Question

TALKS
5. Journalise the following transactions
2019
Aug 1 Paid into bank for opening a current account
Aug 2 Withdrawn cash for private expenses
Aug 3 Withdrawn from bank
Aug 4 Withdrawn from bank for private use
Aug 5 Placed in fixed deposit account at bank by transfer from
current account
Aug 10 Goods purchased for * 7,500 and amount paid by cheque
Amt (7)
40,000
3,000
9,000
6,000
12,000​

Answer 1

Answer:

bank a/c ... dr.

To, cash a/c

being cash deposited in bank .

2. drawing a/c ... dr .

To cash a/c .

( being cash withdrawn for personal use )

3. cash a/c .... dr.

To bank a/c

( being cash withdrawn from bank )

4.