Question

ICY IS NC
Question No. 1. Journalize the following in the books of X. as ledger posting
1 X started business with cash Rs. 1,00.000
2 Purchased goods for cash Rs.30,000.
cash Al
Puschase
3. Purchased goods from Ram on credit for Rs. 20,000.
4. Salary paid Rs. 2,000.
5. Purchase goods from Mohan worth Rs. 5,000.
6. Paid to Ram Rs. 15,000.
7.Sold goods for Cash for Rs. 15,000.
8. Sold goods to Shyam for Rs. 25,000.
9. Cash received from Shyam Rs. 20,000.
10.Cash deposited into bank Rs. 25,000.
11. Commission received Rs. 2000.
12. Cash withdrawn from bank Rs. 12000.​

Answer 1

Answer:

1) cash a/c Dr 1ooooo

to capital a/c 100000

2) purchases a/c Dr 30000

to cash a/c 30000

3) purchases a/c Dr 2oooo

to ram's a/c 2oooo

4) salary a/c Dr 2000

to cash a/c. 2000

5) purchases a/c Dr 5000

to mohan's a/c 5000

6) Ram's a/c Dr 15000

to cash a/c 15ooo

7) cash a/c Dr 15000

to sales a/c 15000

8) shyam's a/c Dr 25000

to sales a/c 25000

9) cash a/c Dr 20000

to shyam's a/c 20000

10) bank a/c Dr 25000

t0 cash a/c 25000

11) cash a/c Dr 2ooo

to commission a/c 2ooo

12) cash a/c Dr 12ooo

to bank a/c 12ooo