Question No 02 Chapter No 9 - D.K Goal 11 Class

Question No 02 Chapter No 9

Table of Contents

The solution of Question No 02 Chapter No 9: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

02. On 1st April 2015 the Position of Mr. Desai was a follows:
Cash 22,400; Sundry Debtors 1,20,000; Stock 1,50,000; Building 2,00,000; Machinery 1,45,000; Sundry Creditor 80,200; Bank (Cr.) 32,200 and Bills Payable 5,000
Pass the necessary opening entry and post the same in the ledger.

The solution of Question No 02 Chapter No 9: –

In the Books of Radhika Traders
Date	Particulars		L.F.	Debit	Credit
2019
	Cash A/c	Dr.		22,400
	Sundry Debtors A/c	Dr.		1,20,000
	Stock A/c	Dr.		1,50,000
	Building A/c	Dr.		2,00,000
	Machinery A/c	Dr.		1,45,000
	To Sundry Creditors A/c				80,200
	To Bank A/c				32,200
	To Bill payables A/c				5,000
	To Capital A/c				5,20,000
	(Being business started with cash)

Dr.	Cash A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		22,400
					By Balance c/d		22,400
			22,400				22,400

Dr.	Capital A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
					By Balance b/d		5,20,000
	To Balance c/d		5,20,000
			5,20,000				5,20,000

Dr.	Sundry Debtors A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		1,20,000

					By Balance c/d		1,20,000
			1,20,000				1,20,000

Dr.	Stock A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		1,50,000

					By Balance c/d		1,50,000
			1,50,000				1,50,000

Dr.	Building A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		2,00,000

				Mar. 31	By Balance c/d		2,00,000
			2,00,000				2,00,000

Dr.	Machinery A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		1,45,000
					By Balance c/d		1,45,000
			1,45,000				1,45,000

Dr.	Sundry Creditor A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
					By Balance b/d		80,200
	To Balance c/d		80,200
			80,200				80,200

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Dr.	Bank A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
					By Balance b/d		32,200
	To Balance c/d		32,200
			32,200				32,200

Dr.	Bill payable A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
					By Balance b/d		5,000
	To Balance c/d		5,000
			5,000				5,000

What is Ledger in accounting – explain its Types

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Also, Check out the solved question of all Chapters: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

Chapter 1 Evolution of Accounting & Basic Accounting Terms
Chapter 2 Accounting Equations
Chapter 3 Meaning and Objectives of Accounting
Chapter 4 Double Entry System
Chapter 5 Books of Original Entry – Journal
Chapter 6 Accounting for Goods and Service Tax (GST) (Coming soon)
Chapter 7 Books of Original Entry – Cash Book (Coming soon)
Chapter 8 Books of Original Entry – Special Purpose Subsidiary Books (Coming soon)
Chapter 9 Ledger (Coming soon)
Chapter 10 Trial Balance and Errors (Coming soon)
Chapter 11 Bank Reconciliation Statement (Coming soon)
Chapter 12 Depreciation (Coming soon)
Chapter 13 Bills of Exchange (Coming soon)
Chapter 14 Generally Accepted Accounting Principles(GAAP)
Chapter 15 Bases of Accounting
Chapter 16 Accounting Standards and International Financial Reporting Standard(IFRS) (Coming soon)
Chapter 17 Capital and Revenue
Chapter 18 Provisions and Reserves
Chapter 19 Final Accounts (Coming soon)
Chapter 20 Final Accounts – With Adjustments (Coming soon)
Chapter 21 Errors and their Rectification (Coming soon)
Chapter 22 Accounts from Incomplete Records – Single Entry System (Coming soon)
Chapter 23 Accounts of Not-for-Profit Organisations (Coming soon)
Chapter 24 Computerised Accounting System (Coming soon)
Chapter 25 Introduction to Accounting Information System (Coming soon)

Check out the Accountancy Class +1 by D.K. Goal (Arya Publication) from their official Site.

Question No 02 Chapter No 9 – D.K Goal 11 Class

The solution of Question No 02 Chapter No 9: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

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