|
100 |
|
|
|
|
|
|
|
1,100 |
|
|
|
1,100 |
|
|
|
|
|
|
|
|
Sameer |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 12 |
Sales |
|
2,100 |
April 19 |
Cash |
|
2,000 |
||
|
|
|
|
|
Discount Allowed |
|
100 |
||
|
|
|
2,100 |
|
|
|
2,100 |
||
|
|
|
|
|
|
|
|
||
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Capital |
|
40,000 |
April 02 |
Furniture and fitting |
|
20,000 |
||
April 17 |
Bank |
|
4,000 |
April 05 |
Purchases |
|
16,000 |
||
April 19 |
Sameer |
|
2,000 |
April 13 |
Stationery |
|
1,800 |
||
April 28 |
Sales |
|
1,400 |
April 13 |
Ramesh |
|
1,000 |
||
|
|
|
|
April 30 |
Salary |
|
800 |
||
|
|
|
|
April 30 |
Rent |
|
500 |
||
|
|
|
|
April 30 |
General Trade Expenses |
|
200 |
||
|
|
|
|
April 30 |
Bank |
|
2,000 |
||
|
|
|
|
April 30 |
Balance c/d |
|
5,100 |
||
|
|
|
47,400 |
|
|
|
47,400 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 01 |
Capital |
|
60,000 |
April 17 |
Cash |
|
4,000 |
||
April 30 |
Cash |
|
2,000 |
April 30 |
Balance c/d |
|
58,000 |
||
|
|
|
62,000 |
|
|
|
62,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr |
|
Cr |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
1,00,000 |
April 01 |
Cash |
|
60,000 |
||
|
|
|
|
|
Bank |
|
40,000 |
||
|
|
|
1,00,000 |
|
|
|
1,00,000 |
||
|
|
|
|
|
|
|
|
||
Raj Banwari |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 20 |
Sales |
|
4,000 |
April 30 |
Balance c/d |
|
4,000 |
||
|
|
|
4,000 |
|
|
|
4,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
7,500 |
April 12 |
Sameer |
|
2,100 |
||
|
|
|
|
April 20 |
Raj Banwari |
|
4,000 |
||
|
|
|
|
April 28 |
Cash |
|
1,400 |
||
|
|
|
7,500 |
|
|
|
7,500 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
800 |
April 30 |
Balance c/d |
|
800 |
||
|
|
|
800 |
|
|
|
800 |
||
|
|
|
|
|
|
|
|
||
Rent Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
500 |
April 30 |
Balance c/d |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
||
Stationery Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 13 |
Cash |
|
1,800 |
April 30 |
Balance c/d |
|
1,800 |
||
|
|
|
1,800 |
|
|
|
1,800 |
||
|
|
|
|
|
|
|
|
||
Discount Received Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
100 |
April 13 |
Ramesh |
|
100 |
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
Sen |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Balance c/d |
|
3,000 |
April 18 |
Purchases |
|
3,000 |
||
|
|
|
3,000 |
|
|
|
3,000 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 19 |
Sameer |
|
100 |
April 30 |
Balance c/d |
|
100 |
||
|
|
|
100 |
|
|
|
100 |
||
|
|
|
|
|
|
|
|
||
General Trade Expenses Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
2016 |
|
|
|
2016 |
|
|
|
||
April 30 |
Cash |
|
200 |
April 30 |
Balance c/d |
|
200 |
||
|
|
|
200 |
|
|
|
200 |
||
|
|
|
|
|
|
|
|
||
Trial Balance |
||||
S. No. |
Account Title |
J.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
1 |
Cash |
|
5,100 |
|
2 |
Bank |
|
58,000 |
|
3 |
Capital |
|
|
1,00,000 |
4 |
Furniture and Fittings |
|
20,000 |
|
5 |
Purchases |
|
20,100 |
|
6 |
Raj Banwari |
|
4,000 |
|
7 |
Sales |
|
|
7,500 |
8 |
Salary |
|
800 |
|
9 |
Rent |
|
500 |
|
10 |
Stationery |
|
1,800 |
|
11 |
Discount Received |
|
|
100 |
12 |
Sen |
|
|
3,000 |
13 |
Discount Allowed |
|
100 |
|
14 |
General Trade Expenses |
|
200 |
|
|
|
|
1,10,600 |
1,10,600 |
|
|
|
|
|
Answer:
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
