Journal Entire in the books of Mr …….. As on Date……..

Date Particular LF Debit Credit

Amount Amount
12- Debit A/c Dr XXX
09- To Credit A/c XXX
22
(Being …………….explain above
transactions)
 Journal entries in the books of Prashant reddy pvt as 31/3/2020

Date Particular LF Debit Credit

Amount Amount
1/1/20 Rent A/c Dr 5,000
To Cash A/c 5,000
(Being Rent paid)

1/2/20 Salary A/c Dr 10,000

To Cash A/c 10,000
(Being Salary Paid)

6/1/20 Income tax A/c Dr 70,000

To Cash A/c 70,000
(Being Income tax paid)

10/1/2 Cash A/c Dr 25,000

0 To Commission A/c
(Being Commission Received) 25,000

Commission A/c Dr 10,000

12/1/2 To Cash A/c 10,000
0 (Being Commission paid)

Purchases A/c Dr 3,50,000

To Cash A/c 3,50,000
18/1/2 (Being Goods Purchased)
0

Cash A/c Dr 4,00,000

To sales A/c 4,00,000
(Being Good Sold)
31/1/2
0
Problem 2

Journal Entire in the books of Ananth As on Date 31/3/2019

Date Particular LF Debit Credit

Amount Amount
1/3/19 Cash A/C Dr 60,000
To Capital A/c 60,000
(Being Started business with capital)

2/3/19 Purchases (Furniture)A/c Dr 10,000

To cash A/c 10,000
(Being Furniture purchased)

4/3/19 Purchases A/c Dr 25,000

To Cash A/c 25,000
(Being Goods Purchased/Cash
Purchases)

5/3/19 Purchases A/C Dr 15,000

To Shiva Kumar 15,000
(Being Credit purchases)

10/3/1 Purchases A/C Dr 6,000

9 To Harsha A/c 6,000
(Being Credit Purchases)

Shiva Kumar A/C Dr 15,000

16/3/1 To Cash A/c 15,000
9 (Being cash paid to shiva kumar)

Purchases A/C Dr 8,000

To Cash A/c 8,000
18/3/1 (Being Cash Purchases)
9

Rent A/C Dr 1,000

To Cash A/c 1,000
(Being Rent Paid)
20/3/1
9
 Journal Entire in the books of Miss Sowjanya As on Date 31-01-2018

Date Particular LF Debit Credit

Amount Amount
1/01/201 Cash A/C Dr 80000
8 To Capital A/C 80000
(Being Commencing Business)

2/01/201 Bank A/C Dr 40000

8 To Cash A/C 40000
(Being deposit cash)

Purchases A/C Dr 5000

To Cash A/C 5000
3/01/201 (Being cash purchases)
8
Purchases A/C Dr 10000
To Keerthana A/C 10000
(Being credit purchases)
4/01/201
8 Cash A/C Dr 11000
To Sales A/C 11000
(Being goods sold to Padmini)

5/01/201 Salary A/C Dr 5000

8 To Cash A/C 5000
(Being Salary paid)

Keerthana A/C Dr 10000

6/01/201 To Bank A/C 10000
8 (Being cash paid to Keerthana)

Purchases A/C Dr 4000

To Cash A/C 4000
7/01/201 (Being furniture purchased)
8

Electricity A/C Dr 1000

To Cash A/C 1000
(Being electricity charges paid )
8/01/201
8
9/01/201
8

Journal Entire in the books of Mr suman food processing llp …….. As on Date 31/03/2021

Date Particular LF Debit Credit

Amount Amount
01/04/2020 Rent A/C Dr 5,000
To cash A/C 5,000

(Being Rent paid)

05/05/2020 Salaries A/C Dr 10,000

To Cash A/C 10,000
(Being salaries Paid)

06/06/2020 Drawings A/C Dr 50,000

To Cash A/C 50,000
(Being cash withdraw for personal
use)
70,000
09/07/2020 Income Tax A/C Dr 70,000
To Cash A/c
(Being IT paid)

12/08/2020 Cash A/C Dr 25,000

To Commission A/C 25,000
(Being commission received)

14/09/2020 Commission A/C Dr 10,000

To Cash A/c 10,000
(Being Commission paid)

