Question

The following transactions of Mr. Ahmed, during the month of September 2018.

Sep 01 Capital introduced Rs. 1,25,000

05 Building machine purchased for cash Rs. 25,000

15 Purchase Furniture for cash Rs. 40,000

21 Rent Paid Rs. 25,000

27 Sold goods to Raheem for cash Rs. 33,125

28 Paid travelling charges Rs. 4,875

Journalise the above transaction​

Answer 1

Answer:

Sep

01 Cash a/c 125000

To capital a/c 125000

05Building a/c 25000

To cash a/c 25000

15Furniture a/c 40000

To cash a/c 40000

21Rent a/c 25000

To cash a/c 25000

27Cash a/c 33125

To sales a/c 33125

28Traveling charges a/c 4875

To cash a/c 4875