voucher problems

1. Solution for Problem No. 2
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Journal
By Cash A/c
To Capital A/c
10000
-
-
10000
Being started Business by
Proprietor with cash Rs. 10000.
2 Purchase
To Cash A/c
By Purchase A/c
-
2000
2000
-
Being Purchased goods of Rs.
2000 by cash.
3 Sales
By Cash A/c
To sales A/c
500
-
-
500
Being Sold Goods for Rs. 500.
4 Purchase
To Ramesh A/c
By Purchase A/c
-
200
200
-
Being Purchased goods of Rs.
200 from Ramesh.
5 Sales
By Suresh A/c
To sales A/c
1000
-
-
1000
Being Sold Goods worth Rs.
1000 to suresh.
6 Payment
By Salary A/c
To Cash A/c
500
-
-
500
Being Paid salary of Rs. 500.
7 Receipt
To Commission A/c
By Cash A/c
-
1500
1500
-
Being Received commission Rs.
1500 by cash.
Solution for Problem No. 3
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Journal
By Cash A/c
To A’s Capital A/c
To B’s Capital A/c
To C’s Capital A/c
30000
-
-
-
-
10000
10000
10000
Being started Business by Mr.
A, Mr. B & Mr. C with cash Rs.
10000 each.
2 Purchase
To Cash A/c
By Purchase A/c
-
5000
5000
-
Being Purchased goods of Rs.
5000 by cash.
3 Sales
By Cash A/c
To sales A/c
1000
-
-
1000
Being Sold Goods for Rs. 1000.
4 Sales
By Mr. Kishor A/c
To sales A/c
800
-
-
800
Being Sold Goods to Mr. Kishor
on Credit of Rs. 800.
5 Receipt
To Commission A/c
By Cash A/c
-
100
100
-
Being Received commission Rs.
100 by cash.
6 Contra
To Cash A/c
By Bank A/c
-
5000
5000
-
Being Cash Depositing into
Bank of Rs. 5000.
7 Journal
By A’s Drawing A/c
To Bank A/c
1000
-
-
1000
Being cash Withdrawn for
personal use by Mr. A.
8 Payment
By Stationary A/c
To Cash A/c
500
-
-
500
Being Purchase Stationary of
Rs. 500 for Office use.
9 Payment
By Rent A/c
To Cash A/c
100
-
-
100
Being Paid Rent to Landlord of
Rs. 100 by Cash.
10
Credit
Note
To Mr. Kishor A/c
By Sales Return A/c
-
100
100
-
Being Goods return by Mr.
Kishor of Rs. 100.
11 Contra
To Bank A/c
By Cash A/c
-
1500
1500
-
Being withdrawn from bank of
Rs. 1500.
12 Sales
By Cash A/c
To Sales A/c
By Discount A/c
360
-
40
-
400
-
Being sold goods of Rs. 400 at
10% Cash Discount.
13 Payment
By Salary A/c
To Cash A/c
800
-
-
800
Being paid salary to Mr. Patil
Rs. 800.
Solution for Problem No. 4
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Journal
By Cash A/c
To Ravi’s Capital A/c
To Shashi’s Loan A/c
15000
-
-
-
11000
4000
Being Ravi started business with
Rs.15,000/- of which Rs .4000
where borrowed at 15% P.A.
form shri. Shashi
2 Purchase
To Anant A/c
By Purchase A/c
To Tread Discount A/c
-
4080
-
4000
-
80
Being purchased goods worth
Rs. 4,000/- form Anant at 2%
trade discount
3 Sales
By Cash A/c
To Sales A/c
1200
-
-
1200
Being Cash sales to Madan
Rs.1,200/-
4 Sales By Salavi A/c 1960 - Being Credit sales to Salavi Rs.

2. To Sales A/c
By Tread Discount A/c
-
40
2000
-
2,000/- less trade discount 2 %
5 Payment
By Anant A/c
To Cash A/c
To Discount A/c
1960
-
-
-
1950
10
Being Paid cash Rs. 1,950/- to
Anant and received discount of
Rs. 10/-
6 Receipt
To Salavi A/c
By Cash A/c
By Discount A/c
-
1950
10
1960
-
-
Being received Rs.1,950/- form
Salavi in full settlement of his
dues.
