2017 | ||
April 1 | Cash Sales ₹ 18,000. | |
2 | Deposited into Bank ₹ 20,000. | |
3 | Purchased from Dinesh : | |
300 metres Cotton @ ₹ 60 per metre
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200 metres Silk @ ₹ 100 per metre
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5 | Cheque issued to Dinesh for ₹ 25,000. | |
6 | Accepted a bill at one month for ₹ 15,000 drawn by Dinesh. | |
8 | Sold to Ashok : | |
400 metres Cotton @ ₹ 80 per metre
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250 metres Silk @ ₹ 140 per metre
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10 | Returned by Ashok 50 metres Silk. | |
12 | Received Cash ₹ 8,000 and a Cheque for ₹ 40,000 from Ashok. Cheque was immediately sent to Bank. | |
13 | Received a B/R from Bahadur for ₹ 20,000 at one month. | |
15 | Accepted a bill at two months drawn by Ekta for the amount due to her. | |
16 | Purchased a Computer for office use from Shiva Ltd. for ₹ 45,000 on Credit. | |
18 | Cash purchases ₹ 10,000. | |
19 | Received full payment from Charu by cheque, sent it to Bank. Discount allowed 2%. | |
20 | Issued a cheque to Dinesh in full payment of his account after deducting 1% discount. | |
22 | Settled the account of Shiva Ltd. by a cheque. | |
24 | Proprietor took away goods worth ₹ 5,000 and Cash ₹ 6,000. | |
25 | Purchased from Ganesh 200 metres Cotton @ ₹ 70 per metre subject to trade discount of 5%. | |
27 | Paid Rent ₹ 3,000 and Salaries ₹ 8,000. | |
30 | Interest allowed by bank ₹ 600. |
Cash Book | ||||||||||
Dr. | ||||||||||
Date | Particulars | L.F. | Cash (Rs) | Bank (Rs) | Date | Particulars | L.F. | Cash (Rs) | Bank (Rs) | |
2017 | 2017 | |||||||||
April 01 | Balance b/d | 27,500 | 40,000 | April 02 | Bank A/c | C | 20,000 | – | ||
April 01 | Sales A/c | 18,000 | – | April 05 | Dinesh’s A/c | – | 25,000 | |||
April 02 | Cash A/c | C | – | 20,000 | April 18 | Purchases A/c | 10,000 | – | ||
April 12 | Ashok’s A/c | 8,000 | 40,000 | April 20 | Dinesh’s A/c | – | 17,820 | |||
April 19 | Charu’s A/c | – | 29,400 | April 22 | Shiva Ltd. | – | 45,000 | |||
April 30 | Interest A/c | – | 600 | April 24 | Drawings A/c | 6,000 | – | |||
April 27 | Rent A/c | 3,000 | – | |||||||
April 27 | Salaries A/c | 8,000 | – | |||||||
April 30 | Balance c/d | 6,500 | 42,180 | |||||||
53,500 | 1,30,000 | 53,500 | 1,30,000 | |||||||
May 01 | Balance b/d | 6,500 | 42,180 | |||||||
Purchases Book | |||||
Date | Particulars | L.F. | Details (Rs) | Amount (Rs) | |
2017 | |||||
April 03 | Dinesh | ||||
300 metres Cotton @Rs 60 per metre | 18,000 | ||||
200 metres Silk @Rs 100 per metre | 20,000 | 38,000 | |||
April 25 | Ganesh | ||||
200 metres Cotton @Rs 70 per metre | 14,000 | ||||
Less: 5% Trade Discount | 700 | 13,300 | |||
April 30 | Purchases A/c | Dr. | 51,300 | ||
Sales Book | |||||
Date | Particulars | L.F. | Details (Rs) | Amount (Rs) | |
2017 | |||||
April 08 | Ashok | ||||
400 metres Cotton @Rs 80 per metre | 32,000 | ||||
250 metres Silk @Rs 140 per metre | 35,000 | 67,000 | |||
April 30 | Sales A/c | Cr. | 67,000 | ||
Sales Return Book | ||||||
Date | Particulars | Credit Note No. | L.F. | Details (Rs) | Amount (Rs) | |
2017 | ||||||
April 10 | Ashok | |||||
50 metres Silk @Rs 140 per metre | 7,000 | 7,000 | ||||
April 30 | Sales Return A/c | Dr. | 7,000 | |||
Journal | |||||
Date | Particulars | L.F. | Debit Amount (Rs) | Credit Amount (Rs) | |
2017 | |||||
April 01 | Cash in hand A/c | Dr. | 27,500 | ||
Bank A/c | Dr. | 40,000 | |||
Stock A/c | Dr. | 1,60,000 | |||
