CBSE Class 11-commerce Answered
Book of Anil Journal Entries |
|||||
Date |
Particulars |
L.F. |
Dr. Rs. |
Cr. Rs. |
|
2015 |
|
|
|
||
Mar 01 |
Viren A/c |
Dr. |
|
25,000 |
|
|
---------- To Sales A/c |
|
|
|
25,000 |
|
(Being goods sold to Viren on credit) |
|
|
|
|
Mar 01 |
Bill Receivable A/c |
Dr. |
|
25,000 |
|
|
---------- To Viren A/c |
|
|
|
25,000 |
|
(Being bill accepted by Viren for 3 months) |
|
|
|
|
May 04 |
Cash A/c |
Dr. |
|
24,833 |
|
|
Rebate A/c |
Dr. |
|
167 |
|
|
---------- To Bill Receivable A/c |
|
|
|
25,000 |
|
(Being amount received and rebate allowed) |
|
|
|
|
Book of Viren Journal Entries |
|||||
Date |
Particulars |
L.F. |
Dr. Rs. |
Cr. Rs. |
|
2015 |
|
|
|
||
Mar 01 |
Purchases A/c |
Dr. |
|
25,000 |
|
|
---------- To Anil A/c |
|
|
|
25,000 |
|
(Being goods purchased from Anil on credit) |
|
|
|
|
Mar 01 |
Anil A/c |
Dr. |
|
25,000 |
|
|
---------- To Bills Payable A/c |
|
|
|
25,000 |
|
(Being acceptance of bill given to Anil) |
|
|
|
|
May 04 |
Bills Payable A/c |
Dr. |
|
25,000 |
|
|
---------- To Cash A/c |
Dr. |
|
|
24,833 |
|
---------- To Rebate A/c |
|
|
|
167 |
|
(Being bill retired under rebate) |
|
|
|
|