Accounts Key

1.a

b.

c.

d.

2.

3.

a.

b.

4.

5. a.

b.

Date Particulars No's Income Amount Date Particulars No's Income Amount

1.4.13 To Opening 30.6.13 By Bank A/c (Interest) - 19200 -

balance b/d 1200 3600 126000 (3,200 x 100 x 12%X6/12)

2.5.13 To Bank A/c 2000 8000 192000 30.9.13 By Bank A/c 1500 4500 157500

31.3.14 To P & L A/c 27400 31.12.13 By Bank A/c (Interest) - 10,200 -

To P & L A/c 8437.5 (1,700 x 100 x 12%X6/12)

(Profit on Sale) 31.3.14 By Bal. c/d 1700 5100 168937.5

3200 39000 326437.5 3200 19800 326437.5

6.

7. a.

2. Rs.3,81,818+ 1 st instalment of Rs.2,20,000= Rs.6,01,818.

b.

c.

d.

E.