Question

Simple Journal Entries
s Pass necessary Journal entries for the following transactions:
₹
60.000
15,000
18.000
9,000
2020
April 1 Business started with cash
April 2 Goods purchased for cash
April 3 Goods purchased from Pankaj on credit
April 5 Goods sold to Naresh on credit
April 2 Goods retumed to Pankaj
April 9 Goods returned by Naresh
April 10 Cash paid to Ajay
April 12 Commission received
April 15 Furniture purchased
April 16 Rent paid to Amit
April 19 Sold goods to Sumit for cash
April 24 Cash sales
12.000
1,400
6,000
2,700
7,000
5,000
6,000
7,000
5,000
10,000
April 30 Cash received from Naresh on account
April 30 Salaries paid.​

Answer 1

Answer:

1.cash a/c..dr.

to capital a/ c

2.purchase a/c..dr.

to cash a/ c

3.purchase....dr.

to pankaj.

4. Naresh...dr.

to sales

5.pankaj ..dr.

to purchase returns

6 sales returns..dr.

toNaresh.

7.ajay ...dr.

to cash

8.cash ...dr.

to commission

9.rent ...dr.

to Amit

10.furniture ..dr.

to cash

11.cash ...dr.

to sale

12.cash ..dr.

to sales

13.bank a/c dr.

to naresh.

14.salary a/c...dr.

to cash a/c