Question

the Journalise the following transactions in the books of Gagan Narang: 2018

April 1
Started business with cash 40,000.
April 4 Purchased goods for cash 6,200.
April 7
Purchased goods from Gurpreet on credit * 3,800.
April 8 Sold goods for cash 35,500.
April 9 Sold goods on credit to Harpreet 3,200.
April 12 Purchased goods for 9,000.
April 16 Purchased goods from Jai Bhagwan 4,500.
April 21 Purchased goods on credit *4,200.​

Answer 1

Answer:

April 1 Cash a/c dr.

To gagan narang's capital a/c

april4 Purchases a/c dr.

to cash a/c

april7 Purcahses a/c dr.

to gurpreet's a/c

april8 cash a/c dr.

to sales a/c

april9 harpreet's a/c dr.

to sales a/c

april12 purchases a/c dr.

to cash a/c

april16 purchases a/c dr.

to cash a/c

april21 purchases a/c dr.

to creditor's a/c

if you need explaination...i will explain then.