# Practical Problem 06

 Q.6 Prepare Cash A/c, Bank A/c, Purchases A/c, Sales A/c and Capital A/c. and balance the same in the books of Madanlal. 2019 Aug. 1 Started business with bank balance Rs 40,000.4 Purchased goods for Rs 9,000 less 10% Cash Discount. 2 Purchased goods from Aseem worth Rs 15,000 less 10% Trade Discount. 3 Sold goods to Arun for Rs 8,000 for cash. 4 Paid Rent Rs 3,000 and Electricity bill Rs 500. 5 Purchased 100 Shares of Perfect Technologies for Rs 55 per share and paid Brokerage Rs 250 by transfer through netbanking. 6 Withdrawal of goods for personal use Rs 500. 7 Sold goods for cash Rs 5,000 less 10% Cash Discount. 8 Deposited cash into Bank Rs 2,000. 9 Paid Rs 3,000 for daughter’s tuition fees by Debit Card. 10 Purchased a Table for Rs 2,000. 19 Received Rs 1,500 by selling the scrap. 27 Paid cash into bank in excess of Rs 2,000 Solution :- In the books of mandanlal Dr                                                                                           Cash A/c                                                                                      Cr Date Particulars J.F Amount Date Particulars J.F Amount 2019 2019 Aug-03 To Sales A/c 8,000 Aug-04 By Rent A/c 3,000 7 To Sales A/c 4,500 4 By Electricity Charges A/c 500 19 To  Scrap sale A/c 1,500 8 By Bank A/c 2,000 10 By Furniture A/c 2,000 27 By Bank A/c 4,500 31 By Balance C/d 2,000 14,000 14,000 Sep-01 To Balance b/d 2,000 Dr                                                                                              BankA/c                                                                                        Cr Date Particulars J.F Amount Date Particulars J.F Amount 2019 2019 Aug-01 To Capital A/c 40,000 Aug-05 By Investment in shares in perfect Technologies A/c 5,550 8 To Cash A/c 2,000 5 By Brokerage A/c 250 27 To Cash A/c 4,500 9 By Drawings A/c 3,000 31 By Balance c/d 37,750 46,500 46,500 Jun-01 To Balance b/d 37,750 Dr                                                                                    Purchases A/c                                                                               Cr Date Particulars J.F Amount Date Particulars J.F Amount 2019 2019 Aug-02 To Aseem’s A/c 13,500 Aug-31 By Balance c/d 13,500 13,500 13,500 Sep-01 To Balance b/d 13,500 Dr                                                                                       Sales  A/c                                                                                      Cr Date Particulars J.F Amount Date Particulars J.F Amount 2019 2019 Aug-31 To Balance c/d 13,000 Aug-03 By Cash A/c 8,000 7 By Cash A/c 4,500 7 By Discount Allowed A/c 500 13,000 13,000 Sep-01 By Balance b/d 13,000 Dr                                                                                        Cash A/c                                                                                           Cr Date Particulars J.F Amount Date Particulars J.F Amount 2019 2019 Aug-31 To Balance c/d 40,000 Aug-01 By Bank A/c 40,000 40,000 40,000 Sep-01 By Balance b/d 40,000