Question

The following are the transaction of kumarswami for the month of january2017 make journal entries post them in to ledger and balance the account Jan1 capital paid in to bank 300000 Jan1 bought stationary for cash 400 Jan2 bought goods for cash 25000 Jan3bought postage stamps 600 Jan5 sold goods for cash 10000 Jan6 bought officer furniture from mahendra bros 40000

Answer 1

jan 1 cash a/c------ dr 300000
to capital a/c 300000
jan 1 stationary a/c-----dr 400
to cash a/c 400
jan 2 purchased a/c------ dr 25000
to cash a/c 25000
jan 3 postagea/c--------dr 600
to cash a/c 600
jan 5 casha/c -------- dr 10000
to sales a/c 10000