CBSE Class 11-commerce Answered
Book of Pratik Journal Entries |
|||||
Date |
Particulars |
L.F. |
Dr. Rs. |
Cr. Rs. |
|
i. |
Shareen A/c |
Dr. |
8,000 |
|
|
----------To Sales A/c |
8,000 |
||||
(Being goods sold on credit to Shareen) |
|
||||
ii. |
Bill Receivable A/c |
Dr. |
|
8,000 |
|
|
---------- To Shareen A/c |
|
|
|
8,000 |
|
(Being bill accepted by Shareen) |
|
|
|
|
iii. |
Bill Sent for Collection A/c |
Dr. |
|
8,000 |
|
|
---------- To Bill Receivable A/c |
|
|
|
8,000 |
|
(Being bill sent to the bank for collection) |
|
|
|
|
iv. |
Bill Receivable A/c |
Dr. |
|
8,000 |
|
|
---------- To Bill Sent for Collection A/c |
|
|
|
8,000 |
|
(Being bill sent to the bank for collection dishonoured) |
|
|
|
|
v. |
Cash A/c |
Dr. |
|
2,000 |
|
|
---------- To Shareen A/c |
|
|
|
2,000 |
|
(Being ¼th of the amount received from Shareen) |
|
|
|
|
vi. |
Shareen A/c |
Dr. |
|
180 |
|
|
---------- To Interest A/c (6000 × 12% × 3/12) |
|
|
|
180 |
|
(Being interest charged to Shareen) |
|
|
|
|
vii. |
Bills Receivable A/c |
Dr. |
|
6,180 |
|
|
---------- To Shareen A/c |
|
|
|
6,180 |
|
(Being new bill accepted by Shareen) |
|
|
|
|
viii. |
Shareen A/c |
Dr. |
|
6,180 |
|
|
---------- To Bills Receivable A/c |
|
|
|
6,180 |
|
(Being new bill dishonoured) |
|
|
|
|
ix. |
Cash A/c |
Dr. |
|
2,472 |
|
|
Bad Debts A/c |
Dr. |
Answered by | 16 Aug, 2016, 04:23: PM CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 16 Aug, 2016, 02:23: PM
ANSWERED BY EXPERT
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