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Question No 25 Chapter No 4
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25. Mention the side and the nature of the account which show the increase in the following Account
(i) Salaries outstanding Account | (ii) Salaries Account |
(iii) Sunanda (Proprietor) | (iv) Rent Received Account |
(v) Bank Account | (vi) Building Account |
(vii) Debtor’s Account | (viii) Motor Vehicle Account |
(ix) Rent, Prepaid Account | (x) Sales Account |
The solution of Question No 25 Chapter No 4: –
S. No. | Particulars | Side of Ledger | Nature of Account |
i | Salaries Outstanding Account | Credit | Personal Account |
ii | Salaries Account | Credit | Personal Account |
iii | Sunanda (Proprietor) | Credit | Personal Account |
iv | Rent Received Account | Credit | Nominal Account |
v | Bank Account | Debit | Real Account |
vi | Building Account | Debit | Real Account |
vii | Debtors Account | Debit | Real Account |
viii | Motor Vehicle Account | Debit | Real Account |
ix | Rent Prepaid Account | Debit | Personal Account |
x | Sales Account | Credit | Nominal Account |
What is Accounting Equation | Example
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Also, Check out the solved question of all Chapters: –
Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
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Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
Chapter No. 9 – Other Subsidiary Books
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Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 14 – Provisions and Reserves
Chapter No. 15 – Bills of Exchange
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Chapter No. 16 – Rectification of Errors
Chapter No. 17 – Financial Statements – (Without Adjustments)
Chapter No. 18 – Financial Statements – (With Adjustments)
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