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प्रश्न
For the following transactions, show the effect on the accounting equation.
- Raj started business with cash - ₹ 40,000
- Opened bank account with a deposit of - ₹ 30,000
- Bought goods from Hari on credit for - ₹ 12,000
- Raj withdrew cash for personal use - ₹ 1,000
- Bought furniture by using debit card for - ₹ 10,000
- Sold goods to Murugan and cash received - ₹ 6,000
- Money withdrawn from bank for office use - ₹ 1,000
खातेवही
उत्तर
| Transaction | Assets | Capital ₹ | Creditors ₹ | |||||
| Cash ₹ | Stock ₹ | Furniture ₹ | Debtors ₹ | Bank ₹ | ||||
| a. Raj started business with cash | + 40,000 | + 40,000 | ||||||
| Equation | + 40,000 | + 30,000 | = | + 40,000 | ||||
| b. Opened bank account | − 30,000 | + 30,000 | = | + 40,000 | ||||
| Equation | + 10,000 | + 30,000 | = | + 40,000 | ||||
| c. Bought goods from Hari on credit | + 12,000 | + 12,000 | ||||||
| Equation | + 10,000 | + 12,000 | + 30,000 | = | + 40,000 | + 12,000 | ||
| d. Raj withdrew cash for personal use | − 1,000 | − 1,000 | ||||||
| Equation | + 9,000 | + 12,000 | + 30,000 | = | + 39,000 | + 12,000 | ||
| e. Bought furniture by using debit card for | + 10,000 | − 10,000 | ||||||
| Equation | + 9,000 | + 12,000 | + 10,000 | + 20,000 | = | + 39,000 | + 12,000 | |
| f. Sold goods to Murugan for cash | + 6,000 | − 6,000 | ||||||
| Equation | + 15,000 | + 6,000 | + 10,000 | + 20,000 | = | + 39,000 | + 12,000 | |
| g. Money withdrawn from bank for office use | + 1,000 | − 1,000 | ||||||
| Equation | + 16,000 | + 6,000 | + 10,000 | + 19,000 | = | + 39,000 | + 12,000 | |
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Approaches of Recording Transactions
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Books of Prime Entry - Exercises [पृष्ठ ५९]
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संबंधित प्रश्न
‘Cash withdrawn by the proprietor from the business for his personal use’ causes ____________.
Real account deals with ____________.
Which one of the following is representative personal account?
Prepaid rent is a ____________.
Write any one transaction which decreases the assets and decreases the liabilities
Write any one transaction which increases one asset and decreases another asset
What are the three different types of personal accounts?
Complete the accounting equation.
Assets = Capital + Liabilities
₹ 2,00,000 = ? + ₹ 40,000
What will be the effect of the following on the accounting equation?
- Sunil started business with ₹ 1,40,000 cash and goods worth ₹ 60,000
- Purchased furniture worth ₹ 20,000 by cash
- Depreciation on furniture ₹ 800
- Deposited into bank ₹ 40,000
- Paid electricity charges through net banking ₹ 500
- Sold goods to Ravi costing ₹ 10,000 for ₹ 15,000
- Goods returned by Ravi ₹ 7,500 (costing ₹ 5,000)
Create an accounting equation on the basis of the following transactions:
- Rakesh started business with a capital of ₹ 1,50,000
- Deposited money with the bank ₹ 80,000
- Purchased goods from Mahesh and paid through debit card ₹ 25,000
- Sold goods (costing ₹ 10,000) to Mohan for ₹ 14,000 who pays through debit card
- Commission received by cheque and deposited the same in the bank ₹ 2,000
- Paid office rent through ECS ₹ 6,000
- Sold goods to Raman for ₹ 15,000 of which ₹ 5,000 was received at once
