Question

Journalise the following transactions in the books of smt.prathima.
1.started bussiness with cash Rs.40000 and furniture Rs.20000
8.purchased a motor car Rs.10000
9.Cash sales paid into bank Rs.3000
13.Bought goods from Bharath on account Rs.10000
21.Sold dood to Ramu on Ccount Rs.3000
22.Received cheque from Ramu Rs.2900 in full settlement of his a/c
28.pad Bharat Rs.9950 in full settlement of his a/c

Answer 1

1 cash a/c Dr. 40000

machinery a/c Dr. 20000.

To capital a/c 60000

2 Vehicle a/c. Dr. 10000

To cash a/c 10000

3 bank a/c. Dr. 3000

To sales a/c. 3000

4 purchase a/c. Dr. 10000

To Bharath a/c. 10000

5 Ramu a/c Dr .3000

To sales a/c. 3000

6 bank a/c. Dr. 2900

discount all. a/c Dr. 100

To Ramu a/c 3000

7 Bharath a/c. Dr. 10000

To bank a/c. 9950

To dis. received a/c. 50