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9 CI Accounting Holiday HW

This document contains instructions and questions for accounting homework over summer holiday. There are four questions involving journal entries, ledger accounts, and transactions. Students are asked to show journal entries for transactions, prepare ledger accounts, and journalize various cash, credit, and loan transactions between individuals and businesses. The due date for the homework is the first day of school reopening.

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39 views4 pages

9 CI Accounting Holiday HW

This document contains instructions and questions for accounting homework over summer holiday. There are four questions involving journal entries, ledger accounts, and transactions. Students are asked to show journal entries for transactions, prepare ledger accounts, and journalize various cash, credit, and loan transactions between individuals and businesses. The due date for the homework is the first day of school reopening.

Uploaded by

meena malik
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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SUBJECT: ACCOUNTING

Topic: Summer Holiday Homework


Grade:
Name:
Date :
Instructions – You can use the calculator
Solve all the questions in the accounting notebook
There are four questions
Due date - First day of reopening

Question 1 – Write the journal entries

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Question 2

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Question 3

Mr. Nirmal has the following transactions in the month of April.

Write Journal Entries for the transactions and prepare ledger accounts

10th April : Commenced business with a capital of 1,00,000


11th April : Purchased goods from Veeru for 20,000
13th April : Purchased Goods for Cash 15,000
14th April : Purchased Goods from Abhiram for cash 9,000
16th April : Bought Goods from Shyam on credit 12,000
17th April : Sold goods worth 15,000 to Tarun
19th April : Sold goods for cash 20,000
20th April : Sold goods to Utsav for cash 6,000
21st April : Sold goods to Pranav on credit 17,000
22nd April : Returned goods to Veeru 3,000
23rd April : Goods returned from Tarun 1,000
25th April : Goods taken by the proprietor for personal use 1,000
26th April : Bought Land for 50,000
27th April : Purchased machinery for cash 45,000
28th April : Bought computer from Intel Computers for 25,000
28th April : Cash sales 15,000
29th April : Cash purchases 22,000
30th April : Bought furniture for proprietor's residence and paid cash 10,000

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Question 4

Journalise the following transactions in the books of Rama & Sons

3rd May : Cash deposited into bank 60,000


4th May : Loan given to Bhuvan 20,000
4th May : Paid cash to Veeru 20,000
5th May : Paid to Veeru by cheque 15,000
5th May : Cash received from Tarun 12,000
5th May : Took loan from Anush 15,000
6th May : Cheque received from Pranav 15,000
6th May : Paid to Intel Computers by cheque 17,000
6th May : Withdrew from bank 5,000
7th May : Withdrew from bank for office use 8,000
7th May : Cash received from Bhuvan on loan account
10,000
8th May : Withdrew from bank for personal use 1,000
8th May : Cash taken by proprietor for personal use 3,000
9th May : Bought furniture and paid by cheque 15,000
9th May : Paid to Anush by cheque on loan account 5,000
9th May : Brought additional capital of 25,000

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