Question

JOURNALISE THE FOLLOWING TRANSACTION AND POST THEM INTO LEDGERS
2019
march 1: started business with cash rs 200000
march 2: opened a bank account rs 80000
march 4:goods purchased from raj rs 22000
march 5: goods purchased for cash rs 30000
march 8: goods sold to naman rs 12000
march 10: cash paid to raj rs 22000
march 15: wages paid rs 5000
march 20:furniture purchased for office use rs 3000
march 27:bank charges rs 200
march 30: electricity bill paid rs 4000

Answer 1

Answer:

1. Cash A/C Dr

To Capital A/C

2. Bank Account Dr

To Cash A/C

4. Purchase Dr

To Raj a/C

5. Purchase Dr

To Cash

8. naman Dr

To Sales

10. Raj Dr

To Cash Alc

15. Wages Dr

To Cash

20. Furniture Dr

To Cash

27. Bank charges Dr

To Cash A/C

30. Electricity bill Dr

To Cash Alc