Page 74 - DCOM101_FINANCIAL_ACCOUNTING_I

Financial Accounting-I

Notes 4. Jan, 10, 2006 Goods purchased from Mittal & Co ` 10,000

Dr Cr
` `
Jan 10,2006 Purchase A/c Dr 10,000
To Mittal A/c 10,000
Being credit purchase from Mittal

5. Jan,11, 2006 Goods sold to Ganesh & co ` 10,000
Dr Cr
` `
Jan Ganesh A/c Dr 10,000
11,2006 To SaleA/c 10,000
Being credit sale made to Ganesh
6. Jan,12, 2006 Goods returned to Mittal & Co ` 1,500
Dr Cr
` `
Jan 12, Mittal &Co A/c Dr 1,500
2006 To Purchase Return A/c 1,500
(Being the goods returned to supplier Mittal &Co)

7. Jan 20, 2006 Goods returned from Ganesh `2,000
Dr Cr
` `
Jan Sales Return A/c Dr 2,000
20,2006 To Ganesh & Co 2,000
Being sales return made by Ganesh &Co
8. Jan 31, 2006 Office Rent paid ` 500

Dr Cr
` `
Jan Office Rent A/c Dr 500

31,2006 To Cash A/c 500

Being office rent paid
9. Feb 2,2006 Interim Cash Dividend received
Dr Cr
` `
Feb 2, Cash A/c Dr 3,000
2006 To Interim Dividend 3,000
Being cash interim dividend received
10. Feb 8,2006 Cash withdrawn from bank ` 2,000
` `
Feb 8, Cash A/c Dr 2,000
2006 To Bank 2,000
Being cash withdrawn from the bank

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