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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.