Search for notes by fellow students, in your own course and all over the country.
Browse our notes for titles which look like what you need, you can preview any of the notes via a sample of the contents. After you're happy these are the notes you're after simply pop them into your shopping cart.
Document Preview
Extracts from the notes are below, to see the PDF you'll receive please use the links above
Padmajas’ “ingenious commerce & management classess”
9146390617
Problems on Journal & Ledger
...
1-1-18 started business with cash Rs 1,20,000
...
3-1-18 sold goods in cash to Ravi Rs 12,000
...
5-1-18 Receive commission Rs 1,400
...
Cr
( being business start)
2-1-18
3-1-18
Purchase Ac
...
Cr
...
Dr
...
Cr
(goods sold in cash)
L Debit Rs
F
1,20,000
Credit Rs
1,20,000
10,000
10,000
12,000
12,000
Date
Particular
4-1-18
Salary Ac
...
Cr
Being salary paid to
ravi)
Cash Ac
...
Cr
Being com
...
Total
5-1-18
L Debit Rs
F
1000
Credit Rs
1000
1400
1400
1,44,400
1,44,400
Q2 from the following information pass journal entries & post them in
to ledger in the books of vishakha
...
2-1-18 purchase goods for Rs 11,000
...
4-1-18 paid electricity bill Rs 1000
...
Solution
Date
Particular
1-1-18
Cash Ac
...
Cr
( being business start)
2-1-18
3-1-18
4-1-18
5-1-18
Purchase Ac
...
Cr
...
Dr
...
Cr
(goods sold in cash)
electricity bill Ac
...
Cr
( being Electricity bill
paid)
11,000
Cash Ac
...
Cr
(Being com
...
)
1400
11,000
12,000
12,000
1000
1000
1400
Exercise problem Q 03
Q3 from the following information pass journal entries in the
books of Neha
...
2-1-18 purchase goods from ravi Rs 10,000
...
4-1-18 paid salary Rs 1000
...
Nirmal has the following transactions in the month of April
...
10th April : Commenced business with a capital of 2,00,000
11th April : Purchased goods from Veeru for 10,000
13th April : Purchased Goods for Cash 11,000
14th April : Purchased Goods from Jitu for cash 7,000
16th April : Bought Goods from SACHIN on credit 4,000
17th April : Sold goods worth 15,000 to NEHA
19th April : Sold goods for cash 20,000
20th April : Sold goods to Utsav for cash 6,000
21st April : Sold goods to SHANKAR on credit 17,000
22nd April : Returned goods to Veeru 3,000
23rd April : Goods returned from Tarun 1,000
25th April : Goods taken by the proprietor for personal use 1,000
26th April : Bought Land for 50,000
27th April : Purchased FURNITURE for cash 30,000
28th April : Bought computer from Intel Computers for 25,000
28th April : Cash sales 15,000
29th April : Cash purchases 22,000
30th April : Bought furniture for proprietor's residence and paid cash
10,000
Journal in the books of Mr
...
April –
10th
Particulars
Cash a/c
To Capital a/c
Dr
L/F
Amount Amount
(Dr)
(Cr)
–
–
2,00,000
–
–
20,000
–
–
13,000
–
–
7,000
–
–
4,000
1,00,000
[Being the amount received
from Mr
...
Veeru on
credit vide bill no:___ dated:__]
13th
–
Goods/Stock a/c
To Cash a/c
Dr
15,000
[Being the value of stock
purchased for cash from M/s
___ vide bill no:___ dated:__]
14th
–
Goods/Stock a/c
To Cash a/c
Dr
7,000
[Being the value of stock
purchased for cash from Mr
...
Nirmal for the period from 1st to
30th April
Date
V/R
No
...
Shyam on
credit vide bill no:___ dated:__]
17th
–
NEHA a/c
To Goods/Stock a/c
Dr
15,000
[Being the value of stock sold
on credit to Mr
...
Utsav for cash vide receipt
no:___ dated:__]
21st
–
SHANKAR a/c
To Goods/Stock a/c
Dr
17,000
[Being the value of stock sold to
Mr
...
Veeru vide
returns bill no:___ dated:__]
3,000
Journal in the books of Mr
...
23rd
–
Particulars
Goods/Stock a/c
To Tarun a/c
Dr
L/F
Amount Amount
(Dr)
(Cr)
–
–
1,000
–
–
1,000
–
–
50,000
–
–
30,000
–
–
25,000
–
–
15,000
1,000
[Being the value of stock
returned by Mr
...
Nirmal for the period from 1st to
30th April
Date
V/R
No
...
May –
3rd
Particulars
Bank a/c
To Cash a/c
Dr
L/F
Amount Amount
(Dr)
(Cr)
–
–
40,000
–
–
20,000
–
–
20,000
40,000
[Being the amount of cash
deposited into bank vide voucher
no:___ dated:__]
4th
–
Loan to Sanjay a/c
To Cash a/c
Dr
20,000
[Being the amount of cash given
as loan to Bhuvan vide voucher
no:___ dated:__]
4th
–
Veeru a/c
To Cash a/c
Dr
[Being the amount of cash paid
20,000
Journal in the books of M/s Rama & Sons
for the period from 1st May to 10th May
Date
V/R
No
...
___
dated ___]
5th
–
Cash a/c
To vijay a/c
Dr
12,000
[Being the amount of cash
received from Tarun vide cash
receipt no:___ dated:__]
5th
–
Cash a/c
To Loan from manoj a/c
Dr
10,000
[Being the amount of loan taken
from Anush on:__]
6th
–
Bank a/c
To Pranav a/c
Dr
15,000
[Being the amount received by
cheque no
...
____ date ____to
Intel Computers]
6th
–
Cash a/c
Dr
Journal in the books of M/s Rama & Sons
for the period from 1st May to 10th May
Date
V/R
No
...
Particulars
L/F
Amount Amount
(Dr)
(Cr)
–
–
5,000
–
–
40,000
[Being the amount paid by
cheque no ____ date ____
towards the purchase of furniture
vide bill no:___ dated:__]
9th
–
Loan from Anush a/c
To Bank a/c
Dr
5,000
[Being the amount paid by
cheque no ____ date ____
towards repayment of loan from
Anush vide voucher no:___
dated:__]
9th
–
Cash a/c
To Capital a/c
Dr
[Being the amount received from
proprietor as capital vide cash
receipt no:___ dated:__]
40,000