On 1st January, 2017, Pankaj Prakash commenced business with Cash 35,000 and furniture
5,000. His transactions for the month are given below:
2017
Jan. 2 Deposited into Bank
10,000
4 Purchased Goods for Cash and paid by Cheque
8.000
8 Sold goods for Cash
10.000
Sold to Avinash goods for which received in payment a cheque which
was deposited into Bank
500
12 Sold goods to Hemant for 4,000 and received payment by cheque
for 3,800 and allowed him discount * 200
14 Gave Dinesh a cheque for 500
Received from Mohan a Bank draft for 500 and deposited it into Bank.
Paid salaries by Cheque
1,000
» 24 Sold goods to Vinod, payment was received by cheque which was
1,500
deposited in the Bank
24 Received a cheque from Rati Ram which could not be deposited to Bank 500
25 Rati Ram's Cheque was sent to Bank
31 Rati Ram's Cheque was dishonoured.
Answers
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Textbook Solutions Class 11 Accountancy Journal And Ledger
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ANSWER:
Journal
Date
Particulars
L.F.
Debit Amount
(Rs)
Credit
Amount
(Rs)
2013
June 03
Cash A/c
Dr.
5,000
To Ram
5,000
(Cash received from Ram)
June 04
Purchases A/c
Dr.
1,500
To Cash A/c
1,500
(Purchased goods for Cash)
June 11
Hari
Dr.
1,200
To Sales A/c
1,200
(Sold goods to Hari )
June 13
Ramavtar
Dr.
400
To Cash
400
(Paid Ramavtar)
June 17
Cash A/c
Dr.
100
To Hari
100
(Received from Hari)
June 20
Furniture A/c
Dr.
200
To Ram
200
(Bought Furniture from Ram )
June 27
Rent A/c
Dr.
280
To Cash A/c
280
(Paid Rent )
June 30
Salary A/c
Dr.
500
To Cash A/c
500
(Paid Salary)