|
|
|
|
|
|
|
Cash in Hand A/c |
Dr. |
|
15,000 |
|
|
Cash at Bank A/c |
Dr. |
|
55,000 |
|
|
Stock A/c |
Dr. |
|
28,000 |
|
|
Sunil |
Dr. |
|
5,000 |
|
|
Abhay |
Dr. |
|
10,000 |
|
|
Alok |
Dr. |
|
10,000 |
|
|
Computer & Printer A/c |
Dr. |
|
50,000 |
|
|
Furniture A/c |
Dr. |
|
10,000 |
|
|
Delivery Van A/c |
Dr. |
|
25,000 |
|
|
To Creditors A/c |
|
|
|
20,000 |
|
To Bank Loan A/c |
|
|
|
90,000 |
|
To Bills Payable A/c |
|
|
|
10,000 |
|
To Capital A/c |
|
|
|
88,000 |
|
(Opening entry made) |
|
|
|
|
|
|
|
|
|
|
1) |
Purchases A/c |
Dr. |
|
9,000 |
|
|
To Bank A/c |
|
|
|
8,820 |
|
To Discount Received A/c |
|
|
|
180 |
|
(Goods purchased) |
|
|
|
|
|
|
|
|
|
|
2) |
Bank A/c |
Dr. |
|
9,800 |
|
|
Discount Allowed A/c |
|
|
200 |
|
|
To Abhay |
|
|
|
10,000 |
|
(Goods sold for Cash) |
|
|
|
|
|
|
|
|
|
|
3) |
Bank A/c |
Dr. |
|
10,000 |
|
|
To Alok |
|
|
|
10,000 |
|
(Cheque received) |
|
|
|
|
|
|
|
|
|
|
4) |
Bank A/c |
Dr. |
|
3,750 |
|
|
Bad Debts A/c |
Dr. |
|
1,250 |
|
|
To Sunil |
|
|
|
5,000 |
|
(Cheque received) |
|
|
|
|
|
|
|
|
|
|
5) |
Charity A/c |
Dr. |
|
1,000 |
|
|
To Purchases A/c |
|
|
|
1,000 |
|
(Goods given as charity) |
|
|
|
|
|
|
|
|
|
|
6) |
Drawings A/c |
Dr. |
|
500 |
|
|
To Purchases A/c |
|
|
|
500 |
|
(Goods given as award) |
|
|
|
|
|
|
|
|
|
|
7) |
Salaries A/c |
Dr. |
|
15,000 |
|
|
To Cash A/c |
|
|
|
15,000 |
|
(Salary paid ) |
|
|
|
|
|
|
|
|
|
|
8) |
Cash A/c |
Dr. |
|
5,000 |
|
|
To Bad Debts Recovered A/c |
|
|
|
5,000 |
|
(Bad Debts Recovered ) |
|
|
|
|
|
|
|
|
|
|
9) |
Purchases A/c |
Dr. |
|
10,00,000 |
|
|
To Cash A/c |
|
|
|
1,00,000 |
|
To Creditors A/c |
|
|
|
9,00,000 |
|
(Purchases made in the month) |
|
|
|
|
|
|
|
|
|
|
10) |
Cash A/c |
Dr. |
|
15,00,000 |
|
|
Debtors A/c |
Dr. |
|
3,00,000 |
|
|
To Sales A/c |
|
|
|
18,00,000 |
|
(Goods Sold) |
|
|
|
|
|
|
|
|
|
|
11) |
Creditors A/c |
Dr. |
|
8,90,000 |
|
|
To Bank A/c |
|
|
|
8,90,000 |
|
(Cheque given) |
|
|
|
|
|
|
|
|
|
|
12) |
Bank Loan A/c |
Dr. |
|
20,000 |
|
|
To Cash A/c |
|
|
|
20,000 |
|
(Bank loan repaid) |
|
|
|
|
|
|
|
|
|
Cash Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
15,000 |
|
Salaries A/c |
|
15,000 |
||
|
Bad Debts Recovered A/c |
|
5,000 |
|
Purchases A/c |
|
1,00,000 |
||
|
Sales A/c |
|
15,00,000 |
|
Bank Loan A/c |
|
20,000 |
||
|
|
|
|
|
Balance c/d |
|
13,85,000 |
||
|
|
|
15,20,000 |
|
|
|
15,20,000 |
||
|
|
|
|
|
|
|
|
||
Bank Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
55,000 |
|
Purchases A/c |
|
8,820 |
||
|
Abhay |
|
9,800 |
|
Creditors A/c |
|
8,90,000 |
||
|
Alok |
|
10,000 |
|
|
|
|
||
|
Sunil |
|
3,750 |
|
|
|
|
||
|
Balance c/d |
|
8,20,270 |
|
|
|
|
||
|
|
|
8,98,820 |
|
|
|
8,98,820 |
||
|
|
|
|
|
|
|
|
||
Stock Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
28,000 |
|
Balance c/d |
|
28,000 |
||
|
|
|
28,000 |
|
|
|
28,000 |
||
|
|
|
|
|
|
|
|
||
Sunil Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
5,000 |
|
Bank A/c |
|
3,750 |
||
|
|
|
|
|
Bad Debts A/c |
|
1,250 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Abhay Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
10,000 |
|
Bank A/c |
|
9,800 |
||
|
|
|
|
|
Discount Allowed A/c |
|
200 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Alok Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
10,000 |
|
Bank A/c |
|
