{"id":21879,"date":"2025-03-14T18:03:32","date_gmt":"2025-03-14T12:33:32","guid":{"rendered":"https:\/\/onlinefreenotes.com\/?p=21879"},"modified":"2025-12-12T08:00:15","modified_gmt":"2025-12-12T08:00:15","slug":"ledger-accounts-nbse-class-9-book-keeping","status":"publish","type":"post","link":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/ledger-accounts-nbse-class-9-book-keeping\/","title":{"rendered":"Ledger Accounts: NBSE Class 9 Book Keeping"},"content":{"rendered":"\n<p>Get summaries, questions, answers, solutions, notes, extras, theories, practicles, PDF, and guide of Chapter 5 Ledger Accounts, <a href=\"https:\/\/nbsenl.edu.in\/\" target=\"_blank\" rel=\"noopener\">NBSE <\/a>Class 9 Book Keeping (BK) textbook, which is part of the syllabus of students studying under Nagaland Board. These solutions, however, should only be treated as references and can be modified\/changed.<\/p>\n\n\n\n\n  <style>\r\n    .notice {\r\n      background: yellow;       \/* simple yellow background *\/\r\n      text-align: center;       \/* centre alignment *\/\r\n      padding: 12px 16px;\r\n      margin: 20px auto;\r\n      width: fit-content;       \/* shrink to text and centre via auto margins *\/\r\n      font-family: Arial, sans-serif;\r\n    }\r\n  <\/style>\r\n  <div class=\"notice\">\r\n    If you notice any errors in the notes, please mention them in the comments\r\n  <\/div>\r\n<nav id=\"toc\" class=\"toc-box\"><\/nav>\r\n<style>\r\n.toc-box{\r\n  border:1px solid #e5e7eb;\r\n  border-radius:8px;\r\n  background:#fff;\r\n  margin:20px 0;\r\n  font-family:Arial, Helvetica, sans-serif\r\n}\r\n.toc-header{\r\n  padding:10px 14px;\r\n  font-size:16px;\r\n  font-weight:600;\r\n  border-bottom:1px solid #eef2f7;\r\n  background:#f8fafc\r\n}\r\n.toc-content{\r\n  padding:12px 18px\r\n}\r\n\r\n\/* Base list *\/\r\n.toc-content ul{\r\n  margin:0 25px;\r\n  padding-left:0;\r\n  list-style:none\r\n}\r\n\r\n\/* Level-based bullets *\/\r\n.toc-content li{\r\n  position:relative;\r\n  margin:6px 0;\r\n  margin-left:6px;\r\n  line-height:1.5;\r\n\tlist-style:disc;\r\n}\r\n\r\n\/* H2 bullet \u25cf *\/\r\n.toc-content li.level-2{\r\n  list-style:disc;\r\n\t\r\n}\r\n\r\n\/* H3 bullet \u25cb *\/\r\n.toc-content li.level-3{\r\n  margin-left:26px;\r\n\tlist-style:disc;\r\n}\r\n\r\n\r\n\/* H4+ bullet \u2013 *\/\r\n.toc-content li.level-4{\r\n  margin-left:46px;\r\n\tlist-style:disc;\r\n}\r\n.toc-content li.level-5,\r\n.toc-content li.level-6{\r\n  margin-left:66px;\r\n\tlist-style:disc;\r\n}\r\n\r\n.toc-content a{\r\n  text-decoration:none;\r\n  color:#000\r\n}\r\n.toc-content a:hover{\r\n  text-decoration:underline\r\n}\r\n\r\nhtml{scroll-behavior:smooth}\r\nh1[id],h2[id],h3[id],h4[id],h5[id],h6[id]{\r\n  scroll-margin-top:110px\r\n}\r\n<\/style>\r\n\r\n<script>\r\ndocument.addEventListener('DOMContentLoaded', function () {\r\n\r\n  const toc = document.getElementById('toc');\r\n  if (!toc) return;\r\n\r\n  \/* MAIN CONTENT ONLY *\/\r\n  const content = document.querySelector('#pdf-content');\r\n\r\n  \/* EXCLUDE AREAS *\/\r\n  const excludeSelectors = `\r\n    .author, .byline, .entry-meta, .post-meta,\r\n    #comments, .comments-area, .comment-respond,\r\n    .comment-form, .comment-list,\r\n    .login, .login-required,\r\n    .sidebar, aside, footer, nav,\r\n    .widget, .widgets\r\n  `;\r\n\r\n  \/* TEXT TO IGNORE *\/\r\n  const ignoreText = [\r\n    'leave a comment',\r\n    'cancel reply',\r\n    'login required',\r\n    'get notes',\r\n    'ron\\'e dutta',\r\n    'comments'\r\n  ];\r\n\r\n  \r\nconst headings = [...content.querySelectorAll('h1,h2,h3,h4,h5,h6')]\r\n  .filter(h => !excludeSelectors || !h.closest(excludeSelectors))\r\n  .filter(h => {\r\n    const txt = h.textContent.trim().toLowerCase();\r\n    return txt.length > 0 && !ignoreText.some(t => txt.includes(t));\r\n  });\r\n\r\n\/\/alert(content);\r\n  if (!headings.length) {\r\n    toc.style.display = 'none';\r\n    return;\r\n  }\r\n\r\n  \/* UNIQUE IDs *\/\r\n  const used = {};\r\n  const slug = t => t.toLowerCase().trim()\r\n    .replace(\/[^a-z0-9\\s-]\/g, '')\r\n    .replace(\/\\s+\/g, '-');\r\n\r\n  headings.forEach(h => {\r\n    if (!h.id) {\r\n      let base = slug(h.textContent) || 'section';\r\n      used[base] = (used[base] || 0) + 1;\r\n      h.id = used[base] > 1 ? base + '-' + used[base] : base;\r\n    }\r\n  });\r\n\r\n  \/* BUILD TOC *\/\r\n  const ul = document.createElement('ul');\r\n\r\n  headings.forEach(h => {\r\n    const level = parseInt(h.tagName.substring(1));\r\n    if (level < 2) return; \/\/ skip H1 like your reference site\r\n\r\n    const li = document.createElement('li');\r\n    li.className = 'level-' + level;\r\n\r\n    const a = document.createElement('a');\r\n    a.href = '#' + h.id;\r\n    a.textContent = h.textContent.trim();\r\n\r\n    li.appendChild(a);\r\n    ul.appendChild(li);\r\n  });\r\n\r\n  toc.innerHTML = `\r\n    <div class=\"toc-header\">Table of Contents<\/div>\r\n    <div class=\"toc-content\"><\/div>\r\n  `;\r\n  toc.querySelector('.toc-content').appendChild(ul);\r\n\r\n});\r\n<\/script>\r\n\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Summary\"><strong>Summary<\/strong><\/h3>\n\n\n\n<p>A ledger is a book where all business transactions are recorded in a systematic way. It contains different accounts like assets, liabilities, capital, revenue, and expenses. These accounts help to organize the information from journals. A journal records transactions in order but does not group similar transactions together. This makes it hard to find all entries related to one account. The ledger solves this by keeping all related transactions in one place.<\/p>\n\n\n\n<p>Each account in the ledger has two sides. The left side is called debit and the right side is called credit. Transactions are posted from the journal to the ledger. This process is called posting. When posting, certain steps are followed to ensure accuracy. The date, account name, reference, and amount are written on the correct side of the account.<\/p>\n\n\n\n<p>There are different types of ledgers. Debtors Ledger keeps track of customers who owe money. Creditors Ledger tracks suppliers or creditors. General Ledger holds all other accounts. Each type helps manage specific parts of a business&#8217;s finances.<\/p>\n\n\n\n<p>Balancing is an important task in ledger management. It involves finding the difference between total debits and credits in each account. If debits exceed credits, there is a debit balance. If credits exceed debits, there is a credit balance. Balances are carried forward to the next period. This helps keep track of what is owed or owing.<\/p>\n\n\n\n<p>Ledger accounts are classified into personal, real, and nominal accounts. Personal accounts relate to people or entities. Real accounts deal with tangible items like cash, furniture, and buildings. Nominal accounts cover incomes and expenses. Each type has a specific way of being closed or balanced at the end of a period.<\/p>\n\n\n\n<p>The ledger serves as the main source of financial information. It helps prepare final accounts which show the financial position of a business. Without a ledger, preparing these statements would be difficult. The ledger is also known as the storehouse of information because it holds all necessary details about business transactions.<\/p>\n\n\n\n<p>Transactions are first recorded in journals and then transferred to ledgers. This double entry system ensures accuracy. One account is debited while another is credited. This method prevents errors and fraud. Posting rules differ based on the type of transaction and the involved accounts.<\/p>\n\n\n\n<p>Different books like cash books, purchases books, and sales books help record specific types of transactions. Each has its own posting rules. For example, cash transactions are posted differently compared to credit purchases or sales. Understanding these differences is key to maintaining accurate records.<\/p>\n\n\n\n<p>The ledger is essential for businesses of all sizes. It organizes data, simplifies reporting, and supports decision-making. By following proper procedures, businesses can maintain clear and reliable financial records.<\/p>\n\n\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Very_short_answers\"><strong>Textbook solutions<\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Answer_in_-_words\"><strong>Multiple Choice Questions (MCQs)<\/strong><\/h4>\n\n\n\n<p><strong>1. In Ledger:<\/strong><\/p>\n\n\n\n<p>(a) Only personal accounts are maintained.<br>(b) Only real accounts are maintained.<br>(c) Only nominal accounts are maintained.<br>(d) All of these.<\/p>\n\n\n\n<p><strong>Answer <\/strong>: (d) All of these.<\/p>\n\n\n\n<p><strong>2. A Ledger is a book of._<\/strong><\/p>\n\n\n\n<p>(a) Original entry<br>(b) Subsidiary book<br>(c) Final entry<br>(d) Petty cash transactions<\/p>\n\n\n\n<p><strong>Answer <\/strong>: (c) Final entry<\/p>\n\n\n\n<p><strong>3. While posting in personal accounts from the purchases book, posting is done:<\/strong><\/p>\n\n\n\n<p>(a) On Debit side<br>(b) On Credit side<br>(c) On Debit or Credit side<br>(d) None of the above<\/p>\n\n\n\n<p><strong>Answer <\/strong>: (b) On Credit side<\/p>\n\n\n\n<p><strong>4. Which of these accounts has debit balance?<\/strong><\/p>\n\n\n\n<p>(a) Income received in advance<br>(b) Bank loan<br>(c) Prepaid insurance premium<br>(d) Creditors for goods<\/p>\n\n\n\n<p><strong>Answer <\/strong>: (c) Prepaid insurance premium<\/p>\n\n\n\n<p><strong>5. The total of Purchases Return book will be posted to the:<\/strong><\/p>\n\n\n\n<p>(a) Debit of Purchases A\/c<br>(b) Credit of Purchases A\/c<br>(c) Debit side of Purchases Return A\/c<br>(d) Credit side of Purchases Return A\/c<\/p>\n\n\n\n<p><strong>Answer <\/strong>: (b) Credit of Purchases A\/c<\/p>\n\n\n\n<p><strong>6. Normally, the following accounts are balanced:<\/strong><\/p>\n\n\n\n<p>(a) Personal A\/c&amp; Nominal A\/c<br>(b) Real A\/c&amp; Nominal A\/c<br>(c) Only Nominal A\/c<br>(d) Personal A\/c&amp; Real A\/c<\/p>\n\n\n\n<p><strong>Answer <\/strong>: (d) Personal A\/c&amp; Real A\/c<\/p>\n\n\n\n<p><strong>7. Which of the following is known as &#8220;Principal Book of Accounting&#8221;?<\/strong><\/p>\n\n\n\n<p>(a) Ledger<br>(b) Journal<br>(c) Trial balance<br>(d) Balance sheet<\/p>\n\n\n\n<p><strong>Answer <\/strong>: (a) Ledger<\/p>\n\n\n\n<p><strong>8. Cash taken by the proprietor should be credited to:<\/strong><\/p>\n\n\n\n<p>(a) Capital Account<br>(b) Bank loan<br>(c) His Personal Account<br>(d) Drawings Account<\/p>\n\n\n\n<p><strong>Answer <\/strong>: (d) Drawings Account<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Short_essay-type_answers\"><strong>True\/False<\/strong><\/h4>\n\n\n\n<p><strong>1. Ledger is a book of original entry.<\/strong><\/p>\n\n\n\n<p><strong>Answer: <\/strong>False<\/p>\n\n\n\n<p><strong>2. Transactions are recorded first in Ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer: <\/strong>False<\/p>\n\n\n\n<p><strong>3. Process of transferring entries from journal to ledger is known as Posting.<\/strong><\/p>\n\n\n\n<p><strong>Answer: <\/strong>True<\/p>\n\n\n\n<p><strong>4. Ledger is the permanent storehouse of all the transactions.<\/strong><\/p>\n\n\n\n<p><strong>Answer: <\/strong>True<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Short_Answer_Questions\"><strong>Assertion Reason Based Questions<\/strong><\/h4>\n\n\n\n<p>A. Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A).<br>B. Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of Assertion (A).&nbsp;<br>C. Only Assertion (A) is correct.&nbsp;<br>D. Only Reason (R) is correct.<\/p>\n\n\n\n<p>1. Assertion: All the transactions are posted in a systematic manner in ledger accounts. <br>Reason: Ledger is the permanent store house of all the transactions.&nbsp;<\/p>\n\n\n\n<p><strong>Answer:<\/strong> (A)<\/p>\n\n\n\n<p>2. Assertion Ledger helps in classification of recorded transaction and thus lead to easy identification of accounts.&nbsp;<br>Reason: Ledger helps in preparing &#8216;Trading and Profit and Loss Account&#8217; to know the trading result.<\/p>\n\n\n\n<p><strong>Answer:<\/strong> (B)<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Long_Answer_Questions\"><strong>Statement Based Questions<\/strong><\/h4>\n\n\n\n<p><strong>Choose the correct option from the options given below :<\/strong><\/p>\n\n\n\n<p>A. Statement I is true and II is false.&nbsp;<br>B. Statement II is true and I is false.&nbsp;<br>C. Both the statements are false.&nbsp;<br>D. Both the statements are true.<\/p>\n\n\n\n<p>1. Statement I: Balancing of an account is to determine the net effect of all transactions posted to an account.&nbsp;<br>Statement II: The process of determining the difference between the total of debits and total of credits appearing in an account is termed as Balancing of an account.&nbsp;<\/p>\n\n\n\n<p><strong>Answer: <\/strong>&nbsp;(D)<\/p>\n\n\n\n<p>2. Statement I: The transactions are classified under appropriate heads, called ledger accounts.&nbsp;<br>Statement II: The account contain the condensed and summarised record of all the related transactions.<\/p>\n\n\n\n<p><strong>Answer: <\/strong>&nbsp;(D)<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Short_Answer_Type-l_Questions\"><strong>Short Answer Type-l Questions<\/strong><\/h4>\n\n\n\n<p><strong>1. Define Ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: A Ledger is a principal book which contains all the accounts (i.e., Assets, Liabilities, Capital, Revenue, Expenses accounts) to which the transactions recorded in the books of original entry are transferred. Ledger contains most of the information that the businessman wants to get, which is why it is called the &#8220;store house of information.