Question

Transaction Related to Bank
10. Journalise the following transactions :
(1) Purchased goods from Chandan 20,000, amount paid by cheque.
Cash sales ? 15,000, amount received by cheque which was deposited in the
3) Withdrew from Bank 5,000, for personal use.
(4) Received a cheque of 8,000, from Anurag.
5) Cheque received from Anurag deposited into Bank.
6) Rent paid by cheque * 2,000.
Ans. J/E​

Answer 1

Explanation:

ANSWER:

Journal

In the Books of Manohar Lal

Date Particulars L.F. Debit Amount (₹) Credit Amount (₹)

2018

Mar. 01 Cash A/c Dr. 60,000

To Capital A/c

60,000

( Started business with cash)

Mar. 02 Furniture A/c Dr. 10,000

To Cash A/c

10,000

(Furniture purchased for cash)

Mar. 04 Purchases A/c Dr. 25,000

To Cash A/c

25,000

( Goods purchased for cash)

Mar. 05 Purchases A/c Dr. 15,000

To Kamlesh’s A/c

15,000

(Goods purchased from Kamlesh)

Mar. 10 Kamlesh’s A/c Dr. 15,000

To Cash A/c

15,000

(Cash paid to Kamlesh)

Mar. 16 Purchases A/c Dr. 6,000

To Sohan’s A/c

6,000

(Goods purchased from Sohan)

Mar. 18 Purchases A/c Dr. 8,000

To Cash A/c

8,000

(Goods purchased from Sohan for cash)

Mar. 20 Rent A/c Dr. 1,000

To Cash A/c

1,000

(Paid office rent)

TOTAL 1,40,000 1,40,000