Page 52 - DEBK-XI(2020)

Ledger 9.3

Total b/f 27,000 27,000
Jan. 3 Cash A/c ...Dr. 2 400
To Sales A/c 4 400
(Being the goods sold for cash to Dhiraj & Co. as per cash memo No. ....)
Jan. 4 Narain Bros. ...Dr. 7 1,000
To Sales A/c 4 1,000
(Being the goods sold to Narain & Bros. as per invoice No. .... dated...)
Jan. 5 Cash A/c ...Dr. 2 1,450
Discount Allowed A/c ...Dr. 13 50
To Narain Bros. 7 1,500
(Being the amount of ` 1,450 received in cash for a debt of
` 1,500; hence discount allowed is ` 50)
Jan. 6 Jacob Bros. Ltd. ...Dr. 10 1,000
To Bank A/c 3 975
To Discount Received A/c 13 25
(Being the amount paid by cheque [out of Bank] to Jacob Bros. Ltd.
received discount of ` 25)
Jan. 9 Cash A/c ...Dr. 2 100
To Furniture A/c 6 100
(Being the sale of old furniture, payment received in cash)
Jan 10 Purchases A/c ...Dr. 4 750
To Cash A/c 2 750
(Being the purchases of goods for cash as per voucher No. ....)
Jan. 11 Bank A/c ...Dr. 3 2,500
To B.K. Bros. 8 2,500
(Being the cheque received from B.K. Bros. and deposited in Bank)
Jan. 11 Repairs A/c ...Dr. 15 100
To Cash A/c 2 100
(Being the amount paid for repairs to machinery as per repairs
bill No. .... dated....)
Jan. 13 Purchases A/c ...Dr. 4 1,000
To Jacob Bros. Ltd. 10 1,000
(Being the goods purchased from Jacob Bros. Ltd. as per their
bill No. .... dated....)
Jan. 13 Cartage A/c ...Dr. 16 50
To Cash A/c 2 50
(Being the amount paid for cartage on goods bought from Jacob Bros. Ltd.)
Jan. 16 Bank A/c ...Dr. 3 950
Discount Allowed A/c ...Dr. 13 50
To Narain & Bros. 7 1,000
(Being the cheque received and deposited in Bank; discount allowed ` 50)
Jan. 17 Jacob Bros. Ltd. ...Dr. 10 1,000
To Bank A/c 3 1,000
(Being the amount paid by cheque to Jacob Bros. Ltd.)
Jan. 18 Narain Bros. ...Dr. 7 1,000
To Bank A/c 3 950
To Discount Allowed A/c 13 50
(Being the cheque received from Narain Bros. returned dishonoured) (Note 2)
Jan. 19 Cash A/c ...Dr. 2 600
To Sales A/c 4 600
(Being the goods sold for cash as per cash memo No. ....)
Total c/f 39,000 39,000