7
Debit
Note
By Anant A/c
To Purchase Return A/c
100
-
-
100
Being returned goods of the
price of Rs. 100/- to Anant.
8 Contra
To Cash A/c
By Bank A/c
-
5000
5000
-
Being deposit into bank Rs.
5,000/-
9 Payment
By Anant A/c
To Bank A/c
1000
-
-
1000
Being issue a cheque for
Rs.1,000/- to Anant on account.
10 Purchase
To Anant A/c
By Purchase A/c
-
2000
2000
-
Being Purchased goods of Rs.
2,000/- form Anant.
11 Sales
By Ratan A/c
To Sales A/c
1250
-
-
1250
Being Sold goods costing Rs.
1,000/- at 25% Profit to Ratan.
12 Receipt
To Ratan A/c
By Cash A/c
By Discount A/c
-
395
5
400
-
-
Being received a cheque for
Rs.395/ - form Ratan and he was
allowed discount Rs.5/ -.
13
Credit
Note
To Ratan A/c
By sales Return A/c
-
50
50
-
Being Ratan returned goods of
Rs. 50/ -.
14 Payment
By Interest on Loan A/c
To Cash A/c
50
-
-
50
Being paid interest on loan Rs.
50/- to Shashi.
15 Payment
By Salary A/c
To Cash A/c
To Bank A/c
2000
-
-
-
800
1200
Being Paid salaries Rs. 2,000/ -
out of which Rs. 1,200/ - Paid
by cheque.
16 Contra
To Cash A/c
By Bank A/c
-
500
500
-
Being deposit into bank Rs.
500/-
17 Payment
By Office Rent A/c
To Bank A/c
300
-
-
300
Being paid office rent by cheque
Rs. 300/ -.
Solution for Problem No. 5
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Journal
By Cash A/c
By Furniture a/c
To Nitin’s Capital A/c
5000
1000
-
-
-
6000
Being Nitin started business
with cash Rs. 5,000/ - and
furniture of Rs. 1,000/ -
2 Payment
To Cash A/c
By Stationary A/c
-
120
120
-
Being purchase stationary of
Rs.120/ - .
3 Purchase
To Vijay A/c
By Purchase A/c
To Tread Discount A/c
-
2100
-
2000
-
100
Being Bought goods form Vijay
worth Rs. 2,000/ - at 5% trade
discount.
4 Purchase
To S.Ram A/c
By Purchase A/c
-
1500
1500
-
Being Purchase Goods from S.
Ram Rs. 1,500/ -
5
Debit
Note
By Vijay A/c
To Purchase Return A/c
95
-
-
95
Being returned goods of Rs. 95/
- to Vijay
6 Purchase
To Vijay A/c
By Purchase A/c
-
95
95
-
Being Received goods form
Vijay in exchange of those
returned on 6th
April.
7 Sales
By Cash A/c
To Sales A/c
1000
-
-
1000
Being cash sales Rs. 1000/-
8 Sales
By D. Narayan A/c
To Sales A/c
500
-
-
500
Being Nitin sold goods to D.
Narayan of Rs.500
9 Sales
By Ratan A/c
To Sales A/c
By Tread Discount A/c
768
-
32
-
800
-
Being sold goods to Ratan of Rs
800 less tread discount Rs 32.
10 Journal
By Drawing A/c
To Purchase A/c
To Cash A/c
150
-
-
-
50
100
Being proprietor took for private
use goods of Rs. 50/- & Cash
Rs. 100/-
11
Credit
Note
To D. Narayan A/c
By Sales Return A/c
-
50
50
-
Being received goods return
from D. Narayan of Rs. 50/-
12 Credit To Ratan A/c - 40 Being received goods return

3. Note By Sales Return A/c 40 -
from Ratan of Rs. 40/- (i.e. cost
Rs.50/- less tread Discount 4%)
13
Payment
By S Ram A/c
To Cash A/c
900
-
-
900
Being Paid cash Rs.900/- to
Ram.
Debit
Note
By S Ram A/c
To Purchase Return A/c
100
-
-
100
Being returned goods of
Rs.100/-to S Ram
14 Payment
To Cash A/c
By Stationary A/c
-
500
500
-
Being purchase a stationary
from M/s. Kishor & Co Rs.
500/- on cash.
15 Payment
By S Ram A/c
To Cash A/c
200
-
-
200
Being Paid cash Rs. 200/- to
Madhav on behalf of S. Ram
according to his instruction
16 Receipt
To D. Narayan A/c
By Rent A/c
By Cash A/c
-
150
300
450
-
-
Being D. Narayan paid office
Rent of Nitin Rs. 150/- and
balance due from him in cash.
Solution for Problem No. 6
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Payment
By Salary A/c
To Cash A/c
200
-
-
200
Being Paid office salary Rs.
200/-.
2 Payment
By wages A/c
To Cash A/c
50
-
-
50
Being Paid wages Rs. 50/-.
3
Sales
By Cash A/c
To Sales A/c
400
-
-
400
Being Sold goods Rs 1000/- of
which Rs. 400/- received in cash
and
Remaining amount by cheque.
Sales
By Bank A/c
To Sales A/c
600
-
-
600
4 Purchase
To Bhosale A/c
By Purchase A/c
To Discount A/c
-
6000
-
5700
-
300
Being bought goods worth Rs.
6,000/- from Bhosle A/c at 5%
Trade discount.
5 Payment
By Salary A/c
To Cash A/c
800
-
-
800
Being Paid salary of Rs 800/-.
6 Receipt
To Bhave A/c
By Cash A/c
-
1500
1500
-
Being Received from Bhave Rs.
1500/-
7 Purchase
To Cash A/c
By Purchase A/c
-
500
500
-
Being Purchased goods of Rs
500/- from Narendra on cash.
8 Receipt
To Commission A/c
By Cash A/c
-
40
40
-
Being Received Commission
Rs.40/-.
9 Sales
By Cash A/c
To Sales A/c
By Discount A/c
3933
-
567
-
4500
-
Being sold goods of Rs 4500/- at
5% trade discount and give
another cash discount of 8%.
10 Payment
By Salary A/c
To Cash A/c
200
-
-
200
Being Paid office salary Rs.
200/-.
11 Payment
By Wages A/c
To Cash A/c
30
-
-
30
Being Paid wages Rs. 30/-.
12 Sales
By Bhave A/c
To Sales A/c
By Discount A/c
1960
-
40
-
2000
-
Being Sold goods to Bhave Rs.
2,000/- at 2% trade discount.
13
Contra
To Cash A/c
By Bank A/c
-
1000
1000
-
Being Withdrew from Bank Rs
1,000/- for office use
and
Rs 500/- for self use.
Journal
By Drawing A/c
To Cash A/c
500
-
-
500
14 Payment
By Salary A/c
To Cash A/c
200
-
-
200
Being Paid office salary Rs.
200/-
15 Payment
By General Exp. A/c
To Cash A/c
200
-
-
200
Being Paid general exp. 200/-.
16 Payment
By Wages A/c
To Cash A/c
10
-
-
10
Being Paid wages Rs 10/-.
17 Payment
By Salary A/c
To Cash A/c
1000
-
-
1000
Being Paid salary Rs. 1000/-.
18 Payment
By Wages A/c
To Cash A/c
15
-
-
15
Being Paid wages Rs. 15/-.
19 Payment
By Bhosale A/c
To Cash A/c
5000
-
-
5000
Being Paid to Bhosle Rs.
5,000/-.
