Oct 1st Oct 1st Oct 1st Oct 1st Oct 1st

3rd 3rd 3rd 3rd 3rd

4th 4th 4th 4th 4th
5th 5th 5th 5th 5th
7th 7th 7th 7th 7th
9th 9th 9th 9th 9th
10th 10th 10th 10th 10th
11th 11th 11th 11th 11th
12th 12th 12th 12th 12th
14th 14th 14th 14th 14th
15th 15th 15th 15th 15th
16th 16th 16th 16th 16th
17th 17th 17th 17th 17th
18th 18th 18th 18th 18th
19th 19th 19th 19th 19th
20th 20th 20th 20th 20th

Prathamesh
Particulars Amt. A/c Type
Capital A/c Dr. 80000 Personal
To Cash A/c Cr. 80000 Real

Goods A/c Dr. 20000 Real

To Trade pay. Cr. 20000 Nominal

Sales A/c Dr. 25000 Real

To Tarl A/c Cr. 25000 Personal

Purchase A/c Dr. 25000 Real

To Cash A/c Cr. 25000 nominal

Sales A/c Dr. 15000 Real

To Cash A/c Cr. 15000 Nominal

Cash A/c Dr. 3000 Nominal

To Goods A/c Cr. 3000 Real

Capital A/c Dr. 3000 Personal

To Goods A/c Cr. 3000 Real
Tarl A/c Dr. 12000 Personal
To Cash A/c Cr. 12000 Nominal

Loan A/c Dr. 30000 Nominal

To Parl A/c Cr. 30000 Personal

Salary A/c Dr. 5000 Nominal

To Cash A/c Cr. 5000 Nominal

Stationary A/c Dr. 1000 Real

To cash A/c Cr. 1000 Nominal

Loan A/c Dr. 18000 Nominal

To Parl A/c Cr. 18000 Persoanl

Capital A/c Dr. 4000 Personal

To Interest Received Cr. 4000 Nominal
DATE Particular Rs
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

SOLUTION
JOURNAL ENTRIES
DATE PARTICULARS Amt DR Amt CR
1st oct Cash a/c dr 80000
To capital a/c 80000

3rd Good a/c dr 20000

to karl a/c 20000

4th Tarls a/c dr 25000

to goods a/c 25000

5th Purchases a/c dr 25000

to cash/bank a/c 25000

7th Cash a/c dr 15000

to sales a/c 15000

9th Karl a/c dr 2000

to goods a/c 2000
15000
10th furniture a/c dr 15000
 to cash/bank a/c

11th karl a/c dr 12000

To cash /bank a/c 12000

12th goods a/c dr 3000

to Tarl a/c 3000

14th Drawing a/c dr 3000

To stock a/c 3000

15th cash a/c dr 12000

To tarl a/c 12000

17th Salary a/c dr

To cash/bank a/c 5000
5000
18th Stationery a/c dr 1000
To cash/bank a/c 1000

19th Parls Loan a/c dr 18000

To cash 18000

20th cash/bank a/c dr 4000

To interest received 4000
Nov 10th : Mrs. Roy started business with 60,000
11th : Bought furniture from Modern Furniture for 10,000
12th : Purchased goods for cash 15,000
13th : Purchased goods from B. Sen & Co for 30,000
14th : Opened a bank account by depositing 16,000
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000 from Bharat Stationery Mart
18th : Sold goods to Zahir Khan for 10,000
19th : Bought machinery for 6,000 and payment made by cheque
20th : Goods returned by Zahir Khan for 2,000
21st : Payment to [Link] & Co by cheque 5,000
22nd : Withdrew from bank for personal use 3,000
23rd : Interest paid through cheque 2,000
24th : Withdrew from bank for office expenses 10,000
26th : Cheque received from Zahir Khan 5,000
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheque 5,000

JOURNAL ENTRIES
DATE Particulars Amt DR
10th Cash a/c dr 60000
To capital a/c

11th Furniture a/c dr 10000

To Cash a/c

12th Goods a/c dr 15000

To Cash a/c

13th Goods A/C dt 30000

to B sen & co

14th bank ac dr 16000

cash ac

16th cash a/c dr 15000

to goods a/c

17th Stationery a/c dr 1000

 to cash/bank a/c

19th machinery a/c dr 6000

to bank a/c

20th goods a/c dr 2000

to zakhir khan a/c

21st bank a/c dr 5000

to B sem & co

23rd Interest a/c dr 2000

to bank a/c

24th Cash a/c dr 10000

to bank A/c

26th bank a/c dr 5000

zakhir khan a/c

27th Electricity bill a/c dr 100

to cash a/c

29th cash a/c dr 6000

sales returns a/c

30th Bank a/c dr 5000

Commission received
 iture for 10,000

o for 30,000
ing 16,000

m Bharat Stationery Mart

ayment made by cheque

nses 10,000

Amt CR

60000

10000

15000

30000

16000

15000
 1000

6000

2000

5000

2000

10000

5000

6000

5000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

Nov 10th : Mrs. Roy started business with 60,000

11th : Bought furniture from Modern Furniture for 10,000
12th : Purchased goods for cash 15,000
13th : Purchased goods from B. Sen & Co for 30,000
14th : Opened a bank account by depositing 16,000
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000 from Bharat Stationery Mart
18th : Sold goods to Zahir Khan for 10,000
19th : Bought machinery for 6,000 and payment made by cheque
20th : Goods returned by Zahir Khan for 2,000
21st : Payment to [Link] & Co by cheque 5,000
22nd : Withdrew from bank for personal use 3,000
23rd : Interest paid through cheque 2,000
24th : Withdrew from bank for office expenses 10,000
26th : Cheque received from Zahir Khan 5,000
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheque 5,000
 iture for 10,000

o for 30,000
ing 16,000

m Bharat Stationery Mart

ayment made by cheque

nses 10,000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

Date Particulars Rs Debit Credit

1 Cash A/c Dr 80000
Capital A/c Cr 80000

3 Goods A/c Dr 20000

Karl A/C Cr 20000

4 Tarl A/c Dr 25000

Sales A/c Cr 25000

5 purchase A/c Dr 25000

cash A/c Cr 25000

7 Cash A/c Dr 15000

Sales A/c Cr 15000

9 Karl A/c Dr 2000

Goods A/c Cr 2000

10 Furniture A/c Dr
l of 80,000 Nov 10th : Mrs. Roy started business with 60,000
11th : Bought furniture from Modern Furniture for 10
12th : Purchased goods for cash 15,000
13th : Purchased goods from B. Sen & Co for 30,00
14th : Opened a bank account by depositing 16,000
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000 from Bharat S
18th : Sold goods to Zahir Khan for 10,000
19th : Bought machinery for 6,000 and payment ma
20th : Goods returned by Zahir Khan for 2,000
21st : Payment to [Link] & Co by cheque 5,000
22nd : Withdrew from bank for personal use 3,000
23rd : Interest paid through cheque 2,000
24th : Withdrew from bank for office expenses 10,0
26th : Cheque received from Zahir Khan 5,000
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheque 5,000
 siness with 60,000
m Modern Furniture for 10,000
or cash 15,000
om B. Sen & Co for 30,000
ount by depositing 16,000

ry for 1000 from Bharat Stationery Mart

Khan for 10,000
or 6,000 and payment made by cheque
Zahir Khan for 2,000
& Co by cheque 5,000
k for personal use 3,000
h cheque 2,000
k for office expenses 10,000
om Zahir Khan 5,000

ed by cheque 5,000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000
Date Particulars Dr. Cr.
1st Oct Cash A/C (Real A/c) 80000
To Capital A/C (Personal A/c) 80000

