Basic Accounting Procedure - III Ledger

Journal

Date

Particulars

L.F

Debit
Rs

Credit
Rs

2004
Jun 1

Cash A/c                                                                               Dr.

5,00,000

To Capital A/c

5,00,000

(Amount invested in the business)

3

Bank  A/c                                                                       Dr.

80,000

To Cash A/c

 80,000

(Cash paid into bank)

5

Building A/c                                                                    Dr.

3,00,000

To Cash A/c

3,00,000

(Building purchased for cash)

7

Purchase A/c                                                                   Dr.

70,000

To Cash A/c

 70,000

(Goods purchased for cash)

10

Cash A/c                                                                         Dr.

80,000

To Sales A/c

80,000

(Goods sold for cash)

15

Cash A/c                                                                        Dr.

10,000

To Bank  A/c

10,000

(Amount withdrawn from bank)

25

Electricity  Charges A/c                                                   Dr.

3,000

To Cash A/c

3,000

(Electricity Charges Paid)

30

Salary A/c                                                                            Dr.

15,000

To Cash A/c

15,000

(Salaries paid)

Ledger

Cash Account

Dr.

Cr.

Date

Particulars

J.F

Amount Rs

Date

Particulars

J.F

Amount Rs

2004

2004

Jun 1

To Capital A/c

       5,00,000

Jun 3

By Bank A/c

           80,000

10

To Sales A/c

           80,000

5

By Building A/c

       3,00,000

15

To Bank A/c

           10,000

7

By Purcahse A/c

           70,000

25

By Electricity Charges A/c

              3,000

30

By Salary A/c

           15,000

Jun 30

By Balance c/d

     1,22,000

     5,90,000

     5,90,000

Jul 1

To Balance b/d

     1,22,000

Capital Account

Dr.

Cr.

Date

Particulars

J.F

Amount Rs

Date

Particulars

J.F

Amount Rs

2004

2004

Jun 30

ToBalance c/d

       5,00,000

Jun 1

By Cash A/c

       5,00,000

     5,00,000

     5,00,000

Jul 1

By Balance b/d

     5,00,000

Bank Account

Dr.

Cr.

Date

Particulars

J.F

Amount Rs

Date

Particulars

J.F

Amount Rs

2004

2004

Jun 3

To Cash A/c

           80,000

Jun 15

By Cash A/c

           10,000

Jun 30

By Balance c/d

         70,000

         80,000

         80,000

Jul 1

To Balance b/d

         70,000

Buildings Account

Dr.

Cr.

Date

Particulars

J.F

Amount Rs

Date

Particulars

J.F

Amount Rs

2004

2004

Jun 5

To Cash A/c

       3,00,000

Jun 30

By Balance c/d

     3,00,000

     3,00,000

     3,00,000

Jul 1

To Balance b/d

     3,00,000

Purchase Account

Dr.

Cr.

Date

Particulars

J.F

Amount Rs

Date

Particulars

J.F

Amount Rs

2004

2004

Jun 7

To Cash A/c

           70,000

Jun 30

By Balance c/d

         70,000

         70,000

         70,000

Jul 1

To Balance b/d

         70,000

 Sales Account

Dr.

Cr.

Date

Particulars

J.F

Amount Rs

Date

Particulars

J.F

Amount Rs

2004

2004

Jun 30

ToBalance c/d

           80,000

Jun 10

By Cash A/c

           80,000

         80,000

         80,000

Jul 1

By Balance b/d

         80,000

Electricity Charges Account

Dr.

Cr.

Date

Particulars

J.F

Amount Rs

Date

Particulars

J.F

Amount Rs

2004

2004

Jun 25

To Cash A/c

              3,000

Jun 30

By Balance c/d

            3,000

            3,000

            3,000

Jul 1

To Balance b/d

            3,000

Salary Account

Dr.

Cr.

Date

Particulars

J.F

Amount Rs

Date

Particulars

J.F

Amount Rs

2004

2004

Jun 30

To Cash A/c

           15,000

Jun 30

By Balance c/d

         15,000

         15,000

         15,000

Jul 1

To Balance b/d

         15,000