Math, asked by darshilshah1234567, 9 months ago

Tollowing transactions.
1. Nitin invested 50,000 cash and * 5,00,000 by cheque to start a business
2. He deposited 5,000 out of cash in the bank.
3. Purchased goods for 5,000 against cash.
4. Purchased a building and paid * 2,50,000 by cheque.
5. Purchased goods from M/s. Hari & Co. for 1,00,000.
6. Sold goods for cash 50,000.
7. Sold goods on credit to M/s. Ramesh & Co. 25,000.
8. M/s. Ramesh & Co. returned goods of 5,000, being defective.
9. Goods returned by M/s. Ramesh & Co. returned to M/s. Hari & Co. at cost price,
i.e., * 4,000.
10. Paid salary to staff by cheque 15,000.
11. Paid rent for the residence of Nitin 10,000 by cheque.
12. Paid electricity charges for the month 1,000 in cash.
13. Paid telephone charges 500 in cash.
14. Bought office furniture for 25,000 against cheque.
15. Paid M/s. Hari & Co. on account * 50,000 by cheque.
16. Received from M/s. Ramesh & Co. * 15,000 by cheque.
17. Placed order for goods with M/s. Abhi & Sons of 2,00,000; paid them * 20,000 by
cheque as advance, balance to be paid on delivery of goods.
18. Received order for goods from M/s. Ajay & Co. of 3,00,000 along with a cheque
for 7 30,000 as advance, balance to be received against delivery of goods.​

Answers

Answered by KRISHBAAPP
8

Answer:

1 ●casha/c ...Dr 50,000

To capital a/c

●bank a/c ...Dr 5,00,000

To capital a/c

2 bank a/c ...Dr 5000

To cash a/c

3 purchase a/c ..Dr 5000

To cash a/c

4 Building a/c .. Dr250000

To bank a/c

5 purchase a/c ...Dr 100000

To m/s hari and co.

6 cash a/c ..Dr 50000

To sales a/c

7 m/s ramesh and co. ..Dr 25000

To sales a/c

8 sales return ..Dr 5000

To ramesh and co.

9. m/s hari and co....Dr 4000

To purchase return

10 salary a/c..Dr 15000

To bank a/c

11 rent a/c ...Dr 10000

To bank a/c

12 Electricity expense ..Dr 1000

To cash a/c

13 telephone charges ...Dr 500

To cash a/c

14 office furniture ..Dr 25000

To bank a/c

15 m/s hari and co. ..Dr 50000

To bank a/c

16 bank a/c ....Dr 15000

To ramesh and co

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