- The document contains details of various accounting transactions recorded through journal entries in the books of different proprietorship businesses. It includes transactions related to capital introduction, purchases, sales, payments, receipts and other expenses. - The transactions are recorded in the debit and credit columns along with brief narration describing the nature of each transaction. Multiple journal entries are provided as solutions to different accounting 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Being cash Withdrawn for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Being withdrawn from bank of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