From the following transactions prepare necessary ledger accounts in the books of vinay and balance the same.
From the following transactions prepare necessary ledger accounts in the books of vinay and balance the same.
2019 Jan.
1. Started business with cash Rs. 10,000.
6. Bought goods from Vikas Rs. 3,000.
9. Sold goods to Bhushan Rs. 2,4000.
12. Paid to Vikas on account Rs. 1,600.
19. Received on account from Bhushan Rs. 1,000.
25. cash purchases Rs. 3,600.
30. Cash sales Rs. 5,000.
31. Paid wages Rs. 400.
Cash Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan.
1
To Capital A/c
10,000
2019
Jan.
12
By Vikas A/c
1,600
19
To Bhushan A/c
1,000
25
By Purchase A/c
3,600
30
To Sales A/c
5,000
31
By Wages A/c
400
31
By Balance c/d
10,400
16,000
16,000
Feb.
1
To Balance b/d
10,400
Vinay's Capital Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan.
31
To balance b/d
10,000
2019
Jan. 1
By cash A/c
10,000
10,000
10,000
Feb.
1
By Balance c/d
10,000
Purchase Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan. 6
To Vikas A/c
3,000
2019
25
To Cash A/c
3,600
Jan. 31
By Balance c/d
6,600
6,600
6,600
Feb. 1
To Balance b/d
6,600
Vikas Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan. 12
To Vikas A/c
1,600
2019
Jan.
6
By Purchase A/c
3,000
31
To Balance b/d
1,400
3,000
3,000
Feb.
1
By Balance c/d
1,400
Sales Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019Jan. 9
By Bhushan A/c
2,400
31
To Balance b/d
7,400
30
By Cash A/c
5,000
7,400
7,400
Feb. 1
By Balance c/d
7,400
Bhushan Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan.9
To Sales A/c
2,400
2019Jan.
19
By Cash A/c
1,000
31
By Balance c/d
1,400
2,400
2,400
Feb. 1
To Balance b/d
1,400
Wages Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019 Jan. 31
To cash A/c
400
2019 Jan. 31
By Balance c/d
400
400
400
Feb.1
To Balance b/d
400
From the following transactions prepare necessary ledger accounts in the books of vinay and balance the same.
2019 Jan.
1. Started business with cash Rs. 10,000.
6. Bought goods from Vikas Rs. 3,000.
9. Sold goods to Bhushan Rs. 2,4000.
12. Paid to Vikas on account Rs. 1,600.
19. Received on account from Bhushan Rs. 1,000.
25. cash purchases Rs. 3,600.
30. Cash sales Rs. 5,000.
31. Paid wages Rs. 400.
Cash Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan.
1
To Capital A/c
10,000
2019
Jan.
12
By Vikas A/c
1,600
19
To Bhushan A/c
1,000
25
By Purchase A/c
3,600
30
To Sales A/c
5,000
31
By Wages A/c
400
31
By Balance c/d
10,400
16,000
16,000
Feb.
1
To Balance b/d
10,400
Vinay's Capital Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan.
31
To balance b/d
10,000
2019
Jan. 1
By cash A/c
10,000
10,000
10,000
Feb.
1
By Balance c/d
10,000
Purchase Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan. 6
To Vikas A/c
3,000
2019
25
To Cash A/c
3,600
Jan. 31
By Balance c/d
6,600
6,600
6,600
Feb. 1
To Balance b/d
6,600
Vikas Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan. 12
To Vikas A/c
1,600
2019
Jan.
6
By Purchase A/c
3,000
31
To Balance b/d
1,400
3,000
3,000
Feb.
1
By Balance c/d
1,400
Sales Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019Jan. 9
By Bhushan A/c
2,400
31
To Balance b/d
7,400
30
By Cash A/c
5,000
7,400
7,400
Feb. 1
By Balance c/d
7,400
Bhushan Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019
Jan.9
To Sales A/c
2,400
2019Jan.