&#8221;<\/p>\n\n\n\n<p><strong>2. Write the classification of Ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The classification of Ledger is as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Debtors Ledger: This ledger contains the accounts of all the customers to whom goods are sold on credit. It is also known as \u201cSales Ledger.\u201d<\/li>\n\n\n\n<li>Creditors Ledger: This ledger contains the accounts of all the suppliers or creditors from whom goods are purchased on credit. It is also known as \u201cPurchases Ledger.\u201d<\/li>\n\n\n\n<li>General Ledger: All other accounts, except debtors and creditors accounts, are maintained in the General Ledger. It is also known as \u201cMain Ledger.\u201d<\/li>\n<\/ul>\n\n\n\n<p><strong>3. Give two advantages of Ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Two advantages of Ledger are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ledger is the storehouse of information because after Journal, all the entries are posted into the Ledger.<\/li>\n\n\n\n<li>Ledger helps in the classification of recorded transactions and thus leads to the easy identification of accounts, such as Personal, Real, Asset, Income, Capital, etc.<\/li>\n<\/ul>\n\n\n\n<p>4. Give the format of Ledger.<\/p>\n\n\n\n<p><strong>5. Explain the meaning of balancing of Ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Balancing of a ledger refers to the process of determining the difference between the total of debits and the total of credits appearing in an account. It signifies the net effect of all transactions posted to that account during a given period. For example, if the total of the credit side is \u20b9 60,000 and that of the debit side is \u20b9 50,000, the difference, i.e., \u20b9 10,000, is written as &#8216;To Balance carried down&#8217; or &#8216;To Balance c\/d&#8217; on the debit side, indicating a credit balance of \u20b9 10,000. Conversely, if the total of the debit side exceeds the credit side, the difference is written as &#8216;By Balance carried down&#8217; or &#8216;By Balance c\/d&#8217; on the credit side, indicating a debit balance.<\/p>\n\n\n\n<p><strong>6. Write two steps of posting the Journal entries into Ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Two steps of posting the Journal entries into Ledger are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Identify the account to be debited in the Ledger and enter the date of the transaction in the &#8216;Date&#8217; column on the debit side of the account. Record the name of the account credited in the Journal in the &#8216;Particulars&#8217; column on the debit side as &#8220;To&#8230;(name of the account credited)&#8230;&#8221;.<\/li>\n\n\n\n<li>Identify the account to be credited in the Ledger and enter the date of the transaction in the &#8216;Date&#8217; column on the credit side of the account. Record the name of the account debited in the Journal in the &#8216;Particulars&#8217; column on the credit side as &#8220;By&#8230;(name of the account debited)&#8230;&#8221;.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Short_Answer_Type-Il_Questions\"><strong>Short Answer Type-Il Questions<\/strong><\/h4>\n\n\n\n<p><strong>1. Define Ledger. Explain its features.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: A Ledger is a principal book which contains all the accounts (i.e., Assets, Liabilities, Capital, Revenue, Expenses accounts) to which the transactions recorded in the books of original entry are transferred. Ledger contains most of the information that the businessman wants to get, which is why it is called the &#8220;Store House of Information.&#8221;<\/p>\n\n\n\n<p>The features of a Ledger are:<\/p>\n\n\n\n<p>(i) It is the principal or primary book of accounts.<br>(ii) The accounts contain the condensed and summarised record of all the related transactions.<br>(iii) The information contained in the ledger account can be used to draw conclusions regarding the status of the account.<br>(iv) It is the basis of preparing the final accounts. Hence, it cannot be avoided.<br>(v) The transactions are classified under appropriate heads, called accounts.<\/p>\n\n\n\n<p><strong>2. Explain the classification of Ledger Accounts.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The classification of Ledger Accounts is as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Debtors Ledger <\/strong>: This ledger contains the accounts of all the customers to whom goods are sold on credit. It is also known as the &#8220;Sales Ledger.&#8221;<\/li>\n\n\n\n<li><strong>Creditors Ledger <\/strong>: This ledger contains the accounts of all the suppliers or creditors from whom goods are purchased on credit. It is also known as the &#8220;Purchases Ledger.&#8221;<\/li>\n\n\n\n<li><strong>General Ledger <\/strong>: All other accounts, except debtors and creditors accounts, are maintained in the General Ledger. It is also referred to as the &#8220;Main Ledger.&#8221;<\/li>\n<\/ul>\n\n\n\n<p><strong>3. What is the balancing of accounts in Ledger? Give example.<\/strong><\/p>\n\n\n\n<p><strong>Answer :<\/strong> The balancing of accounts in Ledger refers to determining the net effect of all transactions posted to an account. It involves finding the difference between the total of debits and the total of credits appearing in an account, which is termed as Balancing of an account. For example, if the total of the credit side is \u20b960,000 and that of the debit side is \u20b950,000, the difference, i.e., \u20b910,000, is written as &#8216;To Balance carried down&#8217; or &#8216;To Balance c\/d&#8217; on the debit side, indicating the account has a credit balance of \u20b910,000. Conversely, if the total of the debit side is \u20b980,000 and that of the credit side is \u20b960,000, the difference, i.e., \u20b920,000, is written as &#8216;By Balance carried down&#8217; or &#8216;To Balance c\/d&#8217; on the credit side, meaning the account has a debit balance of \u20b920,000.<\/p>\n\n\n\n<p><strong>4. Difference between Journal and Ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The differences between Journal and Ledger are as follows:<\/p>\n\n\n\n<p>(i) Nature of Book : Journal is a book of primary entry, whereas Ledger is a book of final entry.<br>(ii) Narration : Narration is provided in Journal entries, but not in Ledger accounts.<br>(iii) Basis : Ledger is prepared on the basis of Journal entries. Trial balance is prepared on the basis of Ledger accounts.<br>(iv) Objective : Journal is prepared to record all transactions in chronological order, while Ledger is prepared to see the net effect of various transactions affecting a particular account.<br>(v) Balancing : Journal is not balanced, whereas all Ledger accounts (except Nominal Accounts) are balanced in the Ledger.<br>(vi) Process : The process of recording entries in Journal is called Journalising, whereas the process of recording entries in Ledger is called Posting.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Long_Answer_Type_Questions\"><strong>Long Answer Type Questions<\/strong><\/h4>\n\n\n\n<p><strong>1. What do you mean by Balancing of an accounts in ledger? Give example.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Balancing of an account in the ledger refers to determining the net effect of all transactions posted to that account. The process involves finding the difference between the total of debits and the total of credits appearing in an account. For example, if the total of the credit side is \u20b9 60,000 and that of the debit side is \u20b9 50,000, the difference, i.e., \u20b9 10,000, is written as &#8216;To Balance carried down&#8217; or &#8216;To Balance c\/d&#8217; on the debit side, indicating that the account has a credit balance of \u20b9 10,000. Conversely, if the total of the debit side is \u20b9 80,000 and that of the credit side is \u20b9 60,000, the difference, i.e., \u20b9 20,000, is written as &#8216;By Balance carried down&#8217; or &#8216;To Balance c\/d&#8217; on the credit side, meaning the account has a debit balance of \u20b9 20,000. Debit balance is then written on the debit side as &#8216;To balance brought down&#8217; or &#8216;To Balance b\/d&#8217;, which becomes the opening balance for the new period, while the credit balance is written on the credit side as &#8216;By Balance brought down&#8217; or &#8216;By Balance b\/d&#8217;, serving as the opening balance for the new period.<\/p>\n\n\n\n<p><strong>2. Explain the meaning of Ledger and Journal. Write the difference between Journal and Ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: A Ledger is a principal book which contains all the accounts (i.e., Assets, Liabilities, Capital, Revenue, Expenses accounts) to which the transactions recorded in the books of original entry are transferred. It is called the storehouse of information because it contains most of the information that the businessman wants to get.<\/p>\n\n\n\n<p>A Journal is a book of original entry where all transactions are recorded date-wise and in chronological order.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th><strong>Points of Distinction<\/strong><\/th><th><strong>Journal<\/strong><\/th><th><strong>Ledger<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>Nature of Book<\/strong><\/td><td>It is a book of primary entry.<\/td><td>It is a book of final entry.<\/td><\/tr><tr><td><strong>Narration<\/strong><\/td><td>Narration is provided in Journal entries.<\/td><td>Narration is not required in Ledger.<\/td><\/tr><tr><td><strong>Basis<\/strong><\/td><td>Ledger is prepared on the basis of Journal.<\/td><td>Trial balance is prepared on the basis of Ledger.<\/td><\/tr><tr><td><strong>Objective<\/strong><\/td><td>It is prepared to record all transactions in chronological order.<\/td><td>It is prepared to see the net effect of various transactions affecting a particular account.<\/td><\/tr><tr><td><strong>Balancing<\/strong><\/td><td>Journal is not balanced.<\/td><td>All Ledger accounts (except Nominal Accounts) are balanced in the Ledger.<\/td><\/tr><tr><td><strong>Process<\/strong><\/td><td>The process of recording entries in Journal is called Journalising.<\/td><td>The process of recording entries in Ledger is called Posting.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Practical_Questions\">Practical Problems<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Questions\"><strong>Questions<\/strong><\/h4>\n\n\n\n<p><strong>1. Pass Journal Entries for the following transactions and post them into Ledger:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><\/td><td>April 2023<\/td><td><\/td><\/tr><tr><td><\/td><td>1<\/td><td>Manu commenced business with cash 2,50,000<\/td><\/tr><tr><td><\/td><td>3<\/td><td>Purchased office furniture for cash 25,000<\/td><\/tr><tr><td><\/td><td>5<\/td><td>Purchased goods for cash 60,000<\/td><\/tr><tr><td><\/td><td>8<\/td><td>Purchased goods &#8211; from Mukul Trading Co. 24,000<\/td><\/tr><tr><td><\/td><td><\/td><td>&#8211; from Sohan Garments 15,000<\/td><\/tr><tr><td><\/td><td>10<\/td><td>Returned goods to Mukul Trading Co. 4,000<\/td><\/tr><tr><td><\/td><td>12<\/td><td>Paid cash to Mukul Trading Co. in full settlement of their account, after deducting 5% cash discount<\/td><\/tr><tr><td><\/td><td>15<\/td><td>Sold goods for cash 50,000<\/td><\/tr><tr><td><\/td><td>18<\/td><td>Sold goods to Honda Limited, less 10% Trade Discount 40,000<\/td><\/tr><tr><td><\/td><td>20<\/td><td>Manu withdrew from business for his personal use- Cash 20,000<\/td><\/tr><tr><td><\/td><td><\/td><td>Goods 8,000<\/td><\/tr><tr><td><\/td><td>21<\/td><td>Paid to Sohan Garments 6,900<\/td><\/tr><tr><td><\/td><td><\/td><td>Discount received 100<\/td><\/tr><tr><td><\/td><td>22<\/td><td>Received from Honda Limited 11,750<\/td><\/tr><tr><td><\/td><td><\/td><td>Discount allowed 250<\/td><\/tr><tr><td><\/td><td>25<\/td><td>Sold goods to Ramchander Ltd. for cash 10,000<\/td><\/tr><tr><td><\/td><td>28<\/td><td>Purchased goods from Pankaj Brothers 25,000<\/td><\/tr><tr><td><\/td><td>30<\/td><td>Paid for Rent \u20b9 3,000 and Salaries \u20b9 5,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Solution<\/strong>: <a href=\"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/ledger-accounts-nbse-class-9-book-keeping\/#Solutions\">Check below<\/a><\/p>\n\n\n\n<p><strong>2. The following balances appeared in the Ledger of M\/s Stones Traders on 1st April 2015.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td>Cash in hand<\/td><td>7,000;<\/td><td>Cash at Bank<\/td><td>15,000;<\/td><td>Bills Receivable<\/td><td>7,500;<\/td><\/tr><tr><td>Mukesh (Cr.)<\/td><td>2,000;<\/td><td>Stock (Goods)<\/td><td>6,500;<\/td><td>Bills Payable<\/td><td>2,500;<\/td><\/tr><tr><td>Rajiv (Dr.)<\/td><td>8,500;<\/td><td>Hanish (Dr.)<\/td><td>14,000.