Question

7) Record the following transactions in the journal proper of Virat.
April - 2019
3. Cash received from Rahul for bad debt recovered Rs. 5,000
5. Gave goods of Rs. 10,000 to Anath Ashram.
10. Goods of Rs. 9,000 returned by Rohit to us..​

Answer 1

Answer:

A journal proper is the book of original entry in which only those entries are recorded that cannot be recorded in the special journal. It is also termed as a General Journal. When the journal is divided into various subsidiary books, it remains only a residuary book in which only those transactions are recorded that cannot be recorded in any other subsidiary book. In such a case, the journal is called as Journal proper. Purchase of asset on credit can neither be recorded in the cash book or the purchase book because cash book only records cash transactions and purchase book only records the credit purchase of goods. Thus purchase and sale or return of purchased or sale asset on credit is recorded in journal proper