Question

plz bata fo full solution follow kr dunga sare ans brailiest bana bus sahi ans bata do yr plz​

Answer 1

January 1

Cash A/c ... Dr. Rs. 2,00,000

Bank A/c ... Dr. Rs. 2,00,000

Furniture A/c ... Dr. Rs. 1,00,000

• To Capital A/c Rs. 5,00,000

(Being business started with cash, bank and furniture)

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January 2

Mohit A/c ... Dr. Rs. 1,00,500

• To machinery A/c Rs. 1,00,500

(Being machinery sold to Mohit on credit)

‎ ‎ ‎

January 5

Car A/c ... Dr. 10,00,000

• To cash A/c Rs. 4,00,000
• To bank A/c Rs. 6,00,000

(Being car purchased for cash and cheque)

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January 8

Bank A/c ... Dr. Rs. 75,000

• To Mohit's A/c Rs. 75,000

(Being cheque received from Mohit and deposited into bank)

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January 10

Furniture A/c ... Dr. Rs. 50,000

• To bank A/c Rs. 50,000

(Being furniture purchased from Ajay and paid by cheque)

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January 12

Cash A/c ... Dr. Rs. 25,000

Discount allowed A/c ... Dr. Rs. 500

• To Mohit's A/c Rs. 25,500

(Being received cash from Mohit in full settlement)

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January 13

Rent A/c ... Dr. Rs. 15,000

• To cash A/c Rs. 5,000
• To bank A/c Rs. 10,000

(Being rent paid by cash 5,000 and bank 10,000)

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January 15

Bank A/c ... Dr. Rs. 25,000

• To cash A/c Rs. 25,000

(Being cash deposited into bank)

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January 18

Wages A/c ... Dr. Rs. 2,000

Income tax paid A/c ... Dr. Rs. 1,000

Salary A/c ... Dr. Rs. 2,000

• To cash A/c Rs. Rs. 5,000

(Being wages, income tax and salary paid by cash)

‎ ‎ ‎

January 20

Bike A/c ... Dr. Rs. 2,00,000

• To cash A/c Rs. 70,000
• To bank A/c Rs. 80,000
• To Rohit's A/c Rs. 50,000

(Being bike purchased from Rohit and paid by bank & cash )

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Rules of debit and credit :-

$\large\boxed{ \begin{array}{l|c|c}\sf Account &\sf On \: increase &\sf On \: decrease \\&&\\\rm Asset&\rm Debit&\rm Credit\\\rm Expense&\rm Debit&\rm Credit\\\rm Liability &\rm Credit &\rm Debit\\\rm Revenue&\rm Credit &\rm Debit\\\rm Capital&\rm Credit &\rm Debit\end{array}}$

Answer 2

Answer:

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