Journalise the following transactions and make cash ledger.
Business started with cash Rs. 100000 soncisco
Purchased goods for cash Rs. 10000
Sold goods to Suma Rs. 2000. OSTS
Goods returned from Suma Rs. 1000.
dsbe
Drew for personal use Rs. 3000. OST
Salary outstanding Rs. 500
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Answer:
cash a/c. (Dr)
to capital a/c
purchased a/c. (Dr)
to cash. a/c
suma a/c. (Dr)
to sales a/c
sales return. a/c. (Dr).
to suma. a/c
drawings. a/c. (Dr)
to cash. a/c
salary outstanding. a/c. (Dr)
to salary. a/c
cash. a/c
to capital a/c by purchased a/c
by drawings a/c
capital a/c
by cash a/c
purchased a/c
to cash. a/c
suma. a/c
to sales a/c. by sales return a/c
sales a/c
by suma a/c
drawings a/c
to cash a/c
salary outstanding a/c
to salary a/c
salary a/c
by salary outstanding a/c
place the amount in the transaction and tally over it If any balances came over there also tally it plss
I hope this is useful
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