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8.6 Double Entry Book Keeping—CBSE XI

Total b/f 1,25,150 1,25,150
March 13 In receipt of an order or on placing an order or tender, no entry will be passed,
because it is not a transaction.
March 14 Cash A/c ...Dr. 80
To Sundry Receipts A/c 80
(Cash received by sale of old newspapers)
March 15 Bank A/c ...Dr. 400
To Interest Received A/c 400
(Interest received from bank)
March 16 Goyal Bros. ...Dr. 300
To Cash A/c 300
(Expenses on goods sold to Goyal Bros.)
March 19 Purchases A/c ...Dr. 400
Cartage A/c ...Dr. 50
To Sohan Lal & Sons 400
To Cash A/c 50
(Goods purchased from Sohan Lal & Sons and paid cartage)
March 20 Goyal Bros. ...Dr. 6,000
To Bank A/c 6,000
(Cheque received from Goyal Bros. dishonoured)
March 21 Cash A/c ...Dr. 500
Loss by Accident A/c (Profit & Loss A/c) ...Dr. 9,500
To Vehicle A/c 10,000
(Cash received by sale of salvage of vehicle)
March 22 Rent A/c ...Dr. 600
To Bank A/c 600
(Rent paid by cheque)
March 23 Salaries A/c ...Dr. 300
To Outstanding Salaries A/c 300
(Salaries for the month of February unpaid)
March 25 Municipal Taxes A/c ...Dr. 800
To Cash A/c 800
(Amount paid for municipal taxes)
March 31 Depreciation A/c ...Dr. 2,000
To Furniture A/c 2,000
(Depreciation charged on furniture @ 10%)

Cash A/c ...Dr. 1,000
To Advance from Shyam A/c 1,000
(Cash received from Shyam as advance)
Total 1,47,080 1,47,080