Question

following transactions in the books of Varun<br />7. Journalise the following transactions in th<br />2018<br />Oct (1) Purchased Machinery of<br />5,000 for freight.<br />95.000 and paid<br />3 Purchased goods for * 1,50,000 and amount paid by Bank.<br />6 Purchased Laptop from Nagesh & Co. worth * 1,80,000 @18% GST.<br />10 Paid into Bank of Baroda * 70,000.<br />12 Paid for Rent 4,000 and Commission 3,000.<br />15 Bought goods from Tushar Company Ltd. 7 1,20,000 at 12% GST and paid 1/2 amount<br />by RTGS.<br />16 Cash purchases * 50,000 amount paid by cheque.<br />20 Invoiced goods to Satish * 80,000 at 12% GST and amount received by cheque.<br />25 Paid for Telephone charges 90,000<br />27 Mrs. Varsha bought goods from us * 90,000 at 12% Trade Discount.<br />28 Purchased goods from Abhijeet & Sons * 1,50,000 at 18% GST.<br />30) Paid to Abhijeet & Sons and received 10% Cash Discount by cheque.<br />31. Paid for Advertisement 3 8,000 and Brokerage 12,000.​

Answer 1

Answer:

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