20 Debit By Narendra A/c 150 - Being Return goods to Narendra

4. Note To Purchase Return A/c - 150 worth Rs. 150/-
21
Debit
Note
By Bhosale A/c
To Purchase Return A/c
100
-
-
100
Being Return goods to Bhosle of
Rs. 100/-
22 Contra
To Cash A/c
By Bank A/c
-
1000
1000
-
Being Deposited cash Rs. 1000/-
in to bank
23 Payment
By Wages A/c
To Cash A/c
40
-
-
40
Being Paid wages Rs. 40/-.
24 Sales
By Cash A/c
To sales A/c
By Discount A/c
1960
-
40
-
2000
-
Being Sold goods of Rs. 2,000/-
at 2% cash Discount.
25 Journal
By Drawing A/c
To Cash A/c
500
-
-
500
Being Goods worth Rs. 500/-
withdrawn for personal use.
26 Sales
By Cash A/c
To Sales A/c
200
-
-
200
Being Cash sales Rs 200/-
27 Payment
By Commission A/c
To Cash A/c
250
-
-
250
Being Paid commission Rs
250/-
28 Receipt
To commission A/c
By Cash A/c
-
500
500
-
Being Received commission Rs.
500/-
Solution for Problem No. 7
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Payment
By Salary A/c
To Cash A/c
5000
-
-
5000
Being Paid Salary Rs. 5000/- to
office Staff
2 Purchase
To Sashtri A/c
By Purchase A/c
-
10000
10000
-
Being Good purchased from
Shastri at Rs 10,000/-
3 Sales
By Cash A/c
To Sales A/c
5000
-
-
5000
Being Goods sold at Rs. 5,000/-
4 Payment
By Wife Loan A/c
To Cash A/c
1000
-
-
1000
Being Paid wife's Loan Rs
1,000/- in cash
5
Sales
By Ashok A/c
To Sales A/c
8000
-
-
8000
Being Goods sold to Ashok of
Rs. 8,000/- of which 5,000/- paid
immediately
Receipt
To Ashok A/c
By Cash A/c
-
5000
5000
-
6
Sales
By Sashtri A/c
To Sales A/c
5000
-
-
5000
Being Goods sold to Shastri of
Rs. 5,000/-.
He paid Rs. 1,000/- immediately
and give a cheque of Rs 3,000Receipt
To Sashtri A/c
By Cash A/c
By Bank A/c
-
3000
1000
4000
-
-
7 Purchase
To Kulkarni A/c
By Purchase A/c
-
8000
8000
-
Being Goods purchase from
Kulkarni of Rs. 8,000/-
8 Journal
By Free sample A/c
To Purchase A/c
500
-
-
500
Being Goods distributed as a free
sample of Rs. 500/-.
9 Sales
By Ashok A/c
To Sales A/c
5000
-
-
5000
Being Goods sold to Ashok of Rs
5,000
10 Payment
By Wife’s Loan A/c
To State Bank A/c
500
-
-
500
Being Paid wife's loan Rs 500/-
by cheque of State Bank
11 Receipt
To Ashok A/c
By Bank A/c
-
2000
2000
-
Being Received cheque from
Ashok Rs. 2,000/-
12
Credit
Note
To Ashok A/c
By Sales Return A/c
-
2000
2000
-
Being Goods return from Ashok
of Rs. 2,000/-
13 Payment
By Tata Co. Shares A/c
To Cash A/c
5000
-
-
5000
Being Bought a shares of Rs.
5,000/- of Tata & Co
14
Debit
Note
By Patil A/c
To Purchase Return A/c
3000
-
-
3000
Being Goods return to Patil of
Rs. 3,000/-.
15 Receipt
To Dividend 10% A/c
By Cash A/c
-
500
500
-
Being Dividend received on
shares at 10%
16 Payment
By Wife’s Loan A/c
To Cash A/c
500
-
-
500
Being Paid wife's loan Rs. 500/-
cash
17 Receipt
To Ashok A/c
By Bank A/c
-
2000
2000
-
Being Ashok gives a cheque of
Rs. 2,000/-
18 Payment
By Loan on Building A/c
To Cash A/c
5000
-
-
5000
Being Paid a Loan installation for
Loan on Bld. Rs. 5,000/-
19 Payment By Kulkarni A/c 4000 - Being Give a cheque of Rs

5. To Bank A/c - 4000 4,000/- to Kulkarni
20 Payment
By Outstanding Exp. A/c
To Cash A/c
10000
-
-
10000
Being Outstanding exp. were
paid in cash Rs 10,000/-
21 Journal
By Goods Lost by Fire A/c
To Purchase A/c
2000
-
-
2000
Being Goods lost by fire of Rs.
