Question

Journalise the following transactions in the books of Diraj general stores. (10) April 2019 1 Diraj started business with Cash 4,00,000, Building ` 3,00,000 and borrowed Loan from Prakesh 1,00,000. 4 Deposited Cash into Dena Bank ` 80,000. 7 Purchased Computer from Yash of ` 30,000 @ 18% GST and paid by Cheque. 10 Cash Sales ` 80,000. 12 Goods sold on credit to Pranesh `10,000 at 5% Trade Discount. 15 Pranesh returned goods of ` 950. 18 Goods taken by Diraj for his personal use ` 1,000. 20 Paid Telephone Charges ` 800 and Taxi Fare ` 1200. 22 Paid Transport Charges ` 9,000 @ 5% GST. 24 Paid Audit Fees ` 7,500 by Cheque. 26 Purchased Furniture of ` 90,000 and amount paid by cheque @ 12% GST. 28 Sold Motor Car worth 1,50,000 @18% GST and Sales proceeds credited to our Account. 30 Paid cash to Savita 15,500, who allowed us discount 500.​

Answer 1

Explanation:

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