Journalise the following transaction and post these to the ledger.
2014
jan 1 commenced business with cash. 80000
jan 5 deposited in bank 60000
jan 7 bought goods from cash 10000
jan 9 sold goods to Jay 5000
jan 12 received cash from jay 3900 discount allowed 100
jan 13 bought goods from pooja 10200
jan 15 paid pooja cash 7800 discount received 200
jan 16received cash for goods sold 5500
Jan 18 bought goods of das 4700
Jan 19 withdrew for private expenses 2000
​jan 20  received cash from john and deposited into bank 1000
jan 21 paid sundry trade expenses 500
jan 23 paid rent 900
jan 24 paid cash to das 4600
jan 26 discount allowed 100
jan 27 wason buys goods from us 9500
jan 30 paid for carriage 100

The solution to your query is provided below:
 
Journal
Date Particulars L.F. Debit
Amount
(Rs)
Credit
Amount
(Rs)
2014          
Jan 1 Cash A/c Dr.   80,000  
     To Capital A/c       80,000
           
Jan 5 Bank A/c Dr.   60,000  
     To Cash A/c       60,000
           
Jan 7 Purchases A/c Dr.   10,000  
     To Cash A/c       10,000
           
Jan 9 Jay’s A/c Dr.   5,000  
     To Sales A/c       5,000
           
Jan 12 Cash A/c Dr.   3,900  
  Discount Allowed A/c Dr.   100  
     To Jay’s A/c       4,000
           
Jan 13 Purchases A/c Dr.   10,200  
     To Pooja’s A/c       10,200
           
Jan 15 Pooja’s A/c Dr.   8,000  
     To Cash A/c       7,800
     To Discount Received A/c       200
           
Jan 16 Cash A/c Dr.   5,500  
     To Sales A/c       5,500
           
Jan 18 Purchases A/c Dr.   4,700  
     To Das’s A/c       4,700
           
Jan 19 Drawings A/c Dr.   2,000  
     To Cash A/c       2,000
           
Jan 21 Sundry Expenses A/c Dr.   500  
     To Cash A/c       500
           
Jan 23 Rent A/c Dr.   900  
     To Cash A/c       900
           
Jan 24 Das’s A/c Dr.   4,700  
     To Cash A/c       4,600
     To Discount Received A/c       100
           
Jan 27 Wason’s A/c Dr.   9,500  
     To Sales A/c       9,500
           
Jan 30 Cartage A/c Dr.   100  
     To Cash A/c       100
           

*Transaction dated Jan 20 is not correct as in this question business has just commenced and there is no person named 'John' from whom money was receivable so all of a sudden we cannot receive money from him on any account. Thus, it is advisable that you re-check your query and get back to us.
Accordingly, we cannot prepare Ledger accounts since a transaction is incorrect.

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