Question

Journalise the following transactions in the book of badri nath
Feb1 goods purchased for 20000 freight paid 500
Feb2 machinery purchased for 30000 installation charges paid 900
Feb3 goods purchased for 25000 from prince cartage paid 300

Answer 1

(1)Purchase A/c dr .20,000

freight A/c ...dr ..500

• To cash a/c ........20,500

{ being freight paid on purchase goods }

(2) Machinery A/c Dr .30,000

Int .charges A/c dr 900

• To cash A/c .......30,900

{ being int.chrges paid on machinery purchase }

(3) purchase A/c dr .25000

cartage A/c dr .300

• To cash A)c ......25300

{ being cash paid on cartage and purchase }