Question

10. Journalise the following transactions in the books of Harbhajan & Co. for the month
of Ist April 2019.
Balance on Ist April 2019
Cash in hand * 35,000, Cash at Bank * 25,000, Furniture * 1.50,000, Laptop 1,00,000.
Debtors : Sangita 40,000, Viru * 30.000
2019
Creditors : Ganesh 10,000. Garima 40,000, Bank loan 50.000
April 1 Purchased goods from Ajay kumar worth 2,50,000 at 10% Trade discount @18% GST
and paid 1/4 amount in Cash.
5 Purchased shares of Infosysis Company 50,000 and 500 paid as brokerage by
DematA/c.
8 Sold goods to Raj worth * 90,000 at 10% Trade discount and 1/3 amount received by
cash and 5% cash discount is allowed.
12 Paid house rent of proprietor 9,000 and office rent * 5,000.
15 Purchased Laptop of 60,000 @ 18% GST and paid amount by cheque.
20 Paid transport charges on the above Laptop 1,000 @ 18% GST.
25 Paid Commission 20,000 to Ram.
26 Paid Telephone Charges * 1,000.
28 Transferred from private Bank A/c of proprietor to business Bank A/c 40,000.
30 Bought goods for * 1,50,000 @ 12% as GST by cheque.
30 Exchanged our Furniture of 30,000 against a Motor car of the same value for business.​

Answer 1

Answer:

Journalise the following transactions in the books of Harbhajan & Co. for the ... Balance on Ist April 2019. Cash in hand * 35,000, Cash at Bank * 25,000, Furniture * 1.50,000, Laptop 1,00,000. Debtors : Sangita 40,000, Viru * 30.000 2019 ... April 1 Purchased goods from Ajay kumar worth 2,50,000 at 10% .

Step-by-step explanation: