25,000
March 15 Bought goods for Cash
10,000
March 18 Sold goods for Cash
20,000
March 25 Paid to Raj
8,000
March 31 Paid for Salary
5,000
From the following transactions, prepare Purchase Account and find out the
Balance-
2017
January 1 Bought goods for Cash
30,000
January 8 Bought goods on Credit from Tapan
15,000
January 10 Withdrew goods for personal use
2,000
January 15 Goods given as free sample
3,000
January 20 Goods lost by fire
4,00
[ Ans. Dr. Balance 36,000
In the books of M/s Aman & Bros., prepare Purchase Account an
balance the same -
2017
Answers
hi
Double Entry Book Keeping Ts Grewal 2019 Solutions for Class 11 Commerce Accountancy Chapter 6 Ledger are provided here with simple step-by-step explanations. These solutions for Ledger are extremely popular among Class 11 Commerce students for Accountancy Ledger Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Double Entry Book Keeping Ts Grewal 2019 Book of Class 11 Commerce Accountancy Chapter 6 are provided here for you for free. You will also love the ad-free experience on Meritnation’s Double Entry Book Keeping Ts Grewal 2019 Solutions. All Double Entry Book Keeping Ts Grewal 2019 Solutions for class Class 11 Commerce Accountancy are prepared by experts and are 100% accurate.
Page No 9.25:
Question 1:
On 1st April, 2019, Mohit, Delhi started business with a capital of ₹ 50,000. He made the following transactions during the month of April:
2019 ₹
April 3 Purchased goods from Rita, Delhi on credit for 20,000
April 4 Cash paid to Rita 10,000
April 6 Goods sold to Rohit, Chandigarh 25,000
April 8 Received cash from Rohit 20,000
April 12 Goods purchased from Rita 12,000
April 18 Cash paid to Rita 20,000
April 25 Goods sold to Rohit, Chandigarh 10,000
April 30 Received cash from Rohit 6,000
You are required to journalise the above transactions and show the respective Ledger accounts.
ANSWER:
Journal
Date
Particulars
L.F.
Debit
Amount
(₹)
Credit
Amount
(₹)
2019
Apr.01
Cash A/c
Dr.
50,000
To Capital A/c
50,000
(Business started with cash)
Apr.03
Purchases A/c
Dr.
20,000
To Rita
20,000
(Goods purchased from Rita on credit)
Apr.04
Rita
Dr.