DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH

Name : S. PADMA
Designation : Lecturer
Branch : D.C.C.P
Institute : S.G.M. Govt Polytechnic,
Abdullapurmet
Year/Semester : I Year
Subject : Accountancy-I
Subject Code : CCP-102
Topic : Ledger
Duration : 50 Mts
Sub Topic : Exercises on ledger
Teaching Aids : PPT, Animations
CCP-102.34 1
Objectives
After completion of this period, you would be
able to learn :

 Preparation of Ledger accounts without

Journal Entries
 Preparation of Individual Ledger accounts

 Posting entries in relevant ledger

accounts
 Balancing each ledger account

CCP-102.34 2
Structure
 Opening of ledger accounts
 Postings into ledgers
 Balancing Ledger accounts
 Summary
 Assignment

CCP-102.34 3
Recap
 In previous section we have learned
preparation of Ledger

CCP-102.34 4
Problem
Prepare Rajesh account from the following:

2002 Rs.
July 1 Amount due to Rajesh 6,500
3 Cash sales to Rajesh 1,000

10 Goods bought from Rajesh 2,000

15 Cash paid to Rajesh 4,200
20 Goods returned to Rajesh 500
24 Received cash from Rajesh 3,000
27 Credit sales to Rajesh 1,500
28 Bought goods from Rajesh on credit 2,500
CCP-102.34 5
 Rajesh’s Account
Dr Cr

Date Particulars J Amt Date Particulars J Amt

F Rs F Rs
2002 2002
July15 To Cash a/c 4,200 July1 By balance b/d 6,500
20 To Pur.Returns 500 10 By purchases 2,000
27 To sales a/c 1,500 24 a/c 3,000
31 To balance c/d 7,800 28 By Cash a/c 2,500
--------- By purchases ----------
a/c
14,000 14,000
--------- ----------
Aug1 7,800

By balance b/d
CCP-102.34 6
Problem
From the following particulars write up the
account of Ashok & Co and balance it
2001 Rs.
Feb 1 Amount due from Ashok & Co., 7,500
5 Goods sold to them 2,500

8 Goods returned by them 1,000

12 Cash Sales 800
18 Received cash from them 5,000
25 Ashok & Co., supplied Furniture 8,000
31 Anand & Co., settled their account

CCP-102.34 7
 Ashok & Co., Account
Dr Cr

Date Particulars J Amt Date Particulars J Amt

F Rs F Rs
2001 2001
Feb 1 To balance b/d 7,500 Feb 8 By Sales 1,000
5 To sales a/c 2,500 Returns a/c
29 To balance c/d 4,000 18 By Cash a/c 5,000
25 By Furniture a/c 8,000
--------- ---------
14,000 14,000
--------- ---------

Mar 1 By balance b/d 4,000

CCP-102.34 8
Quiz

1. Ram owes Rs 10,000. if payment is made before

due date , a discount of 10% is allowed. Ram
agreed. His account is created with
a) Rs 10,000
b) Rs 9,900
c) Rs 9,900 & Rs 100 towards discount

CCP-102.34 9
1. Krishna is a debtor with Rs 2,000.the account is
shown in his A/c
a) Debit side
b) Credit side
c) Not shown any where

CCP-102.34 10
Summary
 Preparation of Ledger Account without
Journal Entries
 Balancing the Ledger Account

CCP-102.34 11
Frequently asked Questions in
Examinations

 List any three difference between Journal and

Ledger?

 What are the use of Ledger?

CCP-102.34 12
Assignment :

2003 Rs.
Jan 1 Amount due to Kamal 8,500
4 Cash purchases from Kamal 1,000

13 Goods bought from Kamal 5,000

17 Goods returned to Kamal 500

22 Cash paid to Kamal 6,000

25 Purchased goods for cash from Kamal 2,500
29 Kamal settled their account and allowed
discount 500
CCP-102.34 13
Thank You

CCP-102.34 14