19
By Cash A/c
1,000
31
By Balance c/d
1,400
2,400
2,400
Feb. 1
To Balance b/d
1,400
Wages Account
Date
Particulars
J.F
Amt
Date
Particulars
J.F
Amt
2019 Jan. 31
To cash A/c
400
2019 Jan. 31
By Balance c/d
400
400
400
Feb.1
To Balance b/d
400
From the following transactions prepare necessary ledger accounts in the books of vinay and balance the same.
2019 Jan.
1. Started business with cash Rs. 10,000.
6. Bought goods from Vikas Rs. 3,000.
9. Sold goods to Bhushan Rs. 2,4000.
12. Paid to Vikas on account Rs. 1,600.
19. Received on account from Bhushan Rs. 1,000.
25. cash purchases Rs. 3,600.
30. Cash sales Rs. 5,000.
31. Paid wages Rs. 400.
Cash Account
Date | Particulars | J.F | Amt | Date | Particulars | J.F | Amt |
2019 Jan. 1 | To Capital A/c |
| 10,000 | 2019 Jan. 12 | By Vikas A/c |
| 1,600 |
19 | To Bhushan A/c |
| 1,000 | 25 | By Purchase A/c |
| 3,600 |
30 | To Sales A/c |
| 5,000 | 31 | By Wages A/c |
| 400 |
|
|
|
| 31 | By Balance c/d |
| 10,400 |
|
|
| 16,000 |
|
|
| 16,000 |
Feb. 1 | To Balance b/d |
| 10,400 |
|
|
|
|
Vinay's Capital Account
Date | Particulars | J.F | Amt | Date | Particulars | J.F | Amt |
2019 Jan. 31 | To balance b/d |
| 10,000 | 2019 Jan. 1 | By cash A/c |
| 10,000 |
|
|
| 10,000 |
|
|
| 10,000 |
|
|
|
| Feb. 1 | By Balance c/d |
| 10,000 |
Purchase Account
Date | Particulars | J.F | Amt | Date | Particulars | J.F | Amt |
2019 Jan. 6 | To Vikas A/c |
| 3,000 | 2019 |
|
|
|
25 | To Cash A/c |
| 3,600 | Jan. 31 | By Balance c/d |
| 6,600 |
|
|
| 6,600 |
|
|
| 6,600 |
Feb. 1 | To Balance b/d |
| 6,600 |
|
|
|
|
Vikas Account
Date | Particulars | J.F | Amt | Date | Particulars | J.F | Amt |
2019 Jan. 12 | To Vikas A/c |
| 1,600 | 2019 Jan. 6 | By Purchase A/c |
| 3,000 |
31 | To Balance b/d |
| 1,400 |
|
|
|
|
|
|
| 3,000 |
|
|
| 3,000 |
|
|
|
| Feb. 1 | By Balance c/d |
| 1,400 |
Sales Account
Date | Particulars | J.F | Amt | Date | Particulars | J.F | Amt |
|
|
|
| 2019Jan. 9 | By Bhushan A/c |
| 2,400 |
31 | To Balance b/d |
| 7,400 | 30 | By Cash A/c |
| 5,000 |
|
|
| 7,400 |
|
|
| 7,400 |
|
|
|
| Feb. 1 | By Balance c/d |
| 7,400 |
Bhushan Account
Date | Particulars | J.F | Amt | Date | Particulars | J.F | Amt |
2019 Jan.9 | To Sales A/c |
| 2,400 | 2019Jan. 19 | By Cash A/c |
| 1,000 |
|
|
|
| 31 | By Balance c/d |
| 1,400 |
|
|
| 2,400 |
|
|
| 2,400 |
Feb. 1 | To Balance b/d |
| 1,400 |
|
|
|
|
Wages Account
Date | Particulars | J.F | Amt | Date | Particulars | J.F | Amt |
2019 Jan. 31 | To cash A/c |
| 400 | 2019 Jan. 31 | By Balance c/d |
| 400 |
|
|
| 400 |
|
|
| 400 |
Feb.1 | To Balance b/d |
| 400 |
|
|
|
|
 |
| From the following transactions prepare necessary ledger accounts in the books of vinay and balance the same. |
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