# Chapter 3

Chapter  3

Problem  1

In the Books of Shah Trade Concern

Capital Account

Dr.

 Date Particulars F. Rs. Date Particulars F. Rs. To Balance c/d 25,000 1 By Capital A/C 25,000 By Balance b/d 25,000

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. 7 To Cash A/C 2,000 By Balance c/d 2,000 To Balance b/d 2,000

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. 2 To Cash A/C 1,300 By Balance c/d 1,300 To Balance b/d 1,300

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. To Balance b/d 6,500 By Sales A/C 6,500 By Balance b/d 6,500

Problem  2

In the Books of P.K. Sharma

Cash Account

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. To Capital A/C 10,000 By Balance c/d 10,500 a To Prem Kumar's A/C 500 10,500 10,500 To Balance b/d 10,500

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. To Balance c/d 10,000 By Cash A/C 10,000 By Balance b/d 10,000

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. To Balance c/d 500 a By Cash A/C 500 By Balance b/d 500

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. To Owner's A/C 150 By Balance c/d 150 To Balance b/d 150

Problem 3

Hari & Sons Account

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. a. To Sales A/C 5,000 b. By Cash A/C 3,000 c. By Sales Return A/C 500 By Balance c/d 1,500 5,000 5,000 1,500

Problem  4

Bank Account

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. (a) To Cash A/C 20,000 (b) By Purchase A/C 3,500 By Balance c/d 16,500 20,000 20,000 To Balance b/d 16,500

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. (d) To Cash A/C 6,000 (c) By Cash A/C 10,000 To Balance c/d 4,000 10,000 10,000 By Balance b/d 4,000

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. To Balance c/d 2,000 (b) By Purchase A/C 2,000 By Balance b/d 2,000

Problem  5

In the Books of Mr. Shrestha

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. 2/4 To Sales A/C 30,000 2.10 By Cash A/C 10,000 By Discount A/C 1,000 2.15 By Sales Return A/C 3,000 By Balance c/d 16,000 30,000 30,000 To Balance b/d 16,000

Problem  6

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. 9-6 To Sales A/C 12,000 9-14 By Cash A/C 5,700 By Discount A/C 300 9-24 By Sales Return A/C 1,500 By Balance c/d 4,500 12,000 12,000 To Balance b/d 4,500

Problem  7

In the Books of Ajaya

Cash Account

 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. Asadh 2 To Sales A/C 30,000 Asadh 3 By Purchase A/C 20,000 5 To Abhaya's A/C 29,000 8 By Bijaya's A/C 10,000 11 To Sales A/C 25,000 20 By Bijaya's A/C 25,000 18 To Abhaya's A/C 15,000 25 By Rent A/C 5,000 30 By Salary A/C 5,000 By Balance c/d 34,000 99,000 99,000 Shrawan 1 To Balance c/d 34,000 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. Asadh 6 To Purchase Return A/C 2,000 Asadh 1 By Purchase A/C 50,000 8 To Cash A/C 10,000 10 By Purchase A/C 30,000 20 To Cash A/C 25,000 30 To Balance c/d 43,000 80,000 80,000 Shrawan 1 By Balance b/d 43,000 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. Asadh 4 To Sales A/C 30,000 Asadh 5 By Cash A/C 29,000 15 To Sales A/C 20,000 By Discount A/C 1,000 18 By Cash A/C 15,000 30 By Balance c/d 5,000 50,000 50,000 Shrawan 1 To Balance b/d 5,000 Dr. Cr. Date Particulars F. Rs. Date Particulars F. Rs. Asadh 30 To Cash A/C 5,000 Asadh 30 By Balance c/d 5,000 Shrawan 1 To Balance b/d 5,000

