Question

solve this pleasssss fasttttt

Answer 1

Journal entries in the books of Rajesh

Date : 1 Feb

1) Cash A/c                       Dr   94050

  Loan from Jannat  A/c  Dr   6000

                  To capital A/c                           100050

(started business with cash and loan from business )

# in question  loan from friend is 6000

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Date : 5 Feb

2)  Debenture A/c    Dr     20000

            To cash A/c                           20000

(being debenture invested )

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Date: 4 Feb

3) Building A/c   Dr     40000

           To cash A/c                      40000

(being purchased building  )

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Date : 9 Feb

4) Purchases A/c  Dr     10000

         To cash A/c                      10000

(being purchased goods )

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5) Date :  10 Feb

Cash A/c       Dr             200

       To Interest received  A/c                200

(being interest received )

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Date : 15 Feb

6)  Drawings A/c   Dr   10000

             To  cash  A/c                   10000

(being withdrew cash for daughter's marriage )

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Date : 17 Feb

7) Bonus A/c   Dr    2000

           To cash A/c               2000

(being bonus paid)

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Date : 19 th Feb

8)Stationary A/c   Dr  400

          To cash A/c                 400

(being stationary purchased )

-----------------------------------------------------------------------------------------------------------------Date : 22 Feb

10) Loss by theft A/c    4000

           To Cash A/c                      4000

(being cash stolen by piun)

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Date :28 Feb

11) Interest on Loan A/c Dr   720

          To cash A/c                            720

(being interest paid for loan brought from jannat  6000 * 12%)