Journalize the following Transaction :
2009
Jan. 1 Started Business with cash Rs.20000 and Goods Rs.10000.
Jan.3 Deposited into bank account Rs.4000.
Jan.5 sold goods to Mohan Rs.2000.
Jan.9 Goods returned By mohan Rs.200.
Jan .12 Goods Purchased From ShyamRs. 3000.
Jan.15 Goods Returned to Shyam Rs.150.
Jan.18 Purchased Goods from Amar for Rs. 30000. He allowed 10%Trade Discount.
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Answer:
1.Cash A/c Dr. 20,000
Stock A/c. Dr. 10,000
To capital A/c. 30,000
3. Bank A/c Dr. 4,000
To Cash A/c. 4,000
5. Mohan's A/c. Dr 2,000
To Sales A/c. 2,000
9. Sales Return A/c Dr. 200
To Mohan's A/c. 200
12. Purchase A/c Dr. 3000
To Shyam's A/c. 3,000
15. Shyam's A/c. Dr. 150
To Purchase return A/c. 150
18. Purchase A/c Dr. 27,000
To Amar's A/c. 27,000
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