Q. 16. Pass journal entries for the following:
Jan. 5 Purchased goods for Cash 10,000 and spent 200 for their carriage.
Jan. 10 Purchased machinery for Cash 350,000 and spent 500 for its carriage.
Jan. 15 Paid 20,000 for cement, 310,000 for timber and 35,000 as wages for the
construction of building.
Jan. 17 Purchased an old machinery for 20,000 and spent 2,500 on its immediate repairs.
Jan. 20 Paid 500 for repairing some other machinery.
[Ans. Total 1,18,700.]
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Textbook Solutions Class 11 Accountancy Books Of Original Entry Journal
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Page No 9.59:
Question 1:
Enter the following transactions in the Journal of Manohar Lal & Sons.:
2018 ₹
March 1 Manohar Lal & Sons started business with cash 60,000
2 Purchased furniture for cash 10,000
4 Purchased goods for cash 25,000
5 Bought goods from Kamlesh 15,000
10 Paid cash to Kamlesh 15,000
16 Purchased goods from Sohan 6,000
18 Purchased goods from Sohan for cash 8,000
20 Paid rent for the office 1,000
ANSWER:
Journal
In the Books of Manohar Lal
Date Particulars L.F. Debit Amount (₹) Credit Amount (₹)
2018
Mar. 01 Cash A/c Dr. 60,000
To Capital A/c
60,000
( Started business with cash)
Mar. 02 Furniture A/c Dr. 10,000
To Cash A/c
10,000
(Furniture purchased for cash)
Mar. 04 Purchases A/c Dr. 25,000
To Cash A/c
25,000
( Goods purchased for cash)
Mar. 05 Purchases A/c Dr. 15,000
To Kamlesh’s A/c
15,000
(Goods purchased from Kamlesh)
Mar. 10 Kamlesh’s A/c Dr. 15,000
To Cash A/c
15,000
(Cash paid to Kamlesh)
Mar. 16 Purchases A/c Dr. 6,000
To Sohan’s A/c
6,000
(Goods purchased from Sohan)
Mar. 18 Purchases A/c Dr. 8,000
To Cash A/c
8,000
(Goods purchased from Sohan for cash)
Mar. 20 Rent A/c Dr. 1,000
To Cash A/c
1,000
(Paid office rent)
TOTAL 1,40,000 1,40,000