TS Grewal Accountancy Class 11 Solution Chapter 6 Ledger

Read TS Grewal Accountancy Class 11 Solution Chapter 6 Ledger below, students should study TS Grewal class 11 Accountancy available on Studiestoday.com with solved questions and answers. These chapter wise answers for class 11 Accountancy have been prepared by teacher of Grade 11. These TS Grewal class 11 Solutions have been designed as per the latest NCERT syllabus for class 11 and if practiced thoroughly can help you to score good marks in standard 11 Accountancy class tests and examinations

Question 1:

On 1st April, 2018, Mohit started business with a capital of Rs. 50,000. He made the following transactions:

2018

 

(Rs)

April 03

Purchased goods from Rita on credit for

20,000

April 04

Cash paid to Rita

10,000

April 06

Goods sold to Rohit

25,000

April 08

Received cash from Rohit

20,000

April 12

Goods purchased from Rita 

12,000

April 18

Cash paid to Rita

20,000

April 25

Goods sold to Rohit

10,000

April 30

Received cash from Rohit

6,000

You are required to journalise the above transactions and show the respective Ledger accounts.

Answer 1:

Statement showing Journal of Mohit

Books of Mr Mohit

Journal

Date

Particulars

L.F.

Debit

Amount

(Rs)

Credit

Amount

(Rs)

2018

 

 

 

 

 

Apr.01

Cash A/c

Dr.

 

50,000

 

 

     To Capital A/c

 

 

 

50,000

 

(Being started Business with cash by Mohit)

 

 

 

 

 

 

 

 

 

 

Apr.03

Purchases A/c

Dr.

 

20,000

 

 

     To Rita’s A/c

 

 

 

20,000

 

(Being purchased goods on credit)

 

 

 

 

 

 

 

 

 

 

Apr.04

Rita’s A/c

Dr.

 

10,000

 

 

    To Cash A/c

 

 

 

10,000

 

(Being amount paid to Rita)

 

 

 

 

 

 

 

 

 

 

Apr.06

Rohit’s A/c

Dr.

 

25,000

 

 

    To Sales A/c

 

 

 

25,000

 

(Being material sold on credit)

 

 

 

 

 

 

 

 

 

 

Apr.08

Cash A/c

Dr.

 

20,000

 

 

    To Rohit’s A/c

 

 

 

20,000

 

(Being amount received from Rohit)

 

 

 

 

 

 

 

 

 

 

Apr.12

Purchases A/c

Dr.

 

12,000

 

 

     To Rita’s A/c

 

 

 

12,000

 

(Being material purchased on credit)

 

 

 

 

 

 

 

 

 

 

Apr.18

Rita’s A/c

Dr.

 

20,000

 

 

    To Cash A/c

 

 

 

20,000

 

(Being cash amount paid to Rita)

 

 

 

 

 

 

 

 

 

 

Apr.25

Rohit’s A/c

Dr.

 

10,000

 

 

    To Sales A/c

 

 

 

10,000

 

(Being material sold to Rohit)

 

 

 

 

 

 

 

 

 

 

Apr.30

Cash A/c

Dr.

 

6,000

 

 

    To Rohit’s A/c

 

 

 

6,000

 

(Being amount received from Rohit)

 

 

 

 

 

 

 

 

 

  Following are the ledgers shown in the books of Mohit

Cash Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Apr.01

To Capital A/c

 

50,000

Apr.04

By Rita’s A/c

 

10,000

Apr.08

To Rohit’s A/c

 

20,000

Apr.18

By Rita’s A/c

 

20,000

Apr.30

To Rohit’s A/c

 

6,000

Apr.30

By Balance c/d

 

46,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

76,000

 

 

 

76,000

May.01

Balance b/d

 

46,000

 

 

 

 

 

Capital Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Apr.30

To Balance c/d

 

50,000

Apr.01

By Cash A/c

 

50,000

 

 

 

 

 

 

 

 

 

 

 

50,000

 

 

 

50,000

 

 

 

 

May.01

By Balance b/d

 

50,000



Purchases Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Apr.03

To Rita’s A/c

 

20,000

Apr.30

By Balance c/d

 

32,000

Apr.12

To Rita’s A/c

 

