Question

99 99 Enter the following transactions in the Journal of Abhishek and post them to the Ledger : 2020 Mar.1 Abhishek started business with cash 1,00.000 2 Purchased goods from Mohan for cash 80,000 13 Sold goods to Shubham for Cash 96,000 15 Purchased goods from Ram 12.000 20 Sold goods to Shyam 14.400 25 Received from Shyam 14,000 Allowed him discount 400 27 Paid Ram Cash 11,400 1 He allowed discount 600 28 Purchased furniture 20,000 30 Paid office expenses 2.000 [Ans. Total of Journal 3,50,800.] one to the ledger and find the balance of accounts on 30.9.2019. 39 C​

Answer 1

Explanation:

Answer:

1. cash a/c dr 100000

to capital a/c 100000

2 purchase a/c dr. 80000

to cash a/c 80000

3 Cash a/c dr 96000

to sales a/c 96000

4 purchase a/c dr 12000

to ram a/c 12000

5 shyam a/c dr 14400

to sales a/a 14400

6 cash a/c dr 14000

dis allpwed a/c dr 400

to shyam a/c 14400

7 ram a/c dr 12000

to cash a/c 11400

to dis recieved a/c 600

8 Furniture a/c dr 20000

to cash a/c 20000

9 office equ. dr 2000

to cash a/c 2000