Question No 03 Chapter No 10 – USHA Publication 11 Class

Question No 03 Chapter No 10

Question No 03 Chapter No 10

Opening Entry

3. Meena purchased running nosiness of Teena on 15th March 2018 for Rs 6,50,000 with the following assets and liabilities:
Computer Rs 4,50,000; Printers Rs 1,00,000; Photostat Machine Rs 1,20,000; Creditor for Stationary Rs 55,000; Rent outstanding Rs 35,000; stock of Stationary Rs 90,0000

 

The solution of Question No 03 Chapter No 10: –

 

In the Books of Meena
Date Particulars
L.F. Debit Credit
2019          
Mar.15 Computer A/c Dr.   4,50,000  
  Printers A/c Dr.   1,00,000  
  Photostat Machine A/c Dr.   1,20,000  
  Stock A/c Dr.   90,000  
  To Rent outstanding A/c       35,000
  To Creditors A/c       55,000
  To Capital A/c       6,50,000
  To Capital Reserve A/c       20,000
  (Being opening entry made)      
         

 

Journal Proper | Subsidiary Books | Examples

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

Chapter No. 1 – Introduction

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)

 

 

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