12,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

32,000

 

 

 

32,000

May.01

To Balance b/d

 

32,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Rita’s Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Apr.04

To Cash A/c

 

10,000

Apr.03

By Purchases A/c

 

20,000

Apr.18

To Cash A/c

 

20,000

Apr.12

By Purchases A/c

 

12,000

Apr.30

To Balance c/d

 

2,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

32,000

 

 

 

32,000

 

 

 

 

May.01

Balance b/d

 

2,000

 

 

 

 

 

 

 

 

 

 

Rohit’s Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Apr.06

To Sales A/c

 

25,000

Apr.08

By Cash A/c

 

20,000

Apr.25

To Sales A/c

 

10,000

Apr.30

By Cash A/c

 

6,000

 

 

 

 

Apr.30

By Balance c/d

 

9,000

 

 

 

 

 

 

 

 

 

 

 

35,000

 

 

 

35,000

May.01

To Balance b/d

 

9,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Apr.30

To Balance c/d

 

35,000

Apr.06

By Rohit’s A/c

 

25,000

 

 

 

 

Apr.25

By Rohit’s A/c

 

10,000

 

 

 

 

 

 

 

 

 

 

 

35,000

 

 

 

35,000

 

 

 

 

May.01

Balance b/d

 

35,000

                          

 

 

Point of Knowledge:-

 

(1)  If the debit side total is more than the credit side total write the difference on the credit side as “By Balance c/d”.

(2)  If the credit side total is more than the debit side total write the difference on the credit side as “To Balance c/d”.

 

 

Question 2:

Suresh, Kanpur commenced business on 1st January, 2018 introducing capital in cash Rs. 1, 00,000. His other transactions during the month were as follows:

 

2018

 

(Rs)

Jan 1

Started business with cash

1,00,000

Jan 2

Bought goods for cash

20,000

Jan 3

Sold goods for cash

7,000

Jan 15

Sold goods to Shravan, Delhi

6,000

Jan 18

Bought goods on credit from Anurag, Kanpur

60,000

Jan 19

Goods returned to Anurag

5,000

Jan 20

Sold goods for cash

30,000

Jan 22

Paid electricity bill

1,000

Jan 28

Paid for telephone bill

500

Jan 29

Paid rent

800

Jan 31

Paid wages

3000

 

Enter the above transactions in his books of account

 

Answer 2:

Statement showing Journal of Suresh, Kanpur

Books of Mr. Suresh

Journal

Date

Particulars

L.F.

Debit

Amount

(Rs)

Credit

Amount

(Rs)

2018

 

 

 

 

 

Jan 01

Cash A/c

Dr.

 

1,00,000

 

 

  To Capital A/c

 

 

 

1,00,000

 

(Being business commenced with cash)

 

 

 

 

 

 

 

 

 

 

Jan 02

Purchases A/c

Dr.

 

20,000

 

 

  To Cash A/c

 

 

 

20,000

 

(Being stock purchased in cash)

 

 

 

 

 

 

 

 

 

 

Jan 03

Cash A/c

Dr.

 

7,000

 

 

  To Sales A/c

 

 

 

7,000

 

(Being stock sold for cash)

 

 

 

 

 

 

 

 

 

 

Jan 15

Shravan’s A/c

Dr.

 

6,000

 

 

  To Sales A/c

 

 

 

6,000

 

(Being material sold to Shravan on credit )

 

 

 

 

 

 

 

 

 

 

Jan 18

Purchases A/c

Dr.

 

50,000

 

 

  To Anurag’s A/c

 

 

 

50,000

 

(Being Stock purchased from Anurag von credit)

 

 

 

 

 

 

 

 

 

 

Jan 19

Anurag’s A/c

Dr.

 

5,000

 

 

  To Purchases Return A/c

 

 

 

5,000

 

(Being purchases returned by Anurag)

 

 

 

 

 

 

 

 

 

 

Jan 20

Cash A/c

Dr.

 

30,000

 

 

  To Sales A/c

 

 

 

30,000

 

(Being material sold for cash)

 

 

 

 

 

 

 

 

 

 

Jan 22

Electricity Expenses A/c

Dr.