14/10/2020 Computer A/C Dr 20,000

To Bank A/c 20,000
(Being Comp.Purchased)

15/11/2020 Purchase A/C Dr 50,000

To Cash A/C 50,000
(Being Goods Purchased)

19/02/2021 Cash A/C Dr 1,00,000

 To Sales A/C 1,00,000
(Being goods sold)

25/03/2021 Depreciation A/c Dr 50,000

To Cash A/c 50,000
(Being Depreciation paid)

Ledger Accounts

Rent Account

Dr Cr

Date J Particulars Amount Date JF Particulars Amount

F ( ₹) ( ₹)
1/4/20 To Cash A/c 5,000 31/3/21 By Balance C/D 5,000

Total 5,000 Total 5,000

Cash Account

Dr Cr

Date JF Particulars Amount Date JF Particulars Amount

(₹) (₹)
12/8/2 To 1/4/20 By Rent A/c 5,000
0 Commission 25,000 5/5/20 By Salary A/c 10,000
A/c 6/6/20 By Drawings A/c 50,000
To Sales 1,00,00 9/7/20 By Income Tax A/c 70,000
19/2/2 0 14/9/20 By Commission A/c 10,000
1 15/11/20 By Purchases A/c 50,000
TO Balance 25/3/21 By Depreciation A/c 50,000
C/D 1,20,00
31/3/2 0
 1

Total 2,45,00 Total 2,45,000

0

Salaries Account

Dr Cr

Date J Particulars Amount Date JF Particulars Amount

F ( ₹) ( ₹)
5/5/20 To Cash A/c 10,000 31/3/21 By Balance C/D 10,000

Total 10,000 Total 10,000

Drawings Account

Dr Cr

Date J Particulars Amount Date JF Particulars Amount

F ( ₹) ( ₹)
31/3/21 By Balance C/D 50,000
6/6/20 To Cash A/c 50,000

Total 50,000 Total 50,000

Income Tax Account

Dr Cr
 Date J Particulars Amount Date JF Particulars Amount
F ( ₹) ( ₹)
9/7/20 To Cash A/c 70,000 31/3/21 By Balance C/D 70,000

Total 70,000 Total 70,000

Commission Account

Dr Cr

Date JF Particulars Amount Date JF Particulars Amount

(₹) (₹)
14/9/2 To Cash A/c 10,000 12/8/20 By Cash A/c 25,000
0
To Balance 15,000
31/3/2 C/D
1

Total 25,000 Total 25,000

Computer Account

Dr Cr

Date JF Particulars Amount Date JF Particulars Amount

(₹) (₹)
14/10/2 To Bank A/c 20,000 31/3/21 By Balance C/D 20,000
0

Total 20,000 Total 20,000

 Bank Account

Dr Cr

Date JF Particulars Amount Date JF Particulars Amount

( ₹) (₹)
14/10/20 By Computer A/c 20,000
31/3/2 To Balance 20,000
1 C/D

Total 20,000 Total 20,000

Purchases Account

Dr Cr

Date JF Particulars Amount Date JF Particulars Amount

(₹) (₹)
15/11/2 To Cash A/c 50,000 31/3/21 By Balance C/D 50,000
0

Total 50,000 Total 50,000

Sales Account

Dr Cr

Date JF Particulars Amount Date JF Particulars Amount

( ₹) (₹)
31/3/2 To Balance 1,00,000 19/2/21 By Cash A/c 1,00,000
1 C/D
 Total 1,00,000 Total 1,00,000

Depreciation Account

Dr Cr

Date JF Particulars Amount Date JF Particulars Amount

(₹) (₹)
25/3/2 To Cash A/c 50,000 31/3/21 By Balance C/D 50,000
1

Total 50,000 Total 50,000

Trial Balance in the books of Durgasai Pvt Ltd as 31/3/2021

Particulars Debit Amount Credit Amount

(₹) (₹)
Cost of goods sold 5,20,000
Stock 50,000
Salaries & Wages 50,000
Sales - 8,00,000
Plant & Machinery 2,00,000
Drawings 50,000
Investments 4,30,000
Creditors 1,00,000
Capital 4,00,000

13,00,000 13,00,000