journalise the following transactions in the books of sudhir

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6000 in cash and accepting a new bill for the balance plus interest @ 12% p.a. 2010 (Rs) Nov 1 Business started with (i)Cash 1, 50, 000 (ii)Goods 50, 000 Nov 3 Purchased goods from Harish 30, 000 Nov 5 Sold goods for cash 12, 000 Nov 8 Purchased furniture for cash 5, 000 Nov 10 Cash paid to Harish on account 15, 000 Nov 13 Paid sundry expenses 200 Nov 15 Cash . On the next day Rupa paid Rs. 5000 to the bank for collection. 1,000 endorsed to Pradeep has been dishonoured. 400 to retire the bill. Transcribed image text: Q2 Journalise the following transactions in the books of M/s Chand & Sons: S.No. iii. 25. ii. SSC SCIENCE II MARCH 2019 SOLUTION 10TH STD. Solution 1: Journal is a book of prime entry or a book of original entry in which transaction are first recorded in a chronological order or sequence they are entered. Question No 01 Chapter No 9. 4,400 and accepting a new bill for 2 months for the balance plus interest @ 12% p.a. Vaibhavs acceptance to Maharaja for Rs. The bill was duly met on the due date. The bank informs Kamesh that Sudhakars acceptance for Rs. Dr. 10,000. (ii) Credit purchase of goods 18,000. 9,700. * Bank informs Rahul as to the dishonour of Avirajs acceptance for Rs. On 4. The bank informed Mr. Ashok Agrawal that Kamleshs acceptance for Rs. 2000 to Maharaja discounted with Bank noting charges Rs. Badrinath informs Kedarnath that Aloknath's Acceptance of Rs. 1800 in cash and accepted a fresh bill for the balance, plus interest @ 12% p.a for 2 months. 8 Proven Tips to Handle Anxiety before Exams! iv. for two months. with her bank. 6,000 at 4 months. Record the following transactions in the journal and post them into the ledger of Mr. Mahdi. 10,250. Before the due date, Chanda approached Nanda for renewal of the Bill. Anjali accepts the proposal on the condition that Rupali should pay Rs. 14,400 to Kedarnath by paying cash Rs. 39. i. Suresh informed Bhaskar that Nishads acceptance for Rs. Pass the necessary journal entries in the books of Sonia. Journalise the following transactions in the books of Mr. Heramb, Write out the electronic configuration of the first 20 elements, the group of people with the authority to govern a country or state; a particular ministry in office.if you don't mind I will talk in another account, Bought one table and one chair for $ 500, and paid for it by cash journal entries , 3. Lata duly accepted the bill. Journalize the following transactions in the books of Kamesh: i. Nanda informs Kamesh that Shantis acceptance for Rs. Rajesh renews his acceptance to Bhaskar for Rs. 10,000 in cash and accepted 4 months bill for balance amount drawn by Bhagyashri. Somnath renews his acceptance of Rs. Ricardo then draws a bill for Rs. answered 48. (adsbygoogle = window.adsbygoogle || []).push({});
, We are here to improve your knowledge in all financial & Business related topics and to get better carrier opportunities. PDF FILE TO YOUR EMAIL IMMEDIATELY PURCHASE NOTES & PAPER SOLUTION. Before the due date of this bill Ronaldo pays the amount at a discount of Rs. 3,000 has failed to pay the amount. This was for the amount which Anand owed to Prakash. 3,800 by paying Rs. iii. Journalize the following transactions: (Being cheque received from Suman and discount allowed), (Being telephone expenses paid by cheque). 5850. Journalise the following transactions in the books of Sudhir. for three months. Journal Entries Ronaldo. 6. 1 Simple Hack, you can try out, in preparing for Board Exam. Journalise the following transactions in the books of Mr. Ashok Agrawal. Ameet agrees this proposal. However, on 1. 3015/- Pass Journal Entries in the books of Sun. Journal entries books of Amithab. Journalise the following transactions in the books of M/s. Sindhu discounted the bill with bank at Rs. 1,000 due from Rohit are now a bad debts. Grewal's- Sultan Chand D K Goel - Arya Publications, All Icons and images used on my website were downloaded from the following website please go and download free:-, Copyright 2021-2022 Tutors Tips All rights reserved, Question No 01 Chapter No 9 D.K Goal 11 Class, D K Goel New ISC Accountancy -(Class 11 ICSE)- Solution. January, 2014 Archana drew a bill for Rs. Pass journal entries in the books of Chanda. 