3rd Goods A/c (Real A/c) 20000

To Karl's A/c (Personal A/c) 20000

4th Tarl's A/c (Personal A/c) 25000

Sales A/c (Real A/c) 25000

5th Purchases A/c 25000

Cash A/c 25000

7th Sales A/c (Real A/c) 15000

Cash A/c 15000

9th Cash A/c 2000

Goods A/c 2000

10th Furniture A/c 15000

Cash A/c 15000

11th To Karl A/c 12000

Cash A/c 12000

12th Goods A/c (Returned) 3000

Tarl's A/c 3000

14th Neel's A/c 3000

Goods A/c 3000

15th Cash A/c 12000

Tarl's A/c 12000

16th Loan A/c 30000

Parl's A/c 30000

17th Salary A/c 5000

 Cash A/c 5000

18th Stationary A/c 1000

Purchase A/c 1000

19th Parl's A/c 18000

Loan A/c 18000

20th Cash A/c 4000

Interest A/c 4000

270000 270000
Oct 1st Neel started business with a capital of 80,000
3rd Bought goods from Karl on credit 20,000 Journal Entries
4th Sold goods to Tarl 25,000 Sr. No.
5th Cash purchases 25,000 1
7th Cash sales 15,000
9th Goods retuned to Karl 2,000
10th Bought furniture for 15,000 2
11th Cash paid to Karl 12,000
12th Goods returned by Tarl 3,000
14th Goods taken by Neel for personal use 3,000 3
15th Cash received from Tarl 12,000
16th Took loan from Parl 30,000
17th Salary paid 5,000 4
18th Bought stationery for 1,000
19th Amount paid to Parl on loan account 18,000
20th Interest received 4,000 5

10

11

12

13
 14

15

16

Nov 10th Mrs. Roy started business with 60,000

11th Bought furniture from Modern Furniture for 10,000
12th Purchased goods for cash 15,000
13th Purchased goods from B. Sen & Co for 30,000
14th Opened a bank account by depositing 16,000
16th Sold goods for cash 15,000
17th Purchased stationery for 1000 from Bharat Stationery Mart
18th Sold goods to Zahir Khan for 10,000
19th Bought machinery for 6,000 and payment made by cheque
20th Goods returned by Zahir Khan for 2,000
21st Payment to [Link] & Co by cheque 5,000
22nd Withdrew from bank for personal use 3,000
23rd Interest paid through cheque 2,000
24th Withdrew from bank for office expenses 10,000
26th Cheque received from Zahir Khan 5,000
27th Paid electricity bill for 100
29th Cash sales for 6,000
30th Commission received by cheque 5,000
ournal Entries
Date Entry Amount (Dr)
1 Oct CASH A/C (real ) 80000
TO CAPITAL A/C ( personal )

3 Oct GOODS A/C (real) 20000

TO KARL A/C (personal )

4 Oct TARL A/C (personal) 25000

TO GOODS A/C (real)

5 Oct PURCHASE A/C ( personal ) 25000

TO CASH A/C ( real)

7 Oct CASH A/C ( real) 15000

TO SALES A/C ( personal )

9 Oct KARL A/C (personal ) 2000

TO GOODS RETURN A/C ( real )

10 Oct FURNITURE A/C ( personal ) 15000

TO CASH A/C ( real )

11 Oct KARL A/C ( personal ) 12000

TO CASH A/C ( real )

12 Oct TARL A/C (personal ) 3000

TO GOODS RETURN A/C ( real)

14 Oct DRAWING A/C ( personal ) 3000

TO GOODS A/C ( real )

15 Oct CASH A/C (real ) 12000

TO TARL A/C ( personal)

16 Oct BANK A/C ( real ) 30000

TO PARL LOAN A/C ( personal )

17 Oct SALARY A/C ( nominal ) 5000

TO CASH A/C (real )
 18 Oct STATIONERY A/C (nominal ) 1000
TO CASH A/C ( real )

19 Oct PARL LOAN A/C ( personal ) 18000

TO BANK A/C ( real )

20 Oct CASH A/C ( real ) 4000

TO INTEREST RECIEVED A/C ( nominal)

TOTAL 270000

Journal Entries
DATE ENTRY AMOUNT (DR)
10 Nov CASH ( real ) 60000
TO CAPITAL A/C ( personal )

11Nov FURNITURE A/C ( reall ) 10000

TO CASH A/C ( real)

12 Nov PURCHASE A/C (personal ) 15000

TO CASH A/C ( real )

13 Nov PURCHASE A/C ( personal ) 30000

TO [Link]& CO A/C ( personal)

14 Nov 16000
TO BANK A/C ( real )

16 Nov CASH A/C ( real) 15000

TO SALES A/C ( personal )

17 Nov STATIONERY A/C ( nominal ) 1000

18 Nov ZAHIR KHAN A/C ( personal ) 10000

TO SALES A/C ( personal )

19 Nov MACHINERY A/C ( real ) 6000

TO BANK A/C ( real )
20 Nov GOODS/SALES RETURN A/C ( real) 2000
ZAHIR KHAN A/C ( personal )

21 Nov [Link] & CO A/C ( personal ) 5000

TO BANK A/C ( real )

22Nov DRAWINGS A/C ( personal ) 3000

TO BANK A/C (real)

23 Nov INTREST PAID A/C ( nominal ) 2000

TO BANK A/C ( real )

24 Nov OFFICE EXPENSE A/C (nominal ) 10000

TO BANK A/C (real )

26 Nov BANK A/C ( real ) 5000

TO ZAHIR KHAN A/C ( personal )

27 Nov ELECTRICITY BILL A/C ( nominal ) 100

TO CASH A/C ( real)

29 Nov CASH A/C ( real ) 6000

TO SALES A/C ( personal )

30 Nov BANK A/C ( real ) 5000

TO COMISSION RECIEVED A/C ( nominal)

TOTAL 201100
Amount (Cr)

80000

20000

25000

25000

15000

2000

15000

12000

3000

3000

12000

30000

5000
 1000

18000

4000

270000

AMOUNT (CR)

60000

10000

15000

30000

16000

15000

1000

10000

6000
 2000

5000

3000

2000

10000

5000

100

6000

5000

201100
Oct 1st : Neel started business with a capital of 80,000Date
3rd : Bought goods from Karl on credit 20,000 October 1st
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000 3rd
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000 4th
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000 5th
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000 7th
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000
9th

10th

11th

12th

14th

15th

16th

17th

18th
19th

20th
Particulars Lf. Debit Amt Credit Amt
Cash A/C Dr. 80,000
To Capital A/C 80,000
(Being amt bought into business by neel)
Purchases A/C Dr 20000
To Karl A/C 20000
(Being goods taken on credit)
Tarl A/C Dr. 25000
To sales A/C 25000
(Being goods sold to TArl)
Purchases A/C Dr 25000
To Cash A/C 25000
(Being goods purchased on cash)
Cash A/C Dr 15000
To sales A/C 15000
(Being goods sold on cash)
Karl A/C Dr 2000
To Purchase return 2000
(Goods returned)
Furniture A/C Dr 15000
To Cash A/C 15000
(Being Furniture Purchased)
Karl A/C Dr 12000
To Cash A/C 12000
(Being part amt paid to Karl)
Sales Return A/C Dr 3000
To Tarl A/C 3000
(Being goods returned by Tarl)
Drawings A/C Dr 3000
To Purchases A/C 3000
(Being goods taken for personal use)
Cash A/C Dr 12000
To Tarl A/C 12000
(Being Cash received from Tarl)
Cash A/C Dr 30000
To Parl A/C 30000
(Being Loan taken from Parl)
Salary A/C Dr 5000
To Cash A/C 5000
(Being salary Paid)
Stationary A/C Dr 1000
To Cash A/C 1000
(Being stationary purchased)
Parl A/C Dr 18000
To Cash A/C 18000
(Being part loan paid to Parl)
Cash A/C Dr 4000
To Interest A/C 4000
(Being interest received)
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

Journal Entry
Sr no. Date (October) Particular
1 1st Cash A/c Dr.
To capital A/c Cr.
( neel brought capital for firm)

2 3rd Goods/stock a/c Dr.

To Karl's a/c cr.
( goods brought from karl on credit)

3 4th cash a/c Dr.

To tarls a/c cr.
( Goods sold to Tarl)

4 5th Purchase a/c Dr.

To cash a/c cr.
( purchase made on cash)

5 7th Cash a/c Dr.

To sales a/c cr.
(sales made on cash)

6 9th Karl's a/c Dr.

 To goods a/c
( goods returned to karl)

7 10th furniture a/c Dr.

to cash a/c cr
( furniture brought on cash)

8 11th Karl's a/c Dr.

