SINGLE LEDGER

1. Journalise the following in the books of A & co and show the Profit & Loss a/c and Balance
Sheet
PARTICULARS AMOUNT (RS)
1. Capital brought in 10,00,000
2. Purchased goods for cash 25,000
3. Wages paid in cash 2,000
4. Cash deposited in Indian Bank 10,000
5. Sales to Ramesh 75,000
6. Furniture purchased for cash 2,600
7. Salary Paid 15,800
8. Rent paid 2,890
9. Purchased goods from Suresh 19,800
10. Paid Suresh 9,800
11. Cheque received from Ramesh 75,000
12. Machinery purchased 9,800
13. Electricity charges 6,700
14. Sold goods to Aneesha 35,600
15. Received cheque from Aneesha 5,600
16. Cash Withdrawn for personal use 15,000
17. Building purchased 30,000
18. Cash paid to Suresh 2,000
19. Insurance premium paid 1,980
20. Withdrew from Indian Bank 2,300
21. Travelling expenses paid in cash 7,900
22. Advertisement expenses 1,400
23. Telephone expenses AMOUNT2,780
PARTICULARS
24. Repairs on Machinery (RS) 3,700
1. Capital
25. Goods sold forbrought
cash in cash 12,50,000
18,000
2. Goods bought for cash 35,000
2. 3. Wages paid in cash 3,200 Post the following entries
4. Cash transferred to HDFC Bank 14,000 in the books of V & Co
5. Sales made to Ravi 82,000 and show the Profit &
6. Office stationery bought for cash 3,400 Loss a/c and Balance
7. Salary paid 16,000 Sheet.
8. Rent paid 3,100
9. Purchased stock from Anil 22,000
10. Anil paid in cash 11,000
11. Cheque received from Ravi 82,000
12. Plant purchased through HDFC Bank 11,200
13. Electricity bill paid 6,800
14. Goods sold on credit to Varsha 36,000
15. Cheque collected from Varsha 6,500
16. Cash withdrawn for personal expenses 17,000
17. Furniture purchased 31,000
18. Partial payment made to Anil 2,800
19. Insurance premium paid 2,100
20. Withdrawal from HDFC Bank 3,000
21. Expenses for travel paid in cash 7,200
3. Post the following entries in the books of AF & Co and show the Profit & Loss a/c and Balance
Sheet.
AMOUNT
PARTICULARS
(RS)
1. Capital Contributed 15,00,000
2. Stock purchased for cash 28,000
3. Factory expenses incurred 2,800
4. Deposited cash in ICICI Bank 18,000
5. Credit sales to Kumar 90,000
6. Stationery paid in cash 2,700
7. Salaries paid 14,500
8. Rent for the premises paid 2,750
9. Purchased goods from Rajesh 25,500
10. Cash paid to Rajesh 12,000
11. Cheque received from Kumar 90,000
12. Plant and Machinery purchased through cheque 8,600
13. Electricity bill paid 5,900
14. Goods sold to Vinay 33,000
15. Cheque received from Vinay 5,300
16. Money withdrawn for personal use 13,500
17. Building purchased 35,000
18. Amount paid to Rajesh 3,000
19. Insurance premium settled 1,800
20. Cash withdrawn from bank 2,500
21. Depreciation on machinery 6,500

