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Page No 9.57:
Answer:
Journal In the Books of Manohar Lal 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017  
Mar. 01  Cash A/c  Dr.  60,000  
To Capital A/c

60,000  
( Started business with cash)  
Mar. 02  Furniture A/c  Dr.  10,000  
To Cash A/c

10,000  
(Furniture purchased for cash)  
Mar. 04  Purchases A/c  Dr.  25,000  
To Cash A/c

25,000  
( Goods purchased for cash)  
Mar. 05  Purchases A/c  Dr.  15,000  
To Kamlesh’s A/c

15,000  
(Goods purchased from Kamlesh)  
Mar. 06  Cash A/c  Dr.  36,000  
To Sales A/c

36,000  
( Goods sold for cash)  
Mar. 08  Hari’s A/c  Dr.  30,000  
To Sales A/c

30,000  
(Goods sold to Hari)  
Mar. 10  Kamlesh’s A/c  Dr.  15,000  
To Cash A/c

15,000  
(Cash paid to Kamlesh)  
Mar. 14  Cash A/c  Dr.  18,000  
To Hari’s A/c

18,000  
(Cash received from Hari)  
Mar. 16  Purchases A/c  Dr.  6,000  
To Sohan’s A/c

6,000  
(Goods purchased from Sohan)  
Mar. 18  Purchases A/c  Dr.  8,000  
To Cash A/c

8,000  
(Goods purchased from Sohan for cash)  
Mar. 20  Rent A/c  Dr.  1,000  
To Cash A/c

1,000  
(Paid office rent)  
Mar. 26  Cash A/c  Dr.  750  
To Commission A/c  750  
(Commission received)  
Mar. 27  Salary A/c  Dr.  1,200  
To Cash A/c

1,200  
(Salary paid to Gopal)  
Mar. 28  Cash A/c  Dr.  12,000  
To Hari’s A/c

12,000  
(Cash received from Hari)  
Mar. 29  Drawings A/c  Dr.  4,000  
To Cash A/c

4,000  
(Cash withdrawn from office for personal use)  
Mar. 30  Wages A/c  Dr.  7,200  
To Cash A/c

7,200  
(Wages paid)  
Mar. 30  Machinery A/c  Dr.  8,000  
To Cash A/c

8,000  
(Machinery purchased for cash)  
TOTAL  2,57,150  2,57,150  
Page No 9.57:
Question 2:
Enter the following transactions in the Journal of Sahil Bros. :
2016  â‚ą  
October  1  Purchased goods from Anil for Cash  40,000 
3  Purchased goods from Atul  75,000  
6  Returned goods from Atul  3,000  
8  Paid cash to Atul  50,000  
10  Sold goods to Charu  1,00,000  
12  Charu returned 20% of goods  
15  Paid rent  2,000  
20  Sahil withdrew for personal use  10,000 
Answer:
Journal In the Books of Sahil 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2016  
Oct. 01  Purchases A/c  Dr.  40,000  
To Cash A/c

40,000  
(Goods purchased from Anil for cash)  
Oct. 03  Purchases A/c  Dr.  75,000  
To Atul’s A/c

75,000  
(Goods purchased from Atul)  
Oct. 06  Atul’s A/c  Dr.  3,000  
To Purchases Return A/c

3,000  
(Goods returned to Atul)  
Oct. 08  Atul’s A/c  Dr.  50,000  
To Cash A/c

50,000  
(Cash paid to Atul)  
Oct. 10  Charu’s A/c  Dr.  1,00,000  
To Sales A/c

1,00,000  
( Goods sold to Charu)  
Oct. 12  Sales Return A/c  Dr.  20,000  
To Charu’s A/c

20,000  
(Goods returned to Charu)  
Oct. 15  Rent A/c  Dr.  2,000  
To Cash A/c

2,000  
(Rent paid)  
Oct. 20  Drawings A/c  Dr.  10,000  
To Cash A/c

10,000  
(Cash withdrawn for personal use)  
TOTAL  3,00,000  3,00,000  
Page No 9.58:
Question 3:
Enter the following transactions in the Journal of Ganesh Bros. :
2017  â‚ą  
March 3  Sold goods to Dev  1,00,000  
5  Received from Dev in full settlement of his account  98,000  
6  Sold goods to Manmohan  80,000  
8  Manmohan returned goods  1,000  
15  Received from Manmohan in full settlement of his account  78,200  
16  Received cash from Ram  19,500  
and discount allowed  500  
20  Paid cash to Pawan  4,700  
and discount received from him  300  
25  Sold goods to Varun of the list price of â‚ą25,000 at 20% trade discount 
Answer:
Journal In the Books of Ganesh 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017  
Mar. 03  Dev’s A/c  Dr.  1,00,000  
To Sales A/c

