Question No 21 Chapter No 7 21. Record the following transaction in the journal of R.Venkataraman and post it to the ledger: Date 2018 Apr. 3 Commenced business with cash balance Rs 2,00,000 and bank balance Rs 3,00,000. Read More …
Question No 20 Chapter No 7 20. Recode the following transactions in the journal of Pranab Mukherjee and post them into Ledger Date 2018 Apr. 1 Commenced business with cash Rs 6,00,000 Jun. 21 Deposited cash into bank Read More …
Question No 19 Chapter No 7 19. Journalese the following transaction, post them in the ledger and extract balances: Date Particular 2018 Apr. 1 Santosh started business with cash Rs 35,000 ; Machinery Rs 25,000 and furniture Rs 15,000 Read More …
Question No 18 Chapter No 7 18. Journalese the following transaction, post them in the ledger and extract balances: Date Particular 2019 Jan. 1 Purshottam commenced business with cash Rs 80,000 and furniture Rs 30,000 Jan. 10 Deposited cash Read More …
Question No 17 Chapter No 7 17. Pass journal entries from the following transaction in the book of Kartik and post them into the ledger Date Particular Amount 2017 Dec. 1 Started business with cash 20,000 Dec. 3 Read More …
Question No 16 Chapter No 7 16. The following Cash Account is prepared by non-commerce students. You are required to check the entries made in this account and find out the revised balance. Date Particular L.F Amount Date Particular L.F Read More …
Question No 15 Chapter No 7 15. Are the following journal entries correctly made? If not, give correct entries and post them into respective accounts. Dr Cr (a) Wages A/c Dr. 300 To Hari Read More …
Question No 13 Chapter No 7 13. Pass journal entries and prepare only Stationery Account: 2018 Rs Feb. 1 Opening balance of Stationery 3,000 Feb. 9 Purchased stationery for cash 18,500 Feb. 19 Purchased stationery on credit from Bose Read More …
Question No 12 Chapter No 7 12. Pass journal entries and prepare Machinery Account: 2019 Mar. 1 Purchased Machinery for Cash Rs 35,000. installation charges paid Rs 2,500 Mar. 7 Purchased machinery on credit from Tahira RS 52,000 Read More …