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5.4 Double Entry Book Keeping—CBSE XI

Capital Capital ` 1,50,000 0 1,50,000 50,000 2,00,000 0 2,00,000 0 2,00,000 (500) 1,99,500 3,000 2,02,500 1,000 2,03,500 0 2,03,500 (100) 2,03,400 (5,000) 1,98,400 200 1,98,600 25,000 2,23,600 (500) 2,23,100

Security + Deposit (`) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,500 1,500 0 1,500 0 1,500 0 1,500 0 1,500 0 1,500
+ + + + + + + + + + + + + + + + + + + + + + + + + + + +

Liabilities + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Creditor ` 0 0 0 0 0 0 0 50,000 50,000 0 50,000 0 50,000 0 50,000 0 50,000 0 50,000 0 50,000 0 50,000 0 50,000 0 50,000

= = = = = = = = = = = = = = = = = = = = = = = = = = = = =

Debtors ` 0 0 0 0 0 0 0 0 0 0 0 9,000 9,000 0 9,000 0 9,000 0 9,000 0 9,000 0 9,000 0 9,000 0 9,000

+ + + + + + + + + + + + + + + + + + + + + + + + + + + +

Stock ` 0 0 0 0 0 0 0 0 0 0 0 0 0 0
50,000 50,000 50,000 (6,000) 44,000 44,000 44,000 44,000 44,000 44,000 44,000 43,500
(500)

+ + + + + + + + + + + + + + + + + + + + + + + + + + + +

Assets Building and Furniture (`) 0 0 0 0 0 1,00,000 1,00,000 0 1,00,000 0 1,00,000 0 1,00,000 0 1,00,000 0 1,00,000 0 1,00,000 0 1,00,000 0 1,00,000 0 1,00,000 0 1,00,000
Solution: Refer to Illustration 2 Page No. 5.2.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + +

Bank ` 0 25,000 25,000 50,000 75,000 0 75,000 0 75,000 0 75,000 0 75,000 0 75,000 0 75,000 0 75,000 0 75,000 0 75,000 0 75,000 0 75,000

+ + + + + + + + + + + + + + + + + + + + + + + + + + + +

Cash ` 1,50,000 (25,000) 1,25,000 0 1,25,000 (1,00,000) 25,000 0 25,000 (500) 24,500 0 24,500 1,000 25,500 1,500 27,000 (100) 26,900 (5,000) 21,900 200 22,100 25,000 47,100 0 47,100

Transaction No. (i) (ii) New Equation (iii) New Equation (iv) New Equation (v) New Equation (vi) New Equation (vii) New Equation (viii) New Equation (ix) New Equation (x) New Equation (xi) New Equation (xii) New Equation (xiii) New Equation (xiv) New Equation