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Class 9 - Worksheet

The document contains transactions related to a business. It provides details of various purchases and sales made by the business owner on both cash and credit terms. It also includes details of loans, deposits and payments received. The transactions need to be recorded in the relevant books of prime entry like journal, sales journal, purchase journal etc. and accounts need to be prepared.

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Aryan Agrawal
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41 views7 pages

Class 9 - Worksheet

The document contains transactions related to a business. It provides details of various purchases and sales made by the business owner on both cash and credit terms. It also includes details of loans, deposits and payments received. The transactions need to be recorded in the relevant books of prime entry like journal, sales journal, purchase journal etc. and accounts need to be prepared.

Uploaded by

Aryan Agrawal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Fill in the debit account and credit account for the given transactions

transaction
1 Dimple started a business with Rs.10000 in bank account
She took a loan from ABC Bank for Rs. 90000. The money was deposited in
2 the bank account
3 She purchased goods worth Rs. 50000 from Mr. Tarun on credit
4 She sold the above goods for Rs.60000 to Mr Varun on credit
5 She paid half of the money owing to Mr. Tarun by cheque
6 She received all the money from Mr. Varun in cash
7 She paid the remianing half to Mr. Tarun by cash
8 She deposited Rs. 10000 cash into bank account

He bought an air ticket from business bank account for his vacation trip to
9 maldives for Rs. 12000
10 He bought a computer for his business for Rs. 30000 and paid by cash
en transactions
Debit Credit
Fill in the debit account and credit account for the given transactions
transaction
1 Amit Started business with Rs. 50000
2 He purchased office equipements for Rs.10000
3 He purchases bags from Mr.Jain on credit for Rs. 6000
4 He deposited the amount in his hand into his bank account
5 He withdrew Rs. 5000 from his bank account
6 He sold goods to Mr. Yash worth Rs. 4000 in cash
7 He sold goods to Miss Yamini for Rs. 7000 on credit
8 He retuned goods worth Rs. 500 to Mr.Jain
9 Miss Yamini returned goods to Amit worth Rs. 500
10 He paid the remianing amount to Mr. Jain by cheque
11 He received full and final amount from Miss Yamini by cheque
12 Amit withdrew Rs. 1500 from business bank account for daughters birthday
r the given transactions
Debit Credit
From the data given in Question 3
Required:
(i) Identify the books of prime entry each transaction will go to
(ii) prepare sales journal and purchase journal
1. Mr sanju Started a business with Rs. 10000 in cash and Rs. 18000 in bank account.
He also brought furniture worth Rs. 10000 and inventory worth Rs. 60000
2. He took a loan from his Friend Mr Rajesh, Rs. 60000
3. He purchased furniture for Rs. 15000 cash
4. He purchased jewellery for his wife for rs. 15000 from Naresh jewellers on credit
5. He sold goods to Munira Rs. 85000. Half of it was on credit. Munira paid in cheque
6. He purchased more inventory on credit from Dhanu for Rs. 16000
7. He paid to Naresh Jewellers Rs. 15000 in cash
8. He received the remaining amount to Munira by cheque
9. He retuned goods to Dhanu worth Rs.6000
10. He paid the remaining amount to Dhanu
11. He sold goods to Tanay worth Rs. 5000 on credit
12. He sold goods to Mr. Kush for Rs, 7000 on credit
13. He purchased goods from Harshal Rs. 8600 on credit
14. He returned half the goods back to harshal
15. He received half the goods back from Kush
16. He paid the remaining amount to harshal
17. He received the remaining amount from Harshal
18. He purchased furniture from Furniture mart on credit worth Rs. 5600
Required:
(i) pass journal entries
(ii) identify which books of prime entry each transaction will go to
(iii) make sales and purchase journal and Sales return/purchase return journals
(iv) Also make sales and purchase ledger
Debit Credit

in cheque

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