To cash a/c cr.
(cash paid to karl)

9 12th Goods a/c Dr.

To tarl a/c cr.
( goods return from tarl)

10 14th Drawings A/c Dr.

To goods a/c cr.
( goods taken by neel for personal use)

11 15th Cash a/c Dr

to tarl a/c cr.
( cash recived from tarl)

12 16th cash a/ c Dr.

To parl a/c cr.
( Took loan from parl)

13 17th Salaries a/c Dr.

To cash a/c cr.
( salaries paid)

14 18th stationary a/c Dr.

to cash a/c cr.
( stationery purchased)

15 19th parl loan a/c Dr.

to cash a/c
( loan amount paid)

16 20th cash a/c Dr.

To interest received a/c cr.
( being interest received)
 Entry
cular Amount Amount
80000
80000

20000
20000

25000
25000

25000
25000

15000
15000

2000
 2000

15000
15000

12000
12000

3000
3000

3000

3000

12000
12000

30000
30000

5000
5000

1000
1000

18000
18000

4000
4000
270000 270000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000
Nov 10th : Mrs. Roy started business with 60,000
11th : Bought furniture from Modern Furniture for 10,000
12th : Purchased goods for cash 15,000
13th : Purchased goods from B. Sen & Co for 30,000
14th : Opened a bank account by depositing 16,000
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000 from Bharat Stationery Mart
18th : Sold goods to Zahir Khan for 10,000
19th : Bought machinery for 6,000 and payment made by cheque
20th : Goods returned by Zahir Khan for 2,000
21st : Payment to [Link] & Co by cheque 5,000
22nd : Withdrew from bank for personal use 3,000
23rd : Interest paid through cheque 2,000
24th : Withdrew from bank for office expenses 10,000
26th : Cheque received from Zahir Khan 5,000
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheque 5,000
Date Particulars AMT Dr
Oct 1st Cash/Bank A/c 80000
Capital A/c

3rd Purschases A/c 20000

To Karls A/c

4th Tarl A/c 25000

To Sales A/c

5th Pursches A/c 25000

To Cash A/c

7th Cash A/c 15000

To Sales A/c

9th Karl A/c 2000

To Returns A/c

10th Furniture A/c 15000

To Bank A/c

11th Karl A/c 12000

To Cash A/c

12th Sales Return A/c 3000

To Tarl A/c

14th Drawings A/c 3000

To Sales A/c

!5th Cash A/c 12000

To Tarl

16th Loan A/c 30000

To Parl A/c

17th Salary A/c 5000

To Bank A/c

!8th Stationery A/c 1000

 To Bank A/c

19th Parl A/c 18000

To Loan A/c

20th Bank A/c 4000

Interest A/c

Date Particulars AMT Dr

Nov 10th Cash/Bank A/c 60000
To Capital A/c

11th Furniture A/c 10000

To Modern Furniture A/c

12th Pursches A/c 15000

To Cas A/c

13th Purschases A/c 30000

To BSen A/c

14th Bank A/c 16000

To Cash A/c

16th Cash A/c 15000

To Sales A/c

17th Stationnery A/c 1000

To Bharat Stationery Mart A/c

18th Zahir A/c 10000

To Sales A/c

19th Machinery A/c 6000

To Bank A/c

20th Sales Return A/c 2000

To Zahir A/c

21st B Sen A/c 5000

 To Bank A/c

22nd Drawings A/c 3000

To Bank A/c

23rd Interest Paid A/c 2000

To Bank A/c

24th Office Expenses A/c 10000

To Bank A/c

26th Bank A/c 5000

To Zahir A/c

27th Electricity Bill A/c 100

To Bank A/c

29th Cash A/c 6000

To Sales A/c

30th Bank A/c 5000

To Commission Received A/c

Total 201100
AMT Cr

80000

20000

25000

25000

15000

2000

15000

12000

3000

3000

12000

30000

5000
 1000

18000

4000

AMT Cr

60000

10000

15000

30000

16000

15000

1000

10000

6000

2000
 5000

3000

2000

10000

5000

100

6000

5000

201100
Oct 1st Neel started business with a capital of 80,000
3rd Bought goods from Karl on credit 20,000
4th Sold goods to Tarl 25,000
5th Cash purchases 25,000
7th Cash sales 15,000
9th Goods retuned to Karl 2,000
10th Bought furniture for 15,000
11th Cash paid to Karl 12,000
12th Goods returned by Tarl 3,000
14th Goods taken by Neel for personal use 3,000
15th Cash received from Tarl 12,000
16th Took loan from Parl 30,000
17th Salary paid 5,000
18th Bought stationery for 1,000
19th Amount paid to Parl on loan account 18,000
20th Interest received 4,000

Date Particulars Amount

Debit
Oct 1st Cash A/c - Real A/c 80000
To Capital A/c - Personal A/c
(Being capital invested)

Oct 3rd Purchase A/c - Real A/c 20000

To Karl A/c - Personal A/c
(Being credit purchases)

Oct 4th Tarl A/c - Personal A/c 25000

To Sales A/c - Real A/c
(Being goods sold)

Oct 5th Purchase Alc - Real A/c 25000

To Cash A/c - Real A/c
(Being cash purchases)

Oct 7th Cash A/c - Real A/c 15000

To Sales A/c - Real A/c
(Being cash sales)
Oct 9th Karl A/c - Personal A/c 2000
To Purchase Returned A/c
(Being goods returned)

Oct 10th Furniture A/c - Real A/c 15000

To cash A/c - Real Alc
(Being furniture purchased)

Oct 11th Karl A/c - Personal A/c 12000

To Cash A/c - Real A/c
(Being cash paid)

Oct 12th Sales Returned A/c - Real A/c 3000

To Tarl A/c - Personal Alc
(Being sales return)

Oct 14th Drawings - Personal A/c 3000

To Goods A/c - Real A/c
(Being goods withdrawn)

Oct 15th Cash A/c - Real A/c 12000

To Tarl - Personal A/c
(Being cash received)

Oct 16th Cash A/c - Real A/c 30000

To Parl's Loan A/c - Personal A/c
(Being loan taken)

Oct 17th Salary A/c - Nominal A/c 5000

To Cash A/c - Real A/c
(Being salary paid)

Oct 18th Stationary Ac - Nominal A/c 1000

To Cash A/c - Real A/c
(Being stationary purchased)

Oct 19th Parl's loan A/c - Personal A/c 18000

To Cash Alc - Real A/c
(Being amount paid)
Oct 20th Cash Alc - Real A/c 4000
To Interest Received Alc - Nomimal A/c
(Being interest received)

Nov 10th Mrs. Roy started business with 60,000

11th Bought furniture from Modern Furniture for 10,000
12th Purchased goods for cash 15,000
13th Purchased goods from B. Sen & Co for 30,000
14th Opened a bank account by depositing 16,000
16th Sold goods for cash 15,000
17th Purchased stationery for 1000 from Bharat Stationery Mart
18th Sold goods to Zahir Khan for 10,000
19th Bought machinery for 6,000 and payment made by cheque
20th Goods returned by Zahir Khan for 2,000
21st Payment to [Link] & Co by cheque 5,000
22nd Withdrew from bank for personal use 3,000
23rd Interest paid through cheque 2,000
24th Withdrew from bank for office expenses 10,000
26th Cheque received from Zahir Khan 5,000
27th Paid electricity bill for 100
29th Cash sales for 6,000
30th Commission received by cheque 5,000

Date Particulars Amount

Debit
Nov 10th Cash A/c - Real A/c 60000
To Capital A/c - Personal A/c
(Being capital invested)

Nov 11th Furniture A/c - Real A/c 10000

To Cash A/c - Real A/c
(Being furniture purchased)

Nov 12th Purchases A/c - Real A/c 15000

To Cash A/c-Real A/c
(Being goods purchased)
Nov 13th Purchases A/c - Real A/c 30000
To Cash Alc - Real A/c
(Being goods purchased)

Nov 14th Bank A/c - Real A/c 16000

To Cash A/c - Real A/c
(Being deposited in bank)

Nov 16th Cash Alc - Real A/c 15000

To Sales Alc - Real A/c
(Being goods sold)

Nov 17th Stationary A/c - Nominal A/c 1000

To Cash A/c - Real A/c
(Being stationary purchased)

Nov 18th Cash A/c - Real A/c 10000

To Sales A/c - Real A/c
(Being goods sold)

Nov 19th Machinery A/c - Real A/c 6000

To Bank A/c - Real A/c
(Being machinery purchased)

Nov 20th Sales Return A/c - Real A/c 2000

To Zahir Khan A/c - Personal A/c
(Being goods returned)

Nov 21st B. Sen & Co. A/c - Personal A/c 5000

To Bank A/c - Real A/c
(Being cheque paid)

Nov 22nd Drawings A/c - Personal A/c 3000

To Bank A/c - Real A/c
(Being withdrawn from bank)

Nov 23rd Interest Paid A/c - Nominal A/c 2000

To Bank A/c - Real A/c
(Being interest paid)
Nov 24th Office Expenses A/c - Nominal A/c 10000
To Bank A/c - Real A/c
(Being withdrawn from bank)

Nov 26th Bank A/c - Real A/c 5000

To Zahir Khan - Personal A/c
(Being cheque received)

Nov 27th Electricity Bill A/c - Nominal A/c 100

To Cash A/c - Real A/c
(Being electricity paid)

Nov 29th Cash A/c - Real A/c 6000

To Sales A/c - Real A/c
(Being cash sales)

Nov 30th Bank A/c - Real A/c 5000

To Commission Received A/c
(Being commission received)
Amount
Credit

80000

20000

25000

25000

15000
 2000

15000

12000

3000

3000

12000

30000

5000

1000

18000
 4000

Amount
Credit

60000

10000

15000
30000

16000

15000

1000

10000

6000

2000

5000

3000

2000
10000

5000

100

6000

5000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

Journal Enteries

Date (October) Particulars Amount Dr Amount Cr

1st Cash/Bank A/c 80000
Capital A/c 80000

2nd Purchases A/c 20000

To Karl A/c 20000

4th Tarl A/c 25000

To Sales 25000

5th Purchases A/c 25000 25000

To Cash A/c

7th Cash A/c 15000

To Sales A/c 15000

9th Karl A/c 2000

To Returns 2000

10th Furniture A/c 15000

To Cash/bank A/c 15000
11th Karl A/c 12000
To Cash A/c 12000

12th Sales Return A/c 3000

To Tarl A/c 3000

14th Drawings A/c 3000

To Neel / cash A/c 3000

15th Cash A/c 12000

To Tarl A/c 12000

16th Loan A/c 30000

To Parl A/c 30000

17th Salary A/c 5000

To Bank/Cash A/c 5000

18th Stationery A/c 1000

To Bank/Cash A/c 1000

19th Parl loan A/c 18000

To Cash A/c 18000

20th Bank A/c 4000

To Interest A/c 4000

Nov 10th : Mrs. Roy started business with 60,000

11th : Bought furniture from Modern Furniture for 10,000
12th : Purchased goods for cash 15,000
13th : Purchased goods from B. Sen & Co for 30,000
14th : Opened a bank account by depositing 16,000
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000 from Bharat Stationery Mart
18th : Sold goods to Zahir Khan for 10,000
19th : Bought machinery for 6,000 and payment made by cheque
20th : Goods returned by Zahir Khan for 2,000
21st : Payment to [Link] & Co by cheque 5,000
22nd : Withdrew from bank for personal use 3,000
23rd : Interest paid through cheque 2,000
24th : Withdrew from bank for office expenses 10,000
26th : Cheque received from Zahir Khan 5,000
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheque 5,000
Oct 1st :
3rd :
4th :
5th :
7th :
9th :
10th :
11th :
12th :
14th :
15th :
16th :
17th :
18th :
19th :
20th :
Nov 10th : Mrs. Roy started business with
11th : Bought furniture from Modern
12th : Purchased goods for cash 15,
13th : Purchased goods from B. Sen
14th : Opened a bank account by de
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000
18th : Sold goods to Zahir Khan for 1
19th : Bought machinery for 6,000 a
20th : Goods returned by Zahir Khan
21st : Payment to [Link] & Co by ch
22nd : Withdrew from bank for perso
23rd : Interest paid through cheque 2
24th : Withdrew from bank for office
26th : Cheque received from Zahir K
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheq

DATE Particulars
10th Cash a/c
To capital a/c

11th Furniture a/c

To Cash a/c

12th Goods a/c

To Cash a/c

13th Goods A/C

to B sen & co

14th bank ac
cash ac

16th cash a/c

to goods a/c

17th Stationery a/c

 to cash/bank a/c
18th cash/ bank ac
sales ac

19th machinery a/c

to bank a/c

20th sales return ac

to zhakhir khan ac
0
21st bank a/c
to B sem & co

23rd Interest a/c

to bank a/c

24th cash ac
to bankn ac

26th bank a/c

zakhir khan a/c

27th Electricity bill a/c

to cash a/c

29th cash a/c

sales returns a/c

30th Bank a/c

Commission received
 Date particular
1 cash ac
Neel started business with a capital of 80,000 capittal ac
Bought goods from Karl on credit 20,000 3 purchase ac
Sold goods to Tarl 25,000 karl ac
Cash purchases 25,000 4 tarl ac
Cash sales 15,000 sales ac
Goods retuned to Karl 2,000 5 purchase ac
Bought furniture for 15,000 cash ac
Cash paid to Karl 12,000 7 cash ac
Goods returned by Tarl 3,000 sales ac
Goods taken by Neel for personal use 3,000 9 karl ac
Cash received from Tarl 12,000 purchase return ac
Took loan from Parl 30,000 10 futniture ac
Salary paid 5,000 cash ac
Bought stationery for 1,000 11 karl ac
Amount paid to Parl on loan account 18,000 cash ac
Interest received 4,000 12 sales return ac
tarl ac
14 neel ac
drawing ac
15 cash ac
tarl ac
16 cash ac
parls loan ac
17 salary paid ac
cash
18 stationery ac
cash ac
19 parl loan ax
cash ac
20 cash ac
intrest received ac
 Roy started business with 60,000
ght furniture from Modern Furniture for 10,000
hased goods for cash 15,000
hased goods from B. Sen & Co for 30,000
ned a bank account by depositing 16,000
goods for cash 15,000
hased stationery for 1000 from Bharat Stationery Mart
goods to Zahir Khan for 10,000
ght machinery for 6,000 and payment made by cheque
ds returned by Zahir Khan for 2,000
ment to [Link] & Co by cheque 5,000
drew from bank for personal use 3,000
est paid through cheque 2,000
drew from bank for office expenses 10,000
que received from Zahir Khan 5,000
electricity bill for 100
h sales for 6,000
mmission received by cheque 5,000

Amt DR Amt CR
dr 60000
cr 60000

dr 10000
cr 10000

dr 15000
cr 15000

dt 30000
cr 30000

dr 16000
cr 16000

dr 15000
cr 15000

dr 1000
sh/bank a/c cr 1000
dr 10000
cr 10000

dr 6000
cr 6000

dr 2000
akhir khan ac cr 2000

dr 5000
cr 5000

dr 2000
cr 2000

dr 10000
cr 10000

dr 5000
cr 5000

ricity bill a/c dr 100

cr

dr 6000
s returns a/c cr 6000

dr 5000
mission received cr 5000
 Amt dr Amt cr
80000
80000
20000
20000
25000
25000
25000
25000
15000
15000
2000
hase return ac 2000
15000
15000
12000
12000
3000
3000
3000
3000
12000
12000
30000
30000
5000
5000
1000
1000
18000
18000
4000
st received ac 4000
0
Oct 1st :1 Neel started business with a capital of 80,000
3rd :2 Bought goods from Karl on credit 20,000
4th :3 Sold goods to Tarl 25,000
5th :4 Cash purchases 25,000
7th :5 Cash sales 15,000
9th :6 Goods retuned to Karl 2,000
10th :7 Bought furniture for 15,000
11th :8 Cash paid to Karl 12,000
12th :9 Goods returned by Tarl 3,000
14th :10 Goods taken by Neel for personal use 3,000
15th :11 Cash received from Tarl 12,000
16th :12 Took loan from Parl 30,000
17th :13 Salary paid 5,000
18th :14 Bought stationery for 1,000
19th :15 Amount paid to Parl on loan account 18,000
20th :16 Interest received 4,000
l of 80,000 Journal Entries
Sr. No. Date Entry
1 Oct 1st Cash A/c (Real A/c)
Capital A/c (Personal A/c)
Note: Business started with fresh capital

2 Oct 3rd Goods A/c (Real A/c)

To Karl A/c (Personal A/c)
Note: Goods purchased on credit from Karl

3 Oct 4th Cash A/c (Real A/c)

To Tarl A/c (Personal A/c)
Note: Goods sold to Tarl

4 Oct 5th Purchase A/c (Nominal A/c)

To Cash A/c (Real A/c)
Note: Purchases made in cash

5 Oct 7th Cash A/c (Nomical A/c)

To Sales A/c (Nomical Alc/)
Note: Sales made in cash

6 Oct 9th Karl A/c (Personal A/c)

To Goods A/c (Real A/c)
Note: Goods returned to Karl

7 Oct 10th Furniture A/c (Real A/c)

To Cash A/c (Real A/c)
Note: Furniture purchased

8 Oct 11th Karl A/c (Personal A/c)

To Cash A/c (Real A/c)
Note: Cash paid to Karl

9 Oct 12th Goods A/c (Real A/c)

To Tarl A/c (Personal A/c)
Note: Goods returned by Tarl

10 Oct 14th Drawings A/c (Personal A/c)

To Goods A/c (Real A/c)
 Note: Goods taken by Neel for personal use

11 Oct 15th Cash A/c (Real A/c)

To Tarl A/c (Personal A/c)
Note: Cash recieved from Tarl

12 Oct 16th Cash A/c (Real A/c)

To Loan (Parl) A/c (Personal A/c)
Note: Loan taken from Parl

13 Oct 17th Salaries A/c (Nominal A/c)

To Cash A/c (Real A/c)
Note: Salaries paid

14 Oct 18th Stationery expenses A/c (Nominal A/c)

To Cash A/c (Real A/c)
Note: Stationery purchased

15 Oct 19th Loan (Parl) A/c (Personal A/c)

To Cash A/c (Real A/c)
Note: Loan amount paid to Parl

16 Oct 20th Cash A/c (Real A/c)

To Interest recieved A/c (Nominal A/c)
Note: Interest recieved
Amount (Dr) Amount (Cr)
80,000
80,000

20,000
20,000

25,000
25,000

25,000
25,000

15,000
15,000

2,000
2,000

15,000
15,000

12,000
12,000

3,000
3,000

3,000
3,000
12,000
12,000

30,000
30,000

5,000
5,000

1,000
1,000

18,000
18,000

4,000
4,000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

Journal Entries in the books of Neel

Srno Date Particulars LF NO.

1 1st Oct Cash/bank A/c DR.

To Capital A/c

2 3rd Oct Stock A/c Dr

To Karl A/c

3 4th Oct Tarl A/c Dr

To Sale A/c

4 5th Oct Stock A/c Dr

To Cash

5 7th Oct Cash A/c Dr

 To Sales A/c

6 9th Oct Karl A/c Dr

To Stock A/c

7 10th Oct Furniture A/c Dr

To Cash/Bank A/c

8 11th Oct Karl A/c Dr

To Cash A/c

9 12th Oct Stock A/c Dr

To Tarl A/c

10 14th Oct Capital A/c Dr

To Stock A/c

11 15th Oct Cash A/c Dr

To Tarl A/c

12 16th Oct Cash/Bank A/c Dr

To Parl's Loan A/c

13 17th Oct Expense A/c Dr

To Cash A/c

14 18th Oct Expense A/c Dr

To Cash A/c

15 19th Oct Parl's Loan A/c Dr

To Cash/Bank A/c

16 20th Oct Cash A/c Dr

To interest received A/c
Amount(dr) Amount(cr)

80000
80000
20000
20000

25000
25000

25000
25000

15000
 15000
2000
2000

15000
15000

12000
12000

3000
3000

3000
3000

12000
12000

30,000
30,000

5000
5000
1000
1000

18000
18000

4000
4000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000
Nov 10th Mrs. Roy started business with 60,000
11th Bought furniture from Modern Furniture for 10,000
12th Purchased goods for cash 15,000
13th Purchased goods from B. Sen & Co for 30,000
14th Opened a bank account by depositing 16,000
16th Sold goods for cash 15,000
17th Purchased stationery for 1000 from Bharat Stationery Mart
18th Sold goods to Zahir Khan for 10,000
19th Bought machinery for 6,000 and payment made by cheque
20th Goods returned by Zahir Khan for 2,000
21st Payment to [Link] & Co by cheque 5,000
22nd Withdrew from bank for personal use 3,000
23rd Interest paid through cheque 2,000
24th Withdrew from bank for office expenses 10,000
26th Cheque received from Zahir Khan 5,000
27th Paid electricity bill for 100
29th Cash sales for 6,000
30th Commission received by cheque 5,000
Date particulars lf
01Oct20 CASH A/C DR
TO, CAPITAL A/C
(BEING CAPITAL BOUGHT TO BUSINESS)

3Oct20 PURCHASES A/C DR

TO,KARL A/C
(BEING GOODS PURCHSED ON CREDIT)

04Oct20 TARL A/C DR

TO SALES A/C
(BEING GOODS SOLD ON CREDIT )

5Oct20 PURCHASES A/C DR

TO, CASH A/C
(BEING GOODS PURCHASED)

07Oct20 CASH A/C DR

TO SALES A/C
(BEING GOODS SOLD)

09Oct20 KARL A/C DR

TO PURCHASE RETURNS A/C
(BEING GOODS RETURNED TO KARL)

10Oct20 FURNITURE A/C DR

TO CASH A/C
(BEING FURNITURE PURCHASED)

11Oct20 KARL A/C DR

TO, CASH A/C
(BEING CASH PAID TO KARL)

12Oct20 SALES RETURN A/C DR

TO TARL A/C
(BEING GOODS RETURNED BY TARL)

14Oct20 DRAWINGS A/C DR

TO STOCKA/C
(BEING GOODS TAKEN FOR PERSONAL USE)
 15Oct20 CASH A/C DR
TO TARL A/C
(BEING CASH RECEIVED FROM TARL)

16Oct20 CASH A/C DR

TO PARL LOAN A/C
(BEING LOAN TAKEN)

17Oct20 SALARY A/C DR

TO CASH A/C
(BEING SALARY PAID)

18Oct20 STATIONERY A/C DR

TO, CASH A/C
(BEING STATIONERY PURCHASED)

19Oct20 PARL LOAN A/C DR

TO CASH A/C
(BEING LOAN AMOUNT RETURNED)

20Oct20 CASH A/ C DR
TO INTEREST RECEIVED A/C
(BEING INTEREST RECEIVED)

DATE PARTICULARS
10Nov2020 CASH A/C DR
TO CAPITAL A/C
(BEING CASH BOUGHT INTO BUSINESS)

11Nov20 FURNITURE A/C DR

TO MORDERN FURNITURE A/C
(BEING FURNITURE PURCHASED ON CREDIT)

12Nov20 PURCHASES A/C DR

TO CASH A/C
(BEING GOODS PURCHASED)

13Nov20 PURCHASES A/C DR

 TO [Link] & CO A/C
(BEING GOODSPURCHASED ON CREDIT)

14Nov20 BANK A/C DR

TO CASH A/C
(BEING BANK A/C OPENED)

16Nov20 CASH A/C DR

TO , SALES A/C
(BEING GOODS SOLD)

17Nov20 STATIONERY A/C DR

TO BHARAT STATIONERY MART A/C
(BEING STATIONERY PURCHASED )

18Nov20 ZAHIR KHAN A/C DR

TO SALES A/C
(BEING GOODS SOLDON CREDIT)

19Nov20 MACHINERY A/C DR

TO , BANK A/C
(BEING MACHINERY PURCHASED )

20Nov20 SALES RETURN A/C DR

TO ZAHIR KHAN A/C
(BEING GOODS RETURNED BY ZAHIR )

21Nov20 [Link] & CO A/C DR

TO BNK A/C

22Nov20 DRAWINGS A/ C DR
TO BANK A/C

23Nov20 INTERESTA/ C DR
TO BANK A/C

24Nov20 OFFICE EXPENSES A/C DR

TO BANK A/C

26Nov20 BANK A/C DR

TO ZAHIRKHAN A/C
27Nov20 ELECTRICITY BILL A/C DR
TO CASH A/C

29Nov20 CASH A/C DR

TO, SALES A/C DR

30Nov20 BANK A/C DR

TO, COMMISION A/C
dr cr
80000
80000

20000
20000

25000
25000

25000
25000

15000
15000

2000
2000

15000
15000

12000
12000

3000
3000

3000
3000
 12000
12000

30000
30000

5000
5000

1000
1000

18000
18000

4000
4000

AMOUNT (DR.) AMOUNT (CR.)

