13. Journalize the following transaction
2017
Jan-1
commenced business with cash
Jan -2 cash Purchase
Jan -7 Deposited into bank
Jan -9 cash withdrawn for personal use
Jan -11 commissions received
Jan-12 sold goods to vinayak
Jan-13 Purchase stationary
Jan-14 Goods return from vinayak
Jan 19 Sold furniture to Anushka
Jan-21 cash received from vinayak
Discount allowed Rs. 200
Jan-28 Salaries paid by cheque
2x12=24M.
Rs. 1,00,000
Rs. 25,000.
Rs. 20,000.
Rs. 2,000
Rs: 2,500.
R$14,000
Rs. 800,
Rs. 1,000.
Rs. 15,000.
Rs: 12,800.
Rs. 9,000
Answers
Answer:
Jan 1 2017. cash a/c Dr 100000
to capital a/c 100000
Jan 2 purchase a/c 25000
to purchase a/c 25000
Jan 7 bank account Dr 20000
to cash a/c 20000
Jan 9 drawing a/c Dr 2000
to cash a/c 2000
Jan 11 cash a/c Dr 2500
to commission received a/c 2500
Jan 12 vinayak's Dr 14000
to sales a/c 14000
Jan 13 stationary a/c Dr 800
to cash a/c 800
Jan 14 sales return a/c Dr 1000
to vinayak's 1000
Jan19 furniture a/c Dr 15000
to sales a/c 15000
Jan 21 cash a/c Dr 12800
discount a/c Dr 200
to vinayak's 13000
Jan 28 salary a/c Dr 9000
to Bank a/c 9000...
Explanation:
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