Question

6. Some of the transactions of a firm are given. Journalize them
1. Cash received from Ali.
3. Money sent from office to bank.
2. Purchased goods from Rao for cash.
4. Paid salary to Krishna.
5. Cash Sales.
6. Purchase Furniture for cheque.
7. Received cash as damages from supplier.
9. Mohan the proprietor takes goods.
8. Sold old machinery to Khan on credit.
10. Bills for stationery received not yet paid.​

Answer 1

Answer:

1. cash A/c dr.

To Ali

2. Bank A/c dr.

To cash A/c

3.purchases A/c dr.

To cash A/c

4. salary A/c dr.

To cash A/c

5. cash A/c dr.

To sales A/c

6. Furniture A/c dr.

To bank A/c

7. Cash for damages A/c dr.

To supplier A/c

9. Drawings A/c dr.

To purchases A/c

8. Khan dr.

To machinery A/c

10. stationary A/c dr.

To outstanding stationary A/c