Write Journal enteries
1.Donation of ₹300 paid
2. Purchased stationery of ₹500
3. Sold goods of ₹25000
4. Purchased goods of ₹5000
5. Purchased goods of ₹4500 from Rakesh
6. Sold goods on credit of ₹17000 to Rakesh
7. Rent received ₹1000
8. Salary paid ₹2000
9. Rent paid ₹3000
10. Purchased Furniture of ₹8000
Answers
Required Journal Entries
1.)
Donation A/c Dr. ₹ 300
To cash A/c ₹ 300
( Being donation paid )
2.)
Stationary A/c Dr. ₹ 500
To cash A/c ₹ 500
( Being stationary purchased for cash )
3.)
Cash A/c Dr. ₹ 25,000
To sales A/c ₹ 25,000
( Being goods sold for cash )
4.)
Purchases A/c Dr. ₹ 5,000
To cash A/c ₹ 5,000
( Being goods purchased for cash )
5.)
Purchases A/c Dr. ₹ 4,500
To Rakesh ₹ 4,500
( Being goods purchased on credit )
6.)
Rakesh Dr. ₹ 17,000
To sales A/c ₹ 17,000
( Being goods purchased sold on credit )
7.)
Cash A/c Dr. ₹ 1,000
To rent received A/c ₹ 1,000
( Being rent recieved )
8.)
Salary A/c Dr. ₹ 2,000
To cash A/c ₹ 2,000
( Being salary paid )
9.)
Rent A/c Dr. ₹ 3,000
To cash A/c ₹ 3,000
( Being rent paid )
10,)
Furniture A/c Dr. ₹ 8,000
To cash A/c ₹ 8,000
( Being furniture purchased for cash )