1,00,000  
(Goods sold to Dev)  
Mar. 05  Cash A/c  Dr.  98,000  
Discount Allowed A/c  Dr.  2,000  
To Dev’s A/c

1,00,000  
(Cash received from Dev in full settlement of his account)  
Mar. 06  Manmohan’s A/c  Dr.  80,000  
To Sales A/c

80,000  
(Goods sold to Manmohan)  
Mar. 08  Sales Return A/c  Dr.  1,000  
To Manmohan’s A/c

1,000  
(Goods returned to Manmohan)  
Mar. 15  Cash A/c  Dr.  78,200  
Discount Allowed A/c  Dr.  800  
To Manmohan’s A/c

79,000  
(Cash received from Manmohan in full settlement of his account)  
Mar. 16  Cash A/c  Dr.  19,500  
Discount Allowed A/c  Dr.  500  
To Ram’s A/c

20,000  
(Cash received from Ram and discount allowed)  
Mar. 20  Pawan’s A/c  Dr.  5,000  
To Cash A/c

4,700  
To Discount Received A/c

300  
(Cash paid to Pawan and received discount)  
Mar. 25  Varun’s A/c  Dr.  20,000  
To Sales A/c

20,000  
(Goods sold @ 20% trade discount)  
TOTAL  4,05,000  4,05,000  
Page No 9.58:
Answer:
Journal In the Books of Hari Shankar & Co. 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017  
Apr. 01  Cash A/c  Dr.  50,000  
To Capital A/c

50,000  
(Started business with cash)  
Apr. 02  Purchases A/c  Dr.  20,000  
To Subhash’s A/c

20,000  
(Goods purchased from Subhash)  
Apr. 04  Ramnath’s A/c  Dr.  15,000  
To Sales A/c

15,000  
(Goods sold to Ramnath)  
Apr. 06  Sales Return A/c  Dr.  1,000  
To Ramnath’s A/c

1,000  
(Goods returned to Ramnath)  
Apr. 10  Cash A/c  Dr.  13,800  
Discount Allowed A/c  Dr.  200  
To Ramnath’s A/c

14,000  
(Cash received from Ramnath and allowed discount)  
Apr. 12  Purchases A/c  Dr.  10,000  
To Gopal’s A/c

10,000  
(Goods purchased from Gopal)  
Apr. 14  Gopal’s A/c  Dr.  10,000  
To Cash A/c

9,500  
To Discount Received A/c

500  
(Cash paid to Gopal in full settlement of his account)  
Apr. 15  Rent A/c  Dr.  1,000  
To Cash A/c

1,000  
(Rent paid)  
Apr. 16  Drawings A/c  Dr.  500  
To Cash A/c

500  
(Rent paid for Hari Shankar’s residence)  
Apr. 18  Purchases A/c  Dr.  4,800  
To Cash A/c

4,800  
(Goods purchased for cash at 20% trade discount)  
Apr. 20  Purchases A/c  Dr.  8,000  
To Govind’s A/c

8,000  
(Goods purchased from Govind at 20% trade discount)  
Apr. 24  Govind’s A/c  Dr.  8,000  
To Cash A/c

7,850  
To Discount Received A/c

150  
(Cash paid to Govind in full settlement of his account)  
Apr. 25  Subhash’s A/c  Dr.  5,000  
To Cash A/c

4,750  
To Discount Received A/c

250  
(Cash paid to Subhash in full settlement of his account)  
Apr. 30  Wages A/c  Dr.  400  
Salaries A/c  Dr.  4,000  
Advertisement Expenses A/c  Dr.  800  
Trade Expenses A/c  Dr.  1,000  
To Cash A/c

6,200  
(Expenses paid)  
TOTAL  1,53,500  1,53,500  
Page No 9.58:
Question 5:
Enter the following transaction in the Journal of Marutinandan Stores:
2017  
Jan. 10  Purchased goods from Ghanshyam of the list price of â‚ą 50,000 at 15% trade discount.  
13  Returned goods to Ghanshyam of the list price of â‚ą 2,000  
15  Paid cash to Ghanshyam â‚ą 40,000 in full settlement of his account.  
20  Purchased goods from Raghu of the list price of â‚ą 60,000 at 10% trade discount.  
22  Returned goods to Raghu of the list price of â‚ą 5,000.  
25  Paid cash to Raghu 49,000 in full settlement of his account 
Answer:
Journal In the Books of Marutinandan Stores 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017  
Jan. 10  Purchases A/c  Dr.  42,500  
To Ghanshyam’s A/c

