Question

A. Joumalise the following transactions in the books of Gajanan
2015 October
1. Started Business with cash Rs. 100000 and building Rs. 200000.
S. Paid for Postage Rs. 10000
S. Paid for wages Rs 15000
10. Received Dividend Rs. 5000
15. Purchased Laptop for Rs 20000 @ 2896 GST and amount paid by NEFT
19. Paid for Rent Rs. 4000 and Commission Rs. 3000
20. Sold goods to Urmila at Rs 30000 @ 596 Trade Discount​

Answer 1

Explanation:

cash a/c. dr 100000

building a/c dr 200000

to capital a/c. 300000

postage a/c. dr. 10000

to cash a/c. 10000

wages a/c. dr. 15000

to cash a/c. 15000

cash a/c dr. 5000

to dividend a/c. 5000

laptop a/c. dr. 22896

to cash. a/c. 22896

Rent a/c. dr. 4000

commission a/c dr. 3000

to cash a/c 7000

urmila a/c. dr. 29404

to sales a/c 29404