Sie sind auf Seite 1von 1

IPCC ACCOUNTS

1. A. Adamjee keeps his books on single entry basis. The analysis of the cash book for the year ended on 31 December, 2008 is given below: Receipts st Bank Balance as on 1 January, 2008 Received from Sundry Debtors Cash sales Capital brought during the year Interest on investments Rs. 2,800 48,000 11,000 6,000 200 Payments Payments to Sundry creditors Salaries General expenses Rent and Taxes Drawings Cash purchases st Balance at Bank on 31 Dec., 2008 st Cash in hand on 31 Dec., 2008 Rs. 35,000 6,500 2,500 1,500 3,600 12,000 6,400 500 68,000
st

68,000

Particulars of the other assets and liabilities are as follows: Sundry Debtors Sundry Creditors Machinery Furniture Stock Investments
st

1 January, 2008 14,500 5,800 7,500 1,200 3,900 5,000

st

31 December, 2008 17,600 7,900 7,500 1,200 5,700 5,000

st

Prepare final accounts for the year ending 31 December, 2008 after providing depreciation at 10 percent on machinery and furniture and Rs.800 against doubtful debts. 2. From the following particulars furnished by Shri Ramji, prepare Trading and Profit and Loss account for the year ended 31.3.2005. Also draft his Balance Sheet as at 31.03.2005. 01.04.2004 Rs. 3,15,400 12,000 2,32,200 1,60,800 59,200 80,000 3,30,600 31.03.2005 Rs. 2,48,000 6,600 2,40,800 2,22,400 24,000 1,37,600 ?

Creditors Expenses outstanding Fixed Assets (includes machinery) Stock in hand Cash in hand Cash at Bank Sundry Debtors Details of the years transactions are as follows:

Rs. Cash and discount credited to 12,80,000 Returns from debtors debtors Sales (Both cash and credit) 14,36,200 Bad debts Returns to creditors 8,000 Discount allowed by creditors Cash purchases 20,600 Capital introduced by cheque Drawings by cheque 8,600 Expenses paid by cash Cash deposited into bank 1,00,000 Machinery acquired by cheque Cash sales 92,000 Cash withdrawn from Bank Collection from debtors 12,50,000 Payment to creditors by cheque (Deposited into bank after receiving cash) Note: Ramji has not sold any Fixed asset during the year.

Rs. 29,000 8,400 14,000 1,70,000 1,91,400 63,600 1,84,800 12,05,400

Das könnte Ihnen auch gefallen