4. Post the following entries in the books of AS & Co and show the Profit & Loss a/c and Balance
Sheet.
PARTICULARS AMOUNT (RS)
1. Capital introduced 14,50,000
2. Cash purchase of goods 27,500
3. Wages paid 2,900
4. Cash deposited into the SBI bank 12,000
5. Sales to Sunil 88,000
6. Furniture and Fixtures purchased 2,400
7. Salary paid to office staff 17,100
8. Taxes paid 2,850
9. Goods purchased from Viraj 24,000
10. Amount paid to Viraj 10,800
11. Cheque received from Sunil 88,000
 12. Machinery bought 10,000
13. Repairs and Maintenance 7,100
14. Goods sold to Ajay 38,000
15. Cheque collected from Ajay 5,900
16. Withdrew cash for personal use 15,800
17. Land purchased 34,000
18. Cash paid to Viraj 2,600
19. Insurance premium paid 2,200
20. Cash withdrawn from Indian Bank 2,700
21. Advertisement expenses 6,900
5. Post the following entries in the books of RY & Co and show the Profit & Loss a/c and Balance
Sheet.
PARTICULARS AMOUNT (RS)
1. Capital brought in by the owner 13,00,000
2. Goods purchased for cash 29,000
3. Wages paid in cash 2,600
4. Cash deposited in Axis Bank 13,500
5. Sales made to Meera 92,000
6. Office furniture purchased 3,500
7. Salary paid 16,800
8. Rent paid 3,050
9. Purchased goods from Ramesh 23,500
10. Paid Ramesh 11,500
11. Cheque received from Meera 92,000
12. Machinery purchased 9,300
13. Electricity bill paid 6,200
14. Sold goods to Rahul 39,000
15. Cheque received from Rahul 6,000
16. Cash withdrawn for personal use 14,000
17. Land purchased 30,500
18. Partial payment to Ramesh 3,300
19. Insurance premium paid 2,500
20. Withdrawal from Axis Bank 2,600
21. Travel expenses paid in cash 7,500

MULTIPLE LEDGER
1. Post the following entries in multiple ledger in the books of S & Co and show the P & L a/c and
Balance Sheet.
PARTICULARS AMOUNT (RS)
1. Cash Account 20,61,000
2. Capital Account 50,00,000
3. Bank account 28,14,000
4. Purchase 24,00,000
 5. Machinery Account 5,95,000
6. Furniture 47,500
7. Sales Account 32,00,000
8. Dinesh (Creditors) 12,00,000
9. Mohit (Debtors) 5,00,000
10. Land Account 1,50,000
11. Rent 15,000
12. Commission Received 20,000
13. Drawing account 80,000
14. Salary Account 25,000
15. Telephone Expenses 16,000
16. Investment 2,00,000
17. Advertisement 1,20,000
18. Depreciation 7,500
19. Bank Charges 5,000
20. Interest Received 4,000
21. Wages 15,000
22. Aleesha (Debtors) 5,00,000
23. Ramya (Creditors) 50,000
24. Commission Paid 5,000
2. Post the following entries in multiple ledger in the books of Sam & Co and show the P & L a/c
and Balance Sheet.

Particulars Amount (₹)

1. Cash Account 15,00,000
2. Capital Account 35,00,000
3. Bank Account 10,00,000
4. Purchase Account 20,00,000
5. Machinery Account 3,50,000
6. Furniture 1,20,000
7. Sales Account 28,00,000
8. Rakesh (Creditors) 7,00,000
9. Anita (Debtors) 6,00,000
10. Building Account 2,00,000
11. Rent Account 25,000
12. Commission Received 15,000
13. Drawings Account 1,00,000
3. Post
14.the following
Salary entries in multiple ledger in the books of AJ30,000
Account & Co and show the P & L a/c
15. Electricity Expenses 20,000 and Balance Sheet.
16. Investment 1,50,000
17. Advertising Expenses 75,000
18. Depreciation 8,000
19. Bank Charges 3,500
20. Interest Received 6,000
21. Wages 12,000
 Particulars Amount (₹)
1. Cash Account 12,00,000
2. Capital Account 40,00,000
3. Bank Account 8,00,000
4. Purchase Account 15,00,000
5. Machinery Account 2,75,000
6. Furniture 90,000
7. Sales Account 25,00,000
8. Kiran (Creditors) 9,00,000
9. Rohit (Debtors) 5,50,000
10. Land Account 1,80,000
11. Rent Account 20,000
12. Commission Received 10,000
13. Drawings Account 60,000
14. Salary Account 35,000
15. Telephone Expenses 15,000
16. Investment 2,25,000
17. Advertising Expenses 65,000
18. Depreciation 9,000
19. Bank Charges 2,500
20. Interest Received 7,500
21. Wages 11,000