Problem  8

In the Books of Rajesh

Journal

 Date Particulars L.F. Debit(Rs.) Credit(Rs.) 3/1/2059 Cash A/C Dr. 5,00,000 To Capital A/C 5,00,000 (For business started with a capital of Rs.5,00,000) 3/2/2059 Furnityre A/C Dr. 30,000 To Cash A/C 30,000 (For furniture purchased) 3 Purchase A/C Dr. 50,000 To Sales A/C 50,000 (For goods purchased) 3 Cash A/C Dr. 30,000 To Sales A/C 30,000 (For goods sold) 4 Krishna's A/C Dr. 12,000 To Sales A/C 12,000 (For goods sold) 6 Lalit's A/C Dr. 8,000 To Sales A/C 8,000 (For goods sold) 7 Stationery A/C Dr. 2,000 To Cash A/C 2,000 (For Paid for stationery) 9 Cash A/C Dr. 10,000 To krishna A/C 10,000 (For cash received) 10 Purchase A/C Dr. 20,000 To Rabindra's A/C) 20,000 (For goods purchased) 11 Rajendra's A/C Dr. 25,000 To Sales A/C 25,000 (For goods sold) 13 Rabindra's A/C Dr. 20,000 To Cash A/C 19,500 To Discount A/C 500 (For payment made to Rabindra in full settlement and allowed discount by him) 19 Cash A/C Dr. 8,000 To Lalit's A/C 8,000 (For cash received) 21 Sundry Expenses A/C Dr. 500 To Cash A/C 500 (For expenses Paid) 25 Cash A/C Dr. 10,000 To Sales A/C 10,000 (For goods sold) 29 Electricity Bill A/C Dr. 1,000 To Cash A/C 1,000 (For electricity bill paid) 30 Salaries A/C Dr. 3,000 To Cash A/C 3,000 (For Salaries paid) 31 Rent A/C Dr. 2,000 To Cash A/C 2,000 (For rent paid)

 Dr. Cash Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.3.1 To Capital A/C 5,00,000 59.3.2 By Furniture A/C 30,000 3 To Sales A/C 30,000 3 By Purchase A/C 50,000 9 To Krishna A/C 10,000 7 By Stationery A/C 2,000 19 To Lalit's A/C 8,000 13 By Rabindra's A/C 19,500 25 To Sales A/C 10,000 21 By Sundry Expenses A/C 500 29 By Electricity Bill A/C 1,000 30 By Salaries A/C 3,000 31 By Rent A/C 2,000 By Balance c/d 4,50,000 5,58,000 5,58,000 59.4.1 To balance b/d

 Dr. Capital Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.3.31 To Balance c/d 5,00,000 59.3.1 By Cash A/C 5,00,000 59.4.1 By Balance b/d 5,00,000 Dr. Purchase Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.3.3 To Cash A/C 50,000 59.3.31 By Balance c/d 70,000 10 To Rabindra's A/C 20,000 70,000 70,000 59.4.1 To Balance b/d 70,000 Dr. Sales Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.3.31 To Balance c/d 85,000 59.3.3 By Cash A/c 30,000 59.3.4 By Krishna's A/C 12,000 59.3.6 By Lalit's A/C 8,000 59.3.11 By Rajendra's A/C 25,000 59.3.25 By Cash A/c 10,000 85,000 85,000 59.4.1 By Balance b/d 85,000 Dr. Krishna's Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.3.4 To Sales A/C 12,000 59.3.9 By Cash A/C 10,000 59.3.31 By Balance c/d 2,000 12,000 12,000 59.4.1 To Balance b/d 2,000 Dr. Rabindra's Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.3.13 To Cash A/C 19,500 59.3.10 By Purchase A/C 20,000 To Discount A/C 500 20,000 20,000

Problem  9

Journal

 Date Particulars L.F. Debit(Rs.) Credit(Rs.) 2059.5.1 Cash A/C Dr. 6,00,000 To Capital A/C 6,00,000 (For started business with a capital of Rs.(6,00,000) 3 Furniture A/C0 Dr. 20,000 To Cash A/C 20,000 (For furniture purchased) 4 Purchase A/C Dr. 1,40,000 To Shiva's A/C 1,40,000 (For goods purchased) 5 Shanker's A/C Dr. 20,000 To sales A/C 20,000 (For goods sold) 6 Shiva's A/C Dr. 10,000 To Purchased Return A/C 10,000 (For goods returned to Shiva) 7 Cash A/C Dr. 50,000 To sales A/C 50,000 (For goods sold) 8 Bhola Nath's A/C Dr. 14,000 To sales A/C 14,000 (For goods sold) 11 Purchase A/C Dr. 18,000 To Cash A/C 18,000 (For goods purchased) 12 Maheshor's A/C Dr. 14,000 To sales A/C 14,000 (For goods sold) 15 Cash A/C Dr. 18,000 To Shanker's A/C 18,000 (For cash received) 17 Cash A/C Dr. 12,000 To Bhola Nath A/C 12,000 (For cash received) 19 Bank A/C Dr. 10,000 To Cash A/C 10,000 (For cash deposited into Bank) 21 Shiva's A/C Dr. 1,00,000 To Cash A/C 1,00,000 (For cash paid to Shiva) 25 Shiva's A/C Dr. 20,000 To Purchase Return A/C 20,000 (For goods returned) 30 Salaries A/C Dr. 2,500 To Cash A/C 2,500 (For salaries paid) 31 Telephone Charge A/C Dr. 800 To Cash A/C 800 (For telephone charge paid) 31 Drawing A/C Dr. 10,000 To Cash A/C 10,000 (for cash withdrawn for personal use) 31 Rent A/C Dr. 4,000 To Cash A/C 4,000 (for rent paid)