2,000/-
22 Sales
By Cash A/c
To sales A/c
8000
-
-
8000
Being Sold goods of Rs 8,000/-
in cash
23 Receipt
To Commission A/c
By Cash A/c
-
5000
5000
-
Being Commission received from
Tata Co Rs. 5,000
24 Payment
By wages A/c
To Cash A/c
500
-
-
500
Being Wages paid Rs 500/- on
cash.
25 Purchase
To Cash A/c
By Furniture A/c
-
2000
2000
-
Being Purchase a furniture of Rs
2,000/-
26 Payment
By Telephone A/c
To Cash A/c
1400
-
-
1400
Being Paid Telephone Bill Rs.
1400/-.
27 Payment
By wages A/c
To Cash A/c
150
-
-
150
Being Paid wages Rs 150/- in
cash.
28 Sales
By Cash A/c
To sales A/c
10000
-
-
10000
Being Sold goods worth Rs.
10,000/-
29 Purchase
To Cash A/c
By Computer A/c
-
30000
30000
-
Being Purchased a computer of
Rs. 30,000/- for office use
30 Journal
By Drawing A/c
To Furniture A/c
1000
-
-
1000
Being Mr. A took furniture of Rs.
1,000/- for personal use.
31 Journal
To Drawing A/c
By Cash A/c
500
-
-
500
Being Mr. C withdraw cash Rs
500 for to pay his LIC Premium.
32 Receipt
To Insurance Compensation
By Cash A/c
-
1000
1000
-
Being Received a compensation
of Rs. 1,000/- form Insurance Co
for goods lost by fire.
33 Payment
By Gold Loan A/c No 22/8
To Cash A/c
1000
-
-
1000
Being Paid Installment of Gold
loan a/c No. 22/8 Rs. 1000/-
34 Payment
By Gold Loan A/c No 22/10
To Cash A/c
1000
-
-
1000
Being Paid Installment of Gold
loan a/c No. 22/10 Rs. 1000/-
35 Journal
By Shah A/c
To Bad Debts A/c
1000
-
-
1000
Being The amt of Shaha is
provide a Bad debts (i.e.
Rs.1000/-)
36 Contra
To Bank Current A/c
By Bank Saving A/c
-
8000
8000
-
Being Cash transfer from Current
a/c to saving a/c Rs 8,000/-
37 Journal
By Sashtri A/c
To Bad Debts A/c
1500
-
-
1500
Being Make a provision for RDD
of Rs 1500/-
38 Journal
By Depreciation A/c
To Building A/c
3750
-
-
3750
Being provide a depreciation @
15% on Building for half year
39 Journal
By Depreciation A/c
To Furniture A/c
250
-
-
250
Being Provide a depreciation @
10% on furniture for half year.
