Question

Record the following transactions of Shri Ram in his journal for July, 2019. 10

1) Opened a bank account with Rs. 10,000.

2) Received a cheque from Krishna Rs. 500.

3) Cheque received from Krishna is paid into the bank.

4) Received a crossed cheque from Gopal Rs. 200. ( or received a cheque from Gopal which was

immediately paid into bank Rs. 200 )

5) A machine was purchased for Rs. 5,000 and paid for it by a cheque. The installation charges of the

machine Rs. 100 is paid in cash.

6) Sold goods for cash Rs. 2,000 and paid half the amount into the bank.

7) Withdrawn Rs. 100 for personal use and Rs. 200 for office use from bank.

8) Given a cheque of Rs.500 to Jagannath on account.

9) Paid Rs. 200 for salary in cash and fire insurance premium Rs. 100 by a cheque.

10) Bank has debited Rs. 5 to our account for bank charges and credited Rs. 10 for interest.

11) Given a cheque of Rs. 105 to Kanaiya in full settlement of our dues of Rs. 110 to him​

Answer 1

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