| Sr. No. |
Journal enirjes | Debit | Credit | Effects | Accounting treatments based on equation |
| $1$ | Cash A./C Dr To Capital A/C |
$30,000$ | $30,000$ |
Cash Comes in : -> Increase in asset capital given by owner. -> Increase in capital. |
->Assets increased by $30,000$ and, ->Capital increased by $30,000$, ->Thus equalling is satisfied. |
| $2$ | Furniture A/C Dr To Cash A/C |
$5,700$ | $5,700$ |
Furniture comes in ->Increase in Asset Cash goes out. ->Decrease in Asset |
->Assets increased and decreased by the same amount of $5,700$. ->Thus equation is satisfied. |
| $3$ | Salary A/C Dr To Cash A/C |
$1,500$ | $1,500$ |
Due to paid salary ->Increase in Asset Cash goes out. ->Decrease in Asset |
->Assets and decreased by the same amount of $1,500$. ->Thus equation is satisfied. |
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
| $(1)$ | A cheque of $₹ 6000$ is deposited in a bank on $28-3-2015$, but till $31-3-2015$ bank has not credited the same, in Shri Jaimini's account. |
| $(2)$ | Interest of $₹ 400$ is credited by bank in Shri Jaimini's account, which is not recorded in cashbook. |
| $(3)$ | A cheque of $₹ 2000$ is drawn and issued to Dev on $31-3-2015$, which is yet not presented for payment in bank. |
| $(4)$ | Bank has debited bank charges of $₹ 100$ in the account of Shri Jaimini, which remains unrecorded in cashbook. |
| $2014$ | |
| March | |
| $1$ | Goods of $Rs. 5000$ is purchased on cash. |
| $4$ | Goods of $Rs. Rs. 8000$ is purchased from Nandan on credit. |
| $7$ | Goods of $Rs. 4000$ is sold to Jigna. |
| $12$ | Commission received $Rs. 200.$ |
| $15$ | Wages expense paid $Rs. 150.$ |
