Question No 01 Chapter No 10
Opening Entry
1. Bhupinder started business on Feb,1,2019 wither own cash Rs 50,000 , Building Rs 5,50,000, stock of goods Rs 85,000, Furniture Rs 95,000 and a motor van valued at Rs 1,80,000. she also borrowed Rs 70,000 from the bank
The solution of Question No 01 Chapter No 10: –
| In the Books of Bhupinder | |||||
| Date | Particulars |
L.F. | Debit | Credit | |
| 2019 | |||||
| Feb.1 | Cash A/c | Dr. | 50,000 | ||
| Building A/c | Dr. | 5,50,000 | |||
| Stock A/c | Dr. | 85,000 | |||
| Furniture A/c | Dr. | 95,000 | |||
| Motor Van A/c | Dr. | 1,80,000 | |||
| To Bank Loan A/c | 70,000 | ||||
| To Capital A/c | 8,90,000 | ||||
| (Being opening entry made) | |||||
Journal Proper | Subsidiary Books | Examples
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Also, Check out the solved question of all Chapters: –
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Vouchers and transactions
Chapter No. 4 – Journal
Chapter No. 5 – Ledger
Chapter No. 6 – Cash Book
Chapter No. 7 – Other Subsidiary Books
Chapter No. 8 – Journal Proper
Chapter No. 9 – Trial Balance
Chapter No. 10 – Bank Reconciliation Statement
Chapter No. 11 – Depreciation
Chapter No. 12 – Provisions and Reserves
Chapter No. 13 – Bills of Exchange
Chapter No. 14 – Rectification of Errors
Chapter No. 15 – Financial Statements – (Without Adjustments)
Chapter No. 16 – Financial Statements – (With Adjustments)