Question
What are ‘Books of Original Entry'?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
|
May 1
|
Balance of Cash in Hand ₹ 12,400; Bank Overdraft ₹ 36,000
|
|
May 3
|
Direct deposit by Mr. Ganesh in our bank account ₹ 10,000. Discount allowed ₹ 200
|
|
May 5
|
Issued a cheque of ₹ 7,700 to Mr. Suresh in full settlement of his account of ₹ 8,000
|
|
May 6
|
Received a cheque from X for ₹ 12,000. Discount allowed ₹ 500. This cheque was deposited into bank on 7th May
|
|
May 8
|
Received Cash ₹ 22,000 and cheque of ₹ 8,000 for cash sale
|
|
May 12
|
Cash sale ₹ 70,000 of which ₹ 55,000 banked
|
|
May 15
|
Cheque received on 8th May endorsed to Mr. Sunil. Discount received ₹ 150
|
|
May 20
|
Discounted a B/R of ₹ 10,000 at 1% through bank
|
|
May 24
|
Cheque received from X dishonoured, Bank debits ₹ 20 in respect of bank charges
|
|
May 25
|
Purchased goods for ₹ 50,000 at a trade discount of 10%. Payment was made in cash
|
|
May 26
|
Withdrew from bank ₹ 10,000 for office use and ₹ 2,000 for personal use
|
|
May 31
|
Interest debited by Bank ₹ 4,500
|
|
2019
|
Particular
|
₹
|
| Jan-1 | Bought Computer Mouse (4 Nos.) vide Cash Memo No. 338* | 6,000 |
| Jan-8 | Wages paid for the month of December, 2018 | 10,000 |
| Jan-12 | Purchased two Desktop Computers from M/s Computech for cash vide Cash Memo No. 170 | 32,500 |
| Jan-25 | Paid cash to Hari & Sons vide receipt No. 102 for repairs | 1,000 |
| Jan-28 | Paid postage | 200 |
| Jan-30 | Cash withdrawn from bank | 10,000 |
|
2017
|
|
₹
|
|
April 2
|
Bought goods of the list price of ₹ 6,000 from Khanna Brothers less 15% trade discount and 2% cash discount and paid 40% price at the same time.
|
|
|
April 3
|
Received a draft from Mohan in full settlement and deposited it into Bank
|
|
|
April 5
|
Purchased goods from Suresh of the list price of ₹ 8,000 at 20% trade discount and paid him by cheque.
|
9,750
|
|
April 8
|
Sold goods and received a cheque
|
25,000
|
|
April 10
|
Deposited the above cheque into Bank
|
12,000
|
|
April 12
|
Sohan deposited in our Bank A/c
|
4,000
|
|
April 16
|
Paid Income Tax by Cheque
|
5,600
|
| April 20 | Received a cheque from Sohan and sent to Bank | 7,800 |
| Discount allowed | 200 | |
|
April 21
|
Withdrew from Bank−for office
|
2,000
|
|
for private use
|
4,000
|
|
|
April 23
|
Sent a cheque to X in full settlement of his A/c
|
4,900
|
|
April 27
|
Cheque of Sohan returned by the bank as dishonoured.
|
|
|
April 28
|
Dinesh was declared insolvent and a payment of 60 paise in a ₹ received from his estate by a Cheque
|
|
|
April 30
|
Bank allowed Interest
|
350
|
|
Paid for Rent by cheque
|
1,500
|
|
|
Paid for traveling expenses by cheque
|
500
|
|
2017
|
|
₹
|
|
March 3
|
Sold goods to Dev
|
1,00,000
|
|
March 5
|
Received from Dev in full settlement of his account
|
98,000
|
|
March 6
|
Sold goods to Manmohan
|
80,000
|
|
March 8
|
Manmohan returned goods
|
1,000
|
|
March 15
|
Received from Manmohan in full settlement of his account
|
78,200
|
| March 16 | Received cash from Ram and | 19,500 |
| Discount allowed | 500 | |
| March 20 | Paid cash to Pawan and | 4,700 |
| Discount received from him | 300 | |
|
March 25
|
Sold goods to Varun of the list price of ₹ 25,000 at 20% trade discount
|
|
|
2019
|
Particular
|
₹
|
|
Jan-1
|
Started business with cash
|
2,00,000
|
|
Jan-1
|
Purchased furniture vide Cash Memo No. 210*
|
10,000
|
|
Jan-5
|
Opened a Bank Account in Canara Bank
|
60,000
|
|
Jan-10
|
Purchased garments on credit from M/s Madras Store vide Bill No. 291*
|
20,000
|
|
Jan-12
|
Sold shirts to Ram Parkash on credit vide Bill No. 1*
|
5,000
|
|
Jan-15
|
Sold shirts for cash vide Cash Memo No. 1*
|
7,000
|
|
Jan-20
|
Withdrew from bank for office use by cheque No. 23301
|
20,000
|
|
Jan-27
|
Withdrew for personal use by cheque No. 51003
|
5,000
|