Question

Write
up
Journal and post the following transactions to the Ledger Accounts and balance the
aceounts:
2019
Jan, 2 Started business with cash
20,000
5 Purchased goods for cash
10,000
8 Sold goods to Harendra
4,000
12 Purchased furniture for cash
600
19 Sold goods for cash
7.000
9,000
26 Purchased goods from Hari
2,400
28 Received Cash from Harendra
3.000
31 Paid Hani in cash
(Cr) 20,000; Cash (Dr.) 15,800; Purchases​

Answer 1

Explanation:

1. 2 Jan 2019

•cash a/c. Dr 20000

to capital a/c. 20000

• purchase a/c. Dr 10000

to cash a/c. 10000

•. harendra a/c. Dr 4000

to sale a/c. 4000

• purchase a/c. Dr 600

to cash a/c. 600

• sale a/c. Dr 7000

to cash a/c. 7000

• purchase a/c dr. 2400

hari a/c. 2400

• cash a/c dr. 3000

to harendra a/c. 3000

• hani a/c. Dr

expense a/c