Question

Assignment-3
1. Journalize the following transaction in the Books of Rohit:
1. Rohit stared business with a capital of Rs. 5,00,000.
2. Opened a bank account in SBI with an amount of Rs. 4,80,000.
3. Bought furniture fir Rs. 60,000 and cheque was issued on the same day
cht plant and machinery for the business for Rs. 1,25,000 and an advance of Rs. 10.000 in c
Ms Ramjee Lal.
5. Goods purchased from M/s Sumit Traders for Rs. 55,000.
6. Goods costing Rs. 25,000 sold to Rajani Enterprises for Rs. 35,000.​

Answer 1

Answer:

1.cash account Dr

To, capital account

2.bank account Dr

To, cash account

3.furniture account Dr

To, bank account

5.purchase account Dr

To, m/s sumith traders account

6.cash account Dr

To, sales account