Scribd
Upload
32 views

CCP102

This document contains a lesson plan on journal entries for an Accountancy class. It discusses journalizing various business transactions like purchasing goods on credit, paying expenses for rent, wages and interest received. The objectives are for students to learn to identify account types, apply debit and credit rules, and record entries in journal form. Examples of journal entries are provided for different types of accounts like real, personal and nominal. A quiz and questions section reinforce the concepts covered.

Uploaded by

api-3849444
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
32 views

CCP102

This document contains a lesson plan on journal entries for an Accountancy class. It discusses journalizing various business transactions like purchasing goods on credit, paying expenses for rent, wages and interest received. The objectives are for students to learn to identify account types, apply debit and credit rules, and record entries in journal form. Examples of journal entries are provided for different types of accounts like real, personal and nominal. A quiz and questions section reinforce the concepts covered.

Uploaded by

api-3849444
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 15

DEPARTMENT OF TECHNICAL EDUCATION

ANDHRAPRADESH
Name :R. Radha
Designation :Assistant Lecturer
Branch :DCCP
Institute :Central Institute of commerce
Year :I year
Subject :Accountancy-I
Subject Code :CCP102.12
Topic :Journalization
Duration :50 minutes
Sub Topic :Entries in journal
Teaching Aids :Animations
CCP102.12 1
Objectives

Upon the completion of this topic the student will be


able to know
 Identifying the type of account
 Applying rules of debit and credit
 Recording in journal form

CCP102.12 2
Purchased goods from Ravi for Cash
Rs.1000
Accounts affected – Goods a/c and Cash a/c

Real a/c

Goods comes in so goods a/c must be debited


Cash goes out so cash a/c must be credited

CCP102.12 3
Paid to Z Rs.200
Accounts affected – Cash a/c and Z a/c

Real a/c Personal a/c

Z is receiving so Z’s a/c must be debited

Cash goes out so cash a/c must be credited

CCP102.12 4
Paid rent to landlord Rs.3500

Accounts affected – Rent a/c and Cash a/c

Nominal a/c Real a/c

Rent is expense so Rent a/c must be debited


Cash goes out so cash a/c must be credited

CCP102.12 5
Paid wages Rs.500

Accounts affected – wages a/c and cash a/c

Nominal a/c Real a/c

Wages is expense so wages a/c must be debited


Cash goes out so cash a/c must be credited

CCP102.12 6
Received interest Rs. 800

Accounts affected – Interest a/c and cash a/c

Nominal a/c Real a/c

Cash comes in so cash a/c must be debited


Interest received is income so interest a/c must
be credited

CCP102.12 7
Paid Rs. 500 into Bank from office
cash
Accounts affected – Bank a/c and cash a/c

Real a/c OR Personal a/c Real a/c

Bank is receiving so Bank a/c must be debited

Cash is going out so cash a/c must be credited

CCP102.12 8
Date Particulars L Debit Credit
F amount amount
Rs
1 Good a/c Dr Rs
1,000
To cash a/c 1,000
(being goods
purchased for cash )
2 Z a/c Dr 200
To cash a/c
(being cash paid to Z) 200

CCP102.12 9
3 Rent a/c L 3,500
Dr F 3,500
To cash a/c
(being rent paid )
4 Wages a/c 500
Dr 500
To Cash a/c
(being wages
paid) 800
5 Cash a/c
Dr
800
To interest
a/c
(being interest CCP102.12 10

received)
6. Bank a/c 500
Dr 100
To Cash a/c
(being cash paid
into Bank)

CCP102.12 11
Summary

We have learned in this session


 Identifying the type of account
 Applying rules of debit and credit
 Recording in journal form

CCP102.12 12
Quiz

1. Interest received is _____________


nominal a/c
2. When cash is paid into Bank. ________should
Bank a/c
be debited

3. When wages is paid. Wages a/c should be________


Debited

CCP102.12 13
Frequently Asked Questions
1. Journalise the transactions given

CCP102.12 14
CCP102.12 15

You might also like