Accountancy, asked by nimish5266, 8 months ago

Questions: Prepare Journal Entries, Ledger, Trial balance, Trading A/c, Profit and Loss A/c and Balance Sheet.
1. Shyam started business with ₹ 1000000 in cheque.
2. Withdrawn cash from bank for official use ₹ 10000.
3. Bought furniture worth ₹ 10000, paid through cheque.
4. Bought inventory for ₹ 20000 from Mr X.
5. Paid carriage inward ₹ 1000, in cash.
6. Paid wages ₹ 2000, in cash.
7. Sold all the above goods to Mr Y for ₹ 25000.
8. Paid to Mr X, ₹ 5000 in cash.
9. Paid ₹ 10000 as commission to a sales person, in cheque.
10. Received Interest on amount deposited in bank ₹ 2500.
11. Paid misc. expenses of office ₹ 5000, in cheque.
12. Paid office rent ₹ 5000, in cheque.
13. Withdrawn cash from bank, ₹ 5000, for personal use.
14. Charged 10% depreciation on furniture.
Marks distribution (total 30 marks):
DHA 1 Journal Entries 5 marks
DHA 2 Ledger 5 marks
DHA 3 Trial Balance 5 marks
DHA 4 Trading A/c 5 marks
DHA 5 Profit & Loss A/c 5 marks
DHA 6 Balance Sheet 5 marks

Answers

Answered by vermavineeta1988
0

Answer:

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