Class name Subject Book title Chapter number Content Created at
Class XI Accountancy Financial Accounting-I 3 Total b/f 1,72,000 1,72,000 10 Cartage A/c Dr. 500 To Cash A/c 500 (Cartage paid) 12 Lara India A/c Dr. 25,000 To Sales A/c 25,000 (Goods sold on c...
Class XI Accountancy Financial Accounting-I 3 ` ` 2017 2017 Dec.02 Cash 40,000 Dec.26 Taranum’s 20,000 Dec.20 Lara India 11,500 Dec.28 Rent 4,000 Purchases Account Dr. Cr. Date Particulars J.F....
Class XI Accountancy Financial Accounting-I 3 86 Accountancy Test Your Understanding - V Select Right Answer: 1. Voucher is prepared for: (i) Cash received and paid (ii) Cash/Credit sales (iii)...
Class XI Accountancy Financial Accounting-I 3 documents. 2. Meaning of accounting equation : A statement of equality between debits and credits signifying that the assets of a business are alwa...
Class XI Accountancy Financial Accounting-I 3 accounts. 9. What entry (debit or credit) would you make to: (a) increase revenue (b) decrease in expense, (c) record drawings (d) record the fresh...
Class XI Accountancy Financial Accounting-I 3 26,000 (Ans: Asset = Cash ` 2,39,000 + Furniture ` 35,000 + Goods ` 20,000 = ` 2,94,000; Liabilities = Creditors40,000 + Capital` 2,54,000= ` 2,94,...
Class XI Accountancy Financial Accounting-I 3 ` 500 (Ans: Assets = Cash ` 1,21,200 + Goods ` 4,500 + Prepaid insurance ` 1,000; Liabilities = Outstanding salary ` 2,000 + Capital ` 1,25,200) 6....
Class XI Accountancy Financial Accounting-I 3 ` 2,00,000 Reprint 2026-27 Recording of Transactions - I 91 (b) He purchased goods for cash ` 50,000 (c) He sold goods (costing `20,000) ` 35,000 (...
Class XI Accountancy Financial Accounting-I 3 1,50,000 in a business called Bobbie Consulting. (b) Purchased land and a small office building. The land was worth ` 1,50,000 and the building wor...
Class XI Accountancy Financial Accounting-I 3 goods for cash 10,000 Jan.10 Paid for trade expenses 700 Reprint 2026-27 Recording of Transactions - I 93 Jan.12 Cash received from Ramesh 29,500 D...
Class XI Accountancy Financial Accounting-I 3 destroyed by fire ` 2,000 (f) Rent outstanding ` 1,000 (g) Interest on drawings ` 900 (h) Sudhir Kumar who owed me ` 3,000 has failed to pay the am...
Class XI Accountancy Financial Accounting-I 3 26 Commission received 1,000 Jan. 27 Bank charges 200 Jan. 28 Cheque given for insurance premium 3,000 Jan. 29 Paid salary 7,000 Jan. 30 Cash sales...
Class XI Accountancy Financial Accounting-I 3 into bank to open an current account 1,00,000 5. Purchased a computer and paid by cheque 2,50,000 6. Bought goods on credit from Ritika 60,000 8. C...
Class XI Accountancy Financial Accounting-I 3 (c) Sold goods ` 1,50,000 to Sudhir of Punjab (IGST @ 18%) (d) Paid for Railway Transport ` 10,000 (CGST @ 5%, SGST @ 5%) (e) Sold goods ` 1,20,000...
Class XI Accountancy Financial Accounting-I 3 (iv), 2 (i), 3 (i), 4 (ii), 5 (iii), 6 (iv), 7 (iv), 8 (iv), 9 (iii). Reprint 2026-27
Class XI Accountancy Financial Accounting-I 4 Recording of Transactions-II 4 n chapter 3, you learnt that all the I business transactions are first recorded in the journal and then they are pos...
Class XI Accountancy Financial Accounting-I 4 made on monthly basis. This is a very popular book and is maintained by all organisations, big or small, profit or not-forprofit. It serves the pur...
Class XI Accountancy Financial Accounting-I 4 Roopa Traders Cash Book Dr. Cr. Date Receipts L.F. Amount Date Payments L.F. Amount ` ` 2017 2017 Nov. 01 Balance b/d 30,000 Nov. 08 Insurance 6,00...
Class XI Accountancy Financial Accounting-I 4 Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` Nov. 13 Cash 13,800 Purchases Account Dr. Cr. Date Particulars J.F. Amount Da...
Class XI Accountancy Financial Accounting-I 4 A pay-in-slip Fig. 4.3 :A cheque forms have the printed word bearer, which means payment is to be made to the person whose name has been written af...
Class XI Accountancy Financial Accounting-I 4 O ia C. gt ee nd & N Py of o / n N A B t St Fig. 4.4 : Types of crossing When the number of bank transactions is large; it is convenient to have a ...
Class XI Accountancy Financial Accounting-I 4 on the same day or it may be deposited on another day. In case, it is deposited on the same day the amount is recorded in the bank column of the ca...
Class XI Accountancy Financial Accounting-I 4 : Format of a double column cashbook Reprint 2026-27 Recording of Transactions - II 107 We will now learn how the transactions are recorded in the ...
Class XI Accountancy Financial Accounting-I 4 recorded in double column cash book are posted to the individual accounts. Purchases Account Receipts Payments Date Particulars J.F. Amount Date Pa...
Class XI Accountancy Financial Accounting-I 4 small payments out of this imprest amount and when he has spent the substantial portion of the imprest amount say `1,780, he gets reimbursement of ...