Journalise the following transactions in the books of Manohar:
2020March
(1) 1.Invested in the business the amount received from father as presents Rs.500,000
(2) 2. Received loan from Mrs.Malini Manohar Rs.20,000
(3) 4. Paid interest on loan Rs.1,000
(4) 4.Paid advance rent to landlord Rs.3,000
(5) 5.Rent received from tenant Rs.5,000
(6) 5.Bought goods from Dharmedra Rs.15,000
(7) 11.Cash purchases Rs.40,000
(8) 12. Sold goods to Ashok Rs.25,000
(9) 12.Repaid Mrs.Malini Manohar’s loan .
(10) 14. Sold goods to Kishore for cash Rs.20,000
(11) 15.Paid cash for computer Rs.45,000
(12) 17.Paid for postal stamps Rs.100
(13) 18.Commission received from Sen Rs4000
(14) 18. Paid commission to Prakash Rs.3500
(15) 22.Computer stolen Rs.45,000
(16) 24. Purchased goods on credit from Raman Rs.74,000
(17) 27.Cash sales Rs85,000
(18) 29.Bought furniture from Suresh Rs.23,000
(19) 31.Ravindra sold us goods Rs.25,000
Answers
Explanation:
cash A/c Dr 5,00,000
To capital A/c 5,00,000
cash A/c Dr 20,000
To malini loan A/c 20,000
Intrest on loan A/c Dr 1000
To cash A/c 1000
Prepaid Rent A/c Dr 3000
To cash A/c 3000
Cash A/c Dr 5000
To rent A/c 5000
Purchase A/c Dr 15000
To dharmedra A/c 15000
purchase A/c Dr 40,000
To cash A/c 40,000
Ashok A/c Dr 25,000
To sales A/c 25000
Malini loan A/c Dr 20,000
To cash A/c 20,000
Cash A/c Dr 20,000
To sales A/c 20,000
computer A/c Dr 45,000
To cash A/c 45,000
postal stamps A/c Dr 100
To cash A/c 100
Cash A/c Dr 4000
To commission A/c 4000
commission A/c Dr 3500
To cash A/c 3500
lost by theft A/c Dr 45,000
To computer A/c 45,000
purchase A/c Dr 74000
To raman A/c 74000
Cash A/c Dr 85,000
To sales A/c 85000
Furniture A/c Dr 23000
To suresh A/C 23000
purchase A/c Dr 25,000
TO Ravindra A/c 25,000