Question

0.8 Journalise the following transactions and Prepare ledger accounts in the books of
Sanjeev.
2019
June 1 Cash Received from Raju * 10,000 for commission.
24 Paid mobile bill 1,000 out of which * 700 for office use and for 300 for personal
use.​

Answer 1

Answer:

Cash A/C. Dr... 10,000

To Commission received A/C 10,000

(for commission received in cash)

office expenses A/C. Dr... 700

drawings A/C. Dr... 300

To Cash A/C. 1000

Answer 2

Explanation:

Raghav started business with cash Rs.40,000