4. Post the following entries in multiple ledger in the books of R & Co and show the P & L a/c and
Balance Sheet.
Particulars Amount (₹)
1. Cash Account 25,00,000
2. Capital Account 45,00,000
3. Bank Account 5,00,000
4. Purchase Account 18,50,000
5. Machinery Account 4,10,000
6. Furniture 2,00,000
7. Sales Account 30,00,000
8. Amit (Creditors) 11,00,000
9. Sima (Debtors) 3,00,000
10. Land Account 3,00,000
11. Rent Account 40,000
12. Commission Received 25,000
13. Drawings Account 1,50,000
14. Salary Account 45,000
15. Electricity Expenses 28,000
16. Investment 2,75,000
17. Advertising Expenses 85,000
18. Depreciation 12,500
 19. Bank Charges 6,000
20. Interest Received 5,500
21. Wages 17,500

5. Post the following entries in multiple ledger in the books of AR & Co and show the P & L a/c
and Balance Sheet.

Particulars Amount (₹)

1. Cash Account 30,00,000
2. Capital Account 60,00,000
3. Bank Account 12,50,000
4. Purchase Account 22,00,000
5. Machinery Account 7,50,000
6. Furniture 1,75,000
INVENTORY 7. Sales Account 35,00,000 LEDGER
1. ABC 8. Ravi (Creditors) 14,00,000 Company
started business from
9. Shweta (Debtors) 8,00,000
01.02.2013
10. Building Account 5,50,000
01.04.2013
Capital 11. Rent Account 30,000 introduced by
ABC 12. Commission Received 22,000 Company Rs.
13. Drawings Account 70,000 5,00,000
14. Salary Account 50,000 01.04.2013
15. Telephone Expenses 10,000 Opening stock
of all 16. Investment 3,25,000 the stock items
1000 17. Advertising Expenses 95,000 Nos.
18. Depreciation 10,000 04.04.2013
Cssh 19. Bank Charges 4,500 purchases
20. Interest Received 8,000 Lux 1500 @
Rs.20 each
21. Wages 18,000
Hamam 2800
@ Rs.10 each
Rin 1600 @ Rs.7 each
Power 2000 @ Rs.10 each
06.04.2013 cash sales
Lux 1200 @ Rs.30
Hamam 2800 @ Rs.15 each
Rin 900 @ Rs.10 each
Power 1800 @ Rs.18 each
Journalise the following and prepare the trading profit & loss account and stock summary.

2. XYZ Ltd started a business of Garments from 01.04.2013

01.04.2013 Capital introduced by ABC Company Rs. 5,00,000
Stock Group: Menswear and ladies wear
Stock Items: Cotton sarees, chudithar, T- shirts and Jeans pant
01/04/2013: Received capital by cash Rs.20,000
 Purchase from Royal Textiles
Cotton sarees: 10Nos. @ Rs.300 each
Chudithar: 20Nos. @ Rs.400each

07.04.2001 cash purchase

Cotton sarees: 20Nos. @ Rs.500 each
Chudithar: 40Nos. @ Rs.400each

Purchase from Saravana textiles

T-shirts: 60Nos. @ Rs.800 each
Jeans Pant: 40Nos. @ Rs.1000each

Journalise the following and prepare the trading profit & loss account and stock summary

3.Mr.K started a business from 01.04.2020

01.04.2020 Capital introduced by Mr.K Rs.6,00,000

01.04.2020 Opening stock of all the stock items 2000 Nos.

04.04.2020 cash purchases

Shirt 1500 @Rs.100 each
Pant 2800 @ Rs.400 each

06.04.2020 Cash Sales

Shirt 1000 @ Rs.150 each
Pant 2000 @ Rs.450 each
Journalise the following and prepare the trading profit & loss account and stock summary

4. X Ltd started a business of Garments from 01.04.2019

Stock Group: Menswear and ladies wear

Stock Items: Cotton sarees, Chudithar, T- shirts
01/04/2001: Received capital by cash Rs.1,00,000

Credit Purchase from Royal Textiles

Cotton sarees: 50Nos. @ Rs.300 each
T- shirts: 50Nos. @ Rs.400each

07.04.2001 cash purchase

Cotton sarees: 40Nos. @ Rs.300 each
T- shirts: 30Nos. @ Rs.200each

cash sales
Cotton sarees: 20Nos. @ Rs.100 each
T- shirts: 30Nos. @ Rs.200each

Journalise the following and prepare the trading profit & loss account and stock summary