Question

Journalise the following transactions in the books of Gajanan
2019
May 3
Purchased goods for 90,000 and amount paid by Bank directly
7 Sold goods to Satish on credit 30,000.
Paid for Postage * 10,000
12 Paid for Wages *15,000.
15 Received cheque of 30,000 from Sati.
21 Received Dividend 5000.
asset
25 Purchased Laptop of 40,000 and paid by cheque.
28 Deposited cash 10,000 into State Bank of India.
31 Purchased goods for $40,000 and paid by RTGS​

Answer 1

date particulars lf debit credit

2019

may3 purchases a/c dr. 90000

to bank a/c 90000

( xxxxxxx)

7 sathish a/c dr. 30000

to sales a/c 30000

(xxxxxxx)

12 wages a/c dr. 15000

cash a/c 15000

(xxxxx)

15 bank a/c dr. 30000

to sati a/c 30000

(xxxxxxx)

Answer 2

Answer:

21 Received Dividend 5000.

asset