60000
60000

10000
10000

15000
15000

30000
 30000

16000
16000

15000
15000

1000
1000

10000
10000

6000
6000

2000
2000

5000
5000

3000
3000

2000
2000

10000
10000

5000
5000
100
100

6000
6000

5000
5000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

Neel Personal 80000 CR

Cash Real 80000 DR
DT
Oct 1st DR CR
Cash A/C DR 80000
Capital A/C CR 80000

3rd Goods A/C DR 20000

Karl A/C CR 20000

4th Tarl DR 25000

Cash CR 25000

5th Purchase DR 25000

Cash CR 25000

7th Cash DR 15000

Sales 15000

9th
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

15th : Cash received from Tarl 12,000

16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000
Date Particular Debit Amount Credit Amount
1st Oct Cash A/C 80000 Real A/C
To Capital A/C 80000 Personal A/C

3rd Oct Purchase A/c 20000 Nominal A/C

To Karl A/c 20000 Personal A/C

4th Oct Tarl A/C 25000 Personal A/C

To Sales A/C 25000 Nominal A/C

5th Oct Purchase A/C 25000 Nominal A/C

To Cash A/C 25000 Real A/C

7th Oct Cash A/C 15000 Real A/C

To Sales A/C 15000 Nominal A/C

9th Oct Karls A/c 2000

To Purchase Return A/C 2000

10th Oct Furniture A/c 15000

To Cash A/c 15000

11th Oct Karl A/c 12000

To Cash A/c 12000

12th Oct Sales Return A/c 3000

To Tarl A/c 3000

14th Oct Drawings A/c 3000

To Sales A/c 3000

15th Oct Cash A/c 12000

To Tarl 12000

16th Oct Loan A/c 30000

To Parl A/c 30000

17th Oct Salary A/c 5000

To Bank A/c 5000
18th Oct Stationery A/c 1000
To cash 1000

19th Oct Parl A/c 18000

To Loan A/c 18000

20th Oct Cash A/c 4000

To Interest Received 4000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

Sr. no. Date Journal entries Amount Dr Amount Cr

1 1st oct Cash A/c... Dr. 80,000
To capital A/c 80,000

2 3rd oct Purchases A/c...Dr. 20,000

To Karl A/c 20,000

3 4th oct Tari A/c.. Dr 25,000

To Sales A/c 25,000

4 5th oct Purchases A/c... Dr.. 25,000

To cash A/c 25,000

5 7th oct Cash A/c.. Dr. 15,000

To sales A/c 15,000

6 9th oct Karl A/c.. Dr.. 2,000

To Purchases Return A/c 2,000

7 10th oct Furniture A/c.. Dr. 15,000

To Cash A/c 15,000

8 11th oct Karl A/c.. Dr.. 12,000

To Cash A/c 12,000
 9 12th oct Sales Return a/c.. Dr 3,000
To Tarl a/c 3,000

10 14th oct Drawings A/c.. Dr 3000

To capital A/c 3,000

11 15th oct Cash A/c.. Dr.. 12,000

To Tarl a/c 12,000

12 16th oct Loan A/c.. Dr 30,000

To Parl A/c 30,000

13 17th oct Salaries A/c.. Dr. 5,000

To Cash A/c 5,000

14 18th oct Stationery A/c... Dr. 1,000

To Cash A/c 1,000

15 19th oct Parl loan A/c.. Dr.. 18,000

To cashA/c 18,000

16 20th oct Cash A/c.. Dr.. 4,000

To interest A/c 4,000

Total 270,000 270000

Nov 10th : Mrs. Roy started business with 60,000

11th : Bought furniture from Modern Furniture for 10,000
12th : Purchased goods for cash 15,000
13th : Purchased goods from B. Sen & Co for 30,000
14th : Opened a bank account by depositing 16,000
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000 from Bharat Stationery Mart
18th : Sold goods to Zahir Khan for 10,000
19th : Bought machinery for 6,000 and payment made by cheque
20th : Goods returned by Zahir Khan for 2,000
21st : Payment to [Link] & Co by cheque 5,000
22nd : Withdrew from bank for personal use 3,000
23rd : Interest paid through cheque 2,000
24th : Withdrew from bank for office expenses 10,000
26th : Cheque received from Zahir Khan 5,000
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheque 5,000

Sr. no. Date Journal entries Amount Dr Amount Cr

1 Nov 10th Cash A/c.. Dr 60,000

To Capital A/c 60,000

2 Nov 11 Furniture A/c.. Dr 10,000

To Modern Furniture 10,000

3 Nov 12 Purchases A/c.. Dr 15,000

To Cash A/c 15,000

4 Nov 13 Purchases A/c... Dr 30,000

To [Link] & Co. 30,000

5 Nov 14 Bank deposit A/c.. Dr. 16,000

To Cash A/c 16,000

6 Nov 16 Cash A/c.. Dr. 15,000

To Sales A/c 15,000

7 Nov 17 Stationery A/c ... Dr 1,000

To Bharat Sationery Mart A/c 1,000

8 Nov 18 Zahir Khan A/c... Dr 10,000

To Sales A/c 10,000

9 Nov 19 Machinery A/c... Dr.. 6,000

To Bank Cheque A/c 6,000

10 Nov 20 Sales Return A/c... Dr 2,000

To Zahir Khan 2,000

11 Nov 21 B. sen & co. A/c.. Dr. 5,000

To Bank Cheque A/c 5,000
 12 Nov 22 Drawings A/c... Dr. 3,000
To Bank A/c 3,000

13 Nov 23 Bank Cheque A/c.. Dr. 2,000

To Interest A/c 2,000

14 Nov 24 Expenses A/c.. Dr. 10,000

To bank A/c 10,000

15 Nov 26 Bank cheque A/c... Dr 5,000

To Zahir Khan A/c 5,000

16 Nov 27 Expense (Electricity bill) A/c.. D 100

To Cash A/c 100

17 Nov 29 Cash A/c.. Dr.. 6,000

To Sales A/c 6,000

18 Nov 30 Commission A/c.. Dr 5,000

To Bank Cheque A/c 5,000

Total 201,100 201,100

onery Mart

by cheque
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000

Journal entries in t
Date Paticulars
Oct 1 Cash a/c dr
to capital a/c cr
Oct 3 goods a/c dr
to karl a/c dr
Oct 4 Goods a/c dr
to tarl a/c cr
Oct 5 Cash a/c dr
to bank a/c cr
Oct 7 Sales a/c dr
to cash a/c cr
Oct 9 Karl a/c dr
to goods received cr
Oct 10 Furniture a/c dr
to cash a/c cr
Oct 11 Cash a/c dr
to Karl a/c cr
Oct 12 Cash a/c dr
to goods a/c cr
Oct 14 drawings a/c dr
to cash a/c cr
Oct 15 Tara d/c dr
to cash a/c cr
Oct 16 Cash a/c dr
to Parl loan a/c cr
Oct 17 Salary a/c dr
to cash a/c cr
Oct 18 Stationary a/c dr
to cash a/c cr
Oct 19 parl a/c dr
to cash a/c cr
Oct 20 Cash a/c dr
to intrest received cr
l of 80,000

urnal entries in the books of Neel

Debit Credit
80000
80000
20000
20000
25000
25000
25000
25000
15000
15000
2000
2000
15000
15000
12000
12000
3000
3000
 3000
3000
12000
12000
30000
30000
5000
5000
1000
1000
18000
18000
4000
4000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000
Nov 10th : Mrs. Roy started business with 60,000
11th : Bought furniture from Modern Furniture for 10,000
12th : Purchased goods for cash 15,000
13th : Purchased goods from B. Sen & Co for 30,000
14th : Opened a bank account by depositing 16,000
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000 from Bharat Stationery Mart
18th : Sold goods to Zahir Khan for 10,000
19th : Bought machinery for 6,000 and payment made by cheque
20th : Goods returned by Zahir Khan for 2,000
21st : Payment to [Link] & Co by cheque 5,000
22nd : Withdrew from bank for personal use 3,000
23rd : Interest paid through cheque 2,000
24th : Withdrew from bank for office expenses 10,000
26th : Cheque received from Zahir Khan 5,000
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheque 5,000
l of 80,000 Journal Entry In Books Of Neel
DATE PARTICULARS Amount Amount
1 Oct Cash 80000
To Capital 80000