2. Question No 03 Chapter No 5 - USHA Publication 11 Class. 3, 035. when total capital was, (Interest received on capital @7% p.a. On the due date the bill was honoured. 150. ii. S.P. Discharged Dr. Ashok Agrawals acceptance to Mahesh for Rs. 12 and accept a new bill for the balance. Pass the journal entries in the books of Tushar and open Tushars account in the books of Ameet.Journal Entries in the Books of Tushar. Journalise the following transaction in sudhir and sons books 2016 April 1 . January, 1988 Vandana drew a bill for Rs. 8000 Sagar accepted a bill for 3 months by Sindhu for Rs. When company decided to record the issue of 10 % Debentures as collateral security. The consent submitted will only be used for data processing originating from this website. 24,000 to Rupa. 20 was paid as noting charges. Ricardo then draws a bill for the balance plus interest of Rs. 8000. 12,000 sent to bank for collection had been honoured and bank charges debited were Rs. 1200 by paying Rs. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 60,000 Loan given to Bhuvan Rs. 14,000 was declared bankrupt and only 45% of the amount due could be recovered from his estate. Journalise them. 3. 100. ii. 14,400 to Kedarnath by paying cash Rs. (Being goods sold to Sudhir outside the state i.e. 12. On due date Ganga dishonoured her acceptance and noting charges amounted to Rs. Purchased goods from Ishtiaq & Co. Rs. It is very difficult to teach more students in a personal touch. Rama paid noting charges for Rs. Sachin agreed and the second bill was duly honoured. 37. Mandar retired his acceptance to Bhaskar for Rs. Ronaldo owes Ricardo Rs.80,000. Q. 6000 in cash and accepting a fresh bill for the balance plus interest @ 12% p.a. Feb. 8 Sold goods to Sachin for 40,000 Feb. 10 Sachin became insolvent and paid 50 paise in . 2018 Cash Account Dr. 500 May 2 To Goods Account 500 (Being cash Sale of goods) Column (3) is known as the L. (Ledger Folio) Column. 50. Journalise the following transaction in the Books of Harpreet Bros : (a) Rs. 100. Journalise the following transactions in the books of Harbhajan & Co. for the month of. 2,000 endorsed to Ayub has been dishonoured, noting charges amounted to Rs. Prepare the trial balance. However, on the due date the bill was dishonoured. 800 in cash and accepting a new bill for the balance plus interest @ 12 p.a. Also prepare a trial balance as on that date. 4,400 and accepting a new bill for 2 months for the balance plus interest @ 12% p.a. 29,500 Mar.2. Journalise the following transactions int he books of Kedarnath: 1. 25,000, Stock of goods Rs. 8,000/- and Raman accepted the Bill for Rs. Baloo owes Kaloo Rs.8000. 15000 has been dishonoured and it has paid noting charges Rs. On the due date, the bill was dishonoured. [10 MARKS]. How to Score Good Marks in SSC Board Exams, Tips To Score More Than 90% Marks In 12th Board Exam, How to prepare for board exam when less time is left, How to memorise what you learn for board exam, No. 4,000/- immediately and draw upon him a new bill for the remaining amount at 3 months together with an interest @ 10% p.a. On 4, March, 1989, Mukund approaches Prakash and request him to accept Rs. 10,000. However, on the due date the bill was dishonoured. 25. These arrangements were carried through. 3rd May : Cash deposited into bank Rs. 2. 5,84,000; Capital - Rs 25,00,000 and Building - Rs 10 . with the bank. Pass Journal Entries in the books of Kaloo. Noting charges amounted to Rs. How to Study for CBSE Class 10 Board Exams Subject Wise Tips? 40000 in cash and draw a bill for the balance plus interest at 12% p.a. 5,000 at 3 months. 16,000 endorsed to Badrinath has been dishonoured and noting charges amounted to Rs. Following transactions of Ramesh for April,2018 are given below. 