Ashok’s A/c | Dr. | 18,000 | |||
Bahadur’s A/c | Dr. | 25,000 | |||
Charu’s A/c | Dr. | 30,000 | |||
Furniture | Dr. | 40,000 | |||
To Dinesh’s A/c | 20,000 | ||||
To Ekta’s A/c | 15,000 | ||||
To Capital A/c (Balancing Figure) | 3,05,500 | ||||
(Balances of previous year brought forward) | |||||
April 06 | Dinesh’s A/c | Dr. | 15,000 | ||
To Bills Payable A/c | 15,000 | ||||
(Acceptance given for bill drawn by Dinesh) | |||||
April 13 | Bills Receivable A/c | Dr. | 20,000 | ||
To Bahadur’s A/c | 20,000 | ||||
(Bills receivable received from one of our debtor, Bahadur) | |||||
April 15 | Ekta’s A/c | Dr. | 15,000 | ||
To Bills Payable A/c | 15,000 | ||||
(Acceptance given for bill drawn by Ekta) | |||||
April 16 | Computer A/c | Dr. | 45,000 | ||
To Shiva Ltd. | 45,000 | ||||
(Computer purchased on credit) | |||||
April 19 | Discount Allowed A/c | Dr. | 600 | ||
To Charu | 600 | ||||
(Discount of 2% allowed to Charu) | |||||
April 20 | Dinesh | Dr. | 180 | ||
To Discount Received A/c | 180 | ||||
(Discount of 1% received from Dinesh) | |||||
April 24 | Drawings A/c | Dr. | 5,000 | ||
To Purchases A/c | 5,000 | ||||
(Goods withdrawn by proprietor) | |||||
TOTAL | 4,41,280 | 4,41,280 | |||
Sales Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 30 | Balance c/d | 85,000 | April 01 | Cash A/c | 18,000 | ||||
April 30 | Sundries as per Sales Book | 67,000 | |||||||
85,000 | 85,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 85,000 |
Ashok’s Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 01 | Balance b/d | 18,000 | April 12 | Cash A/c | 8,000 | ||||
April 08 | Sales A/c | 67,000 | April 12 | Bank A/c | 40,000 | ||||
April 10 | Sales Return A/c | 7,000 | |||||||
April 30 | Balance c/d | 30,000 | |||||||
85,000 | 85,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 30,000 |
Charu’s Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 01 | Balance b/d | 30,000 | April 19 | Bank A/c | 29,400 | ||||
April 19 | Discount Allowed A/c | 600 | |||||||
30,000 | 30,000 | ||||||||
Interest Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 30 | Balance c/d | 600 | April 30 | Bank A/c | 600 | ||||
600 | 600 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 600 |
Dinesh’s Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 05 | Bank A/c | 25,000 | April 01 | Balance b/d | 20,000 | ||||
April 06 | Bills Payable A/c | 15,000 | April 03 | Purchases A/c | 38,000 | ||||
April 20 | Bank A/c | 17,820 | |||||||
April 20 | Discount Received A/c | 180 | |||||||
58,000 | 58,000 | ||||||||
Shiva Ltd. Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 22 | Bank A/c | 45,000 | April 16 | Computer A/c | 45,000 | ||||
45,000 | 45,000 | ||||||||
Purchases Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 18 | Cash A/c | 10,000 | April 24 | Drawings A/c | 5,000 | ||||
April 30 | Sundries as per Purchases Book | 51,300 | April 30 | Balance c/d | 56,300 | ||||
61,300 | 61,300 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 56,300 |
Drawings Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 24 | Cash A/c | 6,000 | April 30 | Balance c/d | 11,000 | ||||
April 24 | Purchases A/c | 5,000 | |||||||
11,000 | 11,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 11,000 |
Rent Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 27 | Cash A/c | 3,000 | April 30 | Balance c/d | 3,000 | ||||
3,000 | 3,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 3,000 |
Ganesh’s Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 30 | Balance c/d | 13,300 | April 25 | Purchases A/c | 13,300 | ||||
