Page 76 - DEBK-XI(2020)

11.4 Double Entry Book Keeping—CBSE XI

JOURNAL PROPER
Date Particulars L.F. Dr. (`) Cr. (`)
2020
April 15 Pradeep & Co. ...Dr. 200
To Discount Received A/c 200
(Being the discount received from Pradeep & Co. on payment)
April 23 KG & Co. ...Dr. 400
To Discount Received A/c 400
(Being the discount received from KG & Co. on payment)
April 24 Furniture A/c ...Dr. 20,000
To Modern Furniture House 20,000
(Being the purchase of furniture on credit)
April 28 Bad Debts A/c ...Dr. 4,000
To Dhruv 4,000
(Being the bad debts written off)
April 30 Drawings A/c ...Dr. 5,000
To Purchases A/c 5,000
(Being the goods withdrawn by the proprietor)
April 30 Interest on Capital A/c ...Dr. 1,000
To Capital A/c 1,000
(Being the interest on Capital provided)
April 30 Discount Allowed A/c ...Dr. 200
To Dheeraj & Co. 200
(Being the discount allowed to Dheeraj & Co. on payment received)
Ledger
Dr. CAPITAL ACCOUNT Cr.
Date Particulars J.F. ` Date Particulars J.F. `
2020 2020
April 30 To Balance c/d 1,76,000 April 1 By Balance b/d 1,75,000
April 30 By Interest on Capital A/c 1,000
1,76,000 1,76,000
May 1 By Balance b/d 1,76,000
Dr. FURNITURE ACCOUNT Cr.
Date Particulars J.F. ` Date Particulars J.F. `
2020 2020
April 24 To Modern Furniture House 20,000 April 30 By Balance c/d 20,000
May 1 To Balance b/d 20,000
Dr. DHRUV Cr.
Date Particulars J.F. ` Date Particulars J.F. `
2020 2020
April 12 To Sales A/c 15,000 April 18 By Sales Return A/c 2,000
April 20 By Cash A/c 5,000
April 28 By Cash A/c 4,000
April 28 By Bad Debts A/c 4,000
15,000 15,000