 

1,000

 

 

  To Cash A/c

 

 

 

1,000

 

(Being Bill of electricity was paid)

 

 

 

 

 

 

 

 

 

 

Jan 28

Telephone Expenses A/c

Dr.

 

500

 

 

  To Cash A/c

 

 

 

500

 

(Being amount of telephone bill was paid)

 

 

 

 

 

 

 

 

 

 

Jan 29

Rent A/c

Dr.

 

800

 

 

  To Cash A/c

 

 

 

800

 

(Being rent paid to landlord)

 

 

 

 

 

 

 

 

 

 

Jan 31

Wages A/c

Dr.

 

3,000

 

 

  To Cash A/c

 

 

 

3,000

 

(Being wages paid in cash)

 

 

 

 

 

Following are the ledgers shown in the books of Suresh, Kanpur

Cash Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 01

To Capital A/c

 

1,00,000

Jan 02

By Purchases A/c

 

20,000

Jan 03

To Sales A/c

 

7,000

Jan 22

By Electricity Expenses A/c

 

1,000

Jan 20

To Sales A/c

 

30,000

Jan 28

By Telephone Expenses A/c

 

500

 

 

 

 

Jan 29

By Rent A/c

 

800

 

 

 

 

Jan 31

By Wages A/c

 

3,000

 

 

 

 

Jan 31

By Balance c/d

 

1,11,700

 

 

 

1,37,000

 

 

 

1,37,000

 

 

 

 

 

 

 

 

 

 

Capital Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 01

To Cash A/c

 

1,00,000

Jan 31

By Balance c/d

 

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)

Jan 02

To Cash A/c

 

20,000

Jan 31

By Balance c/d

 

70,000

Jan 18

To Anurag’s A/c

 

50,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

70,000

 

 

 

70,000

 

 

 

 

 

 

 

 

 

Sales Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 31

To Balance c/d

 

43,000

Jan 03

By Cash A/c

 

7,000

 

 

 

 

Jan 15

By Shravan’s A/c

 

6,000

 

 

 

 

Jan 20

By Cash A/c

 

30,000

 

 

 

43,000

 

 

 

43,000

 

 

 

 

 

 

 

 

 

Shravan Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 15

To Sales A/c

 

6,000

Jan 31

By Balance c/d

 

6,000

 

 

 

 

 

 

 

 

 

 

 

6,000

 

 

 

6,000

 

 

 

 

 

 

 

 

 

Anurag Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 19

To Purchases Return A/c

 

5,000

Jan 18

By Purchases A/c

 

50,000

Jan 31

To Balance c/d

 

45,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50,000

 

 

 

50,000

 

 

 

 

 

 

 

 

 

Purchases Return Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 31

To Balance c/d

 

5,000

Jan 19

By Anurag’s A/c

 

5,000

 

 

 

 

 

 

 

 

 

 

 

5,000

 

 

 

5,000

 

 

 

 

 

 

 

 

 

 

Electricity Expenses Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 22

To Cash A/c

 

1,000

Jan 31

By Balance c/d

 

1,000

 

 

 

 

 

 

 

 

 

 

 

1,000

 

 

 

1,000

&nbsnbsp;

 

 

 

 

 

 

 

 

 

Telephone Expenses Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 28

To Cash A/c

 

500

Jan 31

By Balance c/d

 

500

 

 

 

 

 

 

 

 

 

 

 

500

 

 

 

500

 

 

 

 

 

 

 

 

 

Rent Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 29

To Cash A/c

 

800

Jan 31

By Balance c/d

 

800

 

 

 

 

 

 

 

 

 

 

 

800

 

 

 

800

 

 

 

 

 

 

 

 

 

Wages Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

Jan 31

To Cash A/c

 

3,000

Jan 31

By Balance c/d

 

3,000

 

 

 

 

 

 

 

 

 

 

 

3,000

 

 

 

3,000

 

 

 

 

 

 

 

 


Point of Knowledge:

(i)            As Sales made on Jan. 15 is on credit so the Assets (debtors) will increases.

(ii)          As Purchases made on Jan. 18 is on credit so the liability (creditor) will increases.

