DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH

Name : S. PADMA
Designation : Lecturer
Branch : D.C.C.P
Institute : S.G.M. Govt Polytechnic,
Abdullapurmet
Year/Semester : I Year
Subject : Accountancy-I
Subject Code : CCP-102
Topic : Ledger
Duration : 50 Mts
Sub Topic : Exercises On Ledger
Teaching Aids : PPT, Animations
CCP102.33 1
Objectives
After completion of this period, you will be
able to learn :
 Preparation of Ledger Account without
Journal Entries
 Preparation of Individual Ledger accounts

 Positioning entries in relevant ledger

accounts
 Balancing each ledger account

CCP102.33 2
Structure

 Opening of ledger accounts

 Postings into ledgers
 Balancing ledger accounts
 Summary
 Assignment

CCP102.33 3
Recap

 Already we have discussed preparation of Ledger

A/C in earlier class.

CCP102.33 4
Problem
Prepare satyam account from the following:
2000 Rs.
Jan 1 Amount due to Satyam 4,500
5 Cash purchases from Satyam 1,000

10 Goods bought from Satyam 2,000

15 Goods returned to Satyam 200
20 Cash paid to Satyam 2,000
25 Purchased goods for cash from Satyam 2,000
28 Bought goods from Satyam on credit 1,000
CCP102.33 5
 Satyam’s Account
Dr Cr

Date Particulars J Amt Date Particulars J Amt

F Rs F Rs
2000 2000
Jan15 To Pur.returns 200 Jan 1 By Balance b/d 4,500
20 To Cash a/c 2,000 10 By Goods a/c 2,000
31 To balance c/d 5,300 By Goods a/c 1,000
-------- 28 --------
7,500 7,500
------- --------
By balance b/d 5,300
Feb 1

CCP102.33 6
 Problem
From the following particulars write up the
account of Anand & Co.,:
2008 Rs.
Jan 1 Amount due from Anand & Co., 4,500
3 Goods sold to them 1,500

4 Goods returned by them 100

8 Cash purchases 500
14 Anand & Co., supplied Typewriter 1,400
31 Anand & Co., settled their account and
allowed discount 100

CCP102.33 7
 Anand & Co., Account
Dr Cr

Date Particulars J Amt Date Particulars J Amt

F Rs F Rs
2008 2008
Jan 1 To balance b/d 4,500 Jan 4 By Sales Returns a/c 100
3 To Goods a/c 1,500 14 By Typewriter a/c 1,400
31 By Discount a/c 100
By Balance c/d 4,400
------- -------
31
6,000 6,000
------- -------
Feb 1 To balance b/d
4,400

CCP102.33 8
Summary
 Preparation of Ledger Account without Journal
Entries
 Balancing the Ledger Account

CCP102.33 9
Frequently asked Questions

1. Give two examples showing the Posting from

Journal to Ledger?

• Specify any three reasons why the Ledger is

the principle book of account?

CCP102.33 10
Assignment :
Prepare Kartik Account from the Following

2000 Rs.
Jan 1 Amount due to Kartik 5,500
3 Cash purchases from Kartik 2,000

12 Goods bought from Kartik 3,000

17 Goods returned to Kartik 500

20 Cash paid to Kartik 6,000

25 Purchased goods for cash from Kartik 2,500
28 Kartik settled their account and allowed
discount 600
CCP102.33 11
Examination Problem (C-00 NOV,2006)
Prepare Reddy’s Account from the Following

1996 Rs.
Dec 2 Amount due from Reddy & Co., 3,000
4 sold goods to Reddy & Co., 400

6 Cash sales to Reddy & Co., 3,600

10 Reddy & Co., supplied us furniture 1,500
13 Returned goods to Rao & Co., 300
16 Goods returned by Reddy & Co., 100
18 Cash Purchases 1,800
20 Reddy & Co., settled their account and
discount allowed 40
CCP102.33 12
Thank You

CCP102.33 13