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CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
Name the process of transferring entries from the journal to their respective accounts in the ledger.
Asked by Topperlearning User
1st July 2016,
3:14 PM
CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
Journalise the following transactions and post them in their respective ledger accounts. 2016 Rs. May 2 Paid interest to Loan 4,000 May 3 Ramesh who owed Rs.3,000 has become insolvent. He pays 50 paise in rupee in full settlement. May 4 A cheque received from Ranjan deposited into bank was returned dishonored. 6,300 May 5 Wood used for making office furniture. 5,000 May 21 Due from Rama are bad debts. 600 May 25 Purchased building and issued cheque. 4,300
Asked by Topperlearning User
15th June 2016,
3:03 PM
CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
Post the following transactions in their respective ledger accounts. Date Rs. 2016 March 31 Stock at the end of the year 40,000 Salaries due to staff 8,500 Sold goods to Mohan 20,000 Purchased goods from Radha 10,000 Withdrawn from bank for private use 1,000 Placed in fixed Deposit Account at bank by transfer from current account. 6,000 Goods given as charity 5,000
Asked by Topperlearning User
15th June 2016,
2:55 PM
CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
Give a format of a ledger account and explain in detail.
Asked by Topperlearning User
15th June 2016,
2:51 PM
CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
Post the following transactions in their respective ledger accounts. 2016 Rs. May 2 A fire occurred in godown of Lina and she lost goods worth Rs.10,000. The stock was not insured. May 3 Lina took goods worth Rs.2,500 (cost) for her personal use. May 4 Paid Income Tax 4,000 May 5 Interest on capital 500
Asked by Topperlearning User
15th June 2016,
2:41 PM
CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
Post the following transactions in their respective ledger accounts. 2016 Rs. April 04 Stock at the end of the year 80,000 April 08 Paid for Stationery 100 April 10 Received cash from the railway in full settlement of claim for damaged in transit. 800 April 12 Rs.8,646 received from Divya and allowed him discount Rs.54 April 14 Sold 60 shares in Rs.17 per share, brokerage paid Rs.50 April 22 The auto rickshaw bought to deliver goods to customers 10,000
Asked by Topperlearning User
15th June 2016,
2:36 PM
CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
State any four points of difference between journal and ledger account.
Asked by Topperlearning User
15th June 2016,
2:28 PM
CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
State the importance of ledger.
Asked by Topperlearning User
15th June 2016,
2:28 PM
CBSE - XI Commerce - Accountancy Part I - Recording of Transactions - I
What is meant by ledger and its types?
Asked by Topperlearning User
15th June 2016,
2:28 PM