<\/td><td><\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Transactions during the month were:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">April<\/th><th><\/th><th><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td>Goods sold to Mohan<\/td><td>2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td>Purchased goods from Mukesh<\/td><td>9,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td>Received cash from Rajiv in full settlement<\/td><td>8,200<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td>Cash received from Hanish on account<\/td><td>5,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">6<\/td><td>Paid to Mukesh by cheque<\/td><td>7,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">8<\/td><td>Rent paid by cheque<\/td><td>1,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">10<\/td><td>Cash received from Mohan<\/td><td>2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">12<\/td><td>Cash sales<\/td><td>7,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">14<\/td><td>Goods returned to Mukesh<\/td><td>1,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">15<\/td><td>Cash paid to Mukesh in full settlement (Discount received \u20b9 200)<\/td><td>2,800<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">18<\/td><td>Goods sold to Karan<\/td><td>12,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">20<\/td><td>Paid trade expenses<\/td><td>300<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">21<\/td><td>Drew for personal use<\/td><td>2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">22<\/td><td>Goods returned from Karan<\/td><td>1,300<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">24<\/td><td>Cash received from Karan<\/td><td>8,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">26<\/td><td>Paid for stationery<\/td><td>150<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">27<\/td><td>Postage charges<\/td><td>50<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">28<\/td><td>Salary Paid<\/td><td>2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">29<\/td><td>Goods purchased from Sita Traders<\/td><td>9,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">30<\/td><td>Sold goods to Kanika<\/td><td>5,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">30<\/td><td>Goods purchased from Sonu Traders<\/td><td>4,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Solution<\/strong>: <a href=\"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/ledger-accounts-nbse-class-9-book-keeping\/#Solutions\">Check below<\/a><\/p>\n\n\n\n<p><strong>3. From the following particulars, prepare simple cash book, balance it and post it into ledger:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">2020<\/th><th><\/th><th><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 1<\/td><td>Cash in hand<\/td><td>9,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 2<\/td><td>Bought goods<\/td><td>4,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 3<\/td><td>Paid to Kartar<\/td><td>500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 4<\/td><td>Cash sales<\/td><td>2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 5<\/td><td>Cash sales<\/td><td>3,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 6<\/td><td>Bought goods on credit from Surjeet<\/td><td>3,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 6<\/td><td>Paid carriage<\/td><td>60<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 8<\/td><td>Paid stationery<\/td><td>100<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 10<\/td><td>Paid to Surjeet<\/td><td>3,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 15<\/td><td>Paid travelling expenses<\/td><td>100<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 16<\/td><td>Sold goods on credit to Sudhakar<\/td><td>1,600<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 18<\/td><td>Purchased furniture<\/td><td>2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 20<\/td><td>Received from Sudhakar<\/td><td>1,600<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 25<\/td><td>Purchased typewriter<\/td><td>5,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 27<\/td><td>Paid to Kanwal<\/td><td>2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 29<\/td><td>Received from Hazrat<\/td><td>2,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 31<\/td><td>Paid wages<\/td><td>500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Dec. 31<\/td><td>Withdrew for personal use<\/td><td>300<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Hints<\/strong>: Credit transactions dated 6th and 16th are not to be recorded in cash book. These should be entered in respective subsidiary books.<\/p>\n\n\n\n<p><strong>Solution<\/strong>: <a href=\"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/ledger-accounts-nbse-class-9-book-keeping\/#Solutions\">Check below<\/a><\/p>\n\n\n\n<p><strong>4. Enter the following transactions in Purchases Book and post it into Ledger:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td>2023<\/td><td><\/td><\/tr><tr><td>January 5<\/td><td>Bought goods from Rahul Bajaj on credit for \u20b920,000.<\/td><\/tr><tr><td>January 13<\/td><td>Purchased goods from Ganesh Industries on credit of the list price of \u20b915,000 less 20% trade discount.<\/td><\/tr><tr><td>January 18<\/td><td>Purchased Furniture for \u20b96,000 for office use.<\/td><\/tr><tr><td>January 28<\/td><td>Purchased goods from Vijay Modi for \u20b912,000 at 12\u00bd% discount.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Solution<\/strong>: Check below<\/p>\n\n\n\n<p><strong>5. Enter the following transactions into a Sales Book and post it into Ledger:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td>2023<\/td><td><\/td><\/tr><tr><td>January 6<\/td><td>Sold goods to Shankar Lal on credit for \u20b920,000 at 12% discount.<\/td><\/tr><tr><td>January 12<\/td><td>Arun Birla purchased goods from us for \u20b98,000 on credit.<\/td><\/tr><tr><td>January 16<\/td><td>Sold goods for cash to Han Ram for \u20b96,000.<\/td><\/tr><tr><td>January 27<\/td><td>Sold goods to Navdip of the list price of \u20b930,000 at trade discount of 10%.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Solution<\/strong>: <a href=\"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/ledger-accounts-nbse-class-9-book-keeping\/#Solutions\">Check below<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Solutions\"><strong>Solutions<\/strong><\/h4>\n\n\n\n<div class=\"wp-block-group alignwide\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p><strong>1. Solution<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Journal Entries<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Debit (\u20b9)<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Credit (\u20b9)<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 1<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">2,50,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Capital A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,50,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being business commenced with cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 3<\/td><td class=\"has-text-align-left\" data-align=\"left\">Furniture A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">25,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">25,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being office furniture purchased for cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 5<\/td><td class=\"has-text-align-left\" data-align=\"left\">Purchases A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">60,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">60,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods purchased for cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 8<\/td><td class=\"has-text-align-left\" data-align=\"left\">Purchases A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">24,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Mukul Trading Co. A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">24,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods purchased on credit from Mukul Trading Co.)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 8<\/td><td class=\"has-text-align-left\" data-align=\"left\">Purchases A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">15,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sohan Garments A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">15,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods purchased on credit from Sohan Garments)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 10<\/td><td class=\"has-text-align-left\" data-align=\"left\">Mukul Trading Co. A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">4,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Purchases A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">4,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods returned to Mukul Trading Co.)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 12<\/td><td class=\"has-text-align-left\" data-align=\"left\">Mukul Trading Co. A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">20,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">19,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Discount Received A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">1,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being full settlement of Mukul Trading Co.\u2019s account after 5% discount)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 15<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">50,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sales A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">50,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods sold for cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 18<\/td><td class=\"has-text-align-left\" data-align=\"left\">Honda Limited A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">36,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sales A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">36,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods sold to Honda Limited at 10% discount)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 20<\/td><td class=\"has-text-align-left\" data-align=\"left\">Drawings A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">28,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">20,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Purchases A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">8,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being cash and goods withdrawn for personal use)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 21<\/td><td class=\"has-text-align-left\" data-align=\"left\">Sohan Garments A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">6,900<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Discount Received A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">100<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being payment made to Sohan Garments with discount)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 22<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">11,750<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Discount Allowed A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">250<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Honda Limited A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">12,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being payment received from Honda Limited after discount)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 25<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">10,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sales A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">10,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods sold for cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 28<\/td><td class=\"has-text-align-left\" data-align=\"left\">Purchases A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">25,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Pankaj Brothers A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">25,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods purchased on credit)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 30<\/td><td class=\"has-text-align-left\" data-align=\"left\">Rent A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">3,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Salaries A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">5,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">8,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being rent and salaries paid)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>5,74,000<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>5,74,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Cash Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 1<\/td><td>To Capital A\/c<\/td><td><\/td><td>2,50,000<\/td><td>Apr 3<\/td><td>By Furniture A\/c<\/td><td><\/td><td>25,000<\/td><\/tr><tr><td>Apr 15<\/td><td>To Sales A\/c<\/td><td><\/td><td>50,000<\/td><td>Apr 5<\/td><td>By Purchases A\/c<\/td><td><\/td><td>60,000<\/td><\/tr><tr><td>Apr 22<\/td><td>To Honda Limited A\/c<\/td><td><\/td><td>11,750<\/td><td>Apr 12<\/td><td>By Mukul Trading Co. A\/c<\/td><td><\/td><td>19,000<\/td><\/tr><tr><td>Apr 25<\/td><td>To Sales A\/c<\/td><td><\/td><td>10,000<\/td><td>Apr 20<\/td><td>By Drawings A\/c<\/td><td><\/td><td>20,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 21<\/td><td>By Sohan Garments A\/c<\/td><td><\/td><td>6,900<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 30<\/td><td>By Rent A\/c<\/td><td><\/td><td>3,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 30<\/td><td>By Salaries A\/c<\/td><td><\/td><td>5,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>1,82,850<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>3,21,750<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>3,21,750<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Capital Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>2,50,000<\/td><td>Apr 1<\/td><td>By Cash A\/c<\/td><td><\/td><td>2,50,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>2,50,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>2,50,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Furniture Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 3<\/td><td>To Cash A\/c<\/td><td><\/td><td>25,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>25,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>25,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>25,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Purchases Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 5<\/td><td>To Cash A\/c<\/td><td><\/td><td>60,000<\/td><td>Apr 10<\/td><td>By Mukul Trading Co. A\/c<\/td><td><\/td><td>4,000<\/td><\/tr><tr><td>Apr 8<\/td><td>To Mukul Trading Co. A\/c<\/td><td><\/td><td>24,000<\/td><td>Apr 20<\/td><td>By Drawings A\/c<\/td><td><\/td><td>8,000<\/td><\/tr><tr><td>Apr 8<\/td><td>To Sohan Garments A\/c<\/td><td><\/td><td>15,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>1,12,000<\/td><\/tr><tr><td>Apr 28<\/td><td>To Pankaj Brothers A\/c<\/td><td><\/td><td>25,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>1,24,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>1,24,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Mukul Trading Co. Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 10<\/td><td>To Purchases A\/c<\/td><td><\/td><td>4,000<\/td><td>Apr 8<\/td><td>By Purchases A\/c<\/td><td><\/td><td>24,000<\/td><\/tr><tr><td>Apr 12<\/td><td>To Cash A\/c<\/td><td><\/td><td>19,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Apr 12<\/td><td>To Discount Received A\/c<\/td><td><\/td><td>1,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>24,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>24,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sohan Garments Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 21<\/td><td>To Cash A\/c<\/td><td><\/td><td>6,900<\/td><td>Apr 8<\/td><td>By Purchases A\/c<\/td><td><\/td><td>15,000<\/td><\/tr><tr><td>Apr 21<\/td><td>To Discount Received A\/c<\/td><td><\/td><td>100<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>8,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>15,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>15,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Discount Received Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>1,100<\/td><td>Apr 12<\/td><td>By Mukul Trading Co. A\/c<\/td><td><\/td><td>1,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 21<\/td><td>By Sohan Garments A\/c<\/td><td><\/td><td>100<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>1,100<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>1,100<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sales Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>96,000<\/td><td>Apr 15<\/td><td>By Cash A\/c<\/td><td><\/td><td>50,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 18<\/td><td>By Honda Limited A\/c<\/td><td><\/td><td>36,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 25<\/td><td>By Cash A\/c<\/td><td><\/td><td>10,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>96,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>96,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Honda Limited Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 18<\/td><td>To Sales A\/c<\/td><td><\/td><td>36,000<\/td><td>Apr 22<\/td><td>By Cash A\/c<\/td><td><\/td><td>11,750<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 22<\/td><td>By Discount Allowed A\/c<\/td><td><\/td><td>250<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>24,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>36,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>36,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Drawings Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 20<\/td><td>To Cash A\/c<\/td><td><\/td><td>20,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>28,000<\/td><\/tr><tr><td>Apr 20<\/td><td>To Purchases A\/c<\/td><td><\/td><td>8,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>28,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>28,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Discount Allowed Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 22<\/td><td>To Honda Limited A\/c<\/td><td><\/td><td>250<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>250<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>250<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>250<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Pankaj Brothers Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>25,000<\/td><td>Apr 28<\/td><td>By Purchases A\/c<\/td><td><\/td><td>25,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>25,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>25,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Rent Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Cash A\/c<\/td><td><\/td><td>3,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>3,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>3,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>3,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Salaries Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Cash A\/c<\/td><td><\/td><td>5,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>5,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>5,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>5,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>2. Solution<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Journal Entries In the books of M\/s Stones Traders<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Debit (\u20b9)<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Credit (\u20b9)<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 1<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Bank A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">15,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Bills Receivable A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">7,500<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Stock A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">6,500<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Rajiv A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">8,500<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Hanish A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">14,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Mukesh A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Bills Payable A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Capital A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">54,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being opening balances brought forward)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 1<\/td><td class=\"has-text-align-left\" data-align=\"left\">Mohan A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sales A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods sold to Mohan on credit)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 2<\/td><td class=\"has-text-align-left\" data-align=\"left\">Purchases A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">9,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Mukesh A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">9,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods purchased from Mukesh on credit)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 3<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">8,200<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Discount Allowed A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">300<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Rajiv A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">8,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being cash received from Rajiv in full settlement with discount)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 5<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">5,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Hanish A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">5,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being cash received from Hanish on account)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 6<\/td><td class=\"has-text-align-left\" data-align=\"left\">Mukesh A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Bank A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being payment made to Mukesh by cheque)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 8<\/td><td class=\"has-text-align-left\" data-align=\"left\">Rent A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">1,500<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Bank A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">1,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being rent paid by cheque)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 10<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Mohan A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being cash received from Mohan)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 12<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sales A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being cash sales)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 14<\/td><td class=\"has-text-align-left\" data-align=\"left\">Mukesh A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">1,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Purchases Return A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">1,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods returned to Mukesh)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 15<\/td><td class=\"has-text-align-left\" data-align=\"left\">Mukesh A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">3,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,800<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Discount Received A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">200<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being cash paid to Mukesh in full settlement with discount received)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 18<\/td><td class=\"has-text-align-left\" data-align=\"left\">Karan A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">12,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sales A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">12,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods sold to Karan on credit)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 20<\/td><td class=\"has-text-align-left\" data-align=\"left\">Trade Expenses A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">300<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">300<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being trade expenses paid in cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 21<\/td><td class=\"has-text-align-left\" data-align=\"left\">Drawings A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being cash withdrawn for personal use)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 22<\/td><td class=\"has-text-align-left\" data-align=\"left\">Sales Return A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">1,300<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Karan A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">1,300<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods returned by Karan)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 24<\/td><td class=\"has-text-align-left\" data-align=\"left\">Cash A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">8,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Karan A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">8,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being cash received from Karan)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 26<\/td><td class=\"has-text-align-left\" data-align=\"left\">Stationery A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">150<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">150<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being stationery expenses paid in cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 27<\/td><td class=\"has-text-align-left\" data-align=\"left\">Postage A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">50<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">50<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being postage charges paid in cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 28<\/td><td class=\"has-text-align-left\" data-align=\"left\">Salary A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Cash A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being salary paid in cash)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 29<\/td><td class=\"has-text-align-left\" data-align=\"left\">Purchases A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">9,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sita Traders A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">9,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods purchased from Sita Traders on credit)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 30<\/td><td class=\"has-text-align-left\" data-align=\"left\">Kanika A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">5,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sales A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">5,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods sold to Kanika on credit)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 30<\/td><td class=\"has-text-align-left\" data-align=\"left\">Purchases A\/c Dr.<\/td><td class=\"has-text-align-left\" data-align=\"left\">4,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sonu Traders A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">4,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><em>(Being goods purchased from Sonu Traders on credit)<\/em><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>1,48,300<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>1,48,300<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Cash Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>L.F.<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>\u20b9 (Dr.)<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>L.F.<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>\u20b9 (Cr.)