40 Journal
By Depreciation A/c
To Computer A/c
1800
-
-
1800
Being Provide a depreciation @
12% on computer for half year
Solution for Problem No. 8
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Journal
By Cash A/c
By furniture A/c
To Ratan Loan A/c
To capital A/c
3000
400
-
-
-
-
1000
2400
Being Commenced business
with cash Rs. 3000/- (of which
1000/- Borrowed from Ratan
A/c) and Furniture Rs. 400/-
2 Purchase
To Kanchan A/c
By Purchase A/c
-
760
760
-
Being Purchased goods from
Kanchan Rs. 760/-
3 Sales
By Kanak A/c
To Sales A/c
440
-
-
440
Being Sold goods to Kanak
costing Rs. 440/-
4 Purchase
To Cash A/c
By Purchase A/c
-
500
500
-
Being Cash Purchased Rs. 500/-
5 Sales
To Cash A/c
By Sales A/c
-
100
100
-
Being Cash Sales Rs 100/-
6 Purchase
To Mr. Bali A/c
By Purchase A/c
-
500
500
-
Being Purchased Goods from
Mr. Bali Rs 500/-
7
Debit
Note
By Kanchan A/c
To Purchase Return A/c
50
-
-
50
Being Returned to Kanchan
goods worth Rs. 50/-

6. 8 Purchase
To Cash A/c
By Office Furniture A/c
-
100
100
-
Being Purchased Office
Furniture for Rs 100/-
9 Payment
By Kanchan A/c
To Cash A/c
710
-
-
710
Being Paid to Kanchan Rs. 710/-
10 Sales
By Kanak A/c
To Sales A/c
490
-
-
490
Being Invoiced goods to Kanak
Rs. 490/-
11
Receipt
To Kanak A/c
By Cash A/c
-
400
400
-
Being Kanak Paid Cash Rs.
400/- And
Returned goods of Rs 40/-Credit
Note
To Kanak A/c
By sales Return A/c
-
40
40
-
12 Purchase
To Kanchan A/c
By Purchase A/c
-
300
300
-
Being Purchased goods from
Kanchan Rs. 300/-
13
Debit
Note
To Kanchan A/c
By Purchase Return A/c
-
110
110
-
Being Returned Damaged goods
to Kanchan Rs 60/- and to ball
Rs. 50/-
14 Payment
By Salary A/c
To Cash A/c
1000
-
-
1000
Being Paid office Salary Rs
1000/-
15 Sales
By Kant A/c
To Sales A/c
100
-
-
100
Being Sold Goods to Kant Rs.
100/-
16 Receipt
To Kant A/c
By Cash A/c
-
10
10
-
Being Received Cash Rs 10/-
From Kant
17 Journal
By Rent A/c
To Kant A/c
100
-
-
100
Being Kant, who owes us Rs.
100/- pays rent Rs 100/- to our
landlord on our behalf
18 Payment
By Kanchan A/c
To Cash A/c
75
-
-
75
Being We paid Rs. 75/- To
Pandit, on instruction from our
creditors Kanchan on this behalf
19
Journal
By Depreciate A/c
To Furniture A/c
25
-
-
25
Being Depreciate 5% on
furniture
Journal
By RDD A/c
To Sundry Debtors A/c
600
-
-
600
Being Make Reserve for bad
debts 5% on sundry debtors
Solution for Problem No. 9
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Journal By Cash A/c
By Furniture A/c
By Building A/c
To Capital A/c
25000
20000
155000
-
-
-
-
200000
Being Business started with cash
Rs. 25,000/- , Furniture Rs
20,000/-, Building 1,55,000
2 Purchase
To Cash A/c
By Purchase A/c
-
10000
10000
-
Being Goods Purchased from
Mr. X for cash Rs 10000/-
3 Sales
By Cash A/c
To Sales A/c
15000
-
-
15000
Being Sold Goods to Mr. Y for
cash Rs 15000/-
4 Purchase
To Mandar A/c
By Purchase A/c
-
5000
5000
-
Being Goods purchased from
Mandar on credit Rs 5000/-
5 Sales
By Sanjay A/c
To Sales A/c
7000
-
-
7000
Being Goods sold to Sanjay on
credit Rs. 7000/-
6 Purchase
To Cash A/c
By Machinery A/c
-
10000
10000
-
Being Purchased machinery for
cash Rs. 10000/-
7 Contra
To Cash A/c
By Bank of India A/c
-
5000
5000
-
Being Opened a Bank A/c in
Bank of India with depositing
Rs. 5000/-
8 Journal
