Journalise the following transactions in the books of Shree Raju:
2017 Jan,01 Commenced business with cash Rs.40,000
Jan,05 Bought goods from Ravi Rs. 10,000
Jan,08 Sold goods to Vinayak Rs. 15,000
Jan, 10 Returned goods to Ravi Rs. 300
Jan,12 Vinayak returned us goods Rs. 300
Jan,15 Paid Ravi Rs. 5,000 by cash and the balance through
cheque
Jan,18 Received cheque from Vinayak Rs. 10,000 and the
balance received by cash
Jan,20 Withdrawn Cash of Rs. 1, 000 and goods worth
Rs.500 for domestic use.
Jan,25 Paid for printing charges Rs 500
Answers
Answer:
jan 01 2017. Bank A/C. dr. 40,000
To Cash A/C. 40,000
jan 05 2017. Purchase A/C. dr. 10,000
To Ravi. 10,000
jan 08 2017. Vinayak. dr. 15,000
To Sales A/C. 15,000
jan 10 2017. Ravi. dr. 300
To purchase return A/C. 300
jan 12 2017. Sales return A/C. dr. 300
To Vinayak. 300
jan 15 2017. Ravi. dr. 9700
To Cash A/C. 5,000
To Bank A/C. 4,700
jan 18 2017. Bank A/C. dr. 10,000
Cash A/C. dr. 4,700
To Vinayak. 14,700
jan 20 2017. Drawings A/C. dr. 1,500
To cash A/C. 1,000
To stock A/C. 500
jan 25 2017. Painting charges A/C. dr. 500
To cash A/C. 500
Answer:
Journalising the following transactions in the books of Suraj:
01 Jan 2021 Commenced business with cash ₹40,000.
05 Jan 2021 Bought goods from Ravi ₹10,000.
08 Jan 2021 Sold goods to Vinayak ₹15,000.
10 Jan 2021 Returned goods to Ravi ₹300.
12 Jan 2021 Vinayak returned us goods ₹300.
15 Jan 2021 Paid to Ravi ₹5,000 by cash and the balance through cheque.
18 Jan 2021 Received a cheque from Vinayak ₹10,000 and the balance received
by cash.
20 Jan 2021 Withdrawn Cash ₹1,000 and goods worth ₹500 for domestic use.