DR 100000 To capital ac 100000 Being commenced business cash 02 Mar 17

Dr 100000 to capital ac 100000 being commenced

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Cash a/c ………….. DR 1,00,000 To capital a/c 1,00,000 [Being commenced business cash] 02-Mar-17 Purchased a/c …… DR 25,000 To cash a/c 25,000 [Being goods purchased
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for cash] 03-Mar-17 Furniture a/c ……… DR 6000 To cash a/c 6000 [Being furniture purchased for cash] 05-Mar-17 Purchase a/c ……. DR 5000 To Suresh a/c 5000 [Being goods purchased on credit] 07-Mar-17 Cash a/c …………DR 30,000 To sales a/c 30,000 [Being goods sold for cash] 10-Mar-17 Mahesh a/c ……….. DR 25,000 To sales a/c 25,000 [being goods sold on credit] 12-Mar-17 Suresh a/c ……….. DR 500 To purchase return 500 [Being goods purchased on credit returned] 13-Mar-17 Sales return a/c ……DR 500 To Mahesh a/c 500 [Being sold goods on credit return] 15-Mar-17 Suresh a/c ………… DR 4,500 To discount received a/c 50 To bank a/c 4,500 [Being paid full and final settlement for goods purchase in credit] 20-Mar-17 Bank a/c …………. DR 24,450 Discount allowed a/c DR 50 To Mahesh a/c 24,500 [Being received full and final settlement for goods sold on credit and also provided with a discount] 25-Mar-17 Drawing a/c ……… DR 2,500 To cash a/c 2,500 [Being cash withdrawn for personal expenses] 28-Mar-17 To rent a/c ………. DR 5,000 To salary a/c ……… DR 6,000 To bank a/c 11,000
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[Being rent and salary paid by bank] Ledger Accounts: Dr. Capital Account Cr. Date Particulars LF Amount Date Particulars LF Amount 01-Mar-17 By Cash 1,00,000.00 31-Mar-17 To Balance c/d 1,00,000.00 1,00,000.00 1,00,000.00 01-Apr-17 By Balance b/d 1,00,000.00 Dr. Purchase Account Cr. Date Particulars LF Amount Date Particulars LF Amount 02-Mar-17 To Cash 25,000.00 05-Mar-17 To Suresh A/c 5,000.00 31-Mar- 17 By Balance c/d 30,000.00 30,000.00 30,000.00 01-Apr-17 To Balance B/d 30,000.00 Dr. Furniture Account Cr. Date Particulars LF Amount Date Particulars LF Amount 02-Mar-17 To Cash 6,000.00 31-Mar- 17 By Balance c/d 6,000.00 6,000.00 6,000.00 01-Apr-17 To Balance b/d 6,000.00 Dr. Suresh Account Cr. Date Particulars LF Amount Date Particulars LF Amount 12-Mar-17 To Purchase Return A/c 500.00 05-Mar-17 By Purchases A/c 5,000.00
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15-Mar-17 To Discount Received A/C 50.00 15-Mar-17 To Bank 4,450.00 5,000.00 5,000.00 Dr. Sales Account Cr.
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