For the following transactions, show the effect on accounting equation.
(a) Raj Started business with cash Rs. 40,000
(b) Opened bank account with a deposit of Rs. 30,000
(c) Bought goods from Hari on credit for Rs. 12,000
(d) Raj withdrew cash for personal use Rs. 1,000
(e) Bought furniture by using debit card for Rs. 10,000
(f) Sold goods to Murugan and cash received Rs. 6,000
(g) Money withdrawn from bank for office use Rs. 1,000

Prepare Anand's account from the following details.

2017 July		Rs
1	Credit balance of Anand's A/c	4,000
15	Amount paid to Anand	2,000
18	Goods purchased from Anand on credit	8,000
20	Paid to Anand	3,960
	Discount allowed by him	40
25	Goods purchased from Anand	5,000

Prepare the trial balance from the following information:

Name of the account	Rs	Name of the account	Rs
Bank Loan	2,00,000	Purchases	1,80,000
Bills Payable	1,00,000	Sales	3,00,000
Stock	70,000	Debtors	4,00,00
Capital	2,50,000	Bank	2,00,000

Enter the following credit transactions in the purchases book of Manoharan, a Provisions Merchant.

2017 May 2	Bought from Vasu 100 bags of rice @ Rs. 800 per bag
May 8	Bought from Cheyyar Sugar Mills Ltd., 20 bags of sugar @ Rs. 2,600 Per bag
May 10	Bought from Ram Flour Mill, Coimbatore, 10 bags of wheat flour @ Rs. 750 per bag
May 15	Bought from Nilgiri Tea Co., Nilgiris, 15 cases of tea @ Rs. 900 per case
May 25	Bought from Sairam Coffee Works Ltd., 100 kgs of Coffee @ Rs. 190 per kg
May 29	Bought from X & Co. furniture worth Rs. 2,000

Enter the following transactions in a single column cash book of Ramalingam for month of July, 2017.

	Particulars	Rs
July 1	Cash in hand	32,000
5	Received from Keerthana	5,000
6	Paid packing charges in cash	300
7	Cash purchases	12,400
8	Sold goods for cash	2,600
10	Paid salary to manager in cash	7,000
11	Paid to Bala	3,000
12	Purchased goods from Bose	2,500
24	Cash deposited into bank through CDM	4,000
27	Withdraw cash from bank	2,000
31	Paid office rent in cash	6,000

From the following transactions prepare three column cash book of Udhayakumar

2018	Particulars	Rs
Sep 1	Cash balance	25,000
1	Bank Balance (cr.)	13,070
3	Paid into bank	15,000
4	Received cash from Shyamala & Co... Discount allowed to them Rs. 120	9,380
10	Goods sold for cash	7,600
11	Cash purchases	11,750
12	Gave Padma a Cheque for Rs. 21,375 and was allowed a discount of	125
18	Purchased a printer by cheque	7,600
23	Received cash from Rajasekar  Discount allowed to him Rs. 180	14,320

In the books of udhayakumar Three column cash book

				Amount Rs.							Amount Rs.
Date	Particluars	R.N	L.F	Discount Allowed	Cash	Bank	Date	Particluars	V.N	L.F	Discount Received	Cash	Bank
2018							2018
Sep. 1	To Balance b/d				25,000		Sep. 1	By Balance b/d					_______
3	To Cash A/c		C			______	3	By Bank A/c		C		15,000
4	To Shyamala & Co. A/c			120	9,380		11	By Purchases A/c				_____
10	A/c				7,600		12	A/c			125		21,375
23	__________			_______	14,320		18	By Padma A/c
30	To Rajasekar A/c					________	30	By Printer A/c				_____
	To Balance C/d							By Balance C/d
				300	56,300	42,045					125	56,300	42,045

From the following information, prepare bank reconciliation statement as on 31^st December, 2017 to find out the balance as per bank statement.

Particulars	Rs
(i) Bank overdraft as per cash book	20,000
(ii) Cheques deposited but not yet credited	4,000
(iii) Cheque issued but not yet presented for payment	1,000
(iv) Rent collected by the bank as per standing instruction	500
(v) Interest on overdraft debited by bank	2,000
(vi) Amount wrongly debited by bank	300
(vii) Cheque issued on 30th December 2017 dishonoured by the bank	5,000
(viii) A customer's cheque deposited in the bank dishonoured by bank not recorded in the book	2,000

Rectify the following journal entries

	Particulars		L.F.	Dr. Rs	Cr. Rs
a	Kumanan A/c	Dr		10,000
	To Cash A/c				10,000
	(Salary paid to Kumanan)
b	Senguttuvan A/c	Dr		6,000
	To Cash A/c				6,000
	(Rent paid to Senguttuvan)
c	Cash A/c	Dr		2,000
	To Sales A/c				2,000
	(Furniture sold for cash)
d	Cash A/c	Dr		10,000
	To Kumararaja A/c				10,000
	(Goods sold to Kumararaja for cash)
e	Manimaran A/c	Dr		1,000
	To Purchases A/c				1,000
	(Goods taken by the proprietor Mr. Manimaran for his personal use)

Ramu Brothers purchased a machine on 1st July 2016 at a cost of Rs.14,000 and spent Rs.1,000 on its installation. The firm writes off depreciation at 10% of original cost every year. The books are closed on 31st December every year. Give journal entries and prepare machinery account and depreciation account for 2 years

From the following information, prepare trading account for the year ending 31st December 2017.

Particulars	Rs	Particulars	Rs
Opening stock	50,000	Dock charges on purchases	4,000
Cost of goods manufactured	12,000	Import duty on purchases	3,500
Cash purchases	60,000	Wages	11,000
Cash sales	85,000	Sales returns	3,000
Purchases returns	2,000	Credit purchases	35,000
Carriage inwards	4,000	Credit sales	60,000
Freight outwards	3,000	Other direct expenses	7,000
Coal and fuel	2,500