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8.18                                                   Double Entry Book Keeping—CBSE XI


                     April  30  Interest A/c                                 ...Dr.        1,000
                                To  Anita’s Loan A/c                                                1,000
                             (Interest payable on Anita’s Loan ` 1,00,000 @ 12% p.a.
                             for one month)
                     April  30  Cash A/c                                     ...Dr.        4,850
                             Travelling Expenses A/c                         ...Dr.         150
                                To  Sales A/c                                                       5,000
                             (` 5,450 cash received for sales from salesman after deducting his
                             travelling expenses ` 150)
                     April  30  Cash A/c                                     ...Dr.       10,800
                                To  Sales A/c                                                      10,800
                             (Sales of goods worth ` 12,000 less 10% trade discount)
                     April  30  Furniture A/c (New)                          ...Dr.       50,000
                                To  M/s. Rohan Furnitures                                          50,000
                             (New furniture purchased for ` 50,000)
                     April  30  M/s. Rohan Furnitures                        ...Dr.        5,000
                                To  Miscellaneous Sales A/c*                                        5,000
                             (Old furniture having nil book value given in exchange)
                     *Sale of old Furniture having Book Value Nil.
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