METHOD MEDIA COMPUTER ACADEMY PRIVATE LIMITED

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(Debit The Reciever And Credit The Giver)<o:p></o:p><blockquote style="margin: 0 0 0 40px; border: none; padding: 0px;">Q
1. Ram paid to raman of rs. 1000.ANS.-Transaction
Between Personal A/C To Personal A/C<o:p></o:p>          [Debit the reciever and credit the
giver.]          Transaction b/w raman a/c to ram a/c             Raman a/c--------------------dr,
1000                        To, ram a/c                           1000[Being:- ram paid to
raman]Q
2. Amit received amount from raju of rs. 10000.<o:p></o:p>ANS.- Transaction
Between Personal A/C To Personal A/C<o:p></o:p>          [Debit the reciever and credit the
giver.]<o:p></o:p>          Transaction b/w amit a/c to raju a/c<o:p></o:p>                        Amit
a/c---------------------dr, 10000<o:p></o:p>                                    To, raju a/c                      10000<o:p></o:p>

</blockquote><blockquote style="margin: 0 0 0 40px; border: none; padding: 0px;"><blockquote style="margin: 0 0 0 40px; border: none; padding: 0px;"><blockquote style="margin: 0 0 0 40px; border: none; padding: 0px;"><blockquote style="margin: 0 0 0 40px; border: none; padding: 0px;"><blockquote style="margin: 0 0 0 40px; border: none; padding: 0px;"><o:p> </o:p>Transaction Between Personal Account To Real
Account</blockquote></blockquote></blockquote></blockquote></blockquote><blockquote style="margin: 0 0 0 40px; border: none; padding: 0px;">

[Being:- Deposited
cash at PNB  bank]<o:p></o:p>Q
2. Paid to prabhat of rs. 50,000 by cah.<o:p></o:p>ANS.- Transaction B/W
Personal A/C To Real A/C<o:p></o:p>[Debit the reciever
& credit what goes out.]<o:p></o:p>Transaction b/w
prabhat a/c to cash a/c<o:p></o:p>Prabhat
a/c------------------dr, 50,000<o:p></o:p>                        To, cash a/c                        50,000<o:p></o:p>

[Being:- interest received by
cheque]<o:p></o:p>Transaction Between Real Account To Personal
Account<o:p></o:p>Debit What Comes In And Credit The Giver<o:p></o:p><o:p> </o:p>Q
1.  Received amount from rohan of rs.
1,000<o:p></o:p>ANS.- Transaction
between real a/c to personal a/c<o:p></o:p>[Debit what comes in and credit the giver]<o:p></o:p>Transaction between cash a/c to rohan a/c<o:p></o:p>Cash a/c -------------------dr, 1,000<o:p></o:p>                        To, rohan a/c                 
1,000<o:p></o:p>

To, bank a/c                                   10,000<o:p></o:p>         [Being:- goods purchase by cheque]<o:p></o:p>Q
3.  Purchase goods from R.K. Enterprises
of rs. 10,000 on ten days credit.<o:p></o:p>ANS.- Transaction
between real a/c to personal a/c<o:p></o:p>[Debit what comes in and credit the giver]<o:p></o:p>Transaction b/w purchase goods a/c to R.K. Enterprises a/c <o:p></o:p>Purchase goods a/c ----------------------dr, 10,000<o:p></o:p>                        To, R.K.
Enterprises a/c                      10,000<o:p></o:p>

[Being:- rent paid by cheque]<o:p></o:p>Transaction Between Nominal AccountTo Real
Account<o:p></o:p>Debit All Expenses And Losses & Credit What
Goes Out<o:p></o:p><o:p> </o:p>Q
3. Rent paid of rs. 5,000 by cash<o:p></o:p>ANS.- Transaction
between nominal a/c to real a/c<o:p></o:p>[Debit all expenses and losses & credit what goes out]<o:p></o:p>Transaction between rent paid a/c to cash a/c<o:p></o:p>Rent paid a/c  --------------------dr,
5,000<o:p></o:p>                        to, cash
a/c                               5,000<o:p></o:p>[Being:- rent paid by cash]<o:p></o:p><o:p> </o:p>Q
4. Interest paid of rs. 1,000<o:p></o:p>ANS.- Transaction
between nominal a/c to real a/c<o:p></o:p>[Debit all expenses and losses & credit what goes out]<o:p></o:p>Transaction between interest paid a/c to cash a/c<o:p></o:p>Interest paid a/c -----------------dr, 1,000<o:p></o:p>                        to cash a/c                               1,000<o:p></o:p>[Being:- interest paid]<o:p></o:p><o:p> </o:p><o:p> </o:p> Transaction Between Nominal Account To Nominal
Account<o:p></o:p>Debit All Expenses And
Losses  Credit All Incomes And Gains<o:p></o:p><o:p> </o:p>Q
1. Salary received of rs. 4,000 but by mistake written interest received.<o:p></o:p>ANS.- Transaction
between nominal a/c to nominal a/c<o:p></o:p>[Debit all expenses and losses & credit all incomes and gains]<o:p></o:p>Transaction b/w interest received to salary received a/c<o:p></o:p>Interst received a/c ------------------------dr, 4,000<o:p></o:p>                        To, salary
received a/c             4,000<o:p></o:p>

[Being:- commission paid
but by mistake written salary paid]<o:p></o:p> </blockquote>

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