Question

Journalise the following transactions in the books of Himanshu:
2014
Dec 01 Business started with cash
Dec 07 Purchased goods for cash
Dec 09 Sold goods to Swati
Dec 12 Purchased furniture -
Dec. 18 Cash received from Swati In full settlement
Dec. 25 Paid rent
Dec 30 Paid salary
Tansactions in the Journal of Mudit
Rs.
75,000
10.000
5,000
3,000
4.000
1.000
1.500​

Answer 1

Explanation:

DEC.1 2014.

CASH A/C. .......DR. 75000

TO CAPITAL A/C 75000

DEC.7 2014

PURCHASE A/C ...... DR. 10000

TO CASH A/C. 10000

DEC.9 2014

SWATI'S A/C ........DR. 5000

TO SALE'S A/C. 5000

DEC.12 2014

FURNITURE A/C.......DR. 3000

TO CASH A/C. 3000

DEC.18 2014

CASH A/C ..........DR. 4000

DISCOUNT ALLOWED A/C DR 1000

TO SWATI'S A/C. 5000

DEC.25 2014

RENT A/C ........DR. 1000

TO CASH A/C. 1000

DEC.30 2014

SALARY A/C .....DR. 1500

TO CASH A/C. 1500

TOTAL. 105000 105000