 Dr. Cash Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.1 To Capital A/C 6,00,000 59.5.3 By Furnitures A/C 20,000 7 To Sales A/C 50,000 11 By Purchase A/C 18,000 15 To shanker's A/C 18,000 19 By Bank A/C 10,000 17 To Bhola Nath's A/C 12,000 21 By Shiva's A/C 1,00,000 30 By Salaries A/C 2,500 31 By Telephone Charge A/C 800 31 By Drawing A/C 10,000 31 By Rent A/C 4,000 By Balance c/d 5,14,700 6,80,000 6,80,000 59.6.1 To Balance b/d 5,14,700

 Dr. Furniture Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.3 To Cash A/C 20,000 59.5.31 By Balance c/d 20,000 59.6.1 To Balance c/d 20,000 Dr. Shiva's Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.6 To Purchase Return A/C 10,000 59.5.4 By Purchase A/C 1,40,000 21 To Shiva's A/C 1,00,000 25 To Purchase Return A/C 20,000 31 To Balance c/d 10,000 1,40,000 1,40,000 59.6.1 By Balance b/d 10,000 Dr. Bank Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.19 To Cash A/C 10,000 59.5.31 By Balance c/d 10,000 59.6.1 To Balance b/d 10,000 Dr. Bhola Nath's Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.8 To sales A/C 14,000 59.5.17 By Cash A/C 12,000 59.5.31 By Balance c/d 2,000 14,000 14,000 59.6.1 To Balance b/d 2,000 Dr. Rent account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.31 To Cash A/C 4,000 59.5.31 By Balance c/d 4,000 59.6.1 To Balance b/d 4,000 Dr. Capital Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.31 To Balance c/d 6,00,000 59.5.1 By Cash A/C 6,00,000 59.6.1 By Balance b/d 6,00,000 Dr. Salaries Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.30 To Cash A/C 2,500 59.5.31 By Balance c/d 2,500 59.6.1 To Balance b/d 2,500

Problem  10

 Dr. Cash Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.1 To Capital A/C 5,00,000 59.5.2 By Bank  A/C 3,00,000 9 To Sales A/C 30,000 3 By Purchase A/c 1,00,000 20 To Krishna's A/C 69,500 17 By Murali's A/C 1,29,000 18 By Wages A/C 1,000 25 By Wages A/C 2,500 31 By stationery A/c 2,000 By Balance c/d 65,000 5,99,500 5,99,500 59.6.1 To Balance b/d 65,000 Dr. Bank Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.2 To Cash A/C 3,00,000 59.5.28 By Drawing A/C 3,000 59.5.31 By Balance c/d 2,97,000 3,00,000 3,00,000 59.6.1 To Balance b/d 2,97,000 Dr. Murali's Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.1 To Purchase Return A/C 20,000 59.5.4 By Purchase A/c 1,50,000 59.5.17 To Cash A/C 1,29,000 To discount A/C 1,000 1,50,000 1,50,000 Dr. Krishna's Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.6 To Sales A/C 75,000 59.5.12 By Sales Return A/C 5,000 59.5.20 By Cash A/C 69,500 By Discount A/C 500 75,000 75,000 Dr. Wages Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.18 To Cash A/C 1,000 59.5.31 By Balance c/d 3,500 25 To Cash A/C 2,500 3,500 3,500 59.6.1 To Balance b/d 3500 Dr. Stationery Account Cr. Date Particulars F. Rs. Date Particulars F. Rs. 59.5.31 To Cash A/C 2,000 59.5.31 By Balance c/d 2,000 59.6.1 To Balance b/d 2,000

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