From the following normally, which account has credit balance?
- ASales
- BSales-returns
- CMachinery
- DBad-debt
28 questions across 3 question groups — pick any mix to generate a Account paper with step-by-step answer keys.
MCQ .(1 Marks)
10 Q→02Answer In One Or Two Sentence .(1 Marks)
10 Q→03Give Answer As Asked . (3 Marks)
8 Q→One sample from each question group in this chapter. Select any group above to see the full set with answer keys.
Answer: C.
View full solution →| Dr. | Ledger of Yogesh Pranav Account | Cr. | |||||
| Date | Particulars | J. F. | Amt. (₹) | Date | Particulars | J. F. | Amt. (₹) |
| $2018$ July |
2018 July |
||||||
| $7$ | Bills payable A/c | $20,000$ | $5$ | Purchase A/c | $36,800$ | ||
| Bank A/c | $1600$ | $12$ | Purchase A/c | $22,500$ | |||
| Discount A/c | $800$ | ||||||
| $16$ | Purchase return A/c | $1500$ | |||||
| $18$ | Bank A/c | $11000$ | |||||
| $31$ | Balance c/f | $10000$ | |||||
| 59,300 | 59,300 | ||||||
| Date | Name of Customer | Outward Invoice No. |
L.F. | Types of Goods | Total Amount (₹) |
||
| Cotton Shirts (₹) | Terrycotton Shirts (₹) |
Designer Shirts (₹) |
|||||
| $2018$ June |
|||||||
| $5$ | Amee Garments A/c | $201$ | $31,000$ | $19,000$ | - | $50,000$ | |
| $8$ | Amar Fashion A/c | $202$ | - | $16,000$ | $9000$ | $25,000$ | |
| Total | 31,000 | 35,000 | 9000 | 75,000 | |||
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