11. Journalise the following transactions in the books of Mr. Hanuman
Jan 01 Mr. Hanuman commenced business with cash 60.000
Jan 03 Paid into bank 20.000
Jan 05 Purchased goods for cash 20,000
Jan 06 Sold goods for cash 25.000
Jan 08 Purchased goods
from Darshan on credit for 10.000
Jan 09 Sold goods to Sudeep on credit for 20.000
Jan 15 Returned goods to Darshan R1,000 for damage
Jan 18 Received goods returned by Sudeep 2.000
Jan 20 Bought Furniture for cash 10,000
Jan 21 Paid to Darshan 8,000 on account
Jan 27 Received from Sudeep 15,000 on account
Jan 31 Paid salaries 15.000.
Answers
Jan 1. Cash A/C .....Dr. 60,000
To Capital A/C 60,000
Jan 3. Bank A/C .....Dr. 20,000
To Cash A/C 20,000
Jan 5. Purchases A/C...Dr. 20,000
To Cash A/C 20,000
Jan 6. Cash A/C .....Dr. 25,000
To Sales A/C 25,000
Jan 8. Purchases A/C...Dr. 10,000
To Darshan A/C 10,000
Jan 9. Sudeep A/C.....Dr. 20,000
To Sales A/C 20,000
Jan 15. Darshan A/C...Dr. 1,000
To Purchase Return A/C 1,000
Jan 18. Sales Return A/C...Dr. 2,000
To Sudeep A/C 2,000
Jan 20. Furniture A/C...Dr. 10,000
To Cash A/C 10,000
Jan 21. Darshan A/C...Dr. 8,000
To Bank A/C 8,000
Jan 27. Bank A/C.....Dr. 15,000
To Sudeep A/C 15,000
Jan 31. Salary A/C.....Dr. 15,000
To Cash A/C 15,000
[With appropriate narration for each Journal Entry to be written, along with total amount of both Dr. and Cr. amounts if necessary.]