Question

SECTION: E
Answer the following essay type question no. 13 as dire
From the following transactions write journal in the bool
1 Introduced 10,000 cash and commenced busines
2 Goods of 5,000 purchased on cash.
3 Goods of 8,000 purchased on credit from Rajar
4 Goods of 2000 given for donation.
5 Shivani has dispatched the goods of 3,000.
6
Paid 2500 for life insurance premium.​

Answer 1

Answer:

1. cash a/c. Dr 10000

to capital a/c. 10000

2. purchase. a/c. Dr. 5000

to cash a/c. 5000

3. purchase a/c. Dr. 8000

to Rajat a/ c. 8000

4. donation. a/c. Dr. 2000

to cash a/c. 2000

5. dispatch a/ c. Dr. 3000

to cash. 3000

6. insurance premium a/ c. Dr. 2500

to cash a/c. 2500