Question

journalise the following transactions in book of Rahul company United:-
2019=
--------- Jan 1:started a business with cash Rs.50'000.
2: purchase goods for cash Rs.10,000.

3:purchase goods from ram Rs.5,000.

4: purchase goods from ram on credit Rs.10,000.

5: purchase goods from ram in cash Rs.5,000.

6: purchase goods Rs.500.

7: purchase goods on credit Rs.1500.​

Answer 1

Answer:

1. Cash A/C -----------–-Dr.

To Capital A/C

2. Purchases A/C ---------------Dr.

To Cash A/C

3. Purchases A/C -----------------Dr.

To Ram A/C

4. Purchases A/C -----------------Dr.

To Ram A/C

5. Purchases A/C -------------Dr.

To Cash A/C

6. Purchases A/C -----------Dr.

To Cash A/C

7. Purchases A/C -----------Dr.

To Creditor A/C