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.

My Basket

Basal Nuclei and Diseases of Basal nuclei£7.50

Title: account journal entries
Description: journal entries

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


Title: account journal entries
Description: journal entries