By Cash A/c
To Janata Bank A/c
25000
-
-
25000
Being Taken a loan from Janata
Bank Rs. 25000/-
9 Purchase
To Mr. X A/c
By Purchase A/c
-
10000
10000
-
Being Goods purchased from
Mr. X on credit 10,000/-
10 Sales
By Mr. Y A/c
To Sales A/c
15000
-
-
15000
Being Goods sold to Mr. Y on
credit Rs. 15000/-
11 Journal
By Bills Receivable A/c
To Mr. Y A/c
15000
-
-
15000
Being Received Bills
receivables from Mr. Y Rs
15000/-
12 Journal
By Mr. X A/c
To Bills Payable A/c
10000
-
-
10000
Being Issued Bills payables To
Mr. X Rs. 10000/-
13 Debit By Mandar A/c 1000 - Being Returned goods to

7. Note To Purchase Return A/c - 1000 Mandar Rs. 1000/-
14
Credit
Note
To Sanjay A/c
By Sales Return A/c
-
2000
2000
-
Being Received goods returned
from Sanjay Rs. 2000/-
15 Contra
To Bank A/c
By Cash A/c
-
2000
2000
-
Being Withdrawn from bank Rs
2000/-
16 Payment
By Salary A/c
By Wages A/c
To Cash A/c
4000
200
-
-
-
4200
Being Paid Salary Rs 4000/- &
Wages Rs 200/- in cash
17 Receipt
To Commission A/c
By Cash A/c
-
3000
3000
-
Being Received commission Rs.
3000/- in cash
18 Payment
By Electricity Charges A/c
To Bank A/c
1000
-
-
1000
Being Paid Electricity Charges
by Cheque Rs. 1000/-
Solution for Problem No. 10
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Contra
To Bank of India A/c
By Bank of Maharashtra A/c
-
5000
5000
-
Being Rs 5000 is transferred
from Bank of India Current
account to Bank of Maharashtra
cash credit account, by an
advice to bank of India
2 Contra
To Bank of India A/c
To Cash A/c
By Bank of Maharashtara
-
-
3500
2000
1500
-
Being A cheque of Rs 2000/-
issued from Bank of India And
Rs 1500/- in cash (total Rs
3500) Deposited in Bank of
Maharashtra cash credit account.
3 Payment
By Dolphin Services A/c
To Bank of India A/c
450
-
-
450
Being Paid "Dolphin Service"
courier charges by cheque
Rs.450/(ch. no 50221)
4 Payment
By Salary A/c
To Bank of India A/c
200
-
-
200
Being Paid salary Rs. 200/- by
cheque
5 Payment
By Generator Charges A/c
To Bank of India A/c
800
-
-
800
Being Monthly Generator
Charges for Rs.800/- paid to
Mohan by cheque
6 Receipt
To Commission A/c
By Bank of India A/c
-
1000
1000
-
Being Received commission of
Rs. 1000/- by cheque
7 Contra
To Bank of India A/c
By Cash A/c
-
2000
2000
-
Being Withdrawn from Bank of
India Rs.2000/-
8 Purchase
To Bank of India A/c
By Furniture A/c
-
5000
5000
-
Being Purchased Furniture of
Rs.5000/- & payment made by
cheque of Bank of India (ch.no.
56774)
9 Journal
By Bank of India A/c
To Printer A/c
5000
-
-
5000
Being Sold printer of Rs.5000/-
to M/s B. L Traders & payment
made by cheque of Bank of
India (ch no. 56789)
10 Receipt
To Lokmanya A/c
By Bank of India A/c
-
4500
4500
-
Being Received a cheque of
Rs.4500/-from M/s Lokmanya
Book Depot & Deposited in to
Bank of India (Ch No 123433)
11 Payment
By National Finance A/c
To Bank of India A/c
10000
-
-
10000
Being Issued a cheque of Rs.
10000/- in the name of "National
Finance" (Ch.No.443389, Bank of
India)

8. Solution for Problem No. 11
Sr.
No.
Voucher
Type
Particulars
Debit
Amount
Credit
Amount
Narration
1 Purchase
To Kulkarni A/c
By Purchase A/c
-
1000
1000
-
Being Purchased goods of Rs
1000 from Shri. Kulkarni,
Solapur
2 Purchase
To Cash A/c
By Purchase A/c
-
800
800
-
Being Purchased goods of Rs.