Question 3:

Journalise the following transactions in the books of Afzal, Kolkata and post them to the Ledger:

 

2018

 

(Rs)

Jan. 1

Started business with cash*

1,00,000

Jan. 3

Bought goods on credit from Gupta & Co., Delhi

20,000

Jan. 5

Cash sales

5,000

Jan. 8

Cash purchases

8,000

Jan. 10

Sold goods to Ahmed & Co., Lucknow

10,000

Jan. 11

Deposited cash in bank*

50,000

Jan. 13

Purchased a computer for office

20,000

Jan. 15

Took a loan from Mehboob*

70,000

Jan. 16

Goods returned by Ahmed & Co.

2,000

Jan. 17

Purchased furniture from Mehfil Mart, Kolkata

10,000

Jan. 18

Paid interest to Mehboob*

2,000

Jan. 19

Received claim from Ahmed & Co. for defects in goods supplied to them. Claim was accepted and rebate was allowed.*

1,000

Jan. 22

Paid rent by cheque

2,000

Jan. 24

Withdrew from bank*

20,000

Jan. 25

Sales of goods at counter after allowing trade discount of 10%

10,000

Jan. 26

Goods purchased from Gupta & Co., Delhi were destroyed by accident

10,000

Jan. 27

Advertisement expenses paid through bank

5,000

Jan. 28

Ahmed & Co. settled their account by cheque*

7,000

Jan. 29

Paid to Gupta & Co. by cheque*

18,000

 

Discount allowed by them*

2,000

Jan. 31

Sold old newspapers

500


Intra-state transactions are subject to levy of CGST and SGST @ 6% each whereas inter-state transactions are subject to levy of IGST @ 12%. Out of the above transactions, transactions marked (*) are not subject to levy of GST.

 

Answer 3:

Statement showing Journal of Afjal, Kolkata

In the books of Afjal

Journal

Date

Particulars

 

L.F.

Debit Amount

(Rs)

Credit Amount

(Rs)

2018

 

 

 

 

 

Jan.01

Cash A/c

Dr.

 

1,00,000

 

 

     To Capital A/c

 

 

 

1,00,000

 

(Being started Business with cash by Afjal)

 

 

 

 

 

 

 

 

 

 

Jan.03

Purchases A/c

Dr.

 

20,000

 

 

Input IGST A/c

Dr.

 

2,400

 

 

     To Gupta & Co.’s A/c

 

 

 

22,400

 

(Being Stock purchased on credit and @ 12% IGST applied)

 

 

 

 

 

 

 

 

 

 

Jan.05

Cash A/c

Dr.

 

5,600

 

 

    To Sales A/c

 

 

 

5,000

 

    To Output CGST A/c

 

 

 

300

 

    To Output SGST A/c

 

 

 

300

 

(Being sold material for cash and @ 6% CGST & SGST applied)

 

 

 

 

 

 

 

 

 

 

Jan.08

Purchases

Dr.

 

8,000

 

 

Input CGST A/c

Dr.

 

480

 

 

Input SGST A/c

Dr.

 

480

 

 

    To Cash A/c

 

 

 

8,960

 

(Being Stock purchased for cash @ 6% CGST & SGST paid)

 

 

 

 

 

 

 

 

 

 

Jan.10

Ahmed & Co.

Dr.

 

11,200

 

 

    To Sales A/c

 

 

 

10,000

 

    To Output IGST A/c

 

 

 

1,200

 

(Being sold material on credit and @ 12% IGST charged)

 

 

 

 

 

 

 

 

 

 

Jan.11

Bank A/c

Dr.

 

50,000

 

 

    To Cash A/c

 

 

 

50,000

 

(Being amount deposited into bank)

 

 

 

 

 

 

 

 

 

 

Jan.13

Computers A/c

Dr.

 

20,000

 

 

Input CGST A/c

Dr.

 

1,200

 

 

Input SGST A/c

Dr.

 

1,200

 

 

     To Cash A/c

 

 

 

22,400

 

(Being purchased Computers for office and @ 6% CGST and SGST paid)

 

 

 

 

 

 

 

 

 

 

Jan.15

Cash A/c

Dr.

 

70,000

 

 

    To Loan from Mehboob A/c

 

 

 

70,000

 

(Being Loan taken)

 

 

 

 

 

 

 

 

 

 

Jan.16

Sales Return A/c

Dr.