<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 1<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Balance b\/d<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 15<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Mukesh A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,800<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 3<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Rajiv A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">8,200<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 20<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Trade Expenses A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">300<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 5<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Hanish A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">5,000<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 21<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Drawings A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 10<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Mohan A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 26<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Stationery A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">150<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 12<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Sales A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 27<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Postage A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">50<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 24<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Karan A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">8,000<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 28<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Salary A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">2,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 30<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Balance c\/d<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">29,900<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>37,200<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>37,200<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Bank Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>L.F.<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>\u20b9 (Dr.)<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>L.F.<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>\u20b9 (Cr.)<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 1<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Balance b\/d<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">15,000<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 6<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Mukesh A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">7,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 8<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Rent A\/c<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">1,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 30<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Balance c\/d<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">6,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>15,000<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>15,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Bills Receivable Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>L.F.<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>\u20b9 (Dr.)<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>L.F.<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>\u20b9 (Cr.)<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 1<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Balance b\/d<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">7,500<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 30<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Balance c\/d<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">7,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>7,500<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>7,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Stock Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>L.F.<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>\u20b9 (Dr.)<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Particulars<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>L.F.<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>\u20b9 (Cr.)<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Apr 1<\/td><td class=\"has-text-align-left\" data-align=\"left\">To Balance b\/d<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">6,500<\/td><td class=\"has-text-align-left\" data-align=\"left\">Apr 30<\/td><td class=\"has-text-align-left\" data-align=\"left\">By Balance c\/d<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">6,500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>6,500<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>6,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Rajiv Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 1<\/td><td>To Balance b\/d<\/td><td><\/td><td>8,500<\/td><td>Apr 3<\/td><td>By Cash A\/c<\/td><td><\/td><td>8,200<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 3<\/td><td>By Discount Allowed A\/c<\/td><td><\/td><td>300<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>8,500<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>8,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Hanish Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 1<\/td><td>To Balance b\/d<\/td><td><\/td><td>14,000<\/td><td>Apr 5<\/td><td>By Cash A\/c<\/td><td><\/td><td>5,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>9,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>14,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>14,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Mukesh Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 6<\/td><td>To Bank A\/c<\/td><td><\/td><td>7,000<\/td><td>Apr 1<\/td><td>By Balance b\/d<\/td><td><\/td><td>2,000<\/td><\/tr><tr><td>Apr 14<\/td><td>To Purchases Return A\/c<\/td><td><\/td><td>1,000<\/td><td>Apr 2<\/td><td>By Purchases A\/c<\/td><td><\/td><td>9,000<\/td><\/tr><tr><td>Apr 15<\/td><td>To Cash A\/c<\/td><td><\/td><td>2,800<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Apr 15<\/td><td>To Discount Received A\/c<\/td><td><\/td><td>200<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>11,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>11,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Bills Payable Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>2,500<\/td><td>Apr 1<\/td><td>By Balance b\/d<\/td><td><\/td><td>2,500<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>2,500<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>2,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Capital Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>54,000<\/td><td>Apr 1<\/td><td>By Balance b\/d<\/td><td><\/td><td>54,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>54,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>54,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Mohan Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 1<\/td><td>To Sales A\/c<\/td><td><\/td><td>2,000<\/td><td>Apr 10<\/td><td>By Cash A\/c<\/td><td><\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sales Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>26,000<\/td><td>Apr 1<\/td><td>By Mohan A\/c<\/td><td><\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 12<\/td><td>By Cash A\/c<\/td><td><\/td><td>7,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 18<\/td><td>By Karan A\/c<\/td><td><\/td><td>12,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 30<\/td><td>By Kanika A\/c<\/td><td><\/td><td>5,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>26,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>26,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Purchases Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 2<\/td><td>To Mukesh A\/c<\/td><td><\/td><td>9,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>22,000<\/td><\/tr><tr><td>Apr 29<\/td><td>To Sita Traders A\/c<\/td><td><\/td><td>9,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Apr 30<\/td><td>To Sonu Traders A\/c<\/td><td><\/td><td>4,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>22,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>22,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Discount Allowed Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 3<\/td><td>To Rajiv A\/c<\/td><td><\/td><td>300<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>300<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>300<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>300<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Rent Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 8<\/td><td>To Bank A\/c<\/td><td><\/td><td>1,500<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>1,500<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>1,500<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>1,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Purchases Return Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>1,000<\/td><td>Apr 14<\/td><td>By Mukesh A\/c<\/td><td><\/td><td>1,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>1,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>1,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Discount Received Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>200<\/td><td>Apr 15<\/td><td>By Mukesh A\/c<\/td><td><\/td><td>200<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>200<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>200<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Karan Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 18<\/td><td>To Sales A\/c<\/td><td><\/td><td>12,000<\/td><td>Apr 22<\/td><td>By Sales Return A\/c<\/td><td><\/td><td>1,300<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 24<\/td><td>By Cash A\/c<\/td><td><\/td><td>8,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>2,700<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>12,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>12,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Trade Expenses Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 20<\/td><td>To Cash A\/c<\/td><td><\/td><td>300<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>300<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>300<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>300<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Drawings Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 21<\/td><td>To Cash A\/c<\/td><td><\/td><td>2,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sales Return Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 22<\/td><td>To Karan A\/c<\/td><td><\/td><td>1,300<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>1,300<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>1,300<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>1,300<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Stationery Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 26<\/td><td>To Cash A\/c<\/td><td><\/td><td>150<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>150<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>150<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>150<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Postage Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 27<\/td><td>To Cash A\/c<\/td><td><\/td><td>50<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>50<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>50<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>50<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Salary Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 28<\/td><td>To Cash A\/c<\/td><td><\/td><td>2,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sita Traders Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>9,000<\/td><td>Apr 29<\/td><td>By Purchases A\/c<\/td><td><\/td><td>9,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>9,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>9,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Kanika Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Sales A\/c<\/td><td><\/td><td>5,000<\/td><td>Apr 30<\/td><td>By Balance c\/d<\/td><td><\/td><td>5,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>5,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>5,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sonu Traders Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Apr 30<\/td><td>To Balance c\/d<\/td><td><\/td><td>4,000<\/td><td>Apr 30<\/td><td>By Purchases A\/c<\/td><td><\/td><td>4,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>4,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>4,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>3. Solution<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Cash Book<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 1<\/td><td>To Capital A\/c (Cash in hand)<\/td><td><\/td><td>9,500<\/td><td>Dec 2<\/td><td>By Purchases A\/c<\/td><td><\/td><td>4,000<\/td><\/tr><tr><td>Dec 4<\/td><td>To Sales A\/c<\/td><td><\/td><td>2,000<\/td><td>Dec 3<\/td><td>By Kartar A\/c<\/td><td><\/td><td>500<\/td><\/tr><tr><td>Dec 5<\/td><td>To Sales A\/c<\/td><td><\/td><td>3,000<\/td><td>Dec 6<\/td><td>By Carriage A\/c<\/td><td><\/td><td>60<\/td><\/tr><tr><td>Dec 20<\/td><td>To Sudhakar A\/c<\/td><td><\/td><td>1,600<\/td><td>Dec 8<\/td><td>By Stationery A\/c<\/td><td><\/td><td>100<\/td><\/tr><tr><td>Dec 29<\/td><td>To Hazrat A\/c<\/td><td><\/td><td>2,500<\/td><td>Dec 10<\/td><td>By Surjeet A\/c<\/td><td><\/td><td>3,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Dec 15<\/td><td>By Travelling Expenses A\/c<\/td><td><\/td><td>100<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Dec 18<\/td><td>By Furniture A\/c<\/td><td><\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Dec 