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 | 10,200 |
| Feb. 23 | Stationery purchased by cheque | 8,400 |
| Feb. 28 | Stock of stationery | 5,100 |
The solution of Question No 13 Chapter No 7: –
Journal
| Date | Particulars |
L.F. | Debit | Credit | |
| 2018 | |||||
| Feb.1 | No entry | ||||
| Feb.9 | Stationery A/c | Dr. | 18,500 | ||
| To Cash A/c | 18,500 | ||||
| (Being stationery purchased for cash ) | |||||
| Feb.19 | Stationery A/c | Dr. | 10,200 | ||
| To Bose A/c | 10,200 | ||||
| (Being stationery purchased on credit) | |||||
| Feb.23 | Stationery A/c | Dr. | 8,400 | ||
| To Bank A/c | 8,400 | ||||
| (Being stationery purchased by cheque) | |||||
| Feb.28 | Profit & loss A/c | Dr. | 35,000 | ||
| To Stationery A/c | 35,000 | ||||
| (Being cost of stationery consumed ) | |||||
| Dr. | Stationery A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Feb. 1 | To balance b/d | 3,000 | Feb. 12 | By Profit & loss A/c (B.Fg.) | 35,000 | ||
| Feb. 9 | To Cash A/c | 18,500 | |||||
| Feb. 19 | To Bose A/c | 10,200 | |||||
| Feb. 23 | To Bank A/c | 8,400 | Feb. 28 | By Balance c/d | 5.100 | ||
| 40,100 | 40,100 | ||||||
What is Ledger in accounting – explain its Types
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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
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Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
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Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 14 – Provisions and Reserves
Chapter No. 15 – Bills of Exchange
Chapter No. 16 – Rectification of Errors
Chapter No. 17 – Financial Statements – (Without Adjustments)
Chapter No. 18 – Financial Statements – (With Adjustments)