150 for a period of one month. 7,000 is paid immediately together with an interest on remaining amount at 18% p.a. 20. 4000 for which Prakash draws a bill for 2 months on 1, February, 1989. 20,000. Bought furniture for Rs. for three months. for four months and for the balance Ajith should accept a new bill. The new bill was met on due date. 4th May : 4th May : 5th May : 5th May : 5th May : 6th May : 6th . These arrangements were duly carried out. 10,000 to Babita and accepted a bill drawn by Babita for the balance amount for four months. 30/-. Jain purchased goods worth Rs. But the bank informed that the bill has been dishonoured by Dayaram. On the date of maturity, the bill was dishonoured. Sun draws a bill on Moon for Rs. Problem No. What is a journal? Journalise the following transactions in the books of Rahul. Bhagyashri sold goods to Rupa worth Rs. 30 Journalise the following transactions int he books of Kedarnath: 1. State the following Ledger Account under: (a) Real Account (b) Personal Account (c ) . 200. 3,000 is paid immediately together with an interest on remaining amount at 18% p.a. B. On the same date Pankaj discounted the bill with his bank @ 10 % p.a. 12,500. Bank informs Kamalakar that Sangitas acceptance for Rs. He pays me a compensation of 45 p. in a rupee. Ravindra renews his acceptance to Ranbir for Rs. 7500 on Tushar for four months. Ajith accepted a bill for Rs. Surya got the bill discounted with his bank for Rs. 9600/-. Medium. 20,000, Furniture Rs. for 3 months. Journalise the following transactions in the books of Harbhajan & Co. for the month of 1st April 2019 . Journalise the following transaction in the Books of the M/s Bhanu Traders and post them into the ledger. Sonia draws a bill as the request is agreed. 2980. Kaloo then draws a bill for Rs. 8,000, Cash at Bank Rs. Save my name, email, and website in this browser for the next time I comment. On 1, Aug, 2013 Navin requested Anil to renew the bill and Anil agreed on the condition that Rs. ii. Pass journal entries in the books of Babita. 3200 endorsed to Sonam has been dishonoured and the noting charges amounted to Rs. 8,000. March, 2014. Record the following transactions in the journal and post them into the ledger of Mr. Mahdi. Journalise the following transaction, post them into Ledger, Balance the accounts and prepare a Trial Balance. Nanda agreed on the condition that Rs. March, 2013. 10,000/- at 3 months drawn by Bheem. On due date, the bill was dishonoured noting charges amount to Rs. On 1, Aug, 2013 Anand requested Prakash to renew the bill and Prakash agreed on the condition that Rs. Journalise the following transactions in the books of Rama &Sons. * Prashants acceptance to Rahul for Rs. The business is started by receiving cash from an investor in exchange for common stock $10,000. Bhagyashri discounted the bill at 10% p.a. 60,000 Loan given to Bhuvan Rs. 1,000 is paid immediately and Anand should accept the new bill for 3 months for the balance payable plus interest of Rs. 30/-. Journalise the following transactions in the books of Varun. Bheem agreed. TutorsTips.comorTutorsTips.in(Hindi Version)is free of cost for all the students and professionals who want to clear their basic and advance concepts which are related to professional accountants. 4,800 by paying Rs. On the due date the bill was honoured. 2500 endorsed to Suresh has been dishonoured and noting charges amounted to Rs. 38. Bheem sold goods to Raju worth Rs. Journalise the following transactions in the book of Ashok received 11,700 from Hari Krishan in . 40 to retire the bill. Prepare an Accounting Equation on the basis of the following transactions: (i) Started business with cash 70,000. >> Books of Original Entry and Journal Entries >> Journalise the following transaction:Sol. When company decided not to record the issue of 10 % Debentures as collateral security. View solution > Journalise the following transaction: 3015/- Pass Journal Entries in the books of Minal. 