Question

Journal
Without Goods and Services Tax (GST)
1. Following transactions of Ramesh for April, 2019 are given below, Journalise them.
2019
April 1 Ramesh started business with cash.....
1,00,000
April 2 Paid into bank............
20.000
April 3 Bought goods for cash
50.000
April 4 Drew cash from bank for office use.
10,000
April 13 Sold goods to Krishna
15,000
April 20 Bought goods from Shyam.....
22.500
April 22 Krishna returned goods
2,000
April 24 Received from Krishna .
12,500
Allowed him discount.
500
April 28 Paid cash to Shyam
21,500
Discount received
1,000
April 30 Cash sales for the month
80,000
April 30 Paid rent......
5,000
April 30 Paid salary
10.000​

Answer 1

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