Question No 02 Chapter No 9 – D.K Goal 11 Class

Question No 02 Chapter No 9

02. On 1st April 2015 the Position of Mr. Desai was a follows:
Cash 22,400; Sundry Debtors 1,20,000; Stock 1,50,000; Building 2,00,000; Machinery 1,45,000; Sundry Creditor 80,200; Bank (Cr.) 32,200 and Bills Payable 5,000
Pass the necessary opening entry and post the same in the ledger.

The solution of Question No 02 Chapter No 9: –

In the Books of Radhika Traders
Date	Particulars		L.F.	Debit	Credit
2019
	Cash A/c	Dr.		22,400
	Sundry Debtors A/c	Dr.		1,20,000
	Stock A/c	Dr.		1,50,000
	Building A/c	Dr.		2,00,000
	Machinery A/c	Dr.		1,45,000
	To Sundry Creditors A/c				80,200
	To Bank A/c				32,200
	To Bill payables A/c				5,000
	To Capital A/c				5,20,000
	(Being business started with cash)

 

Dr.	Cash A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		22,400
					By Balance c/d		22,400
			22,400				22,400

Dr.	Capital A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
					By Balance b/d		5,20,000
	To Balance c/d		5,20,000
			5,20,000				5,20,000

Dr.	Sundry Debtors A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		1,20,000
					By Balance c/d		1,20,000
			1,20,000				1,20,000

Dr.	Stock A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		1,50,000
					By Balance c/d		1,50,000
			1,50,000				1,50,000

Dr.	Building A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		2,00,000
				Mar. 31	By Balance c/d		2,00,000
			2,00,000				2,00,000

Dr.	Machinery A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
	To Balance b/d		1,45,000
					By Balance c/d		1,45,000
			1,45,000				1,45,000

Dr.	Sundry Creditor A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
					By Balance b/d		80,200
	To Balance c/d		80,200
			80,200				80,200

Dr.	Bank A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
					By Balance b/d		32,200
	To Balance c/d		32,200
			32,200				32,200

Dr.	Bill payable A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
					By Balance b/d		5,000
	To Balance c/d		5,000
			5,000				5,000

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D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

• Chapter 1 Evolution of Accounting & Basic Accounting Terms
• Chapter 2 Accounting Equations
• Chapter 3 Meaning and Objectives of Accounting
• Chapter 4 Double Entry System
• Chapter 5 Books of Original Entry – Journal 
• Chapter 6 Accounting for Goods and Service Tax (GST) (Coming soon)
• Chapter 7 Books of Original Entry – Cash Book (Coming soon)
• Chapter 8 Books of Original Entry – Special Purpose Subsidiary Books (Coming soon)
• Chapter 9 Ledger (Coming soon)
• Chapter 10 Trial Balance and Errors (Coming soon)
• Chapter 11 Bank Reconciliation Statement (Coming soon)
• Chapter 12 Depreciation (Coming soon)
• Chapter 13 Bills of Exchange (Coming soon)
• Chapter 14 Generally Accepted Accounting Principles(GAAP) 
• Chapter 15 Bases of Accounting
• Chapter 16 Accounting Standards and International Financial Reporting Standard(IFRS) (Coming soon)
• Chapter 17 Capital and Revenue 
• Chapter 18 Provisions and Reserves 
• Chapter 19 Final Accounts (Coming soon)
• Chapter 20 Final Accounts – With Adjustments (Coming soon)
• Chapter 21 Errors and their Rectification (Coming soon)
• Chapter 22 Accounts from Incomplete Records – Single Entry System (Coming soon)
• Chapter 23 Accounts of Not-for-Profit Organisations (Coming soon)
• Chapter 24 Computerised Accounting System (Coming soon)
• Chapter 25 Introduction to Accounting Information System (Coming soon)

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