Question

11. Prepare Rani’s A/c from the following details
2017
July 1 Credit balance of Rani’s A/c Rs. 50,000
15 Amount paid to Rani Rs. 10,000
18 Goods purchased from Rani on credit Rs. 8,000
20 Paid to Rani Rs. 23,250
Discount allowed by her Rs. 750
25 Goods purchased from Rani Rs. 5,000
12.Prepare the trial balance from the following balances of Prakash
as on 31st March,2017.
Capital Rs. 1,20,000 Rent received Rs. 5,800
Drawings Rs. 23,000 Computer Rs. 20,000
Loan Rs. 10,000 Salary Rs. 2,500
Sales Rs. 85,900 Building Rs. 1,10,000
Purchases Rs. 50,000 Stock Rs. 16,200
13. From the following transactions write up the Sales Day Book of M/s.Uma & Co., a stationery merchant
2017
Jan 1 Sold to Sathish & Co., on credit 35 reams of white paper@ Rs. 175 per ream.
2 Sold to Madhu & Co., on credit 13 dozen pens @ Rs. 470 per Dozen.
15 Sold to Priya & Co., on credit 18 drawing boards @ Rs. 130 per Drawing board.
14. Prepare Bills Receivable Book
2017 Sep 22 Acceptance received from Dhanam for Rs. 8,000 payable after 3 months.
2017 June 18 Acceptance received from Jothi for Rs. 15,000 payable after 90 days.
15. State whether the balance of the following accounts should be placed in the debit or credit column of the trial balance.
a)Discount received b)Carriage outwards
c)Sales d)Purchases Return

Answer 1

Answer:

Rani account

dr. july cr

july 1 balance b/d 50000

15 :ash a/c. 10000. 18 purchase 8000

20 cash a/c. 23250

20 discount

received. 750

31 balance c/d. 24000

total. 58000. total. 58000

Trail balance

dr. cr

capital. 120000

rent received 5800

drawing. 23000

computer. 20000

loan. 10000

salary. 2500

sales. 85900

building. 110000

purchase. 50000

stock. 16200

total. 221700. 221700

question 15

discount received. credit

sales. credit

purchase return credit

carriage outward. debit

... sales book

amount

jan 1 Satish co.

35× 175 ==. 6125

jan.2 Madhu co.

13×470. 6110

priya co.

18×130. 2340

total. 14675