Question

Q. Journalize the following transactions :-

(i) Purchased goods for cash Rs. 10,000
(ii) Purchased stationery for cash Rs. 500
(iii) Furniture purchased for Rs. 30,000
(iv) Goods sold for cash Rs. 8,000
(v) Interest paid for Rs. 3,000.​

Answer 1

1) Purchases A/c Dr. 10k

To cash. 10k

( purchased goods on cash)

2) Stationery A/c. Dr. 500

To cash A/c. 500

( stationery purchased on cash)

3) Furniture A/c. Dr. 30k

To cash A/c. 30k

( purchased furniture of 500 on cash)

4) Cash A/c. Dr. 8k

To sales A/c. 8k

( Goods costing 8000 sell on cash)

5) Interest A/c. Dr. 3000

To cash A/c. 3000

( Interest paid)