Page 97 - debkxi

14.4 Double Entry Book Keeping—CBSE XI

Dr. MOHAN Cr.
Particulars ` Particulars `

To Sales A/c (Credit Sales) 3,00,000 By Sales Return A/c 1,000
By Cash A/c 2,50,000
By Balance c/d 49,000
3,00,000 3,00,000
Dr. SALES ACCOUNT Cr.
Particulars ` Particulars `

To Balance c/d 3,50,000 By Cash A/c (Cash Sales) 50,000
By Sundries as per Sales Book (Credit Sales) 3,00,000
3,50,000 3,50,000

Dr. SALES RETURN ACCOUNT Cr.
Particulars ` Particulars `
To Sundries as per Sales Return Book 1,000 By Balance c/d 1,000
1,000 1,000

Dr. RAM Cr.
Particulars ` Particulars `
To Cash A/c 2,10,000 By Purchase A/c 2,50,000
To Purchases Return A/c 5,000
To Balance c/d 35,000
2,50,000 2,50,000

Solution:
TRIAL BALANCE
as at 31st March, 2024
Heads of Accounts L.F. Dr. Balance Cr. Balance
` `
Cash A/c 1,20,000 ...
Capital A/c ... 1,00,000
Drawings A/c 5,000 ...
Furniture A/c 30,000 ...
Salaries A/c 25,000 ...
Purchases A/c 2,60,000 ...
Purchases Return A/c ... 5,000
Mohan 49,000 ...
Sales A/c ... 3,50,000
Sales Return A/c 1,000 ...
Ram ... 35,000
Total 4,90,000 4,90,000