42,500  
(Goods purchased at 15% trade discount)  
Jan. 13  Ghanshyam’s A/c  Dr.  1,700  
To Purchases Return A/c

1,700  
(Goods returned to Ghanshyam deducting trade discount of 15%)  
Jan. 15  Ghanshyam’s A/c  Dr.  40,800  
To Cash A/c

40,000  
To Discount Received A/c

800  
(Cash paid to Ghanshyam in full settlement of his account)  
Jan. 20  Purchases A/c  Dr.  54,000  
To Raghu’s A/c

54,000  
(Goods purchased from Raghu at trade discount of 10%)  
Jan. 22  Raghu’s A/c  Dr.  4,500  
To Purchases Return A/c

4,500  
(Goods returned to Raghu deducting trade discount of 10%)  
Jan. 25  Raghu’s A/c  Dr.  49,500  
To Cash A/c

49,000  
To Discount Received A/c

500  
(Cash paid to Raghu in full settlement of his account)  
1,93,000  1,93,000  
Page No 9.59:
Question 6:
Pass Journal Entries for the following transactions:
2017  
March 6  Sold goods to Muskan of the list price of â‚ą2,00,000 at trade discount of 20%  
8  Muskan returned goods of the list price of â‚ą5,000.  
15  Received from Muskan the full payment under a cash discount of 4%. 
Answer:
Journal In the Books of … 

Date  Particulars  L. F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017  
Jan. 06  Muskan’s A/c  Dr.  1,60,000  
To Sales A/c

1,60,000  
(Goods sold to Muskan at trade discount of 20%)  
Jan. 08  Sales Return A/c  4,000  
To Muskan’s A/c

4,000  
(Goods returned by Muskan deducting trade discount of 20%)  
Jan. 15  Cash A/c  Dr.  1,49,760  
Discount Allowed A/c  Dr.  6,240  
To Muskan’s A/c

1,56,000  
(Cash received from Muskan in full settlement of her account)  
3,20,000  3,20,000  
Page No 9.59:
Question 7:
Give Journal Entries for the following transactions in the books of Raja Ram & Co. :
2017  
March 3  Bought goods for cash of the list price of â‚ą80,000 at 10% trade discount and 2$\frac{1}{2}$% cash discount  
5  Sold goods for cash of the list price of â‚ą1,00,000 at 15% trade discount and 3% cash discount.  
6  Sold good to Nagpal of the list price of â‚ą50,000 at 20% trade discount.  
8  Nagpal returned onefourth of the above goods.  
10  Nagpal settled the account by paying cash under a discount of 5% 
Answer:
Journal In the Books of Raja Ram 

Date

Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017


Mar. 03

Purchases A/c  Dr.  72,000  

To Cash A/c  70,200  

To Discount Received A/c  1,800  

(Goods purchased for cash and received cash discount)  


Mar. 05

Cash A/c  Dr.  82,450  

Discount Allowed A/c  Dr.  2,550  

To Sales A/c  85,000  

(Goods sold for cash and allowed cash discount)  


Mar. 06

Nagpal’s A/c  Dr.  40,000  

To Sales A/c  40,000  

(Goods sold to Nagpal)  


Mar. 08

Sales Return A/c  Dr.  10,000  

To Nagpal’s A/c  10,000  

(Goods returned by Nagpal)  


Mar. 10

Cash A/c  Dr.  28,500  

Discount Allowed A/c  Dr.  1,500  

To Sales A/c  30,000  

(Cash received in full settlement)  

TOTAL  2,37,000  2,37,000  

Page No 9.59:
Question 8:
Journalise the following transactions :
2016  
March 5  Sold goods to Shruti for â‚ą80,000 at 15% trade discount and 4% cash discount. Received 75% amount immediately through a cheque.  
10  Purchased goods from Richa for â‚ą60,000 at 10% trade discount and 5% cash discount. 60% amount paid by cheque immediately. 
Answer:
Journal 

Date 
Particulars 
L.F. 
Debit Amount (Rs) 
Credit Amount (Rs) 

2016 





Mar.05 
Shruti 
Dr. 

68,000 


To Sales A/c 



68,000 

(Goods sold to Shruti at 15% trade discount) 










Mar.05 
Bank A/c 
Dr. 

48,960 


Discount Allowed A/c 
Dr. 

2,040 


To Shruti 



51,000 

(Payment received and cash discount allowed) 










Mar.10 
Purchases A/c 
Dr. 

54,000 


To Richa 



54,000 

(Goods purchased from Richa at 10% trade discount) 










Mar.10 
Richa 
Dr. 

