1.4.2005 Business started with cash Rs. 1,50,000. 1.4.2005 Goods purchased form Manisha Rs. 36,000. 1.4.2005 Stationery purchased for cash Rs. 2,200. 2.4.2005 Open a bank account with SBI for Rs. 35,000. 2.4.2005 Goods sold to Priya for Rs. 16,000. 3.4.2005 Received a cheque of Rs. 16,000 from Priya. 5.4.2005 Sold goods to Nidhi Rs. 14,000. 8.4.2005 Nidhi pays Rs. 14,000 cash. 10.4.2005 Purchased goods for Rs. 20,000 on credit from Ritu. 14.4.2005 Insurance paid by cheque Rs. 6,000. 18.4.2005 Paid rent Rs. 2,000. 20.4.2005 Goods costing Rs. 1,500 given as charity. 24.4.2005 Purchased office furniture for Rs. 11,200. 29.4.2005 Cash withdrawn for household purposes Rs. 5000. 30.4.2005 Interest received cash Rs.1,200. 30.4.2005 Cash sales Rs.2,300. 30.4.2005 Commission paid Rs. 3,000 by cehque. 30.4.2005 Telephone bill paid by cheque Rs. 2,000. 30.4.2005 Payment of salaries in cash Rs. 12,000. Journalise the transactions
Answers
Explanation:
1.4.05 capital a/c dr 150000
to cash a/c 150000
1.4.05 purchase a/c dr 36000
to manish 36000
1.4.05 purchase a/c dr 2200
to stationary a/c 2200
2.4.05 cash a/c dr 35000
to bank a/c 35000
2.4.05 priya Dr 16000
to sales a/c 16000
3.4.05 bank a/c dr 16000
to priya 16000
5.4.05 nidhi a/c dr 14000
to sales a/c 14000
8.4.05 cash a/ c dr 14000
to nidhi 14000
10.04.05 purchase a/c dr 20000
to ritu A/c 20000
14.4.05 insurance a/c dr 6000
to cash a/c 6000
18.4.05 rent a/c dr 2000
to cash a/c 2000
20.4.05 charity a/c dr 1500
to cash a/c 1500
24.4.05 purchase a/c dr 11200
to furniture a/c 11200
29.4.05 drawings a/c 5000
to cash a/ c 5000
30.4.05 interest received a/c dr 1200
to cash a/c 1200
30.4.05 cash a/c dr 2300
to sales a/c 2300
30.4.05 commission allowed a/c dr 3000
to cash a/c 3000
30.4.05 telephone bill a/c dr 2000
to cash a/c 2000
30.4.05 salary a/c dr 12000
to cash a/c 12000