Page 144 - DMGT104_FINANCIAL_ACCOUNTING

Financial Accounting

Notes Creditors Account
Dr. Cr.
Date Particulars J.F. Amount Date Particulars J.F. Amount
( ) ( )
2011 2011
31 March To Suspense A/c 1,23,000 31 March By Balance b/d 1,75,000
31 March To Balance c/d 54,700 31 March By Suspense A/c 2,700
1,77,700 1,77,700

Interest Expense Account
Dr. Cr.
Date Particulars J.F. Amount Date Particulars J.F. Amount
( ) ( )
2011 2011
31 March To Balance b/d 1,76,000 31 March By Balance c/d 1,81,350
31 March To Interest income 5,350
A/c
1,81,350 1,81,350

Interest Income Account
Dr. Cr.
Date Particulars J.F. Amount Date Particulars J.F. Amount
( ) ( )
2011 2011
31 March To Balance c/d 1,30,350 31 March By Balance b/d 1,25,000
31 March By Interest 5,350
Expense A/c
1,30,350 1,30,350

Return Inward Account
Dr. Cr.
Date Particulars J.F. Amount Date Particulars J.F. Amount
( ) ( )
2011 2011
31 March To Balance b/d 32,000 31 March By Balance c/d 82,700
31 March To Suspense A/c 50,700
82,700 82,700

Suspense Account
Dr. Cr.
Date Particulars J.F. Amount Date Particulars J.F. Amount
( ) ( )
2011 2011
31 March To Balance b/d 81,000 31 March By Return Inward 50,700
31 March To Purchase A/c 45,000 31 March A/c
31 March To Sales A/c 45,000 By Creditors A/c 1,23,000
31 March To Creditors A/c 2,700
1,73,700 1,73,700

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