32,400 


To Bank A/c 



30,780 

To Discount Received A/c 



1,620 

(Payment made and cash discount received) 









Working Notes:
1. Amount of goods sold would be Rs 68,000 (80,000  15% of 80,000) and cash discount would be Rs 2,040, it would be calculated on amount received Rs 51,000 i.e., 75% of Rs 68,000.
2. Amount of goods purchased would be Rs 54,000 (60,000  10% of 60,000) and cash discount would be Rs 1,620, it would be calculated on amount paid Rs 32,400 i.e., 60% of Rs 54,000
Page No 9.59:
Question 9:
Pass journal entries for the following:
2015  
Jan. 6  Purchased goods from Henry for â‚ą50,000 on 10% trade discount and 4% cash discount and paid 60% amount by cheque.  
Jan. 15  Bought goods from Amit for â‚ą 2,00,000 at terms 5% cash discount and 20% trade discount. Paid 3/4th of the amount in cash at the time of purchase.  
Jan. 18  Sold goods to Sherpa at the list price of â‚ą50,000 less 20% trade discount and 4% cash discount if the payment is made within 7 days. 75% payment is received by cheque on Jan. 23rd.  
Jan. 25  Sold goods to Garima for â‚ą 1,00,000, allowed her 20% trade discount and 5% cash discount if the payment is made within 15 days. She paid 1/4th of the amount by cheque on Feb. 5th and 60% of the remainder on Feb.15th in cash 
Answer:
Journal In the Books of … 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2005  
Jan. 06  Purchases A/c  Dr.  45,000  
To Bank A/c (WN1)

25,920  
To Discount Received A/c

1,080  
To Henry’s A/c

18,000  
(Goods purchased and discount received on cash payment)  
Jan. 15  Purchases A/c  Dr.  1,60,000  
To Bank A/c

1,14,000  
To Discount Received A/c

6,000  
To Amit’s A/c

40,000  
(Goods purchased and discount received on cash payment)  
Jan. 18  Sherpa’s A/c  Dr.  40,000  
To Sales A/c

40,000  
(Goods sold to Sherpa on credit)  
Jan. 23  Bank A/c  Dr.  28,800  
Discount Allowed A/c  Dr.  1,200  
To Sherpa’s A/c

30,000  
(75% payment received by Sherpa and allowed cash discount)  
Jan. 25  Garima’s A/c  Dr.  80,000  
To Sales A/c

80,000  
(Goods sold to Garima on credit)  
Feb. 05  Bank A/c  Dr.  19,000  
Discount Allowed A/c  Dr.  1,000  
To Garima’s A/c

20,000  
(Cheque received from Garima and allowed cash discount)  
Feb. 15  Cash A/c*  Dr.  60,000  
To Garima’s A/c

60,000  
(Cash received from Garima)  
TOTAL  4,35,000  4,35,000  
Working Notes:
WN1: Calculation of Payment made to Henry
WN2: Calculation of Payment made to Amit
Page No 9.60:
Question 10:
Record the following transactions in the Journal of Shyam Sunder & Sons :
2017  
April 1  Shyam Sunder & Sons started business with Cash â‚ą75,000; Goods â‚ą30,000 and Furniture â‚ą5,000.  
2  Sold goods to Bhushan of the list price of â‚ą10,000 at trade discount of 10%.  
5  Bhushan returned goods of the list price of â‚ą1,000.  
10  Received from Bhushan â‚ą8,000 in full settlement of his account.  
12  Purchased Furniture for â‚ą6,000.  
Purchased goods from Navin for â‚ą25,000 less trade discount 12%  
15  Returned goods to Navin goods of the list price of â‚ą2,000  
16  Cleared the account of Navin by applying cash, under a discount of 5%  
17  Sold goods to Ajay â‚ą10,000 and Vijay â‚ą16,000.  
20  Received cash from Ajay â‚ą9,800 in full settlement of his account.  
Paid insurance premium â‚ą750.  
22  Paid for Shyam Sunder's Life Insurance Premium â‚ą1,200.  
24  Purchased goods for â‚ą8,000 for cash at a trade discount of 10% and cash discount of 2%.  
25  Received cash from Vijay at aa cash discount of 5% in full settlement of his account.  
30  Paid Rent â‚ą800; Advertisement â‚ą1,000; and Salaries â‚ą4,000.  
30  Received Commission â‚ą500. 
Answer:
Journal In the Books of Shyam Sunder & Sons 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017  
Apr. 01  Cash A/c  Dr.  75,000  
Stock A/c  Dr.  30,000  
Furniture A/c  Dr.  5,000  
To Capital A/c

