Journalise the following:
2017
March 2 Purchased an iron safe for business for Rs. 1,00,000 and payment made by cheque
March 3 purchased filing cabinet for office use Rs. 40000 and paid Rs. 200 as cartage on it
March 4. Purchased and electric fan for Rs. 20,000.
March 5 Purchased a computer from Radha Kishan and co. for Rs. 80,000 on credit.
March 6 Purchased a' Horse' for Business for Rs. 1,50,000 and payment made by cheque.
March 7 Purchased postcards for Rs. 250; Envelopes for Rs. 500 and Stamps for Rs. 1000
March 8 Purchased office stationery for Rs. 4000.
March 9 Gave as charity - cash Rs. 2,000 and goods Rs. 4000.
March 20 The horse bought on March 6 died, it's carcass were sold for Rs. 10,000.
March 25 Sold household Furniture for Rs. 1,00,000 and paid the money into business
March 31 Paid to landlord by cheque Rs. 1,20,000 for rent. One third of the building
is occupied by the proprietor íor residential use.
Answers
Answer:
march2) office equipment ac dr 100000
to bank ac 100000
( being iron purchase and payment done by cheque)
3) office equipment ac dr40000
cartage ac dr200
to cash ac40200
( being equipment purchased on cash)
4) electric fan ac dr20000
to cash ac20000
( being electric fan purchased)
5) computer ac dr80000
to radha kishan ac 8000
(being computer purchased on credit)
6) miscellaneous expenses ac dr150000
to bank ac 150000
( being miscellaneous expense done)
7) postcards ac dr250
stamps ac dr1000
envelopes ac dr500
to cash ac1750
( being miscellaneous expense done)
8) stationery ac dr4000
to cash ac 4000
(being miscellaneous expense done)
9)charity ac dr60000
to cash ac 2000
to purchase ac 4000
( being goods and cash given as charity
20) cash ac dr10000
to sales ac 10000
(being carcass sold )
25) cash ac dr100000
to capital 100000
( being capital introduced)
30) rent ac dr 120000
drawing ac dr 40000
to bank 80000
( being rent paid by cheque)