Journalise the following transactions in the books of Amar- April 16 Sold goods of ₹90,000 to Kishore out of which he paid ₹10,000 in cash, ₹50,000 by cheque. Rest amount is due. April 20 Salary amounted to ₹45,000. Out of this 1/5th is still due to be paid. April 23 Ronit returned goods of ₹7,000.
Answers
Explanation:
Journal
Date
Particulars
L.F.
Debit
Amount
(₹)
Credit
Amount
(₹)
2019
Apr.01
Cash A/c
Dr.
50,000
To Capital A/c
50,000
(Business started with cash)
Apr.03
Purchases A/c
Dr.
20,000
To Rita
20,000
(Goods purchased from Rita on credit)
Apr.04
Rita
Dr.
10,000
To Cash A/c
10,000
(Cash paid to Rita)
Apr.06
Rohit
Dr.
25,000
To Sales A/c
25,000
(Goods sold to Rohit on credit)
Apr.08
Cash A/c
Dr.
20,000
To Rohit
20,000
(Cash received from Rohit)
Apr.12
Purchases A/c
Dr.
12,000
To Rita
12,000
(Goods purchased from Rita on credit)
Apr.18
Rita
Dr.
20,000
To Cash A/c
20,000
(Cash paid to Rita)
Apr.25
Rohit
Dr.
10,000
To Sales A/c
10,000
(Goods Sold to Rohit)
Apr.30
Cash A/c
Dr.
6,000
To Rohit
6,000
(Cash received from Rohit)
Journal
Date
Particulars
L.F.
Debit
Amount
(₹)
Credit
Amount
(₹)
2019
Apr.01
Cash A/c
Dr.
50,000
To Capital A/c
50,000
(Business started with cash)
Apr.03
Purchases A/c
Dr.
20,000
To Rita
20,000
(Goods purchased from Rita on credit)
Apr.04
Rita
Dr.
10,000
To Cash A/c
10,000
(Cash paid to Rita)
Apr.06
Rohit
Dr.
25,000
To Sales A/c
25,000
(Goods sold to Rohit on credit)
Apr.08
Cash A/c
Dr.
20,000
To Rohit
20,000
(Cash received from Rohit)
Apr.12
Purchases A/c
Dr.
12,000
To Rita
12,000
(Goods purchased from Rita on credit)
Apr.18
Rita
Dr.
20,000
To Cash A/c
20,000
(Cash paid to Rita)
Apr.25
Rohit
Dr.
10,000
To Sales A/c
10,000
(Goods Sold to Rohit)
Apr.30
Cash A/c
Dr.
6,000
To Rohit
6,000
(Cash received from Rohit)