Journalise the following transactions:
[tex]
\begin{tabular}{c c c} \\
2017 & & Rs. \\
Dec. 01 & Hema started business with cash &1,00,000 \\
Dec. 02 & Open a bank account with SBI & 30,000 \\
Dec. 04 & Purchased goods from Ashu & 20,000 \\
Dec.06 & Sold goods to Rahul for cash & 15,000 \\
Dec.10 & Bought goods from Tara for cash & 40,000 \\
Dec.13 & Sold goods to Suman & 20,000 \\
Dec.16 & Received cheque from Suman & 19,500 \\
& Discount allowed & 500 \\
Dec.20 & Cheque given to Ashu on account & 10,000 \\
Dec.22 & Rent paid by cheque & 2,000 \\
Dec.23 & Deposited into bank & 16,000 \\
Dec.25 & Machine purchased from Parigya & 10,000 \\
Dec.26 &Trade expenses & 2,000 \\
Dec.28 & Cheque issued to Parigya & 10,000 \\
Dec.29 & Paid telephone expenses by cheque & 1,200 \\
Dec.31 & Paid salary & 4,500 \\
\end{tabular}
[/tex]
Answers
/8* 5,5=5 46 4 4356 56556 2
Hope the entries are clear to you
Explanation:
Dec.01 Cash A/c Dr. 100000
To Capital A/c 100000
Dec.02 Bank A/c Dr 30000
To cash A/c 30000
Dec.04 Purchase A/c Dr. 20000
To Ashu A/c 20000
Dec.06 Cash A/c Dr. 15000
To Sales A/c 15000
Dec.10 Purchase A/c Dr. 40000
To Cash A/c 40000
Dec.13 Suman A/c Dr. 20000
To Sales A/c 20000
Dec.16 Bank A/c Dr. 19500
Discount allowed A/c Dr.500
To Suman A/c 20000
Dec.20 Ashu A/c Dr. 10000
To Bank A/c 10000
Dec.22 Rent A/c Dr. 2000
To Bank A/c 2000
Dec.23 Bank A/c Dr. 16000
To Cash A/c 16000
Dec.25 Machine A/c Dr 10000
To Parigya A/c 10000
Dec.26 Trade exp A/c Dr. 2000
To Bank A/c 2000
Dec.28 Parigya A/c Dr.10000
To Bank A/c 10000
Dec.29 Telephone Exp A/c Dr.1200
To Bank A/c 1200
Dec.31 Salary A/c Dr.4500
To cash A/c 4500