DK Goel Solutions Chapter 13 Ledger

DK Goel Accountancy Class 11 Solutions Chapter 13 Ledger which is outlined by expert Accountancy teachers from the latest version of DK Goel Class 11 Accountancy books. We at BYJU’S provide DK Goel Solutions to assist students to comprehend all the theories in particular. There are numerous concepts in Accountancy, but the concepts of Trial Balance, Depreciation and Bank Reconciliation Statement (BRS) are required.

DK Goel Accountancy Class 11 Solutions – Chapter 13

Question 1

Prepare journal entries of the following posting in the ledger account.

1.

Dr. Cash Account Cr.
To Sales 5,000

2.

Dr. Furniture Account Cr.
To Cash 8,000

3.

Dr. Purchase Account Cr.
To Govind 10,000

4.

Dr. Murari Cr.
By Purchase A/c 12,000

5.

Dr. Sales Account Cr.
By Mohan 15,000

6.

Dr. Interest Account Cr.
By Cash A/c 500

Solution

Journal Entries
Sr. No Particulars L.F Amount Dr.

Amount Cr.

1 Cash A/c Dr.

To Sales A/c

(Goods sold for Cash)

5,000 5,000
2 Furniture A/c Dr.

To Cash A/c

(Furniture purchased for Cash)

8,000 8,000
3 Purchase A/c Dr.

To Govind

(Goods purchased for credit)

10,000 10,000
4 Purchase A/c Dr.

To Murari

(Goods sold for Credit)

12,000 12,000
5 Mohan Dr.

To SAles A/c

(Goods sold on Credit)

15,000 15,000
6 Cash A/c

To Interest A/c

(Interest Received)

500 500

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