Question

The following particulars have been extracted from the books of Zahir Hussain. You
are required to enter them in his journal.
30
Par
Rs.
1999
Jan.1 Contributed Capital
Paid for furniture
Paid into Bank
3 Bought goods
Bought goods from Kamakshi Mills
5 Sold to M/s. Priya Mills, Calcutta
6 Sold to Malan
8 Paid for advertisement
10 Bought Stationery
12 Bought from Kasi Mills, Delhi
Paid for freight and carriage
15 Paid Kamakshi Mills by Cheque
1.00,000
4,000
36,000
17,000
12,000
18,000
8.000
1,500
500
8.000
500
11,800​

Answer 1

Answer:

The andes are the longest mountain ranges in the world with some of the highest peaks.These are also known for there volcanic mountain and ruin of ancient civilization.They extend from around 7200km along the west coast from the Caribbean sea in the north to the cape horn in the south.In height the andes are second only to the Himalayas and both are young fold mountains.

Answer 2

Given:

Jan 1 Contributed Capital 100000

        Paid for furniture 4000

        Paid into Bank 36000

Jan 3 Bought goods 17000

         Bought goods from Kamakshi Mills 12000

Jan 5 Sold to M/s. Priya Mills, Calcutta 18000

Jan 6 Sold to Malan 8000

Jan 8 Paid for advertisement 1500

Jan 10 Bought Stationery 500

Jan 12 Bought from Kasi Mills, Delhi 8000

           Paid for freight and carriage 500

Jan 15 Paid Kamakshi Mills by Cheque 11800

To Find:

The following particulars have been extracted from the books of Zahir Hussain. You  are required to enter them in his journal for the year ending 31st March 1999

Solution:

                                           Journal entry

          In the books of Zahir Hussain for the year ending 31/03/1999

Jan 1) Capital a/c                 Dr100000

                To cash a/c                           100000

(being capital contributed in cash)

          Furniture a/c             Dr4000

                 To cash a/c                       4000

(being furniture brought for cash)

         Bank a/c                     Dr36000

                  To cash a/c                        36000

(being cash deposited into the bank)

Jan 3) Purchase a/c                Dr17000

                  To cash a/c                         17000

(being goods bought for cash)

           Purchase a/c                Dr12000

                   To Kamakshi Mills a/c         12000

(being goods purchased on credit)

Jan5) M/s Priya Mills a/c           Dr18000

                To sales a/c                             18000

(being goods sold on credit)

Jan6) Malan a/c                         Dr8000

              To sales a/c                              8000

(being goods sold on credit)

Jan8) Advertisement a/c            Dr1500

               To cash a/c                              1500

(being cash paid for advertisement)

Jan10) Stationary a/c                  Dr500

                To cash a/c                            500

( being cash paid for stationary)

Jan12) Purchase a/c                    Dr8000

                 To Kasi Mills a/c                      8000

(being goods purchased on credit)

           Freight and carriage a/c   Dr500

                 To cash a/c                             500

(being cash paid for freight and carriage)

Jan15) Kamakshi Mill a/c               Dr11800

                 To bank a/c                                11800

(being Kamakshi Mills paid by cheque)