Question

2. Journalise the following transactions in the books of Sita :
(i) Business commenced with a capital of 6,00,000.
(ii) 4,50,000 deposited in a bank account.
(ii) 2,30,000 plant and machinery purchased by paying * 30,000 cash immediately.
(iv) Purchased goods worth 40,000 for cash and * 45,000 on account.
(v) Paid a cheque of 2,00,000 to the supplier for plant and machinery.
(vi) 70,000 cash sales (of goods costing 50,000).
(vii) Withdrawn by the proprietor 35,000 cash for personal use.
(vii) Insurance paid by cheque of 2,500.
(ix) Salary of 5,500 outstanding.
(x) Furniture of 30,000 purchased in cash.​

Answer 1

Answer:

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Answer 2

Answer:

(ii) 3,50,000 deposited into a bank