Question

1. Journalise the following transactions
2013 Rs
June 3 Received cash from Ram 5,000
June 4 Purchased goods for cash 1,500
June 11 Sold goods to Hari 1,200
June 13Paid Ramavtar 400
June 17 Received from Hari 100
June 20 Bought furniture from Ram 200
June 27 Paid rent 280
June 30 Paid Salary 500

Answer 1

Explanation:

received from Hari 1000

Answer 2

                                   Journal Entries

3 June 2013

Cash A/C DR 5,000

            To Ram A/C 5,000

( Being cash recieved from Ram )

4 June 2013

Purchase A/C DR  1,500

                   To Cash A/C  1,500

( Being goods purchased with cash )

11 June 2013

Hari A/C DR 1,200

                  To Sales A/C 1,200

( Being goods sold to Hari )

13 June 2013

Ramavtar A/C DR 400

                 To Cash A/C 400

( Being cash given to Ramavtar )

17 June 2013

Cash A/C DR 100

            To Hari A/C 100

( Being goods recieved from Hari )

20 June 2013
Furniture A/C DR 200

          To Ram A/C 200

( Being furniture bought from Ram )

27 June 2013

Rent A/C DR 280

        To Cash A/C 280

( Being rent paid by cash )

30 June 2013

Salary A/C DR 500

             To Cash A/C 500

( Being salary paid by cash )