3 Oct Purchase A/c 20000

To Karl 20000

4 Oct Goods 25000

25000

5 Oct Purchase 25000

To Cash 25000

7 Oct Cash 15000

To Sales 15000

9 Oct Purchase 2000

To Karl 2000

10 Oct Furniture 15000

To Cash 15000

11 Oct Karl 12000

To Cash 12000

12 Oct Purchase Return 3000

To Tarl 3000

14 Oct drawing 3000

To Neel 3000

15 Oct Cash 12000

To tarl 12000

16 Oct Cash 30000

To Parl 30000

17 Oct Salary 5000

 To Cash 5000

18 Oct Stationery 1000

To Cash 1000

19 Oct Parl 18000

To Cash 18000

20 Oct Cash 4000

To Interest Received 4000
TOTAL 266000 266000

iture for 10,000

o for 30,000
ing 16,000

m Bharat Stationery Mart

ayment made by cheque

nses 10,000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000
Nov 10th : Mrs. Roy started business with 60,000
11th : Bought furniture from Modern Furniture for 10,000
12th : Purchased goods for cash 15,000
13th : Purchased goods from B. Sen & Co for 30,000
14th : Opened a bank account by depositing 16,000
16th : Sold goods for cash 15,000
17th : Purchased stationery for 1000 from Bharat Stationery Mart
18th : Sold goods to Zahir Khan for 10,000
19th : Bought machinery for 6,000 and payment made by cheque
20th : Goods returned by Zahir Khan for 2,000
21st : Payment to [Link] & Co by cheque 5,000
22nd : Withdrew from bank for personal use 3,000
23rd : Interest paid through cheque 2,000
24th : Withdrew from bank for office expenses 10,000
26th : Cheque received from Zahir Khan 5,000
27th : Paid electricity bill for 100
29th : Cash sales for 6,000
30th : Commission received by cheque 5,000
DATE Particulars Dr. Cr.
1st oct Cash A/c 80000
To Capital A/c 80000

3rd oct Goods A/c 20000

To Karl A/c 20000

4th oct Tarl A/c 25000

To Goods A/c 25000

5th oct Purchase A/c 25000

To Cash A/c 25000

7th oct Cash A/c 15000

To Sales A/c 15000

9th oct Purchase Return A/c 2000

To Goods A/c 2000

10th oct Cash A/c 15000

To Furniture A/c 15000

11th oct Cash A/c 12000

To Karl A/c 12000

12th oct Goods A/c 3000

To Sales Return A/c 3000

14th oct Drawings A/c 3000

To Capital A/c 3000

15th oct Tarl A/c 12000

To Cash A/c 12000

16th oct Cash A/c 30000

To Parl Loan A/c 30000

17th oct Salary A/c 5000

To Cash A/c 5000

18th oct Parl Loan A/c 18000

 To Cash A/c 18000

20th oct Cash A/c 4000

To interest received 4000

DATE Particulars Dr. Cr.

10th nov Cash A/c 60000
To Capital A/c 60000
11th nov Furniture A/c 10000
To Cash A/c 10000
12h nov Goods A/c 15000
To Cash A/c 15000
13th nov Goods A/c 30000
To B. Sen & Co. 30000
14th nov

16th nov Cash A/c 15000

To Goods A/c 15000
17th nov Goods A/c 1000
To Cash A/c 1000
18th nov Goods A/c 10000
To Cash A/c 10000
19th nov Machinery A/c 6000
To Bank A/c 6000
20th nov Cash A/c 2000
To Sales Return A/c 2000
21st nov B. Sen Co. 5000
To Bank A/c 5000
22nd nov Drawings 3000
To bank A/c 3000
23rd nov Interest A/c 2000
To Cash A/c 2000
24th nov Bank A/c
To
26th nov Bank A/c 5000
To Zakir Khan A/.c 5000
27th nov Electricity Bill A/c 100
To bank A/c 100
29th nov Cash A/c 6000
To Sales A/c 6000
30th nov Bank A/c 5000
To Commission received A/c 5000
Oct 1st : Neel started business with a capital of 80,000
3rd : Bought goods from Karl on credit 20,000
4th : Sold goods to Tarl 25,000
5th : Cash purchases 25,000
7th : Cash sales 15,000
9th : Goods retuned to Karl 2,000
10th : Bought furniture for 15,000
11th : Cash paid to Karl 12,000
12th : Goods returned by Tarl 3,000
14th : Goods taken by Neel for personal use 3,000
15th : Cash received from Tarl 12,000
16th : Took loan from Parl 30,000
17th : Salary paid 5,000
18th : Bought stationery for 1,000
19th : Amount paid to Parl on loan account 18,000
20th : Interest received 4,000
DATE Particulars Dr. Cr.
1st oct Cash A/c 80000
To Capital A/c 80000

3rd oct Goods A/c 20000

To Karl A/c 20000

4th oct Tarl A/c 25000

To Goods A/c 25000

5th oct Cash A/c 25000

To Purchase A/c 25000

7th oct Sales A/c 15000

To Cash A/c 15000

9th oct Purchase Return A/c 2000

To Goods A/c 2000

10th oct Cash A/c 15000

To Furniture A/c 15000

11th oct Cash A/c 12000

To Karl A/c 12000

12th oct Goods A/c 3000

To Sales Return A/c 3000

14th oct Drawings A/c 3000

To Capital A/c 3000

15th oct Tarl A/c 12000

To Cash A/c 12000

16th oct Loan A/c 30000

To Parl A/c 30000

17th oct Salary A/c 5000

To Cash A/c 5000

18th oct Cash A/c 18000

 To Parl A/c 18000

20th oct Parl Loan A/c 18000

To Cash A/c 18000

20th oct Cash A/c 4000

To interest received 4000
Oct 1st Neel started business with a capital of 80,000
3rd Bought goods from Karl on credit 20,000
4th Sold goods to Tarl 25,000
5th Cash purchases 25,000
7th Cash sales 15,000
9th Goods retuned to Karl 2,000
10th Bought furniture for 15,000
11th Cash paid to Karl 12,000
12th Goods returned by Tarl 3,000
14th Goods taken by Neel for personal use 3,000
15th Cash received from Tarl 12,000
16th Took loan from Parl 30,000
17th Salary paid 5,000
18th Bought stationery for 1,000
19th Amount paid to Parl on loan account 18,000
20th Interest received 4,000
Nov 10th Mrs. Roy started business with 60,000
11th Bought furniture from Modern Furniture for 10,000
12th Purchased goods for cash 15,000
13th Purchased goods from B. Sen & Co for 30,000
14th Opened a bank account by depositing 16,000
16th Sold goods for cash 15,000
17th Purchased stationery for 1000 from Bharat Stationery Mart
18th Sold goods to Zahir Khan for 10,000
19th Bought machinery for 6,000 and payment made by cheque
20th Goods returned by Zahir Khan for 2,000
21st Payment to [Link] & Co by cheque 5,000
22nd Withdrew from bank for personal use 3,000
23rd Interest paid through cheque 2,000
24th Withdrew from bank for office expenses 10,000
26th Cheque received from Zahir Khan 5,000
27th Paid electricity bill for 100
29th Cash sales for 6,000
30th Commission received by cheque 5,000
Date Particular Dr Cr
1st Oct Cash A/c 80,000
To Capital A/C 80,000

