Question

Journalize the following transactions
01.4.2017 Business started with cash ₹ 1,50,000.
01.4.2017 Goods purchased form Manisha ₹ 36,000.
01.4.2017 Stationery purchased for cash ₹ 2,200.
02.4.2017 Open a bank account with SBI for ₹ 35,000.

Answer 1

Answer:

01-04-2017 :- cash ac dr. 150,000

To capital ac. 150,000

01-04-2017 :- purchase ac. Dr 36,000

to manisha ac. 36,000

01-04-2017 :- stationery ac. Dr 2200

to cash ac. 2200

02-04-2017 :- sbi ac. Dr. 35,000

to cash ac. 35,000