Question

Journalise the following transaction and prepare a ledger accounts in the book of Mudit..
2017 cash Jan 01Commenced business with cash 1,75,000
Jan02 Building 1,00,000
Jan03Goods purchased for cash 75,000
Jan04Sold goods to Ramesh. 30,000
Jan06Sold goods for cash 10,000
Jan10Paid for trade expenses. 700
Jan12Cash received from Ramesh. 29,500
Discount allowed 500
Jan14Goods purchased for Sudhir. 27,000
Jan18Cartage paid 1,000
Jan20Drew cash for personal use. 5,000
Jan22Goods use for house hold 2,000
Jan25Cash paid to Sudhir. 26,700
Discount allowed. 300

please give me the answer of ledger
class 11th cbse Accounting chapter 3 pg93​

Answer 1

Answer:

Books of Himanshu Journal

Date Particulars L.F Debit

Amount

₹ Credit

Amount

₹

Dec.01 Cash A/CDr.

To Capital A/C

(Being Business started with cash) 75,000 75,000

Dec.07 Purchase A/CDr.

To Cash A/C

(Being goods Purchased goods for cash) 10,000 10,000

Dec.09 Swati A/CDr.

To Sales A/C

(Being Goods sold to Swati) 5,000 5,000

Dec.12 Furniture A/CDr.

To Cash A/C

(Being furniture purchased) 3,000 3,000

Dec.18 Cash A/C 4,000

Discount Allowed A/CDr.

To Swati A/C

(Being cash received from Swati in full settlement) 1,000 5,000

Dec.25 Rent A/CDr.

To Cash A/C

(Being rent paid) 1,000 1,000

Dec.30 Salary A/CDr.

To Cash

(Being salary paid) 1,500 1,500

Total c/f 1,00,500 1,00,500