Question

39. Journalise the following transactions in the
2019
Mar. 1 Borrowed 40,000 from Pooja.
Mar. 3 Lent * 30,000 to Megha.
Mar
. 5 Repaid *25,000 to Pooja.
Mar. 7 Megha repaid Rs 22,000.
Mar. 9 Premium paid for the insurance of goods 4
Mar. 11 Premium paid for the insurance of machine
Mar. 13 Premium paid on the life policy of proprietor
Mar. 15 Premium paid on the life policy of employee​

Answer 1

Answer:

1. Cash/ Bank A/c ... Dr. 40000

     to Pooja A/c.        40000

2. Megha A/c Dr. 30000

      To Cash/ bank A/c 30000

3. Pooja A/c dr 25000

     To Cash/ bank A/c. 25000

4. Cash/ bank A/c.  22000

      To Megha A/c. 22000

5.

insurance of machine A/c Dr

To Cash / Bank A/c

6. Life policy of proprietor Dr.

to Cash / Bank a/c

7. life policy of employee​ Dr.

To. Cash/ Bank A/c

Explanation: