Question

11. (a) Journalise the following transactions:
March 1 Bought goods from Kala for cash
2 Bought machinery
3 Paid for stationery
4 Bought goods from Mala
5 Received Five chairs from Godrej Co.
6 Bought packing materials from Umanath
and Godrej Co.
Rs.
730
6,700
120
875
225
175​

Answer 1

Answer:

1 Purchase A/c. Dr730

To Cash Cr. 730

( Being Goods bought from kala for cash.)

2 Machinery A/c. Dr 6700

To Creditors/ cash Cr. 6700

( Being machinery bought.)

3 Stationery A/c. Dr 120

To Cash Cr. 120

(Being amount paid for stationery.)

4 Purchase A/ c. Dr 875

To Mala Cr. 875

( Being Goods bought from mala)

5 Furniture A/ c Dr 225

To Godrej Co Cr. 225

( Being furniture Received from Godrej Co)

6 Purchase A/ c. Dr 175

To Umanath and Godrej Co Cr 175

( Being Goods bought from Umanath and Godrej Co)