Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (Rs) |
Credit Amount (Rs) |
|
|
|
|
|
|
|
a. |
P’s Capital A/c |
Dr. |
|
90,000 |
|
|
Bank A/c |
Dr. |
|
1,25,000 |
|
|
To Realisation A/c |
|
|
|
2,15,000 |
|
(Stock realized) |
|
|
|
|
|
|
|
|
|
|
b. |
Bank A/c |
Dr. |
|
2,05,000 |
|
|
To Realisation A/c |
|
|
|
2,05,000 |
|
(Debtors realized) |
|
|
|
|
|
|
|
|
|
|
c. |
Bank A/c |
Dr. |
|
14,70,000 |
|
|
To Realisation A/c |
|
|
|
14,70,000 |
|
(Land and Building realized) |
|
|
|
|
|
|
|
|
|
|
d. |
No Entry |
|
|
|
|
|
|
|
|
|
|
e. |
Bank A/c |
Dr. |
|
75,000 |
|
|
To Realisation A/c |
|
|
|
75,000 |
|
(Investment realized ) |
|
|
|
|
|
|
|
|
|
|
f. |
No Entry |
|
|
|
|
|
|
|
|
|
|
g. |
Bank A/c |
Dr. |
|
10,000 |
|
|
To Realisation A/c |
|
|
|
10,000 |
|
(Unrecorded furniture realized ) |
|
|
|
|
|
|
|
|
|
|
h. |
Bank A/c |
Dr. |
|
12,000 |
|
|
To Realisation A/c |
|
|
|
12,000 |
|
(Bad debts recovered ) |
|
|
|
|
|
|
|
|
|
|
i. |
Realisation A/c |
Dr. |
|
50,000 |
|
|
To P’s Capital A/c |
|
|
|
50,000 |
|
(Wife’s loan paid by partner) |
|
|
|
|
|
|
|
|
|
|
J. |
Realisation A/c |
Dr. |
|
82,000 |
|
|
To Bank A/c (10,000 + 72,000) |
|
|
|
82,000 |
|
(Creditors paid) |
|
|
|
|
|
|
|
|
|