800 for cash from Shri. Sawant
3
Purchase To Aram Furniture A/c
By Furniture A/c
-
900
900
-
Being Purchased furniture for
office use from Aram Furniture
Works Worth Rs. 900 on Credit
4
Purchase To Shinde A/c
By Purchase A/c
To Discount A/c
-
1100
-
1045
-
55
Being Purchased goods of Rs.
1100 at trade discount of 5%
from Shri. Shinde
5
Purchase To Vikram Furniture A/c
By Furniture A/c
-
2000
2000
-
Being Purchased furniture for
Computer use from Vikram
Furniture Works worth Rs
2000/- on Credit
6
Purchase To Sawant A/c
By Purchase A/c
-
1500
1500
-
BeingPurchase goodsof Rs.1500
for credit from Shri. Sawant
7
Purchase To Rawat Brothers A/c
By Purchase A/c
-
3500
3500
-
Being Purchased goods of Rs.
3500/- for credit from Shri.
Rawat Brothers
8
Purchase To Doshi Traders A/c
By Purchase A/c
-
4500
4500
-
Being Purchased goods of Rs.
4500/- for credit from M/s Doshi
Traders
9 Sales
By Solankar A/c
To Sales A/c
By Discount A/c
1425
-
75
-
1500
-
Being Sold goods worth Rs.
1500 to Solanki at 5% trade
discount
10
Sales By Cash A/c
To Sales A/c
1000
-
-
1000
Being Sold goods of Rs. 1000/-
for cash to Kulkarni
11
Sales By Solanki A/c
To Sales A/c
1500
-
-
1500
Being Sold goods of Rs. 1500/-
to solanki of Ichalkaranji
12 Journal
By Kulkarrni A/c
By Typewriter A/c
1800
-
-
1800
Being Sold old Typewriter to
Kulkarui of Rs.1800/- on Credit
13 Journal
By Deshpande A/c
To Furniture A/c
1500
-
-
1500
Being Sold old furniture to
Deshpande for Rs 1500/- on
credit
14 Journal
By Cash A/c
To Old Machinery A/c
5500
-
-
5500
Being Sold old Machinery of
Rs. 5500 to cash to Mr. Kulkarni
15 Journal
By Mr. Raut A/c
To Old Printer A/c
1500
-
-
1500
Being Sold Old Printer of Rs
1500/- for Credit to Mr. Raut
16
Debit
Note
By Kulkarni A/c
To Purchase Return A/c
150
-
-
150
Being Returned goods of Rs 150
to Kulkarni of Solapur
17
Debit
Note
By Shinde A/c
To Purchase Return A/c
100
-
-
100
Being Returned goods of Rs.
100/- to shinde
18
Credit
Note
To Solanki A/c
By Sales Return A/c
-
150
150
-
Being Received goods of Rs
150/- returned by Solanki of
Ichalkaranji.
19
Credit
Note
To Deshpande A/c
By Sales Return A/c
-
350
350
-
Being Received goods of Rs.
350/- returned by Deshpanade
20
Debit
Note
By Vikram Furniture A/c
To Purchase Return A/c
175
-
-
175
Being Returned goods of Rs.
175/- to Vikram Furniture
Works
21
Debit
Note
By Rawat Brothers A/c
To Purchase Return A/c
100
-
-
100
Being Returned goods of Rs
100/- to Shri Rawat Brothers
22
Debit
Note
By Sawant A/c
To Purchase Return A/c
500
-
-
500
Being Returned goods of Rs.
500/- to Shri Sawant
23
Credit
Note
To Mr.Raut A/c
By Sales Return A/c
-
200
200
-
Being Received goods of Rs.
200/- returned by Mr. Raut
24
Debit
Note
By Doshi Traders A/c
To Purchase Return A/c
500
-
-
500
Being Returned defective goods
of Rs. 500 to M/s Doshi Traders