Question

Tanga
7.
Journalise the following transactions in the books, of Sh.
2020
April 1. Sh. K.K. Handa started business with cash 80,000.
April 2. Opened an Account in State Bank of India by depositing 50,000.
April 3. Shop rent paid 1,800 for the month.
April 6. Furniture purchased for * 1,200.
April 9. Goods purchased for cash 7,000.
April 10. Paid for advertisement by cheque 4,500.
April 11. Goods sold for cash 9,000.
April 13. Bought stationery for cash 700.
April 15. Withdrew cash from bank for office use 8,000
April 18. Goods purchased from Raj Kumar 13,500
April 20. Commission paid to agent on Goods sold 180
April 23. Goods sold to Shakil Ahmed 12,200
April 24. Deposited into State Bank of India 3,000
April 27. Cash Sales banked 6,000
April 30.
Cheque issued to Raj Kumar 10,000 on Account​

Answer 1

Answer:

1. cash A/C..............Dr 80000

To capital A/C 80000

Answer 2

April 2. Opened an Account in State Bank of India by depositing 50,000.