25<\/td><td>By Typewriter A\/c<\/td><td><\/td><td>5,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Dec 27<\/td><td>By Kanwal A\/c<\/td><td><\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Dec 31<\/td><td>By Wages A\/c<\/td><td><\/td><td>500<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Dec 31<\/td><td>By Drawings A\/c<\/td><td><\/td><td>300<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td><\/td><td>1,040<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>18,600<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>18,600<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Purchases Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 2<\/td><td>To Cash A\/c<\/td><td>4,000<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>7,000<\/td><\/tr><tr><td>Dec 6<\/td><td>To Surjeet A\/c (Credit)<\/td><td>3,000<\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><strong>7,000<\/strong><\/td><td><\/td><td><\/td><td><strong>7,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sales Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 31<\/td><td>To Balance c\/d<\/td><td>6,600<\/td><td>Dec 4<\/td><td>By Cash A\/c<\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td>Dec 5<\/td><td>By Cash A\/c<\/td><td>3,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td>Dec 16<\/td><td>By Sudhakar A\/c (Credit)<\/td><td>1,600<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>6,600<\/strong><\/td><td><\/td><td><\/td><td><strong>6,600<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Kartar Accoun<\/strong>t<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 3<\/td><td>To Cash A\/c<\/td><td>500<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>500<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>500<\/strong><\/td><td><\/td><td><\/td><td><strong>500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Surjeet Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 10<\/td><td>To Cash A\/c<\/td><td>3,000<\/td><td>Dec 6<\/td><td>By Purchases A\/c<\/td><td>3,000<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>3,000<\/strong><\/td><td><\/td><td><\/td><td><strong>3,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Carriage Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 6<\/td><td>To Cash A\/c<\/td><td>60<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>60<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>60<\/strong><\/td><td><\/td><td><\/td><td><strong>60<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Stationery Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 8<\/td><td>To Cash A\/c<\/td><td>100<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>100<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>100<\/strong><\/td><td><\/td><td><\/td><td><strong>100<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Travelling Expenses Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 15<\/td><td>To Cash A\/c<\/td><td>100<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>100<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>100<\/strong><\/td><td><\/td><td><\/td><td><strong>100<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Furniture Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 18<\/td><td>To Cash A\/c<\/td><td>2,000<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Typewriter Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 25<\/td><td>To Cash A\/c<\/td><td>5,000<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>5,000<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>5,000<\/strong><\/td><td><\/td><td><\/td><td><strong>5,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Kanwal Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 27<\/td><td>To Cash A\/c<\/td><td>2,000<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>2,000<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><td><\/td><td><\/td><td><strong>2,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Wages Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 31<\/td><td>To Cash A\/c<\/td><td>500<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>500<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>500<\/strong><\/td><td><\/td><td><\/td><td><strong>500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Drawings Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 31<\/td><td>To Cash A\/c<\/td><td>300<\/td><td>Dec 31<\/td><td>By Balance c\/d<\/td><td>300<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>300<\/strong><\/td><td><\/td><td><\/td><td><strong>300<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sudhakar Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 16<\/td><td>To Sales A\/c<\/td><td>1,600<\/td><td>Dec 20<\/td><td>By Cash A\/c<\/td><td>1,600<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>1,600<\/strong><\/td><td><\/td><td><\/td><td><strong>1,600<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Hazrat Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Dr)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>\u20b9 (Cr)<\/strong><\/td><\/tr><tr><td>Dec 31<\/td><td>To Balance c\/d<\/td><td>2,500<\/td><td>Dec 29<\/td><td>By Cash A\/c<\/td><td>2,500<\/td><\/tr><tr><td><\/td><td><\/td><td><strong>2,500<\/strong><\/td><td><\/td><td><\/td><td><strong>2,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>4. Solution<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Purchases Book of M\/s. Sanjay &amp; Co. for January 2023<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-background\" style=\"background-color:#fefefe\"><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Date<\/th><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-left\" data-align=\"left\">L.F.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Dr. (\u20b9)<\/th><th class=\"has-text-align-left\" data-align=\"left\">Cr. (\u20b9)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">2023<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Jan. 5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><span style=\"text-decoration: underline;\"><strong>Rahul Bajaj<\/strong><\/span><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Bought goods on credit<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><span style=\"text-decoration: underline;\">20,000<\/span><\/td><td class=\"has-text-align-left\" data-align=\"left\">20,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Jan. 13<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong><span style=\"text-decoration: underline;\">Ganesh Industries<\/span><\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Goods of list price \u20b915,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">15,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Less: Trade Discount @ 20%<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><span style=\"text-decoration: underline;\">3,000<\/span><\/td><td class=\"has-text-align-left\" data-align=\"left\">12,000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Jan. 28<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong><span style=\"text-decoration: underline;\">Vijay Modi<\/span><\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Goods of list price \u20b912,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">12,000<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\">Less: Trade Discount @ 12\u00bd%<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><span style=\"text-decoration: underline;\">1,500<\/span><\/td><td class=\"has-text-align-left\" data-align=\"left\"><span style=\"text-decoration: underline;\">10,500<\/span><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Purchases A\/c<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>42,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Purchases Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Jan 5<\/td><td>Rahul Bajaj A\/c<\/td><td><\/td><td>20,000<\/td><td>Jan 31<\/td><td>Balance c\/d<\/td><td><\/td><td>42,500<\/td><\/tr><tr><td>Jan 13<\/td><td>Ganesh Industries A\/c<\/td><td><\/td><td>12,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Jan 28<\/td><td>Vijay Modi A\/c<\/td><td><\/td><td>10,500<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>42,500<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>42,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Rahul Bajaj Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Jan 5<\/td><td>Purchases A\/c<\/td><td><\/td><td>20,000<\/td><\/tr><tr><td>Jan 31<\/td><td>Balance c\/d<\/td><td><\/td><td>20,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>20,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>20,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Ganesh Industries Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Jan 13<\/td><td>Purchases A\/c<\/td><td><\/td><td>12,000<\/td><\/tr><tr><td>Jan 31<\/td><td>Balance c\/d<\/td><td><\/td><td>12,000<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>12,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>12,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Vijay Modi Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Jan 28<\/td><td>Purchases A\/c<\/td><td><\/td><td>10,500<\/td><\/tr><tr><td>Jan 31<\/td><td>Balance c\/d<\/td><td><\/td><td>10,500<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>10,500<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>10,500<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>5. Solution<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sales Book of M\/s. Aamir &amp; Sons<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>Dr. (\u20b9)<\/strong><\/td><td><strong>Cr. (\u20b9)<\/strong><\/td><\/tr><tr><td>2023<\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Jan. 6<\/td><td><strong><span style=\"text-decoration: underline;\">Shankar Lal<\/span><\/strong><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td>Goods of list price \u20b920,000<\/td><td><\/td><td>20,000<\/td><td><\/td><\/tr><tr><td><\/td><td>Less: Trade Discount @ 12%<\/td><td><\/td><td><span style=\"text-decoration: underline;\">2,400<\/span><\/td><td>17,600<\/td><\/tr><tr><td>Jan. 12<\/td><td><strong><span style=\"text-decoration: underline;\">Arun Birla<\/span><\/strong><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td>Goods sold on credit<\/td><td><\/td><td><span style=\"text-decoration: underline;\">8,000<\/span><\/td><td>8,000<\/td><\/tr><tr><td>Jan. 27<\/td><td><strong><span style=\"text-decoration: underline;\">Navdip<\/span><\/strong><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><\/td><td>Goods of list price \u20b930,000<\/td><td><\/td><td>30,000<\/td><td><\/td><\/tr><tr><td><\/td><td>Less: Trade Discount @ 10%<\/td><td><\/td><td><span style=\"text-decoration: underline;\">3,000<\/span><\/td><td><span style=\"text-decoration: underline;\">27,000<\/span><\/td><\/tr><tr><td><\/td><td><strong>Sales A\/c<\/strong><\/td><td><\/td><td><\/td><td><strong>52,600<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Sales Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Jan 6<\/td><td>Shankar Lal A\/c<\/td><td><\/td><td>17,600<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><td>Jan 12<\/td><td>Arun Birla A\/c<\/td><td><\/td><td>8,000<\/td><\/tr><tr><td>Jan 31<\/td><td>Balance c\/d<\/td><td><\/td><td>52,600<\/td><td>Jan 27<\/td><td>Navdip A\/c<\/td><td><\/td><td>27,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>52,600<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>52,600<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Shankar Lal Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Jan 6<\/td><td>Sales A\/c<\/td><td><\/td><td>17,600<\/td><td>Jan 31<\/td><td>Balance c\/d<\/td><td><\/td><td>17,600<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>17,600<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>17,600<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Arun Birla Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Jan 12<\/td><td>Sales A\/c<\/td><td><\/td><td>8,000<\/td><td>Jan 31<\/td><td>Balance c\/d<\/td><td><\/td><td>8,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>8,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>8,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Navdip Account<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Dr.)<\/strong><\/td><td><strong>Date<\/strong><\/td><td><strong>Particulars<\/strong><\/td><td><strong>L.F.<\/strong><\/td><td><strong>\u20b9 (Cr.)<\/strong><\/td><\/tr><tr><td>Jan 27<\/td><td>Sales A\/c<\/td><td><\/td><td>27,000<\/td><td>Jan 31<\/td><td>Balance c\/d<\/td><td><\/td><td>27,000<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><strong>27,000<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><strong>27,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Extra_questions_and_answers\"><strong>Extras<\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Extra_questions_and_answers\"><strong>Additional questions and answers<\/strong><\/h4>\n\n\n\n<p><strong>1. Define ledger?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: A Ledger is a principal book which contains all the accounts (i.e., Assets, Liabilities, Capital, Revenue, Expenses accounts) to which the transactions recorded in the books of original entry are transferred.<\/p>\n\n\n\n\n\n<p><strong>Q. Why is ledger called the &#8216;store house of information&#8217;?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Ledger is called the &#8216;store house of information&#8217; because it contains most of the information that the businessman wants to get.<\/p>\n\n\n\n<p><strong>Q. What is meant by posting?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Posting is the process of classifying the transactions account-wise and recording them in the ledger from the journal or subsidiary books.<\/p>\n\n\n\n<p><strong>Q. What is a single-column cash book?