Question

Journalise the following transactions, post to the ledger

Jan 01 Started business with cash Rs. 1,65,000
Jan 02 Opened bank account with bank Rs. 80,000
Jan 04 Goods purchased from Tara Rs. 22,000
Jan 05 Goods purchased for cash Rs. 30,000
Jan 08 Goods sold to Naman Rs. 12,000
Jan 10 Cash paid to Tara Rs. 22,000
Jan 15 Cash from Naman Rs. 11,700
Discount allowed Rs. 300
Jan 16 Paid wages Rs. 200
Jan 18 Furniture purchased for office use Rs. 5,000
Jan 20 Withdrawn from bank for personal use Rs. 4,000
Jan 22 Issued cheque for rent Rs. 3,000
Jan 23 Goods issued for household purpose Rs. 2,000
Jan 24 Drawn cash from bank for office use Rs. 6,000
Jan 26 Commission received Rs. 1,000
Jan 27 Bank charges Rs. 200
Jan 28 Cheque given for insurance premium Rs. 3,000
Jan 29 Salary paid Rs. 7,000
Jan 30 Cash sales Rs. 10,000

Answer 1

Answer:

1) cash a/c. dr

to capita a/c

2)

Explanation:

bank a/c. dr

to cash a/c

4)purchase a/c. Dr

to Tara a/c

5) purchase a/c. dr

to cash a/c

8)naman a/c. dr

to goods a/c

10) cash a/c Dr

to Tara a/c