NOTES

From the following Cash book of Mr. Patel for the month of April, 2011. Prepare necessary Ledger A/c’s and Balance the same.

     Dr.                                                                   Cash A/c                                                                 Cr.

Date	Particulars	R. No.	L.F.	Amt. ${\displaystyle }$	Date	Particulars	V.No.	L.F.	Amt. ${\displaystyle .}$
2011					2011
Apr. 1	To Balance b/d			5,000	Apr. 1	By Purchases A/c			800
3	To Rohan’s A/c			1,400	4	By Wages A/c			500
6	To Sales A/c			3,600	8	By Purchases A/c			3,400
8	To Interest A/c			1,000	10	By Rekha’s A/c			1,900
10	To Imran’s A/c			2,000	12	By Drawing A/c			1,700
15	To Sales A/c			6,000	22	By Purchases A/c			1,600
20	To Rohan’s A/c			700	30	By Bank A/c			6,800
30	To Capital A/c			7,000	30	By Balance c/d			10,000
				26,700					26.700
May 1	To Balance b/d			10,000

Notes of Accounting Process - Ledgers (Old & New)

1. Journalize the following transactions, post them in the ledger and balance the accounts on 31^st December.
   1. X started business with a capital of Rs.20,000
   2.He purchased goods from Y on credit Rs. 4,000
   3.He paid cash to Y Rs. 2,000
   4.He sold goods to Z Rs. 4,000
   5. He received cash from Z Rs. 6,000
   6. He further purchased goods from Y Rs. 4,000
   7. He paid cash to Y Rs. 2,000
   8. He further sold goods to Z Rs.4,000
   9. He received cash from Z Rs. 2,000

   
   see in detail
   
   

2. From the following transactions prepare necessary ledger accounts In the books of Mr. Joshi and balance the same.

   2011

   Jul.1   Started Business with Cash Rs. 8,000.

   4          Purchased goods on credit from Mr. Deshmukh Rs. 3,000 at 10% T.D.

   6          Cash Sales Rs. 4,000 at 5% C.D.

   10        Paid Rent Rs. 900.

   15        Cash Purchases Rs. 800.

   20        Credit sales to Mr. Kulkarni Rs. 2,000

   22        Paid cash to Mr. Deshmukh Rs. 2,700

   23        Received cash from Mr. Kulkarni Rs. 1,000      

   31        Paid wages Rs. 500.

   
   see in detail
   
   

3. From the following Cash book of Mr. Patel for the month of April, 2011. Prepare necessary Ledger A/c’s and Balance the same.

        Dr.                                                                   Cash A/c                                                                 Cr.

   Date	Particulars	R. No.	L.F.	Amt. ${\displaystyle }$	Date	Particulars	V.No.	L.F.	Amt. ${\displaystyle .}$
   2011					2011
   Apr. 1	To Balance b/d			5,000	Apr. 1	By Purchases A/c			800
   3	To Rohan’s A/c			1,400	4	By Wages A/c			500
   6	To Sales A/c			3,600	8	By Purchases A/c			3,400
   8	To Interest A/c			1,000	10	By Rekha’s A/c			1,900
   10	To Imran’s A/c			2,000	12	By Drawing A/c			1,700
   15	To Sales A/c			6,000	22	By Purchases A/c			1,600
   20	To Rohan’s A/c			700	30	By Bank A/c			6,800
   30	To Capital A/c			7,000	30	By Balance c/d			10,000
   				26,700					26.700
   May 1	To Balance b/d			10,000

   
   see in detail
   
   

4. From the following Cash Book (with cash and bank columns) Prepare necessary Ledger A/c’s and Balance the them.

     Dr.                                           Cash Book (with Cash and Bank Columns)                        Cr.

   Date	Particulars	L.F.	Cash Rs.	Bank Rs.	Date	Particulars	L.F.	Cash Rs.	Bank Rs.
   2011					2011
   Apr. 1	To Balance b/d		400	1,000	Apr. 1	By Purchases A/c		700
   2	To Ram’s A/c		980		3	By Rent A/c			200
   3	To Sales A/c			4,000	10	By Sita’s A/c		300
   7	To Interest A/c		120		8	By Salaries A/c			450
   10	To Sales A/c		500		10	By Purchases A/c			1,350
   25	To Bank A/c		2,000		30	By Balance c/d		3,000	1,000
   			4,000	5,000				4,000	5,000
   May 1	To Balance b/d		3,000	1,000

   
   see in detail
   
   

5. From the following Subsidiary books prepare necessary ledger accounts and balance them.

   Purchase Book

   Date	Particulars	Inward Invoice no.	L.F.	Amt. Rs.
   2011
   Aug. 2	Laxman			4,250
   5	Joseph			1,500
   10	Salman			3,000
   15	Kamini			2,500
   31	Patel			800
   	Total			12,050

   Purchase Return Book

   Date	Particulars	Debit Note No.	L.F.	Amt. Rs.
   2011
   Aug. 7	Laxman			550
   18	Kamini			700
   31	Patel			100
   	Total			1,350

    

    

   
   see in detail