INDIAN SCHOOL, AL GHUBRA

ACCOUNTING WORKSHEET: GRADE 11i

2023-24
Double entry Accounting
NAME: ________________ DATE:__________

1.Business started with cash $125000

Purchased goods for cash $50000
Purchased furniture from RK Furniture $10000
Sold goods to Parul traders $9000
Paid cartage $100
Cash paid to RK Furniture in full settlement$9700
Cash sales $12000
Rent received $4000
Cash withdraw for personal use$3000.
Prepare Journal

2.Started Business with cash $100000

Paid Rent in advance $3000
Purchased goods for cash $50000 and credit $20000
Sold goods for cash $80000 costing $40000
Paid salary in cash $4500
Bought motor cycle for personal use $30000

Accounting equation

3.Sandeep started business with cash$100000

Purchased furniture for cash$5000
Purchased goods for cash$20000
Purchased goods on credit$36000

Page 1 of 2
Paid for rent$700
Goods costing $40000 sold

Prepare Journal

4.Manu started business with cash$50000

Bought furniture for $500
Purchased goods on credit$4000
Sold goods on cash$700
Received rent$200
Purchased goods for cash$1000
Withdrew for personal use$700
Paid to creditors$400
Paid to salaries$200
Prepare Journal

WHAT WENT WELL (WWW) :……………………………………………………………………………….

……………………………………………………………………………………………………………………

EVEN BETTER IF (EBI) :………………………………………………………………………………………

…………………………………………………………………………………………………………………….
SIGNATURE: ......................................

Page 2 of 2