Question

22.Pass the jounal entries and prepare the ledger accounts:-
1 April goods sold to Manish 3,000.
2 April Purchased goods from Ramesh 8,000.
3 April Received cash from Rahul in full settlement 9,200.
5 April Cash received from Himanshu on account 4,000.
6 April Paid to Ramesh by cheque 6,000.
7 April Rent paid by cheque. 4,000.
8 Cash sales 3,000.
9 Goods returned to Ramesh 1,000. 10 Postage charges 60
11 Paid for stationery 100

Answer 1

Explanation:

1. Manish acc Dr. to sales acc
2. purchases acc Dr. To Ramesh acc
3. cash acc Dr. To Rahul acc
4. cash acc Dr. To himanshu acc
5. Ramesh acc Dr To bank acc
6. Rent paid acc Dr. To bank acc
7. cash acc Dr. To sales acc
8. Ramesh acc dr 1000 postage charges acc Dr 60 To purchase return acc 1060
9. stationary acc dr To cash acc