CBSE Class 11-commerce Answered

Date

Particulars

L.F.

Dr.

Rs.

Cr.

 Rs. 

2016

May 2

Interest to Loan A/c                             Dr.

4,000

To Cash A/c

4,000

(Being interest payment made on loan)

May 3

Cash A/c                                               Dr.

1,500

Bad Debts A/c                                      Dr.

1,500

To Ramesh A/c

3,000

(Being 50 paise in rupee received from Ramesh out of the debt of Rs.3,000 in full settlement)

May 4

Ranjan A/c                                            Dr.

6,300

To Bank A/c

6,300

(Being the cheque deposited into bank dishonoured) 

May 5

Furniture A/c                                         Dr.

5,000

To Purchases A/c

5,000

(Being the wood used in making office furniture)

May 21

Bad Debts A/c                                      Dr.

600

To Rama A/c

600

(Being the bad debts written off )

May 25

Building A/c                                          Dr.

4,300

To Bank A/c

4,300

(Being the goods purchased and payment made through cheque)