Question

NO 4. Give Journal Entries
(aBanarsi commenced a business with Cash 40,000 and also brought into business: Furniture 10,000: Machinery
725.000. Stock 7 15.000
b) Goods sold to TG Sujan 4,000 and Kala Mandir? 5.000.
(c) Received cash from Babloo Di Hatti 3,000 and from Monica Stores 2,000
(Paid Salaries? 1,000, Office rent 800; Insurance Premium 400​

Answer 1

a.)Cash a/c. Dr. 40000

Furniture a/c. Dr. 10000

Machinery a/c. Dr. 725.000

Stock a/c. Dr. 715.000

To capital a/c. 1490000

b.)TG Sujan. Dr. 4000

Kala Mandir. Dr. 5000

To Sales A/c. 9000

c.)Cash a/c. Dr. 5000

To Babbloo Di Hatti 3000

To Monica Stores. 2000

d.)Salaries a/c. Dr. 1000

Office Rent a/c Dr. 800

Insurance premium Dr. 400

To cash a/c. 2200

Explanation:

Apply all rules of Journal.

Answer 2

Answer:

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