17, Journalise the following transactions in the books of Aditi for the month of September, 2019.
019
ept. 1
Commenced business with Cash 35,000/-, Goods * 45,000/-, Loan from Bank * 10,000/- and Creditors
15,000/-
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Answer:
books of Aditi for the month of September, 2019.
019
ept. 1
cash a/c (dr)
to capital a/c
purchased. a/c. (Dr)
to cash. a/c
loan a/ c (dr)
to cash. a /c
cash. a/c. (Dr)
credits. a/c.
Explanation:
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Opening entry in the books of Aditi
Explanation:-
Following is the opening Entry in the books of Aditi for the month of September, 2019
Cash A/c Dr. 35,000
Purchase A/c Dr. 45,000
To Aditi's Capital A/c 55,000
To Bank's Loan 10,000
To Creditors A/c 15,000
Here Dr. is debit
A/c is account
Aditi's Capital is credited with the Balancing Figure amount as there is no specific instructions or amount against it.
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