Journalise the following transactions:

2011

Jun 1 Purchased machinery for business use Rs 5000

Jun 6 Paid insurance premium Rs 70

Jun 8 Paid rent of the godown Rs 40

Jun 10 Purchased a Jeep for proprietor's private use Rs 4000

Journal

Date

Particulars

L.F.

Debit Amount

(Rs)

Credit Amount

(Rs)

2011

 

 

 

 

June 01

Machinery A/c

Dr.

 

5,000

 

 

To Cash A/c

 

 

5,000

 

(Purchased Machinery for business use)

 

 

 

 

 

 

 

 

June 06

Drawings A/c

Dr.

 

70

 

 

To Cash A/c

 

 

70

 

(Paid Insurance Premium)

 

 

 

 

 

 

 

 

June 08

Rent A/c

Dr.

 

40

 

 

To Cash A/c

 

 

40

 

(Paid rent for the godown)

 

 

 

 

 

 

 

 

June 10

Drawings A/c

Dr.

 

4,000

 

 

To Cash A/c

 

 

4,000

 

(Purchased Jeep for private use)

 

 

 

 

 

 

 

 

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