Journalise the following transactions in the books of Gajanan
19
ay 3
Purchased goods for 90,000 and amount paid by Bank directly
7 Sold goods to Satish on credit * 30,000.
9 Paid for Postage 10,000
12 Paid for Wages 15,000.
15 Received cheque of 30,000 from Sati.
21 Received Dividend 5000.
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
84
Answers
Answer:
Journal Entry
Explanation:
May 3
Purchase A/c ...Dr. 90,000
To Bank A/c 90,000
( Being goods purchased )
May 7
Satish ... Dr. 30,000
To Sales A/c 30,000
( Being goods sold to Satish )
May 9
Postage A/c ...Dr 10,000
To Cash A/c 10,000
( Being paid for postage)
May 12
Wages A/c ...Dr 15,000
To Cash A/c 15,000
( Being paid for wages)
May 15
Bank A/c ...Dr 30,000
To Satish 30,000
(Being cheque received from Satish)
May 21
Cash A/c ...Dr. 5,000
To Dividend received (Income) 5,000
( Being dividend received )
May 25
Laptop A/c ....Dr. 40,000
To Bank A/c 40,000
( Being Laptop purchased )
May 28
Bank ( SBI ) A/c ...Dr. 10,000
To Cash A/c 10,000
( Being Cash deposited in Bank)
May 31
Purchase A/c ....Dr. 40,000
To Bank A/c 40,000
( Being purchased goods and paid by RTGS )
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