Question No 16 Chapter No 7
16. The following Cash Account is prepared by non-commerce students. You are required to check the entries made in this account and find out the revised balance.
| Date | Particular | L.F | Amount | Date | Particular | L.F | Amount |
| 2018 | Rs | 2018 | Rs | ||||
| Jan. 8 | To Ashok ( cash purchase) | 1,800 | Jan. 1 | By Balance b/d | 10,000 | ||
| Jan. 15 | To Sunil (Credit sale) | 1,000 | Jan. 2 | By Sale A/c ( cash) | 3,000 | ||
| Jan. 18 | To Machinery A/c | 900 | Jan. 6 | By Anil | 1,500 | ||
| (machinery repaired | (commission paid ) | ||||||
| Jan. 20 | To Interest A/c | 2,500 | |||||
| (interest received ) | |||||||
| Jan. 31 | To Balance c/d | 8,300 | |||||
| 14,500 | 14,500 |
The solution of Question No 16 Chapter No 7: –
| Dr. | Cash A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Jan. 1 | To Balance b/d | 10,000 | Jan. 6 | By Commission A/c | 1,500 | ||
| Jan. 2 | To Sale A/c | 3,000 | Jan. 8 | By Purchases A/c | 1,800 | ||
| Jan. 20 | To Interest A/c | 2,500 | Jan. 18 | By Repair to Machinery A/c | 900 | ||
| Jan. 31 | By Balance c/d | 11,300 | |||||
| 15,500 | 15,500 | ||||||
What is Ledger in accounting – explain its Types
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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
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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
Chapter No. 12 – Bank Reconciliation Statement
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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)