. Journalise the following transactions?
2020
Jan 1 Manish commenced business with a capital of ₹ 2,00,000.
Mar 18 Received cheque from Rashmi & Co. for ₹ 6,000 and cash ₹ 4,000 on account
and allowed them discount ₹ 200.
Oct 21 Cash sales ₹ 11,000; plus CGST 6% and SGST 6%
Cash purchase ₹ 4,300; plus CGST 6% and SGST 6%
Dec 31 Rent due to landlord ₹ 3,000
Interest on drawings ₹ 2,000
Answers
Answered by
2
1. capital a/c Dr. 2,00,000
to cash a/c 2,00,000
2. Bank a/c Dr. 6,000
cash a/c Dr. 4,000
to Discount a/c 2,00
to Rashmi a/c 9,800
3. don't know sorry
4. don't know sorry
5. Rent a/c Dr. 3,000
to cash a/c 3,000
6. Interest a/c Dr. 2,000
to cash a/c 2,000
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