Accounts Paper
Accounts Paper
Accounts Paper
Q2. Prepare Cash A/c, Purchases A/c and Capital A/c. and balance the same in the books of Sunil for
August 2019. (8 Marks)
1.Sunil Started business with stock of goods ₹20,000 and Cash ₹1,70,000 out of which ₹50,000
borrowed from his friend Kedar@10 p.a.
5.Placed an order for goods worth ₹7,000 with Mohan for which advance ₹5,500 was paid.
9.Purchased Stationery for office use ₹ 4,500
12.Goods distributed as free samples ₹ 2,000
17.Paid Freight ₹400 on behalf of Mr. Dev.
24.Received Goods from Mohan as per our order dated 5th Feb and settled his account.
27.Bought goods from Shekhar on two months credit for ₹7,000 at 20% Trade Discount with
instructions to send them to Sagar.
28.Sent to Sagar Outward Invoice for goods supplied by Shekhar. at list price less 10% Trade
Discount.
Q3. Prepare two column Cash Book in the books of Priya Traders,from the following transaction for the
year July 2018. (10 Marks)