Question

9.In the books of Kirtan write journal entries , draw necessary accounts in ledger and post them accordingly:

2. Deposited Rs. 77000 in bank and opened a bank account.

3. Purchase goods of Rs. 60000 from Aryan at 10% T.D. and 5% C.D. and paid 50%
amount by Cheque.

4. Sold goods of Rs. 90000 to Aastha and paid half amount by cash.

5. Cash purchase 45000 and cash sales 23000.

6. Paid salary Rs. 5000.

7. Aastha paid remaining and settled the account.

8. Purchase a new machine of Rs. 20000.​

Answer 1

Answer:

bank account... Dr. 77,000

to cash account... 77,000

purchase account.... Dr. 54,000

to bank account 24,300

to discount received 2700

to aryan 27,000

cash account..... Dr. 45,000

aastha.... Dr. 45,000

to sales account... 90,000

purchase account.... Dr. 45,000

to cash account... 45,000

cash account.... Dr. 23,000

to sales account... 23,000

salary account...... Dr. 5000

to cash account.... 5000

cash account..... Dr. 45,000

to aastha.... 45,000

machinery ..... Dr. 20,000

to cash account... 20,000