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. 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)