The Total solution for NCERT class 6-12
August, 2017
Rs
1
Commenced business with cash
1,10,000
2
Opened bank account with H.D.F.C.
50,000
3
Purchased furniture
20,000
7
Bought goods for cash from M/s. Rupa Traders
30,000
8
Purchased good from M/s. Hema Traders
42,000
10
Sold goods for cash
14
Sold goods on credit to M/s. Gupta Traders
12,000
16
Rent paid
4,000
18
Paid trade expenses
1,000
20
Received cash from Gupta Traders
22
Goods return to Hema Traders
2,000
23
Cash paid to Hema Traders
40,000
25
Bought postage stamps
100
30
Paid salary to Rishabh
Books of M/s. Mohit Traders
Journal
Date
Particulars
L.F.
Debit Amount Rs
Credit Amount Rs
2017
Aug.01
Cash A/c
Dr.
To Capital A/c
(Commenced business with cash)
Aug.02
Bank A/c
To Cash A/c
(Bank account opened with H.D.F.C)
Aug.03
Furniture A/c
(Furniture purchased)
Aug.07
Purchases A/c
(Goods purchased for cash)
Aug.08
To M/s. Hema Traders
(Goods purchased from M/s. Hema Traders)
Aug.10
To Sales A/c
(Goods sold for cash)
Aug.14
M/s. Gupta Traders
(Goods sold to M/s. Gupta traders)
Aug.16
Rent A/c
(Rent paid in cash)
Aug.18
Trade Expenses A/c
(Trade expenses paid in cash)
Aug.20
To M/s. Gupta Traders
(Cash received from M/s. Gupta Traders)
Aug.22
M/s. Hema Traders
To Purchases Return A/c
(Goods returned to Hema traders)
Aug.23
(Cash paid to Hema traders)
Aug.25
Postage Stamps A/c
(Postage stamps purchased)
Aug.30
Salaries A/c
(Salaries paid in cash)
Total
3,57,100
Cash Account
Cr.
J.F.
Amount
Amount Rs
Capital
Bank
Sales
Furniture
Purchases
Rent
Trade Expenses
Postage Stamps
Salaries
Aug.31
Balance c/d
2,900
1,52,000
Capital Account
Cash
Bank Account
Furniture Account
Balanced c/d
Purchases Account
72,000
M/s. Hema Traders Account
Purchases Return
Sales Account
M/s. Gupta Traders Account
Rent Account
Trade Expenses Account
Purchases Return Account
Postage Stamps Account
Salaries Account