Question

Journalise the following transactions is the journal of M/s Goel Brothers and post
them to the ledger.
[tex]
\begin{tabular}{c c c}\\
2017 & & Rs. \\
Jan. 01 & Started business with cash & 1,65,000 \\
Jan. 02 & Opened bank account in PNB & 80,000 \\
Jan. 04 & Goods purchased from Tara & 22,000 \\
Jan. 05 & Goods purchased for cash & 30,000 \\
Jan. 08 & Goods sold to Naman & 12,000 \\
Jan. 10 & Cash paid to tara & 22,000 \\
Jan. 15 & Cash received from Naman & 11,700 \\
& Discount allowed & 300 \\
Jan. 16 & Paid wages & 200 \\
Jan. 18 & Furniture purchased for office use & 5,000 \\
Jan. 20 & withdrawn from bank for personal use & 4,000 \\
Jan. 22 & Issued cheque for rent & 3,000 \\
Jan. 23 & goods issued for house hold purpose & 2,000 \\
Jan. 24 & drawn cash from bank for office use & 6,000 \\
Jan. 26 & Commission received & 1,000\\
Jan. 27 & Bank charges & 200 \\
Jan. 28 & Cheque given for insurance premium & 3,000 \\
Jan. 29 & Paid salary & 7,000 \\
Jan. 30 & Cash sales &10,000 \\
\end{tabular}
[/tex]

Answer 1

Jan. 01

Started business with cash

1,65,000

Jan. 02

Opened bank account in PNB

80,000

Jan. 04

Goods purchased from Tara

22,000

Jan.05

Goods purchased for cash

30,000

Jan.08

Goods sold to Naman

12,000

Jan.10

Cash paid to Tara

22,000

Jan.15

Cash received from Naman

11,700

Discount allowed

300

Jan. 16

Paid wages

200

Jan. 18

Furniture purchased for office use

5,000

Jan. 20

Withdrawn from bank for personal use

4,000

Jan. 22

Issued cheque for rent

3,000

Jan. 23

Goods issued for house hold purpose

2,000

Jan. 24

Drawn cash from bank for office use

6,000

Jan. 26

Commission received

1,000

Jan. 27

Bank charges

200

Jan. 28

Cheque given for insurance premium

3,000

Jan. 29

Paid salary

7,000

Jan. 30

Cash sales

10,000