Question

Transactions of Ravi for April, 2013 are given below. Journalise them.
2013
April 1 Ravi started business with cash50.000

April 2 Paid into SBI 28.000

April 3 Bought goods for cash
2.500

April 4 Drew cash from Bank for office use1,000

April 5Sold to Kirshna goods on credit2.000

April 10 Bought from Shyam goods on credit 4,200

April 15
Received from Krishna 1,900
Allowed him discount 100

April 30 Cash sales for the month 10,000

April 30Paid Rent 5,000

April 30 Paid Salaries 5,0000


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Answer 1

Explanation:

Cash a/c....dr 50000

To capital a/c 50000

bank a/c......dr 28000

To cash a/c 28000

purchase a/c.....dr 2500

to cash a/c 2500

cash a/c....dr 1000

to bank a/c 1000

krishna a/c.....dr 2000

to sales a/c 2000

purchase a/c.....dr 4200

to shyam a/c 4200

cash a/c....dr 1900

discount a/c..dr 100

to krishna a/c 2000

cash a/c.....dr 10000

to sales a/c 10000

rent a/c.....dr 5000

to cash a/c 5000

salaries a/c .... dr 50000

to cash a/c 50000

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