Question

Journalize the following transactions:
i. Ganesh Started his business with Rs 20,000
ii. Borrowed Rs 5,000 from Mahesh.
iii. Deposited into the bank Rs 10,000.
iv. Purchased Fixed Assets for Rs 5,000
v. Bought goods for Rs 1,500.
vi. Sold goods for Rs 9,000.
vii. Purchased goods on credit from Ramesh for Rs 20,000.
viii. Sold goods on credit to Shyam fro Rs 12,000.
ix. Received Rs 11,880 from Shyam after allowing him cash discount Rs 120.
x. Paid Rs19,800 to Ramesh after receiving cash discount Rs 200.
xi. Withdrew goods worth Rs 1000 for personal use.
xii. Cash withdrew from bank for personal purpose Rs 1000

Answer 1

Hello bandhu....

U r answer

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✳️ ᴄᴀsʜ ᴀᴄ ᴅʀ 20000

ᴛᴏ ɢᴀɴᴇsʜ ᴄᴀᴘɪᴛᴀʟ ᴀᴄ ᴄʀ 20000

✳️ ᴄᴀsʜ ᴀᴄ ᴅʀ 5000

ᴛᴏ ᴍᴀʜᴇsʜ ᴀᴄ ᴄʀ 5000

✳️. ʙᴀɴᴋ ᴀᴄ ᴅʀ 10000

ᴛᴏ ᴄᴀsʜ ᴀᴄ ᴄʀ 10000

✳️. ᴘᴜʀᴄʜᴀsᴇ ᴀᴄ ᴅʀ 5000

ᴛᴏ ᴄᴀsʜ ᴀᴄ ᴄʀ 5000

️✳️. ᴘᴜʀᴄʜᴀsᴇ ᴀᴄ ᴅʀ 1500

ᴛᴏ ᴄᴀsʜ ᴀᴄ ᴄʀ 1500

✳️. ᴄᴀsʜ ᴀᴄ ᴅʀ 9000

ᴛᴏ sᴀʟᴇs ᴀᴄ ᴄʀ 9000

✳️ ᴘᴜʀᴄʜᴀsᴇ ᴀᴄ ᴅʀ 20000

ᴛᴏ ʀᴀᴍᴇsʜ ᴀᴄ ᴄʀ 20000

✳️ sʜʏᴀᴍ ᴀᴄ ᴅʀ 12000

ᴛᴏ sᴀʟᴇs sᴄ ᴄʀ 12000

✳️ ᴄᴀsʜ ᴀᴄ ᴅʀ 11880

ᴄᴀsʜ ᴅɪsᴄᴏᴜɴᴛ ᴀᴄ ᴅʀ 120

ᴛᴏ sʜʏᴀᴍ ᴀᴄ ᴄʀ 20000

✳️. ʀᴀᴍᴇsʜ ᴀᴄ ᴅʀ 20000

ᴛᴏ ᴄᴀsʜ ᴅɪsᴄᴏᴜɴᴛ ᴀᴄ 200

ᴛᴏ ᴄᴀsʜ ᴀᴄ ᴄʀ 19800

✳️. ᴅʀᴀᴡɪɴɢ ᴀᴄ ᴅʀ 1000

ᴛᴏ ᴄᴀsʜ ᴀᴄ ᴄʀ 1000

✳️. ᴅʀᴀᴡɪɴɢ ᴀᴄ ᴅʀ 1000

ᴛᴏ ʙᴀɴᴋ ᴀᴄ ᴄʀ 1000


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