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Welcome back to Learn At Ur Desk! We are doing Textbook Solution Series for TS Intermediate 1st year Accountancy. We have started Chapter 2 Recording of Business Transactions Problems and in my Last Post I have posted the solution for Problem #1 and today we are going to solve Problem #2.
Textbook Solution Series (TBS Series)
for Telangana State Board of Intermediate Education (TSBIE) First Year
Accountancy.
Chapter 2: Recording of Business
Transactions
Here, you
can only find Problem and its solution there will be no explanation for it
because I have already posted a detail lesson explaining it in quiet simple
words. If you don’t know how to record journal entry then click here to learn 👉How to Record Business Transactions into Journal
Ok
Let's get back to TBS series!
Page #61 problem #2.
Pass Journal entries in the books of Mr Ram.
|
2019 March. 01 |
Ram commenced business with cash. |
100,000. |
|
02 |
Cash deposited into Canara Bank. |
60,000. |
|
04 |
Purchased from Rama. |
4000 |
|
06 |
Purchased a computer and paid by cheque. |
15,000. |
|
09 |
Ram withdraw cash for his personal expense. |
5000 |
|
13 |
Furniture purchased. |
10,000. |
|
15 |
Return the goods to Rama. |
500 |
|
18 |
Amir return goods. |
1000 |
|
20 |
Advertisement expenses paid. |
1000 |
|
23 |
Deposited cash into Canara Bank. |
3000 |
|
25 |
Goods Withdrawn for personal work. |
2000 |
|
27 |
Cash paid to Ramesh Rupees 3900 and discount
received. |
100 |
|
28 |
Cash received from Ramu Rupees 2800 and
discount allowed. |
200 |
|
29 |
Cash withdrawn from bank for office use. |
6000 |
|
31 |
Salaries paid by cheque. |
8000 |
Ok that's
it in this problem!
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Click herefor Problem #1 solution
Click herefor Problem #3 solution
If you are
TS Intermediate 2nd Year student then go to TSBIE Accountancy II Depreciation problem #1 solved!
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