Question

22. Journalise following transactions :
2019
May 1
M/s Brij Narain of Delhi commenced business as book sellers with a capital of
40.000
May 4
Bought furniture for shop 800
May 5 Bought books and papers worth 22,500 in cash
May 6
Sold books and paper for cash? 15.000
May 7
Purchased books from Maneesha ? 12.000
May 12 Sold goods to Nisha? 4.500
May 14
Sold goods to University Library for cash 9,500
May 15
Paid cash to Maneesha 12.000
May 20 Purchased books from Shallu 4,000
May 22 Sold goods for cash 6,000
May 24 Paid cash to Shallu 4.000
May 30 Paid Rent 2,400 and salaries 2.000​

Answer 1

Answer:

1st entry

cash a/c dr 40000

to capial a/c 40000

2nd entry

furniture a/c dr 800

to cash a/c 800

3rd entry

purchase a/c dr 22500

to cash a/c 22500

4th entry

cash a/c dr 15000

to sales account 15000

5th entry

PURCHASE A/C DR 12000

TO Maneesha a/c 12000

6th entry

Nisha account dr 4500

to sales account 4500

7th entry

cash a/c dr 9500

to sales a/c 9500

8th entry

MANEESHA A/C DR 12000

TO CASH A/C 12000

9TH ENTRY

PURCHASE A/C DR 4000

TO SHALLU 4000

10TH ENTRY

CASH A/C DR 6000

TO SALES A/C 6000

11TH ENTRY

SHALUU A/C DR 4000

TO CASH A/C 4000

12TH ENTRY

RENT AC DR 2400

SALARIES AC DR 2000

TO CASH AC 4400