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: A single-column cash book is a type of subsidiary book that records all cash transactions, both receipts and payments, in a single column format. It serves the purpose of maintaining a systematic record of cash inflows and outflows.<\/p>\n\n\n\n<p><strong>Q. Define &#8216;folio&#8217; in ledger accounts?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Folio refers to the page number of the Journal or Subsidiary Book from which a particular entry is transferred, as recorded in the Folio (J.F.) column of the ledger account.<\/p>\n\n\n\n<p><strong>Q. What is the purpose of a sales book?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The purpose of a sales book is to record credit sales of goods made to parties or persons. These parties are the receivers of goods, and posting is done on the debit side of their accounts by writing &#8220;To Sales A\/c.&#8221; It helps maintain a record of all credit sales transactions for the preparation of accounts.<\/p>\n\n\n\n<p><strong>Q. What is a purchases book?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: A purchases book is a subsidiary book prepared to record credit purchases of goods made from persons or parties. These parties are the givers of goods, and posting is done on the credit side of their accounts by writing &#8220;By Purchases A\/c.&#8221; It helps maintain a record of all credit purchases transactions for accounting purposes.<\/p>\n\n\n\n<p><strong>Q. Explain the features of a ledger.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The features of a ledger are: <\/p>\n\n\n\n<p>(i) It is the principal or primary book of accounts. <br>(ii) The accounts contain the condensed and summarised record of all the related transactions. <br>(iii) The information contained in the ledger account can be used to draw conclusions regarding the status of the account. <br>(iv) It is the basis of preparing the final accounts and hence, it cannot be avoided. <br>(v) The transactions are classified under appropriate heads, called accounts.<\/p>\n\n\n\n<p><strong>Q. What are the advantages of maintaining a ledger?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The advantages of maintaining a ledger are:<\/p>\n\n\n\n<ul start=\"1\" class=\"wp-block-list\">\n<li>Ledger is the storehouse of information because after journal all the entries are posted into the ledger.<\/li>\n\n\n\n<li>The ledger helps in the classification of recorded transactions and leads to the easy identification of accounts such as Personal, Real, Asset, Income, Capital, etc.<\/li>\n\n\n\n<li>The ledger helps in preparing the &#8220;Trading and Profit and Loss Account&#8221; to know the trading result.<\/li>\n\n\n\n<li>It helps in preparing the &#8220;Trial Balance&#8221; in which arithmetical accuracy is checked.<\/li>\n\n\n\n<li>It provides information regarding purchases, sales, revenues, and expenses of the business.<\/li>\n<\/ul>\n\n\n\n<p><strong>Q. What are the different types of ledgers?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The types of ledger accounts are:<\/p>\n\n\n\n<ul start=\"1\" class=\"wp-block-list\">\n<li>Debtors Ledger: This ledger contains the accounts of all the customers to whom goods are sold on credit and is also known as the &#8220;Sales Ledger&#8221;.<\/li>\n\n\n\n<li>Creditors Ledger: This ledger contains the accounts of all the suppliers or creditors from whom goods are purchased on credit and is also known as the &#8220;Purchases Ledger&#8221;.<\/li>\n\n\n\n<li>General Ledger: All other accounts except debtors and creditors accounts are maintained in the General Ledger, which is also known as the &#8220;Main Ledger&#8221;.<\/li>\n<\/ul>\n\n\n\n<p><strong>Q. What are the steps of posting entries in a ledger?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The steps of posting entries in a ledger are as follows:<\/p>\n\n\n\n<ul start=\"1\" class=\"wp-block-list\">\n<li>Procedure of Posting for an Account which has been debited in a transaction:<br>(i) Identify the account to be debited in the Ledger.<br>(ii) Enter the date of the transaction in the &#8216;Date&#8217; column on the debit side of the account.<br>(iii) Record the name of the account credited in the Journal, in the &#8216;Particulars&#8217; column on the debit side as &#8220;To&#8230;(name of the account credited)&#8230;&#8221;.<br>(iv) Record the page number of the Journal where the entry exists in the &#8216;Journal Folio&#8217; (J.F.) column.<br>(v) Enter the relevant amount in the &#8216;Amount&#8217; column on the debit side.<\/li>\n\n\n\n<li>Procedure of Posting for an Account which has been credited in a transaction:<br>(i) Identify the account to be credited in the Ledger.<br>(ii) Enter the date of the transaction in the &#8216;Date&#8217; column on the credit side of the account.<br>(iii) Record the name of the account debited in the Journal, in the &#8216;Particulars&#8217; column on the credit side as &#8220;By&#8230;(name of the account debited)&#8230;&#8221;.<br>(iv) Record the page number of the Journal where the entry exists in the &#8216;Journal Folio&#8217; (J.F.) column.<br>(v) Enter the relevant amount in the &#8216;Amount&#8217; column on the credit side.<\/li>\n<\/ul>\n\n\n\n<p><strong>Q. Explain balancing of accounts.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Balancing of accounts is the process of determining the difference between the total of debits and total of credits appearing in an account. It signifies the net effect of all transactions posted to that account during a given period. For example, if the total of the credit side is \u20b960,000 and that of the debit side is \u20b950,000, the difference, i.e., \u20b910,000, is written as &#8216;To Balance carried down&#8217; or &#8216;To Balance c\/d&#8217; on the debit side, indicating the account has a credit balance of \u20b910,000. On the other hand, if the total of the debit side is \u20b980,000 and that of the credit side is \u20b960,000, the difference, i.e., \u20b920,000, is written as &#8216;By Balance carried down&#8217; or &#8216;To Balance c\/d&#8217; on the credit side, indicating the account has a debit balance of \u20b920,000. Debit balance is then written on the debit side as &#8216;To balance brought down&#8217; or &#8216;To Balance b\/d&#8217;, which is the opening balance for the new period. Credit balance is then written on the credit side as &#8216;By Balance brought down&#8217; or &#8216;By Balance b\/d&#8217;, which is the opening balance for the new period.<\/p>\n\n\n\n<p><strong>Q. State the rules of posting from subsidiary books.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The rules of posting from subsidiary books are:<\/p>\n\n\n\n<ul start=\"1\" class=\"wp-block-list\">\n<li>Posting from the debit side of the Cash Book: All accounts appearing at the debit side of the cash book should be posted on the credit side of the respective accounts by writing &#8216;By Cash A\/c&#8217;.<\/li>\n\n\n\n<li>Posting from the credit side of the Cash Book: All accounts appearing at the credit side of the cash book should be posted on the debit side of the respective accounts by writing &#8216;To Cash A\/c&#8217;.<\/li>\n\n\n\n<li>Posting from Purchases Book: Purchases book is prepared when goods have been purchased on credit. These parties are givers of goods to us. Posting will be made on the credit side of the party&#8217;s account by writing the words &#8216;By Purchases A\/c&#8217;.<\/li>\n\n\n\n<li>Posting from Sales Book: Sales book is prepared when goods have been sold on credit. These parties are the receivers of goods from us. Posting will be made on the debit side of the party&#8217;s account by writing &#8216;To Sales A\/c&#8217;.<\/li>\n<\/ul>\n\n\n\n<p><strong>Q. Describe the method of balancing personal accounts.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The method of balancing personal accounts involves ascertaining how much amount is owing from each individual customer and how much amount is owed to each individual creditor. If a personal account shows a debit balance, it indicates the amount owing from him. On the contrary, if a personal account shows a credit balance, it indicates the amount owing to him. In case the total of the debit side is in excess of the credit side, the difference between the two is inserted on the credit side of the account in order to make their totals equal. The words &#8216;By Balance c\/d&#8217;, i.e., balance carried down, are written against the amount of the difference. In the next accounting period, the balance is brought down on the debit side by writing the words &#8216;To Balance b\/d&#8217;. On the other hand, if the total of the credit side is in excess of the debit side, the difference between the two is inserted on the debit side of the account in order to make their totals equal. The words &#8216;To Balance c\/d&#8217; are written against the amount of the difference. In the next accounting period, the balance is brought down on the credit side by writing the words &#8216;By Balance b\/d&#8217;.<\/p>\n\n\n\n<p><strong>Q. Describe the method of closing real accounts.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Real accounts include the account of cash in hand and the accounts of all other assets such as Land, Building, Furniture, Investments, etc. The method of closing the Cash A\/c and the accounts of all other assets is the same as that of personal accounts. When balanced, these will always show debit balances.<\/p>\n\n\n\n<p><strong>Q. How are nominal accounts closed?<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: Nominal accounts include the accounts relating to the expenses and incomes of the firm. These accounts do not require balancing. As the main purpose of opening the nominal accounts is to ascertain the net profit or loss of the firm, all such accounts are transferred to the Trading and Profit and Loss Account of the firm at the end of the financial period. Accounts relating to &#8216;Goods&#8217; such as Purchases A\/c, Sales A\/c, Purchases Return A\/c, Sales Return A\/c, and Stock A\/c are not balanced. These accounts are closed by transferring them to the Trading Account at the end of the year.<\/p>\n\n\n\n<p><strong>Q. Discuss the features and advantages of ledger accounts.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The features of ledger accounts are: (i) It is the principal or primary book of accounts. (ii) The accounts contain the condensed and summarised record of all the related transactions. (iii) The information contained in the ledger account can be used to draw conclusions regarding the status of the account. (iv) It is the basis of preparing the final accounts, and hence, it cannot be avoided. (v) The transactions are classified under appropriate heads, called accounts.<\/p>\n\n\n\n<p>The advantages of ledger accounts are:<\/p>\n\n\n\n<ul start=\"1\" class=\"wp-block-list\">\n<li>Ledger is the storehouse of information because after journalising, all the entries are posted into the ledger.<\/li>\n\n\n\n<li>The ledger helps in classifying recorded transactions, leading to easy identification of accounts such as Personal, Real, Asset, Income, and Capital accounts.<\/li>\n\n\n\n<li>The ledger helps in preparing the Trading and Profit and Loss Account to determine the trading result.<\/li>\n\n\n\n<li>It helps in preparing the Trial Balance, where arithmetical accuracy is checked.<\/li>\n\n\n\n<li>It provides information regarding purchases, sales, revenues, and expenses of the business.<\/li>\n<\/ul>\n\n\n\n\n\n<p><strong>19. Explain the differences between journal and ledger accounts.<\/strong><\/p>\n\n\n\n<p><strong>Answer <\/strong>: The differences between journal and ledger accounts are:<\/p>\n\n\n\n<ul start=\"1\" class=\"wp-block-list\">\n<li>Nature of Book: A journal is a book of primary entry, while a ledger is a book of final entry.<\/li>\n\n\n\n<li>Narration: A journal includes narration for each transaction, whereas a ledger does not.<\/li>\n\n\n\n<li>Basis: A ledger is prepared on the basis of the journal.<\/li>\n\n\n\n<li>Objective: A journal is prepared to record all transactions in chronological order, while a ledger is prepared to see the net effect of various transactions affecting a particular account.<\/li>\n\n\n\n<li>Balancing: A journal is not balanced, but all ledger accounts (except Nominal Accounts) are balanced in the ledger.<\/li>\n\n\n\n<li>Process: The process of recording entries in the journal is called journalising, while the process of recording entries in the ledger is called posting.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"Additional_MCQs\"><strong>Additional MCQs<\/strong><\/h4>\n\n\n\n<p><strong>1. What is a ledger?<\/strong><\/p>\n\n\n\n<p>A. Final entry book<br>B. Original entry book<br>C. Cash book<br>D. Subsidiary book<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Final entry book<\/p>\n\n\n\n\n\n<p><strong>Q. Which accounts are contained in a ledger?<\/strong><\/p>\n\n\n\n<p>A. Assets only<br>B. Liabilities only<br>C. All accounts<br>D. Nominal accounts<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. All accounts<\/p>\n\n\n\n<p><strong>Q. Ledger is also known as what?<\/strong><\/p>\n\n\n\n<p>A. Book of Original Entry<br>B. Book of Final Entry<br>C. Cash Book<br>D. Journal Book<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Book of Final Entry<\/p>\n\n\n\n<p><strong>Q. What is the main purpose of ledger accounts?<\/strong><\/p>\n\n\n\n<p>A. Record transactions<br>B. Summarise transactions<br>C. List customers<br>D. Compute taxes<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Summarise transactions<\/p>\n\n\n\n<p><strong>Q. Which of the following is a feature of ledger accounts?