Question

12.
1
Journalise the following transactions and post the entries into the respective ledger accounts:
2001
₹
Jan. 1 Rajesh commenced business with cash
17.000
3 Paid into Bank
4.000
4
Bought Machinery for cash
4,000
5 Purchased furniture for
6 Purchased goods for cash
4.000
7 Paid for postage and stationery
8 Sold goods to Devaraj for cash
9
Sold goods to Mohan
1.800
10 Paid advertisement expenses
the following transactions with D. Manoi.​

Answer 1

Answer:

Jan 1

cash a/c -----dr. 17000

To capital. 17000

Jan 3

bank a/c -----dr. 4000

To cash a/c. 4000

machinery a/c -----dr. 4000

To cash a/c. 4000

furniture a/c -----dr. ------

To cash a/c. --------

purchases a/c -----dr. 4000

To cash a/c. 4000

postage and stationery ------

To cash a/c ------

cash a/c -----dr. -------

To sale a/c. -------

Mohan a/c -----dr. 1800

To sale. a/c. 1800

advertisement exp. a/c---dr ----

To cash a/c. ------

Explanation:

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