Mohanlal commence business with cash and cheque building rupees 15000 ,250000
Answers
Answer:
₹
Jan. 6 Sold goods for cash 36,000
8 Sold goods to Hari 30,000
14 Received cash from Hari 18,000
26 Received Commission 750
27 Paid Salary to Gopal 1,200
28 Received cash from Hari 12,000
29 Withdrew cash from office for personal use 4,000
30 Wages paid 7,200
30 Bought Machinery for Cash 8,000
ANSWER:
Journal
Date
Particulars
L.F.
Debit
Amount
(₹)
Credit
Amount
(₹)
2018
Jan 06
Cash A/c
Dr.
36,000
To Sales A/c
36,000
(Sold goods for cash)
Jan 08
Hari A/c
Dr.
30,000
To Sales A/c
30,000
(Sold goods to Hari)
Jan 14
Cash A/c
Dr.
18,000
To Hari A/c
18,000
(Received cash from Hari)
Jan 26
Cash A/c
Dr.
750
To Commission A/c
750
(Received commission)
Jan 27
Salary A/c
Dr.
1,200
To Cash A/c
1,200
(Paid salary to Gopal)
Jan 28
Cash A/c
Dr.
12,000
To Hari A/c
12,000
(Received cash from Hari)
Jan 29
Drawings A/c
Dr.
4,000
To Cash A/c
4,000
(Drew cash for personal use)
Jan 30
Wages A/c
Dr.
7,200
To Cash A/c
7,200
(Paid wages)
Jan 30
Machinery A/c
Dr.
8,000
To Cash A/c
8,000
(Purchased machinery)
1,17,150
1,17,15
Step-by-step explanation: