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  • Project File Class11 Acc

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    Kushagra Sen
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    The document provides a list of transactions from April 1-30 for a business called M/S Abhishek Traders dealing in furniture. It includes details of purchases, expenses, sales, receipts and payments made by cash, cheque or deposited/withdrawn from the bank that need to be recorded through journal entries and posted to the ledger.

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    Project File class11 acc

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    The document provides a list of transactions from April 1-30 for a business called M/S Abhishek Traders dealing in furniture. It includes details of purchases, expenses, sales, receipts and payments made by cash, cheque or deposited/withdrawn from the bank that need to be recorded through journal entries and posted to the ledger.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views1 page

    Project File Class11 Acc

    Uploaded by

    Kushagra Sen
    The document provides a list of transactions from April 1-30 for a business called M/S Abhishek Traders dealing in furniture. It includes details of purchases, expenses, sales, receipts and payments made by cash, cheque or deposited/withdrawn from the bank that need to be recorded through journal entries and posted to the ledger.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    D.S.

    B International Public School

    Project File

    Class: XITH ACCOUNTANCY

    Prepare Journal Entries from the following transaction in the books of M/S Abhishek Traders dealing
    in Furniture, post them into ledger….

    April 1: M/S Abhishek Traders started business with cash Rs 50,00,000.

    April 2: Cash deposited into the bank Rs 30,00,000.

    April 3: Goods purchased for cash Rs 8,00,000 at 25% trade discount.

    April 4: Machinery Purchased for cash Rs 5,50,000 and installation expenses paid Rs50,000.

    April 5: Computer purchased paid by cheque Rs 50,000.

    April 7: Carriage paid Rs 18,000.

    April 13: Investment purchased by cheque Rs 2,00,000.

    April 15: Amount paid to Dinesh & company by cheque Rs 4,00,000 and discount received 20,000.

    April 16: Furniture purchase for office use paid by cheque Rs 1,50,000.

    April 17: Cash withdrawn for personal use Rs 40,000.

    April 18: Cheque received from Mohit & Brothers Rs 8,00,000 and deposited into bank same day.

    April 22: Cash withdrawn from bank for office use Rs 1,00,000.

    April 23: Advertisement Expenses paid by cheque Rs 1,20,000.

    April 24: Insurance Premium paid Rs 20,000 by cheque.

    April 25: Goods sold to Mohit & brother in cash Rs 2,00,000.

    April 27: Commission received Rs 20,000.

    April 29: Depreciation charged on machinery Rs 5,000.

    April30: Bank Charged by bank Rs 5,000.

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