Question

Write journal entries :
(i) Purchases goods for cash ₹20,000
(ii) Cash sales ₹5,000
(ii) Rent paid by cheque ₹4,500
​

Answer 1

⠀

$\: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \small\bold{★Journal \: entries★}$

(i) Purchases A/c ⠀⠀⠀Dr..⠀⠀₹20,000

⠀⠀⠀To Cash A/c⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀₹20,000

⠀

(Being the goods purchased for cash)

━━━━━━━━━━━━━━━━━━━━━━━━━━

⠀

(ii) Cash A/c ⠀⠀⠀⠀Dr...⠀⠀⠀₹5,000

⠀⠀⠀To Sales A/c ⠀⠀⠀⠀⠀⠀⠀⠀⠀₹5,000

⠀

(Being the goods sold for cash)

━━━━━━━━━━━━━━━━━━━━━━━━━━

⠀

(iii) Rent A/c ⠀⠀⠀⠀⠀Dr...⠀⠀⠀₹4,500

⠀ ⠀⠀To Bank A/c⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀₹4,500

⠀

(Being the rent paid by cheque)

━━━━━━━━━━━━━━━━━━━━━━━━━━

Answer 2

Explanation:

Journalentries★

(i) Purchases A/c ⠀⠀⠀Dr..⠀⠀₹20,000

⠀⠀⠀To Cash A/c⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀₹20,000

⠀

(Being the goods purchased for cash)

━━━━━━━━━━━━━━━━━━━━━━━━━━

⠀

(ii) Cash A/c ⠀⠀⠀⠀Dr...⠀⠀⠀₹5,000

⠀⠀⠀To Sales A/c ⠀⠀⠀⠀⠀⠀⠀⠀⠀₹5,000

⠀

(Being the goods sold for cash)

━━━━━━━━━━━━━━━━━━━━━━━━━━

⠀

(iii) Rent A/c ⠀⠀⠀⠀⠀Dr...⠀⠀⠀₹4,500

⠀ ⠀⠀To Bank A/c⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀₹4,500

⠀

(Being the rent paid by cheque)

━━━━━━━━━━━━━━━━━━━━━━━━━━