Question

Q-1 Enter the following transactions in Journal:
1 Sold goods
2 Cash deposited into bank
3 Purchased goods from Meena
4 Cheque issued to Meena in full settlement
5 Withdrawn from bank for personal use
6 Sold goods to Ajay and cheque received from him
7 Cheque received from Ajay deposited into bank
8 Bank charges
9 interest charged by bank
10 paid Sunita life insurance premium by cheque
Rs 50000
Rs 80000
Rs 30000
Rs 28800
Rs 5000
Rs 25000
500
2500
15000
​

Answer 1

Answer:

cash dr

sales cr

bank dr

cash cr

purchase dr

creditors cr

creditors dr

bank cr

drawing dr

bank cr

debtor dr

sales cr

bank dr

debtor cr

bank charge dr

bank cr

bank dr

bank inter. cr

sunita capital dr 236800

bank cr 236800

Answer 2

Answer:

cheque issued to meena in full settlement