Question

Ans. Grand Total * 3,5
Journalise the following transactions in the books of Bharti Bhandar, Ranchi :
2016
October 1 Commenced business with cash
2 Paid into Bank
3 Bought goods for cash
4 Bought Furniture for office use by cheque
10 Withdrew from Bank for office use
13 Goods sold to Gopal
15 Bought furniture from Ramashankar
18 Paid trade expenses
19 Received cash from Gopal
25 Paid wages
28 Paid cash to Ramashankar
30 Interest on capital charged
30 Paid Commission
₹
10,000
8,000
500
500
900
500
510
200
500
70
510
500
150
07​

Answer 1

Answer:

remaining entries :-

18) trade expenses a/c dr 200

          to cash a/c 200

19) cash a/c dr 500

             to gopal 500

25) wages a/c dr 70

              to cash a/c 70

28) ramashankar dr 510

                 to cash a/c 510

30) int on capital a/c dr 150

                     to capital a/c 150

30) commision dr 70

                     to cash a/c 70

Explanation: