Ledger
Journal entries for the following and prepare Cash Account :
Pass Journ
2017
June 1 Invested;
84
Invested in the business as Capital
2 Deposited into Bank
1,00,000
5 Goods purchased for cash
80,000
& Amount with drawn for office expenses
5,000
10 Cash Sales
1.000
15 Goods sold to Dev on Credit
8,000
20 Purchased goods from Prashant on Credit
1,500
25 Cash received from Dev
2,500
Allowed him discount
1,400
- 30 Rent paid
100
Journal Total
500
2,00,000, Cash A/c Balance * 24,900.]
ite up Journal and post the following transactions to the Ledger Accounts and balance the
ounts:
218
2 Started business with cash
5 Purchased goods for cash
20,000
10.000
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Answer:
Amount with drawn for office expenses
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