Question

Q.3 Journalise the following transactions in the books of SASHA and prepare Cash Account. (15) 2020 May 1. Started business with cash Rs. 10,000 and machine Rs.20,000. 6. Bought goods from Salim Rs. 1,000 and paid cash. 9. Sold goods to Rashmi Rs. 2.400. 12. Rashmi returned goods of Rs.400. 19. Paid for rent Rs. 2,000 and advertisement Rs.1.000. 25. Received Rs.2.000 from Rashmi. 30. Paid wages Rs.600. 31. Cash sales Rs. 3.000.​

Answer 1

Answer:

may1. cash a/c. dr 10000

machinery a/c dr.20000

to capital a/c. 30000

May 6. purchases a/c dr.1000

to cash a/c. 1000

may9. rashmi. dr. 2400

to sales a/c. 2400

May 12. sales return a/c. dr.400

to sales a/c. 400

May 19. rent a/c dr. 2000

adv. a/c dr. 1000

to cash a/c. 3000

May 25. cash a/c. dr. 2000

to rashmi 2000

may30. wages a/c dr. 600

to cash a/c. 600

May 31. cash a/c. dr. 3000

to sales a/c. 3000