Please help me in accounts

Ohhh.... Happy for you.. 

Hey Sarswati you can refer Praveen sharma's Accounts vedios for conceptual clarity. you can get this vedio DVD with your freinds circle free of cost..

Dear,

Self Balancining is nothing but treat it as a normal ledger.

1.if debtors balance opn ,sales shown in dr side of debto a/c while receipt of the same is crdited

& cash or bank debited ,or any dis allowed to customer & cls baln of debtors shown in credit side.

2.if in any case debtors a/c having opn dr bal & cls cred bal then its suggest debtor has given  payment in advance  of sales during year so credit side will be more & its hsows crdit bal.

whatever applies to debtor A/c directly its apply to creditor inverse, it means crditor hvng crdit bal generally (money own to them). but in any case advance payment made for purchase then its shows debit balance also at end of the year.

i hope it will help u little bit.go conceptually its easy.

Thanks to all of you

Dont focus too much on this chapter. It's really not worth it. 

Just understand the proforma with one method and second is exact opposite. 

You may feel it complicated  first ...but if u think with a logic ... it's not even tough than our contra accounts ( 11 th me same thing was quite tough for me)

Just go with the flow and think about Journal entry , you will easily know how to make accounts then.

Goodluck 

read what ever theory given in icai material unless u derstand u ll definitley get

Hi,

Please refer below links-

/forum/self-balancing-ledger-108150.asp

/forum/details.asp?mod_id=57265