13,300 | 13,300 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 13,300 |
Bahadur’s Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 01 | Balance b/d | 25,000 | April 13 | Bills Receivable A/c | 20,000 | ||||
April 30 | Balance c/d | 5,000 | |||||||
25,000 | 25,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 5,000 |
Salaries Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 27 | Cash A/c | 8,000 | April 30 | Balance c/d | 8,000 | ||||
8,000 | 8,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 8,000 |
Sales Return Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 30 | Sundries as per Sales Return Book | 7,000 | April 30 | Balance c/d | 7,000 | ||||
7,000 | 7,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 7,000 |
Stock Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 01 | Balance b/d | 1,60,000 | April 30 | Balance c/d | 1,60,000 | ||||
1,60,000 | 1,60,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 1,60,000 |
Furniture Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 01 | Balance b/d | 40,000 | April 30 | Balance c/d | 40,000 | ||||
40,000 | 40,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 40,000 |
Ekta’s Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 15 | Bills Payable A/c | 15,000 | April 30 | Balance b/d | 15,000 | ||||
15,000 | 15,000 | ||||||||
Bills Payable Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 30 | Balance c/d | 30,000 | April 06 | Dinesh’s A/c | 15,000 | ||||
April 15 | Ekta’s A/c | 15,000 | |||||||
30,000 | 30,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 30,000 |
Computer Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 16 | Shiva Ltd. | 45,000 | April 30 | Balance c/d | 45,000 | ||||
45,000 | 45,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 45,000 |
Discount Allowed Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 19 | Charu’s A/c | 600 | April 30 | Balance c/d | 600 | ||||
600 | 600 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 600 |
Bills Receivable Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 13 | Bhadur’s A/c | 20,000 | April 30 | Balance c/d | 20,000 | ||||
20,000 | 20,000 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 20,000 |
Capital Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 30 | Balance c/d | 3,05,500 | April 01 | Balance b/d | 3,05,500 | ||||
3,05,500 | 3,05,500 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 3,05,000 |
Discount Received Account | |||||||||
Dr. | Cr. | ||||||||
Date | Particulars | J.F. | Amount (Rs) | Date | Particulars | J.F. | Amount (Rs) | ||
2017 | 2017 | ||||||||
April 30 | Balance c/d | 180 | April 20 | Dinesh’s A/c | 180 | ||||
180 | 180 | ||||||||
2017 | |||||||||
May 01 | Balance b/d | 180 |
Trial Balance as on April 30, 2017 |
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Name of Accounts | L.F | Debit Balances Amount (Rs) |
Credit Balances Amount (Rs) |
Cash A/c | 6,500 | – | |
Bank A/c | 42,180 | – | |
Sales A/c | – | 85,000 | |
Ashok’s A/c | 30,000 | – | |
Interest A/c | – | 600 | |
Purchases A/c | 56,300 | – | |
Drawings A/c | 11,000 | – | |
Rent A/c | 3,000 | – | |
Salaries A/c | 8,000 | – | |
Ganesh’s A/c | – | 13,300 | |
Sales Return A/c | 7,000 | – | |
Bahadur’s A/c | 5,000 | – | |
Stock A/c | 1,60,000 | – | |
Furniture A/c | 40,000 | – | |
Bills Receivable A/c | 20,000 | – | |
Bills Payable A/c | – | 30,000 | |
Computer A/c | 45,000 | – | |
Capital A/c | – | 3,05,500 | |
Discount Allowed | 600 | – | |
Discount Received | – | 180 | |
TOTAL | 4,34,580 | 4,34,580 | |