Journalize the following transactions in the books or Bhagat 500 4. 300 00 2019 00 January 01 ₹ Commenced business with cash 40,000 and furniture worth 02 DO 10.000 Sold goods to Suchitra 20.000 0 03 Purchased Machinery 30,000 05 Paid rent 5.000 09 Paid Electricity bill 1.000 12 Sold goods for cash 6,000 15 Bought goods on credit from Nikhil 10.000 18 Paid wages 5.000 21 Interest received through cheque 5.000 25 Advertisement Expenses paid 3.000
Answers
date
Particulars
L.F.
Debit
Amount
(₹)
Credit
Amount
(₹)
2019
Apr.01
Cash A/c
Dr.
50,000
To Capital A/c
50,000
(Business started with cash)
Apr.03
Purchases A/c
Dr.
20,000
To Rita
20,000
(Goods purchased from Rita on credit)
Apr.04
Rita
Dr.
10,000
To Cash A/c
10,000
(Cash paid to Rita)
Apr.06
Rohit
Dr.
25,000
To Sales A/c
25,000
(Goods sold to Rohit on credit)
Apr.08
Cash A/c
Dr.
20,000
To Rohit
20,000
(Cash received from Rohit)
Apr.12
Purchases A/c
Dr.
12,000
To Rita
12,000
(Goods purchased from Rita on credit)
Apr.18
Rita
Dr.
20,000
To Cash A/c
20,000
(Cash paid to Rita)
Apr.25
Rohit
Dr.
10,000
To Sales A/c
10,000
(Goods Sold to Rohit)
Apr.30
Cash A/c
Dr.
6,000
To Rohit
6,000
(Cash received from Rohit)