Problem No 4

1) Date:1/4/2023
Started business with cash Rs. 100,000/- , Building 200,000/-
2) Date:20/6/2023
Purchase goods of Rs.50, 000/- from sudam on credit.
3) Date:12/7/2023
Sold goods of Rs.25, 000/-to Krishna on credit .
4) Date:18/8/2023
Cash received from krishna Rs.25, 000/-
5) Date:13/9/2023
Cash deposited into bank Rs.100, 000/-
6) Date:24/11/2023
Paid cheque of Rs 50,000/- to sudam.
7) Date:24/11/2023
Purchase goods of Rs.10, 000/- by cash
8) Date:1/2/2024
Sold goods of Rs.10, 000/-
9) Date:1/2/2024
Cash withdraw for purchasing gift for his daughter of Rs10,000/-

Tally Account =2,90,000/-

Capital A/c Capital A/c

Building A/c Fixed Assets

Sudam A/c Sundry creditor
Purchase A/c Purchase
Sales A/c Sales
 Salary A/c Indirect Exp
Drawing A/c Capital
Bank A/c bank
Krishna A/c Sundry debtors
Ledger Creation
Sr no Name of Types of Account Dr/Cr Reasons
Account
1. Cash Real A/c Dr Cash comes in

Capital Nominal A/c Cr Business Income

Building Real A/c Dr Building comes in
Capital Nominal A/c Cr Business Income

2. Purchase Nominal A/c Dr Purchase is an expenses

Sudam Personal A/c Cr Sudam is Giver

3. Krishna Personal A/c Dr Krishna is receiver

Sales Nominal A/c Cr Sales is an Income

4. Cash Real A/c Dr Cash Comes In

Krishna Personal A/c Dr Krishna is receiver

5. Cash Real A/c Dr Cash Comes In

Bank A/c Personal A/c Cr Bank is giver

6. Sudam Personal A/c Cr Sudam is Receiver

Bank A/c Personal A/c Cr Bank is giver

7. Purchase Nominal A/c Dr Purchase is an expenses

Cash Real A/c Cr Cash Going out

8. Cash Real A/c Dr Cash Comes In

Sales Nominal A/c Cr Sales is an Income

9. Drawing A/c Nominal A/c Dr Its Expenses

Cash Real A/c Cr Cash Going out