Q.3. Journalise the following transactions in the books of Mantri.
2011
June
1. Commenced business with Cash 1,20,000, Goods * 60,000 and Furniture * 65,000.
3. Opened a current account in Bank of Baroda by depositing 75,000.
5. Cash purchases 35,000.
7. Cash Sales * 55,000.
10. Purchased goods worth 20,000 from Amit & Co. Subject to trade discount of 2%.
14. Credit Sales to Kalpana * 15,000.
16. Paid cash to Amit & Co. 9,600
19. Goods distributed as free samples of * 1,500.
21. Received Cash from Kalpana 5,000.
24. Returned goods of 750 to Amit & Co.
30. Rent paid by cheque * 7,000
Answers
Answered by
15
Answer:
2011,june
1 cash a/c Dr 1,20,000
goods a/c Dr 60,000
furniture a/c Dr 65,000
To capital a/c 2,45,000
(Being commenced business)
3 bank a/c Dr 75,000
To cash a/c 75,000
(Being deposited into bank)
Step-by-step explanation:
Answered by
4
Answer:
5. cash purchases 35,000
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