Question

answer this...........​

Answer 1

Answer:

The answer is in the attachment..

Go through it..

Balance c/d = 51000.

To record the transactions in cash book, we have to prepare the journal entries to the transactions.

Journal entries are Follows :

1 ) Cash a/c Dr 75000

To capital a/c 75000

( cash in hand )

2) Furniture a/c Dr. 12000

To cash a/c 12000

( Purchased furniture )

3) Cash a/c Dr. 32,500

To sales a/c. 1000

( sold goods for cash )

4) Mohan a/c Dr 5000

To cash a/c 5000

( Paid to Mohan )

5) Purchases a/c Dr. 12000

To cash a/c 12000

(Bought goods for cash)

6) Stationery a/c Dr. 1500

To cash. a/c 1500

( paid for stationery )

7) Cash a/c Dr. 1000

To type writer a/c 1000

( sold typewriter )

8) Bank a/c Dr. 25000

To cash a/c. 25000

( deposited to bank )

9) Salary a/c Dr. 1200

To Cash ac. 1200

( Paid salary to staff )

10) Carriage a/c Dr. 800

To cash a/c. 800

( Paid for carriage )

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