Question

Journalise the following transactions in the books of Mr. Mukherjee and post them into Ledger
Accounts. Prepare a Trial Balance taking the balances from the said ledger accounts:
₹
2017
50,000
Feb. 1 Started business with cash
15,000
3 Goods purchased for cash
30,000
4 Cash deposited into bank
22,000
7 Goods sold for cash
9 Purchased goods from Mr. Kar
8,000
12 Purchased furniture by cheque
15,000
15 Sold goods to Mr. Dhar
10,000
22 Goods returned to Mr. Kar
2,000
25 Paid salaries by cheque
10,000
28 Withdrew cash for personal use
3,000​

Answer 1

Answer:

1. Cash A/C dr. ₹15,000

To Capital a/c cr. ₹15,000.

3. Stock a/c dr. ₹30,000

To cash a/c cr. ₹30,000

4. Bank a/c dr.₹22,000

To cash a/c cr.₹22,000

7. cash a/c dr.

To sales a/c cr.

9. Purchases a/c dr.₹8000

To mr. kar a/c cr.₹8000

12. furniture a/c dr. ₹15,000

To bank a/c cr. ₹15,000

15. Mr. Dhar a/c dr. ₹10,000

To Sales a/c cr. ₹10,000

22. Mr. Kar a/c dr. ₹2000

To Purchases return a/c cr. ₹2000

25. Salaries a/c dr. ₹10,000

To bank a/c cr. ₹10,000

28. Drawings a/c dr.₹ 3000

To cash a/c cr.₹3000