Question

Find the journal entries for the following transaction:-
1. manju started business with case of rs. 100000.
2. purchased furniture for rs. 5000. 3. purchased good for rs. 4000. 4.Purchased good from kala rs.15000.
5. sold goods for cash rs. 35000.
6.sold goods to ramesh and company rs. 40000.
7.Paid salary to staff in cash rs 15000
8. Paid Electricity bill through check rs. 1500
9.purchased stationary in cash rs. 5000. 10.withdrew cash for personal use rs. 9000.
11.withdrew cash for office use rs. 18000.​

Answer 1

Answer:

1. cash A/c Dr 100000

To Manju's Capital a/c 100000

2. Furniture a/c Dr 5000

To Cash a/c 5000

3. Purchase a/c Dr 4000

To Casha/c. 4000

4. Purchase a/c Dr 15000

To Kala a/c 15000

5. CashA/c Dr. 35000

To Sales a/c. 35000

6. Ramesh and Company A/c Dr 40000

To Sales a/c. 40000

7. Salary a/c Dr. 15000

To Cash a/c 15000

8. Electricity Bill a/c Dr 1500

To banks/c. 1500

9. Stationary a/c Dr 5000

To Cash a/c. 5000

10. Drawings a/c Dr 9000

To casha/c. 9000

11. Office Expense a/c Dr 18000

To cash a/c 18000