 

2,000

 

 

Output IGST A/c

Dr.

 

240

 

 

      To Ahmed & Co. A/c

 

 

 

2,240

 

 (Being sold goods returned by Ahmed & Co.) 

 

 

 

 

 

 

 

 

 

 

Jan.17

Furniture A/c

Dr.

 

10,000

 

 

Input CGST A/c

Dr.

 

600

 

 

Input SGST A/c

Dr.

 

600

11,200

 

       To Mehfil Mart’s A/c

 

 

 

 

 

(Being purchased furniture on credit and @ 6% CGST and SGST paid) 

 

 

 

 

 

 

 

 

 

 

Jan.18

Interest on Loan A/c

Dr.

 

2,000

 

 

       To Cash A/c

 

 

 

2,000

 

(Being Interest paid to Mehboob)

 

 

 

 

 

 

 

 

 

 

Jan.19

Insurance Claim A/c

Dr.

 

1,000

 

 

      To Ahmed & Company’s A/c

 

 

 

1,000

 

(Being Insurance Claim due)

 

 

 

 

 

 

 

 

 

 

Jan.22

Rent A/c

Dr.

 

2,000

 

 

Input CGST A/c

Dr.

 

120

 

 

Input SGST A/c  

Dr.

 

120

2,240

 

      To Bank A/c

 

 

 

 

 

(Being rent paid to landlord & 6% CGST and SGST paid)

 

 

 

 

 

 

 

 

 

 

Jan.24

Cash A/c

Dr.

 

20,000

 

 

    To Bank A/c

 

 

 

20,000

 

(Being amount withdrawn from bank)

 

 

 

 

 

 

 

 

 

 

Jan.25

Cash A/c

Dr.

 

10,080

 

 

     To Sales A/c

 

 

 

9,000

 

     To Output CGST A/c

 

 

 

540

 

     To Output SGST A/c

 

 

 

540

 

(Being material sold for cash and @ 6% CGST and SGST paid)

 

 

 

 

 

 

 

 

 

 

Jan.26

Loss by Accident A/c

Dr.

 

11,200

 

 

    To Purchases A/c

 

 

 

10,000

 

    To Input IGST A/c

 

 

 

1,200

 

(Being goods lost and IGST reversed )

 

 

 

 

 

 

 

 

 

 

Jan.27

Advertisement A/c

Dr.

 

5,000

 

 

Input CGST A/c

Dr.

 

300

 

 

Input SGST A/c   

Dr.

 

300

 

 

     To Bank A/c

 

 

 

5,600

 

(Being amount paid for advertisement with 6% IGST paid)

 

 

 

 

 

 

 

 

 

 

Jan.28

Bank A/c

Dr.

 

7,000

 

 

Discount Allowed A/c

Dr.

 

960

 

 

    To Ahmed & Company A/c

 

 

 

7,960

 

(Being amount received from Ahmed & Co. in full settlement& discount allowed)

 

 

 

 

 

 

 

 

 

 

Jan.29

Gupta & Company A/c

Dr.

 

20,000

 

 

     To Bank A/c

 

 

 

18,000

 

     To Discount Received A/c

 

 

 

2,000

 

(Being amount paid to Gupta & Company)

 

 

 

 

 

 

 

 

 

 

Jan.31

Cash A/c

Dr.

 

560

 

 

    To Sundry Income A/c

 

 

 

500

 

    To Output CGST A/c

 

 

 

30

 

    To Output SGST A/c

 

 

 

30

 

(Being amount received with 6% IGST)

 

 

 

 

 

Following are the ledgers shown in the books of Afjal, Kolkata

 

 

Cash Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.01

To Capital A/c

 

1,00,000

Jan.08

By Purchases A/c

 

8,960

Jan.05

To Sales A/c

 

5,000

Jan.11

By Bank A/c

 

50,000

Jan.15

To Loan A/c

 

70,000

Jan.13

By Computer A/c

 

22,400

Jan.24

To Bank A/c

 

20,000

Jan.18

By Interest on Loan A/c

 

2,000

Jan.25

To Sales A/c

 

10,080

Jan.31

By Balance c/d

 

1,22,280

Jan.31

To Sundry income A/c

 

560

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,05,640

 

 

 

2,05,640

Feb.01

To Balance b/d

 

1,22,280

 

 

 

 

 

Purchases Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.03

To Gupta & Company A/c

 

20,000

Jan.26

By Loss by Accident A/c

 

10,000

Jan.08

To Cash A/c

 

8,000

Jan.31

By Balance c/d

 

18,000

 

 

 

 

 

 

 

 

 

 

 

28,000

 

 

 

28,000

Feb.01

By Balance b/d

 

18,000

 

 

 

 

 

Capital Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.31

To Balance c/d

 

1,00,000

Jan.01

By Cash A/c

 

1,00,000

 

 

 

 

 

 

 

 

 

 

 

1,00,000

 

 

 

1,00,000

 

 

 

 

Feb.01

By Balance b/d

 

1,00,000

 

Sales Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.31

To Balance c/d

 

24,000

Jan.05

By Cash A/c

 

5,000

 

 

 

 

Jan.10

By Ahmed & Company A/c

 

10,000

 

 

 

 

Jan.25

By Cash A/c

 

9,000

 

 

 

 

 

 

 

 

 

 

 

24,000

 

 

 

24,000

 

 

 

 

Feb.01

By Balance b/d

 

24,000

 

Gupta & Company

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.29

To Bank A/c

 

18,000

Jan.03

By Purchases A/c

 

20,000

Jan.29

To Discount Received A/c

 

2,000

Jan.03

By Input IGST A/c

 

2,400

Jan.29

To Balance c/d

 

2,400

 

 

 

 

 

 

 

22,400

 

 

 

22,400

 

 

 

 

 

 

 

 

 

Ahmed & Company Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.10

To Sales A/c

 

10,000

Jan.16

By Sales returns A/c

 

2,000

Jan.10

To Output IGST A/c

 

1,200

Jan.16

By Output IGST A/c

 

240

    

Jan.19

By Insurance claim A/c

 

1,000

 

 

 

 

Jan.28

By Bank A/c

 

7,000

 

 

 

 

Jan.28

By Discount Allowed A/c

 

960

 

 

 

 

 

 

 

 

 

 

 

11,200

 

 

 

11,200

 

 

 

 

 

 

 

 

 

Bank Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.11

To Cash A/c

 

50,000

Jan.22

By Rent A/c

 

2,240

Jan.28

To Ahmed & Co A/c

 

7,000

Jan.24

By Cash A/c

 

20,000

 

 

 

 

Jan.27

By Advertisement A/c

 

5,600

 

 

 

 

Jan.29

By Gupta & Co A/c

 

18,000

 

 

 

 

Jan.31

By Balance c/d

 

11,160

 

 

 

 

 

 

 

 

 

 

 

57,000

 

 

 

57,000

Feb.01

Balance b/d

 

11,160

 

 

 

 

 

Computers Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.13

To Cash A/c

 

20,000

Jan.31

By Balance c/d

 

20,000

 

 

 

 

 

 

 

 

 

 

 

20,000

 

 

 

20,000

Feb.01

To Balance b/d

 

20,000

 

 

 

 

 

Loan Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.31

To Balance c/d

 

70,000

Jan.15

By Cash A/c

 

70,000

 

 

 

 

 

 

 

 

 

 

 

70,000

 

 

 

70,000

 

 

 

 

Feb.01

By Balance b/d

 

70,000

 

Insurance Claim Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.19

To Ahmed & Co A/c

 

1,000

Jan.31

By Balance c/d

 

1,000

 

 

 

 

 

 

 

 

 

 

 

1,000

 

 

 

1,000

Feb.01

To Balance b/d

 

1,000

 

 

 

 

 

 

Rent Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018

 

 

 

2018

 

 

 

Jan.22

To Bank A/c 

 

2,000

Jan.31

By Balance c/d

 

2,000

 

 

 

 

 

 

 

 

 

 

 

2,000

 

 

 

2,000

Feb.01

To Balance b/d

 

2,000

 

 

 

 

 

Loss by Accident Account

Dr.

 

Cr.

Date

Particulars

J.F.

Amount

(Rs)

Date

Particulars

J.F.

Amount

(Rs)

2018