10,00 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Computer & Printer Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
50,000 |
|
Balance c/d |
|
50,000 |
||
|
|
|
50,000 |
|
|
|
50,000 |
||
|
|
|
|
|
|
|
|
||
Furniture Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
10,000 |
|
Balance c/d |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Delivery Van Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance b/d |
|
25,000 |
|
Balance c/d |
|
25,000 |
||
|
|
|
25,000 |
|
|
|
25,000 |
||
|
|
|
|
|
|
|
|
||
Creditors Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Bank A/c |
|
8,90,000 |
|
Balance b/d |
|
20,000 |
||
|
Balance c/d |
|
30,000 |
|
Purchases A/c |
|
9,00,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
9,20,000 |
|
|
|
9,20,000 |
||
|
|
|
|
|
|
|
|
||
Bank Loan Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Cash A/c |
|
20,000 |
|
Balance b/d |
|
90,000 |
||
|
Balance c/d |
|
70,000 |
|
|
|
|
||
|
|
|
|
|
|
|
|
||
|
|
|
90,000 |
|
|
|
90,000 |
||
|
|
|
|
|
|
|
|
||
Bills Payable Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance c/d |
|
10,000 |
|
Balance b/d |
|
10,000 |
||
|
|
|
10,000 |
|
|
|
10,000 |
||
|
|
|
|
|
|
|
|
||
Capital Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance c/d |
|
88,000 |
|
Balance b/d |
|
88,000 |
||
|
|
|
88,000 |
|
|
|
88,000 |
||
|
|
|
|
|
|
|
|
||
Purchases Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Bank A/c |
|
8,820 |
|
Charity A/c |
|
1,000 |
||
|
Discount Received A/c |
|
180 |
|
Prize Award A/c |
|
500 |
||
|
Cash A/c |
|
1,00,000 |
|
Balance c/d |
|
10,07,500 |
||
|
Creditors A/c |
|
9,00,000 |
|
|
|
|
||
|
|
|
10,09,000 |
|
|
|
10,09,000 |
||
|
|
|
|
|
|
|
|
||
Discount Received Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance c/d |
|
180 |
|
Purchases A/c |
|
180 |
||
|
|
|
180 |
|
|
|
180 |
||
|
|
|
|
|
|
|
|
||
Discount Allowed Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Abhay |
|
200 |
|
Balance c/d |
|
200 |
||
|
|
|
200 |
|
|
|
200 |
||
|
|
|
|
|
|
|
|
||
Bad Debts Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Sunil |
|
1,250 |
|
Balance c/d |
|
1,250 |
||
|
|
|
1,250 |
|
|
|
1,250 |
||
|
|
|
|
|
|
|
|
||
Charity Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Purchases A/c |
|
1,000 |
|
Balance c/d |
|
1,000 |
||
|
|
|
1,000 |
|
|
|
1,000 |
||
|
|
|
|
|
|
|
|
||
Salary Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Cash A/c |
|
15,000 |
|
Balance c/d |
|
15,000 |
||
|
|
|
15,000 |
|
|
|
15,000 |
||
|
|
|
|
|
|
|
|
||
Bad Debts Recovered Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance c/d |
|
5,000 |
|
Cash A/c |
|
5,000 |
||
|
|
|
5,000 |
|
|
|
5,000 |
||
|
|
|
|
|
|
|
|
||
Sales Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Balance c/d |
|
18,00,000 |
|
Cash A/c |
|
15,00,000 |
||
|
|
|
|
|
Debtors A/c |
|
3,00,000 |
||
|
|
|
|
|
|
|
|
||
|
|
|
18,00,000 |
|
|
|
18,00,000 |
||
|
|
|
|
|
|
|
|
||
Debtors Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Sales A/c |
|
3,00,000 |
|
Balance c/d |
|
3,00,000 |
||
|
|
|
3,00,000 |
|
|
|
3,00,000 |
||
|
|
|
|
|
|
|
|
||
Drawings Account |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
J.F. |
Amount (Rs) |
Date |
Particulars |
J.F. |
Amount (Rs) |
||
|
Purchases A/c |
|
500 |
|
Balance c/d |
|
500 |
||
|
|
|
500 |
|
|
|
500 |
||
|
|
|
|
|
|
|
|
View NCERT Solutions for all chapters of Class 13