3rd Oct Goods A/C 20,000

To Karl A/C 20,000

4th Oct Tarl A/C 25,000

To Goods A/C 25,000

5th Oct Cash A/C 25,000

To Purchase A/C 25,000

7th Oct Sales A/C 15,000

To Cash A/C 15,000

9th Oct Purchase Return A/C 2,000

To Goods A/C 2,000

10th Oct Furniture A/C 15,000

To Cash A/C 15,000

11th Oct Karl A/C 12,000

To Cash A/c 12,000

`12th Oct Goods A/C 3,000

To Tarl A/C 3,000

14th Oct Drawings A/C 3,000

To Goods A/C 3,000

15th Oct Cash A/C 12,000

To Tarl A/C 12,000

16th Oct Cash A/C 30,000

To Parl A/C 30,000

17th Oct Salary A/C 5,000

To Cash A/C 5,000

18th Oct Stationery A/C 1,000

 To Cash A/C 1,000

19th Oct Parl Loan A/C 18,000

To Cash A/C 18,000

20th Oct Cash A/C 4,000

To Interest Receivable A/C 4,000

Date Particular Dr

10th Cash A/C 60,000

To capital A/C

11th Furniture A/C 10,000

To Cash A/C

12th Purchases A/C 15,000

To Cash A/C

13th Purchases A/C 30,000

To Cash A/C

14th Bank A/C 16,000

To Cash A/C

16th Cash A/C 15,000

To Goods A/C

17th Stationery A/C 1,000

To Cash A/C

18th Cash A/C 10,000

To Goods A/C

19th Machinery A/C 6,000

To Banl A/C

20th Goods A/C 2,000

To Cash A/C
21st [Link] A/C 5,000
To Bank A/C

22nd Drawings A/C 3,000

To Bank A/C

23rd Interest A/C 2,000

To Bank A/C

24th Cash A/C 10,000

To Bank A/c

26th
Cxr

60,000

10,000

15,000

30,000

16,000

15,000

1,000

10,000

6,000

2,000
 5,000

3,000

2,000

10,000
Date Particulars Dr. Cr.

Oct 1 Cash A/c dr 80000

To capital A/c 80000

Oct 3 purchase a/c dr 20000

To karl a/c 20000

Oct 4 Tarl a/c dr 25000

To sales a/c 25000

Oct 5 Purchases a/c dr 25000

To cash a/c 25000

Oct 7 sales a/c dr 15000

To cash a/c 15000

Oct 9 Karl's a/c dr 2000

To purchase return a/c 2000

Oct 10 Furniture a/c. dr 15000

To cash a /c 15000

Oct 11 Karl's a/c. dr 12000

To cash a /c 12000

Oct 12 Sales return a/c dr 3000

To Tarl's a/c 3000

Oct 14 Drawings a/c. dr 3000

To Neel a/c 3000

Oct 15 Cash a/c. dr 12000

To Tarl's a/c 12000

Oct 16 Cash a/c dr 30000

To parl' loan a/c 30000
Oct 17 Salary a/c. dr 5000
To cash a /c 5000

Oct 18 Stationary a/c dr 1000

To cash a /c 1000

Oct 19 Parl loan a/c. dr 8000

To cash a /c 8000

Oct 20 Cash a/c. dr 4000

To interest a/c 4000
Date Particulars Debit amt Credit amt
Oct 1 Cash A/c Dr. 80,000
To Neel's Capital A/c 80,000

3 Purchase A/c Dr. 20,000

To Karl's A/c 20,000

4 Tarl's A/c Dr. 25,000

To Sales A/c 25,000

5 Purchase A/c Dr. 25,000

To Cash A/c 25,000

7 Cash A/c Dr. 15,000

To Sales A/c 15,000

9 Karl's A/c Dr. 2,000

To Purchase Return A/c 2,000

10 Furniture A/c Dr. 15,000

To Cash A/c 15,000

11 Karl's A/c Dr. 12,000

To Cash A/c 12,000

12 Sales Return A/c Dr. 3,000

To Tarl's A/c 3,000

14 Drawings A/c Dr. 3,000

To goods withdrawn for personal use A/c 3,000

15 Cash A/c Dr. 12,000

To Tarl's A/c 12,000

16 Cash A/c Dr. 30,000

To Parl's Loan A/c 30,000

17 Salary A/c Dr 5,000

To Cash A/c 5,000
18 Stationery A/c D 1,000
To Cash A/c 1,000

19 Parl's Loan A/c D 18,000

To Cash A/c 18,000

20 Cash A/c D 4,000

To Interest A/c 4,000
Q1
Journal Entries
Sr. no Date Particulars
1 Oct 1 Cash Bank A/c.. Dr
To Capital A/c

2 Oct 3 Goods A/c..Dr

To Karl A/c

3 Oct 4 Cash A/c...Dr

To Tarl A/c

4 Oct 5 Goods A/c.. Dr

To Cash A/c

5 Oct 7 Cash A/c.. Dr

To Sales A/c

6 Oct 9 Karl A/c.. Dr

To Goods A/c

7 Oct 10 Furniture A/c.. Dr

To Cash A/c

8 Oct 11 Karl A/c...Dr

To Cash A/c

9 Oct 12 Goods Returned A/c...Dr

To Cash A/c

10 Oct 14 Drawings A/c.. Dr

To Neel

11 Oct 15 Cash A/c .. Dr

To Tarl A/c

12 Oct 16 Cash A/c.. Dr

To Parl A/c

13 Oct 17 Salaries A/c..Dr

To Cash A/c
 14 Oct 18 Stationery A/c.. Dr
To Cash A/c

15 Oct 19 Parl A/c .. Dr

To Cash A/c

16 Oct 20 Cash A/c...Dr

To Interest Recieved

Q2
Journal Entries
Sr. no Date Particulars
1 Nov 10 Cash A/c.. Dr (Real)
To Capital A/c (personal)

2 Nov 11 Furniture A/c.. Dr (Real)

To Cash A/c (Real)

3 Nov 12 Goods A/c.. Dr(Real)

To Cash A/c (Real)

4 Nov 13 Goods A/c..Dr (Real)

To Cash A/c (Real)

5 Nov 14 Bank A/c.. Dr (Personal)

To Capital A/c (Personal)

6 Nov 16 Cash A/c.. Dr (Real)

To Sales A/c (Real)

7 Nov 17 Stationery A/c...Dr (Nominal)

To Cash A/c (Real)

8 Nov 18 Cash A/c..Dr (Real)

To Sales A/c (Real)
 9 Nov 19 Machinery A/c..Dr (Real)
To Bank A/c (Personal)

10 Nov 20 Sales Return A/c...Dr (Real)

To Cash A/c (Real)

11 Nov 21 Goods A/c .. Dr (Real)

To Bank A/c (Personal)

12 Nov 22 Drawings A/c.. Dr (Personal)

To Bank A/c (Personal)

13 Nov 23 Interest A/c... Dr (Nominal)

To Bank A/c (Personal)

14 Nov 24 Office Expense A/c.. Dr (Nominal)

To Bank A/c (Personal)

15 Nov 26 Bank A/c... Dr (Personal)

To Sales (Real)

16 Nov 27 Electricity A/c.. Dr (Nominal)

To Cash A/c (Real)

17 Nov 29 Cash A/c.. Dr (Real)

To Sales A/c (Real)

18 Nov 30 Bank A/c .. Dr (Personal)

To commission A/c (Nominal)
al Entries
Debit Credit
80000
80000

20000
20000

25000
25000

25000
25000

15000
15000

2000
2000

15000
15000

12000
12000

3000
3000

3000
3000

12000
12000

30000
30000

5000
5000
 1000
1000

18000
18000

4000
4000

al Entries
Debit Credit
60000
60000

10000
10000

15000
15000

30000
30000

16000
16000

15000
15000

1000
1000

10000
10000
6000
6000

2000
2000

5000
5000

3000
3000

2000
2000

10000
10000

5000
5000

100
100

6000
6000

5000
5000