Question

Jounalise tye following transactions.
2017 Jan​

Answer 1

Answer:

1. capital A/c. Dr. 50000

cash. 50000

2. Bank A/c. Dr. 10000

Cash. 10000

3. purchase A/c Dr. 5000

Jagadish. 5000

4. Cash. Dr. 10000

SALES A/C. 10000

5. Jagadish. Dr. 5000

Cash. 5000

6. Travelling exp Dr. 500

Cash. 500

Answer 2

Explanation:

jan01 cash a/c...dr. 50,000

To capital a/c 50,000

jan05 bank a/c...dr 10,000

to cash a/c 10,000

jan07 purchase a/c.....dr. 5000

to jagdish a/c 5000

( purchase on credit)

jan09 cash a/c ...dr. 10000

to sales a/c 10000

jan11 jagdisha/c..dr. 5000

to cash a/c 5000

jan13 travelling exp.a/c ....dr. 500

to cash a/c 500

jan15 drawings a/c...dr 1000

to purchase a/c 1000

jan17 salary a/c...dr. 800

to outstanding salary a/c 800