5,000 in cash and accept new bill for one month along with interest Rs. 100. 18th March, 2019. Moon accepts the bill and return to Sun. Enter the following Transactions in the Journal of Mudit: 2017 Jan.01 Commenced business with cash 1,75,000 Jan.01 Building 1,00,000 Jan.02 Goods purchased for cash 75,000 Jan.03 Sold Give Journal entries in the books of Bheem. 10,000/- and Raju accepted the Bill for Rs. 20,000. These arrangements were carried through but afterwards, Karthik become Insolvent and only 80 % of the amount could be recovered from his estate. 8000 on Baloo for a period of three months. 600 by paying Rs. 10000 in cash and draw a fresh bill for 3 months for the balance plus interest @ 10% p.a. View full document. 50. SSC SCIENCE I MARCH 2019 SOLUTION 10TH STD. Pankaj renews his acceptance to Maharaja for Rs. for three months. Sonam informs Ranbir that Salmans acceptance for Rs. Jan. 12 Received invoice at 10% trade discount from Rohit and Sons and supplied these goods to Madan, listed at 3,000. 2011(rs)jan 1started business with cash6,000cash at bank55,000stock of goods40,000due to rohan6,000due from tarun10,000jan 3sold goods to karuna15,000jan 4cash sales10,000jan 6goods sold to heena5,000jan 8purchased goods from rupali30,000jan 10goods returned from karuna2,000jan 14cash received from karuna13,000jan 15cheque given to rohan6,000jan Prepare Journal from the transactions given below: Interest charge on capital @7% p.a. Anil became insolvent before the maturity of the bill and 50 paise in a rupee was received at first and final dividend from his estate. 2,000. HSC ENGLISH SET A 2019 21st February, 2019, HSC ENGLISH SET B 2019 21st February, 2019, HSC ENGLISH SET C 2019 21st February, 2019, HSC ENGLISH SET D 2019 21st February, 2019, SECRETARIAL PRACTICE (S.P) 2019 25th February, 2019, CHEMISTRY XII HSC SOLUTION 27th, February, 2019, OCM PAPER SOLUTION 2019 27th, February, 2019, HSC MATHS PAPER SOLUTION COMMERCE, 2nd March, 2019, HSC MATHS PAPER SOLUTION SCIENCE 2nd, March, 2019, SSC Maths I March 2019 Solution 10th Standard11th, March, 2019, SSC MATHS II MARCH 2019 SOLUTION 10TH STD.13th March, 2019. The second Bill was duly honoured. Journalize the following transactions in the books of Maharaja. A business has the following transactions: A. SSC MATHS II MARCH 2019 SOLUTION 10TH STD. Rs. Journalise the following transaction in the books of Abhishek: (a) Siddhant informs Abhishek that Vineet's acceptance for 23,000 endorsed to Siddhant has been dishonoured. Jan. 5 Purchased goods for 5,000. Apr Debit Balances on the date of acquisition: 1st: Cash in hand Rs. Before the due date Archana approached Babita with a request to renew the Bill. 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View solution > Journalise the following transaction: Cash deposited into the bank Rs. Journalise the following transactions in the books of Ranbir. 20,000. Give the Journal entries in the books of Premlal. Journalise the following transactions in the books of Sudhir : Journalise the following transactions in the books of Mr. Heramb, Write out the electronic configuration of the first 20 elements, the group of people with the authority to govern a country or state; a particular ministry in office.if you don't mind I will talk in another account, Bought one table and one chair for $ 500, and paid for it by cash journal entries , 3. 2018 Oct. 1 Purchased Machinery of 95,000 and paid 5,000 for freight. The bill was duly met on the due date. 8. Mukesh owes Anil Rs. Somnath renews his acceptance of Rs. 45. Suresh informed Bhaskar that Nishad's acceptance for Rs. Why is the journal called a book of original entry? Journalise the following transactions in the books of Sudhir. Rs. 2500 endorsed to Suresh has been dishonoured and noting charges amounted to Rs. 8. On the due date Anil dishonoured his acceptance. Before due date, Rupali finds herself unable to make payment of the bill; and requests Anjali to renew it.

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journalise the following transactions in the books of sudhir