Question

Journalise the following transaction in the books of Shri. Herembeh
2018 April 1 Herambh started business with cash ₹ 71,000.
2 Purchased goods from Mahesh ₹ 20,000 . 5 Deposited cash into Bank of India ₹ 30000 . 9 Sold goods to Dhanraj ₹ 25000 on credit . 11 Purchased Furniture of ₹ 10000 for cash . 14 Paid to Mahesh by Cheque of Bank of India ₹ 10000 . 18 Received a bearer cheque for ₹ 15000 from Dhanraj . 30 Paid salary by cheque ₹ 4000.

Answer 1

Answer:

1. Cash A/c 71,000

to Capital A/c

2. Purchases Ac 20,000

to Mahesh A/c 20,000 (as it is credit purchases)

3.Dhanraj A/c 25000

to Sales 25000

4FurnitureA/c 10000

to Cash a/c

5 Mahesh A/c 10,000

to Bank A/c

6. Bank A/c 15000

to Dhanraj A/c 10000

7. Salary A/c 4000

to bank 4000

Explanation:

Do write the narrations.

Answer 2

Answer:

cash ac Dr to capital ac cr