Question

No 10, Jouralise the following transactions:
.2010
Purchased goods by cheque 25,000
Sold goods for cash 3,000 and for cheque * 2,000,
Received a crossed bank draft from Sumer for 3,500.
Received a cheque of 1,000 from Amar Nath and deposited it in to Bank
Received a cheque of 500 from Shanker and endorsed it to Sharma,
Shanker's cheque was dishonoured.
Pald advertising expenses by cheque 100,
Deposited into Bank 500,
20
in the tournal
​

Answer 1

2010

#. purchases acc ..dr.........25,000

to bank acc............25,000

( being, goods purchased against cheque)

#. bank acc ....dr.....2,000

cash acc.dr........3,000

to sales ..........5,000

( being , goods sold against cash and cheque )

#. cross bank draft acc...dr..3500

to sumer ............3500

( being, crossed bank draft recd.)

#. bank account dr .......1000

to amar nath ........1000

( being, rec'd cheque and deposited into bank)

#. cheque in hand acc. dr .........500

to shanker .........................500

sharma's acc dr ..........................500

to cheque in hand ac..........500

(being , cheque rec'd and endorsed on the same date )

#. shanker ac dr ....................500

to cheque in hand ac....500

cheque in hand ac..dr..................500

to sharma ...............................500

( being , Shanker's cheque dishonored)

#. advertisement ac. ...dr.......100

to bank.............................100

( being ,paid advertisement amt. by cheque)

bank ac. dr..........500

to cash acc...500

( being ,amt. deposited on bank)