Question

Q. 3. Journalise the following transactions in the Books of Mr. Anand for the month of July 2021. 1 1) Anand started business with cash 1,00,000 2) Cash deposited into bank 50,000 3) Purchased goods for 25,000 and amount paid by bank directly. 4) Received commission of 10,000 from Ganesh. 5) Purchased furniture of 720,000 @ 12% GST & amount paid by cheque. 6) Purchased goods of 90,000 @ 10% T. D. & 10% C.D. from Rakesh & 1/3 rd amount paid by cheque. 7) Goods hold on credit to Tushar of 20,000 @ 10% T. D. 8) Sold goods of 5000 for cash. 9) Goods distributed as free sample 500 10) Tushar returned goods of 250 11) Goods taken for personal use by Anand of 3,000 12) Rent paid by cheque * 1,500 13) Paid salary 78,000​

Answer 1

Answer:

Journalise the following transactions in the Books of Mr. Anand for the month of July 2021. 1 1) Anand started business with cash 1,00,000 2) Cash deposited into bank 50,000 3) Purchased goods for 25,000 and amount paid by bank directly. 4) Received commission of 10,000 from Ganesh. 5) Purchased furniture of 720,000 @ 12% GST & amount paid by cheque. 6) Purchased goods of 90,000