Question

Pald Was
Journalise the following transactions and prepare Cash Ale only.
2019
July
1
9
1
* Purchased goods for 9,000 less 10% Cash Discount.
Sold goods to Amar * 3,000
12 Distributed goods worth * 700 as free samples.
14 Bought Stationery for *550 for office use.
18 Received 7.950 from Dhanashree, a customer, whose account was earlier
as a bad debts.
21 Abhiram invoiced us goods worth 3,000.
24 Settled Abhiram's account, he allowed 5% cash discount.
27 Exchanged goods worth 2,500 against Furniture of the same amount
12
29 Withdrawn cash from ATM 75,000 for office use and * 3,000 for personals 2
17
5
9
21
Hardik started business with Cash * 15.000 and Machinery *20.000​

Answer 1

1. purchases acc Dr

To cash acc

To discount received acc

2.amar acc Dr

To sales acc

3.Advertisement acc Dr

To purchases acc

4.stationary acc Dr

To cash acc

5. cash acc Dr

To bad debt recovered acc

6.purchases acc Dr

To abhiram acc

7.purchases acc Dr

To abhiram acc

To discount received

8.furniture acc Dr.

To purchase acc

9.cash acc Dr

To bank acc

10.cash acc Dr

machinery acc Dr

To capital acc