Question

14. Journalise the following transactions:
...See
200
₹
80,000
50,000
60,000
10,000
25,000
3,000
2019
June 1 Rohit started business with cash..........
June 5 Purchased goods from Rahul .....
June 7 Sold goods against cheque....
June 8 Sold goods to Rakesh......
June 11 Paid salaries
Paid salaries ..................
June 13 Paid electricity bill in cash...........
June 15 Paid to Rahul 28,000 by cheque, received discount 2,000
June 18 Dues from Rakesh were not recoverable
June 25 Goods lost in fire costing ......
June 28 Insurance claim received..............
>
as.SS.O.O.
***********
28.06555
......
e.tr.......ee
3,000
2,500​

Answer 1

Answer:

June 1st cash account debit to Rohit capital account June 5th purchase account debit to Rahul June 7th bank account debit to sales account June 8 Rakesh debit to sales account June 11 salaries account debit to cash account June 13 electricity bill account debit to cash account June 15 bank account debit account received account debit to Rahul June 18 bad debts account debit to Rakesh June 25 loss of stock by fire to purchase account June 28 insurance account debit to bank account

all the journal entries are here

hope it will help you