<\/strong><\/p>\n\n\n\n<p>A. Chronological record<br>B. Summarised data<br>C. Random entries<br>D. Unsorted details<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Summarised data<\/p>\n\n\n\n<p><strong>Q. Ledger accounts may be arranged in which manner?<\/strong><\/p>\n\n\n\n<p>A. Chronological only<br>B. Alphabetical only<br>C. Both alphabetical and by type<br>D. Random order<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. Both alphabetical and by type<\/p>\n\n\n\n<p><strong>Q. What is recorded in the Date column of a ledger account?<\/strong><\/p>\n\n\n\n<p>A. Transaction date<br>B. Account number<br>C. Page number<br>D. Balance<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Transaction date<\/p>\n\n\n\n<p><strong>Q. In the ledger format, what does the Particulars column include?<\/strong><\/p>\n\n\n\n<p>A. Amount figures<br>B. Account names<br>C. Dates<br>D. Folio numbers<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Account names<\/p>\n\n\n\n<p><strong>Q. What information is entered in the Folio column?<\/strong><\/p>\n\n\n\n<p>A. Transaction date<br>B. Journal page number<br>C. Account name<br>D. Ledger balance<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Journal page number<\/p>\n\n\n\n<p><strong>Q. What is recorded in the Amount column of a ledger account?<\/strong><\/p>\n\n\n\n<p>A. Debit only<br>B. Credit only<br>C. Transaction amount<br>D. Closing balance<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. Transaction amount<\/p>\n\n\n\n<p><strong>Q. How many columns are there on each side of a ledger account?<\/strong><\/p>\n\n\n\n<p>A. Two<br>B. Three<br>C. Four<br>D. Five<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. Four<\/p>\n\n\n\n<p><strong>Q. What is the process of transferring journal entries to ledger accounts called?<\/strong><\/p>\n\n\n\n<p>A. Journalising<br>B. Posting<br>C. Balancing<br>D. Summarising<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Posting<\/p>\n\n\n\n<p><strong>Q. In posting entries, what prefix is used on the debit side of the Particulars column?<\/strong><\/p>\n\n\n\n<p>A. By<br>B. To<br>C. From<br>D. For<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. To<\/p>\n\n\n\n<p><strong>Q. In posting entries, what prefix is used on the credit side of the Particulars column?<\/strong><\/p>\n\n\n\n<p>A. By<br>B. To<br>C. With<br>D. Of<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. By<\/p>\n\n\n\n<p><strong>Q. What does balancing of an account involve?<\/strong><\/p>\n\n\n\n<p>A. Adding totals<br>B. Subtracting entries<br>C. Determining net effect<br>D. Listing transactions<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. Determining net effect<\/p>\n\n\n\n<p><strong>Q. When the debit total exceeds the credit total, the balancing entry is recorded as:<\/strong><\/p>\n\n\n\n<p>A. To Balance c\/d<br>B. By Balance c\/d<br>C. To Balance b\/d<br>D. By Balance b\/d<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. By Balance c\/d<\/p>\n\n\n\n<p><strong>Q. When the credit total exceeds the debit total, the balancing entry is recorded as:<\/strong><\/p>\n\n\n\n<p>A. To Balance c\/d<br>B. By Balance c\/d<br>C. To Balance b\/d<br>D. By Balance b\/d<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. To Balance c\/d<\/p>\n\n\n\n<p><strong>Q. After balancing a ledger account, what is the subsequent step?<\/strong><\/p>\n\n\n\n<p>A. Journalising<br>B. Posting<br>C. Bringing balance forward<br>D. Closing books<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. Bringing balance forward<\/p>\n\n\n\n<p><strong>Q. In personal accounts, a debit balance indicates:<\/strong><\/p>\n\n\n\n<p>A. Amount owing by customer<br>B. Amount owing to creditor<br>C. No outstanding balance<br>D. Profit generated<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Amount owing by customer<\/p>\n\n\n\n<p><strong>Q. In personal accounts, a credit balance indicates:<\/strong><\/p>\n\n\n\n<p>A. Amount owing by customer<br>B. Amount owing to creditor<br>C. No outstanding balance<br>D. Profit generated<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Amount owing to creditor<\/p>\n\n\n\n<p><strong>Q. Which type of account always shows a debit balance?<\/strong><\/p>\n\n\n\n<p>A. Personal accounts<br>B. Nominal accounts<br>C. Real accounts<br>D. All accounts<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. Real accounts<\/p>\n\n\n\n<p><strong>Q. Which type of account does not require balancing?<\/strong><\/p>\n\n\n\n<p>A. Personal accounts<br>B. Nominal accounts<br>C. Real accounts<br>D. None<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Nominal accounts<\/p>\n\n\n\n<p><strong>Q. What is the first step in posting journal entries for a debited account?<\/strong><\/p>\n\n\n\n<p>A. Identify the account credited<br>B. Identify the account debited<br>C. Enter the date<br>D. Record the amount<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Identify the account debited<\/p>\n\n\n\n<p><strong>Q. When posting from the debit side of the Cash Book, the entry is recorded in Ledger as:<\/strong><\/p>\n\n\n\n<p>A. To Cash A\/c<br>B. By Cash A\/c<br>C. From Cash A\/c<br>D. With Cash A\/c<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. By Cash A\/c<\/p>\n\n\n\n<p><strong>Q. When posting from the credit side of the Cash Book, the entry is recorded in Ledger as:<\/strong><\/p>\n\n\n\n<p>A. To Cash A\/c<br>B. By Cash A\/c<br>C. From Cash A\/c<br>D. With Cash A\/c<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. To Cash A\/c<\/p>\n\n\n\n<p><strong>Q. While posting from the Purchases Book, what phrase is written in the party\u2019s account?<\/strong><\/p>\n\n\n\n<p>A. To Purchases A\/c<br>B. By Purchases A\/c<br>C. To Sales A\/c<br>D. By Sales A\/c<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. By Purchases A\/c<\/p>\n\n\n\n<p><strong>Q. While posting from the Sales Book, what phrase is written in the party\u2019s account?<\/strong><\/p>\n\n\n\n<p>A. To Sales A\/c<br>B. By Sales A\/c<br>C. To Purchases A\/c<br>D. By Purchases A\/c<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. To Sales A\/c<\/p>\n\n\n\n<p><strong>Q. Which feature distinguishes a journal from a ledger?<\/strong><\/p>\n\n\n\n<p>A. Narration<br>B. Finality<br>C. Balancing<br>D. Classification<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Narration<\/p>\n\n\n\n<p><strong>Q. Which book is used to record transactions in chronological order?<\/strong><\/p>\n\n\n\n<p>A. Ledger<br>B. Journal<br>C. Cash Book<br>D. Sales Book<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Journal<\/p>\n\n\n\n<p><strong>Q. In ledger posting, what does the abbreviation &#8220;J.F.&#8221; stand for?<\/strong><\/p>\n\n\n\n<p>A. Journal Folio<br>B. Just For<br>C. Journal File<br>D. Journal Format<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Journal Folio<\/p>\n\n\n\n<p><strong>Q. Which of the following is not a column in the standard ledger account format?<\/strong><\/p>\n\n\n\n<p>A. Date<br>B. Particulars<br>C. Folio<br>D. Reference<\/p>\n\n\n\n<p><strong>Answer:<\/strong> D. Reference<\/p>\n\n\n\n<p><strong>Q. Ledger accounts are prepared to assist in the preparation of which final document?<\/strong><\/p>\n\n\n\n<p>A. Trial Balance<br>B. Balance Sheet<br>C. Profit and Loss Account<br>D. Final Accounts<\/p>\n\n\n\n<p><strong>Answer:<\/strong> D. Final Accounts<\/p>\n\n\n\n<p><strong>Q. What is the primary role of a ledger account in business?<\/strong><\/p>\n\n\n\n<p>A. Store information<br>B. Record narratives<br>C. Verify audits<br>D. Compute taxes<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Store information<\/p>\n\n\n\n<p><strong>Q. What type of data does a ledger account primarily provide?<\/strong><\/p>\n\n\n\n<p>A. Detailed narration<br>B. Summarised data<br>C. Unsorted entries<br>D. Transaction motives<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Summarised data<\/p>\n\n\n\n<p><strong>Q. Which document is used to initially record transactions?<\/strong><\/p>\n\n\n\n<p>A. Ledger<br>B. Journal<br>C. Cash Book<br>D. Trial Balance<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Journal<\/p>\n\n\n\n<p><strong>Q. The posting process ensures that:<\/strong><\/p>\n\n\n\n<p>A. Entries are summarised<br>B. Transactions are random<br>C. Debits equal credits<br>D. Errors are hidden<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. Debits equal credits<\/p>\n\n\n\n<p><strong>Q. In a cash book, the opening balance is recorded:<\/strong><\/p>\n\n\n\n<p>A. In the ledger<br>B. In the cash book only<br>C. In the journal<br>D. In the trial balance<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. In the cash book only<\/p>\n\n\n\n<p><strong>Q. The cash book serves as which type of book?<\/strong><\/p>\n\n\n\n<p>A. Subsidiary book<br>B. Final book<br>C. Summary book<br>D. None<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Subsidiary book<\/p>\n\n\n\n<p><strong>Q. When cash is withdrawn by the proprietor for personal use, which account is credited?<\/strong><\/p>\n\n\n\n<p>A. Cash account<br>B. Drawings account<br>C. Capital account<br>D. Sales account<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Drawings account<\/p>\n\n\n\n<p><strong>Q. Which ledger account is used to record goods purchased on credit?<\/strong><\/p>\n\n\n\n<p>A. Debtors ledger<br>B. Creditors ledger<br>C. General ledger<br>D. Sales ledger<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Creditors ledger<\/p>\n\n\n\n<p><strong>Q. Which ledger account is also known as the Sales Ledger?<\/strong><\/p>\n\n\n\n<p>A. Debtors ledger<br>B. Creditors ledger<br>C. General ledger<br>D. Nominal ledger<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Debtors ledger<\/p>\n\n\n\n<p><strong>Q. Which ledger account is also known as the Purchases Ledger?<\/strong><\/p>\n\n\n\n<p>A. Creditors ledger<br>B. Debtors ledger<br>C. General ledger<br>D. Real ledger<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Creditors ledger<\/p>\n\n\n\n<p><strong>Q. In ledger posting, which two words indicate the transfer from the journal?<\/strong><\/p>\n\n\n\n<p>A. To\/By<br>B. From\/With<br>C. With\/For<br>D. In\/Out<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. To\/By<\/p>\n\n\n\n<p><strong>Q. Balancing a ledger account primarily checks for:<\/strong><\/p>\n\n\n\n<p>A. Accuracy<br>B. Speed<br>C. Volume<br>D. Detail<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Accuracy<\/p>\n\n\n\n<p><strong>Q. The entry &#8220;To Balance c\/d&#8221; signifies which type of balance?<\/strong><\/p>\n\n\n\n<p>A. Debit balance<br>B. Credit balance<br>C. No balance<br>D. Error<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Credit balance<\/p>\n\n\n\n<p><strong>Q. The entry &#8220;By Balance c\/d&#8221; signifies which type of balance?<\/strong><\/p>\n\n\n\n<p>A. Debit balance<br>B. Credit balance<br>C. Zero balance<br>D. No effect<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Debit balance<\/p>\n\n\n\n<p><strong>Q. In ledger accounts, &#8220;b\/d&#8221; stands for:<\/strong><\/p>\n\n\n\n<p>A. Brought down<br>B. Begun data<br>C. Balance due<br>D. Booked data<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Brought down<\/p>\n\n\n\n<p><strong>Q. Posting in ledger accounts ensures that transactions are:<\/strong><\/p>\n\n\n\n<p>A. Verified<br>B. Classified<br>C. Narrated<br>D. Ignored<\/p>\n\n\n\n<p><strong>Answer:<\/strong> B. Classified<\/p>\n\n\n\n<p><strong>Q. Which of the following is not a typical feature of a ledger account?<\/strong><\/p>\n\n\n\n<p>A. Systematic posting<br>B. Classification of entries<br>C. Chronological narration<br>D. Summarisation of data<\/p>\n\n\n\n<p><strong>Answer:<\/strong> C. Chronological narration<\/p>\n\n\n\n\n\n<p><strong>50. In a ledger account, the term &#8220;Folio&#8221; specifically refers to:<\/strong><\/p>\n\n\n\n<p>A. Journal page<br>B. Account name<br>C. Transaction date<br>D. Ledger number<\/p>\n\n\n\n<p><strong>Answer:<\/strong> A. Journal page<\/p>\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Get summaries, questions, answers, solutions, notes, extras, theories, practicles, PDF, and guide of Chapter 5 Ledger Accounts, NBSE Class 9 Book Keeping (BK) textbook, which is part of the syllabus of students studying under Nagaland Board. These solutions, however, should only be treated as references and can be modified\/changed. Summary A ledger is a book&hellip; <a class=\"more-link\" href=\"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/ledger-accounts-nbse-class-9-book-keeping\/\">Continue reading <span class=\"screen-reader-text\">Ledger Accounts: NBSE Class 9 Book Keeping<\/span><\/a><\/p>\n","protected":false},"author":1044,"featured_media":22170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,34],"tags":[28,1049,98,10,1058,42,12,13,36,38],"class_list":["post-21879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nagaland","category-notes","tag-answers","tag-book-keeping","tag-chapter-5","tag-class-9","tag-ledger-accounts","tag-nagaland","tag-nagaland-board","tag-nbse","tag-questions","tag-summary","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/posts\/21879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/users\/1044"}],"replies":[{"embeddable":true,"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/comments?post=21879"}],"version-history":[{"count":2,"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/posts\/21879\/revisions"}],"predecessor-version":[{"id":30380,"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/posts\/21879\/revisions\/30380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/media\/22170"}],"wp:attachment":[{"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/media?parent=21879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/categories?post=21879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mockupbw.site\/2025\/onlinefreenotes\/wp-json\/wp\/v2\/tags?post=21879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}