Question

Joumalize the following transactions in books of Tandoor Restaurant:
(a) Commenced business with capital Rs. 25,000
(b) Purchased vegetables on credit from Raman for Rs. 10,000
(c) Withdrawn from bank for office use Rs. 12,000
(d) Received rent Rs. 5,000
(e) Cash deposited into bank Rs. 2,500
(1) Paid salary to chef Rs. 12,000
(g) Paid to Raman Rs. 7,000
(h) Sold food for Rs. 15,000
(1) Withdrew cash for personal use Rs. 5,000
6) Gave loan to Bhim Rs. 6,000
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Answer 1

Explanation:

Cash a/c dr 25000

to capital a/c 25000

Purchase a/c dr 10000

To Raman a/c 10000

Cash a/c dr 12000

To bank a/c 12000

cash a/c dr 5000

to rent received a/c 5000

bank a/c dr 2500

to cash a/c 2500

salary a/c dr 12000

to cash a/c 12000

Raman a/c dr 7000

to cash a/c 7000

cash a/c dr 15000

to sales 15000

drawing a/c dr 5000

to cash a/c 5000

Bhim a/c dr 6000

to cash a/c 6000

hope this will help you

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