Thursday, January 21, 2016

JOURNAL ENTRIES IN THE BOOKS OF RAMESH

Journal Entries in the Books of Ramesh

JOURNAL ENTRIES IN THE BOOKS OF RAMESH

Name Page No. 7
Date Particulars LF Debit Credit
? 1. Ganesh’s A/c …. Dr. 20000
To Sales A/c 20000
[Being the goods are sold]
2. Bills Receivable A/c …. Dr. 20000
To Ganesh’s A/c 20000
[Being the bill is drawn]
3. Ganesh’s A/c …. Dr. 20000
To Bills Receivable A/c 20000
[Being the bill is dishonoured]
4. Ganesh’s A/c ….. Dr. 200
To Interest A/c 200
[Being the interest is charged]
5. Cash A/c …. Dr. 10000
To Ganesh ‘s A/c 10000
[Being the part payment is made]
6. Bills Receivable A/c …. Dr. 10200
To Ganesh’s A/c 10200
[Being the new bill is drawn along with interest]
7. Bank A/c …. Dr. 9900
Rebate A/c ….Dr. 300
To Bills receivable A/c 10200
[Being the new bill is retired]

Past Board Papers & Solutions

-
Labels:

21 comments:

  1. Unknown04 March, 2019 15:40

    In entry no. 7 it should be 9900

    ReplyDelete
  2. Prem Kaniki05 March, 2019 18:59

    Entry no 7 is wrond it is not 9500

    ReplyDelete
  3. Abhishek Chaurasiya05 March, 2019 19:44

    Yaa It's Worng

    ReplyDelete
  4. Unknown26 November, 2019 07:58

    Entry no. 7 is wrong sir

    ReplyDelete
  5. Unknown11 December, 2019 20:45

    Ya ya

    ReplyDelete
  6. PRATS KING17 December, 2019 20:54

    In entry of 7th no. There will 9900 amount

    ReplyDelete
  7. Xyzzz31 January, 2020 19:53

    9900 hai

    ReplyDelete
  8. Unknown05 February, 2020 00:00

    Can we write 5th and 6th as combined entry?

    ReplyDelete
  9. Unknown08 February, 2020 10:22

    I think they can be combined.

    ReplyDelete
  10. Unknown12 February, 2020 13:34

    can we pass
    cash a/c dr 10200
    to intrest 200
    to ganesh 10200

    ReplyDelete
    Replies
    1. Unknown16 February, 2020 11:17

      You can but to fetch more marks you should write separately

      Delete
  11. Anonymous28 February, 2020 20:26

    Yes u r right the 7 entry is wrong

    ReplyDelete
  12. Anonymous28 February, 2020 20:29

    It's 9900 only

    ReplyDelete

Subscribe to: Post Comments (Atom)