Q. Journalise the following transactions. Post them into ledger and prepare a Trial balance.
a) Business started with a capital of Rs 8,00,000
b) Furniture purchased in cash from Jai Rs. 38,000
c) Payment made to Raman Rs. 5,000
d) Commission Received from Suresh Rs. 2,000
e) Goods purchased from Ramlal Rs. 7,00,000
f) Rent paid to Anil Rs. 3,000

Dear Student,

                                                  Journal
 
Date  Particulars  L.F   Debit
 Amount
   (Rs)
  Credit
 Amount
  (Rs)
  Cash A/c .                Dr.

​​​      To Capital A/c

(Being business started with cash)
  800000




 
800000
 
  Furniture A/c               Dr.

     To Cash A/c

(Being furniture purchased)
  38000

 


38000
  Raman A/c                  Dr.

       To  Cash A/c .      
(Being payment made to Raman)
  5000

 


5000
  Cash A/c                    Dr.

​​​​​​        To Commission A/c
(Being Commission received)
 
2000
​​​​​
​​​​​​

​​​​​​

2000

 
Purchases A/c                 Dr.

        To Ramlal  A/c 
(Being Goods purchased on credit)
 
​​​​​700000

 



​​​​​​700000
 
  Rent A/c                         Dr.

       To Cash A/c .   
(Being Rent Paid)
  3000

 


3000


  • 6
The Trial Balance prepared by Dhanraj did not tally and the difference was transferred to Suspense Account. Subsequently, the following errors were found. Rectify the errors and show the suspense Account.
  • 7
Q 1. Journalise the following transactions. Post them in to ledger and prepare a Trial balance. a) Business started with a capital of Rs 8,00,000 b) Furniture purchased in cash from jai Rs. 38000 c) Payment made to Raman Rs. 5000 d) Commission Received from Suresh Rs. 2000 e) Goods purchased from Ramlal Rs. 7,00,000 f) Rent paid to Anil Rs. 3000 g) Goods sold to Jaya Bahaduri in cash Rs. 5,00,000 h) Payment made to Hari Rs. 3920 and discount received Rs. 80 i) Cash received from Neelam Rs. 1880 and discount allowed Rs. 120 j) Bad debts Rs. 400
  • -4
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