Question

13. Pass the necessary Journal entry in the books of M/s. Ram Lal and Sons :
2020
April 1. Cash introduced into business by Ram Lal * 40,000.
April 3. Opened a current account in Punjab National Bank* 25,000.
April 5. Purchase Goods for cash 8,000.
April 7. Rent paid by cheque * 1,500.
April 12. Cash sales 12,000.
April 16. Cash received as a commission 400.
April 18. Goods sold to Sh. Manav Mahajan 9,000.
April 22. Salary paid to Divyanshu by cheque * 6,000
April 25. Stationery purchased from M/s Raja Stationers by cheque * 2,200.
April 28. Goods returned by Manav Mahajan for 1,500 and the balance received by
cheque.
April 30. Electricity expenses paid for the month * 1,300.
CGST and SGST is levied @ 6% each on intra-state sale and purchase.
ng in the books of Manita Nuogal of Talandhar​

Answer 1

Answer:

Apl 1. cash A/c. Dr. 40000

To capital A/c. 40000

Answer 2

April 1
Cash ac. Dr. 40000
To capital ac. 40000

April3
Bank ac. Dr. 25000
To cash ac 25000

April5
Purchases ac. Dr. 8000
To cash ac. 8000

April7
Rent ac. Dr. 1500
To bank ac 1500

April12
Cash ac. Dr. 12000
To sales ac. 12000

April 16
Cash ac. Dr. 400
To Commission received ac. 400

April18
Sh. Manav Mahajan Dr. 9000
To sales ac 9000

April 22
Salary ac. Dr. 6000
To bank ac. 6000

April25
Stationary ac. Dr. 2200
To ms Raja stationers 2200

April28
Sales ac dr 1500
Cheque in hand ac dr 7500
To Manav Mahajan 9000

April 30
Electricity ac dr 1300
To cash ac 1300