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PAPER 1 : ACCOUNTING

29

(5,00,000 x 12/100)/365 = ` 164

2.

Interest from 16th April, 2015 to 30 th April, 2015

(Products for the period x rate of interest)/365
(11,06,460 x 12/100)/365 = ` 364

9.
General Ledger Adjustment Account in Debtors Ledger
Date

Particulars

1.4.2015
To Balance b/d
1.4.2015 to To Debtors
30.4.2015
ledger
adjustment
A/c:
Sales return

30.4.2015

` Date

3,400 1.4.2015
By Balance b/d
1.4.2015 to By Debtors
30.4.2015
ledger
adjustment
A/c:
21,700
Sales

Cash
received

8,62,100

Discount
allowed

39,200

B/R received

51,200

To Balance c/d

Particulars

30.4.2015

`
2,46,200

9,74,900

B/R
dishonoured

3,500

By Balance c/d

5,200

2,52,200

(Bal. fig.)
12,29,800

12,29,800

Debtors Ledger Adjustment A/c in General Ledger

Date

Particulars

1.4.15
To Balance b/d
1.4.2015 To General
to
ledger
30.4.15
adjustment
A/c:
Sales
B/R
dishonoured
30.4.15

To Balance c/d

` Date

Particulars

2,46,200 1.4.15
By Balance b/d
1.4.2015 By General
to
ledger
30.4.15
adjustment
A/c:
9,74,900
3,500
5,200 30.4.15

Sales return
Cash received

`
3,400

21,700
8,62,100

Discount
allowed

39,200

B/R received

51,200

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