1,10,000  
(Business started with cash, goods and furniture)  
Apr. 02  Bhushan’s A/c  Dr.  9,000  
To Sales A/c

9,000  
(Goods sold to Bhushan deducting trade discount)  
Apr. 05  Sales Return A/c  Dr.  900  
To Bhushan’s A/c

900  
(Goods returned by Bhushan deducting trade discount)  
Apr. 10  Cash A/c  Dr.  8,000  
Discount Allowed A/c  Dr.  100  
To Bhushan’s A/c

8,100  
(Cash received from Bhushan in full settlement)  
Apr. 12  Furniture A/c  Dr.  6,000  
To Cash A/c

6,000  
(Furniture purchased for cash)  
Apr. 12  Purchases A/c  Dr.  22,000  
To Navin’s A/c

22,000  
(Goods purchased from Navin on credit)  
Apr. 15  Navin’s A/c  Dr.  1,760  
To Purchases Return A/c

1,760  
(Goods returned to Navin)  
Apr. 16  Navin’s A/c  Dr.  20,240  
To Cash A/c

19,228  
To Discount Received A/c

1,012  
(Cash paid to Navin in full settlement)  
Apr. 17  Ajay’s A/c  Dr.  10,000  
Vijay’s A/c  Dr.  16,000  
To Sales A/c

26,000  
(Goods sold to Ajay and Vijay)  
Apr. 20  Cash A/c  Dr.  9,800  
Discount Allowed A/c  Dr.  200  
To Ajay’s A/c

10,000  
(Cash received from Ajay in full settlement)  
Apr. 20  Insurance A/c  Dr.  750  
To Cash A/c

750  
(Paid insurance premium)  
Apr. 22  Drawings A/c  Dr.  1,200  
To Cash A/c

1,200  
(Paid for proprietor’s life insurance premium)  
Apr. 24  Purchases  Dr.  7,200  
To Cash A/c

7,056  
To Discount Received A/c

144  
(Goods purchased for cash at a discount of 2%)  
Apr. 25  Cash A/c  Dr.  15,200  
Discount Allowed A/c  Dr.  800  
To Vijay’s A/c

16,000  
(Cash received in full settlement)  
Apr. 30  Rent A/c  Dr.  800  
Advertisement A/c  Dr.  1,000  
Salaries A/c  Dr.  4,000  
To Cash A/c

5,800  
(Expenses paid)  
Apr. 30  Cash A/c  Dr.  500  
To Commission A/c

500  
(Commission received)  
TOTAL  2,45,450  2,45,450  
Page No 9.60:
Question 11:
Journalise the following transactions :
2017  â‚ą  
Jan. 1  Paid into bank for opening a Current Account  10,000  
3  Goods sold for â‚ą50,000 and the amount was deposited into the bank  
7  Amount withdrawn from bank  20,000  
10  Goods sold for Cash  15,000  
12  Amount deposited into bank  12,000  
14  Goods purchased and payment made by cheque.  25,000 
Answer:
Journal In the Books of … 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017  
Jan. 01  Bank A/c  Dr.  10,000  
To Cash A/c

10,000  
(Payment made to open current account)  
Jan. 03  Bank A/c  Dr.  50,000  
To Sales A/c

50,000  
(Goods sold and amount deposited into bank)  
Jan. 07  Cash A/c  Dr.  20,000  
To Bank A/c

20,000  
(Cash withdrawn from Bank)  
Jan. 10  Cash A/c  Dr.  15,000  
To Sales A/c

15,000  
(Goods sold for cash)  
Jan. 12  Bank A/c  Dr.  12,000  
To Cash A/c

12,000  
(Cash deposited into bank)  
Jan. 14  Purchases A/c  Dr.  25,000  
To Bank A/c

25,000  
(Goods purchased and payment made by cheque)  
TOTAL  1,32,000  1,32,000  
Page No 9.60:
Question 12(A):
Assets: Cash â‚ą8,000; Cash at Bank â‚ą7,000; Stock â‚ą30,000; Debtors : â‚ą25,000 (Mohan â‚ą10,000; Sohan â‚ą12,000; Dinesh â‚ą14,000); Furniture â‚ą5,000; Building â‚ą25,000.
In April, 2017, the following transaction took place:
2017  â‚ą  
April 2  Bought goods of the list price of â‚ą 6,000 from Khanna Brothers less 15% trade discount and 2% cash discount and paid 40% price at the same time.  
3  Received a draft from Mohan in full settlement and deposited it into Bank  9,750  
5  Purchased goods from Suresh of the list price of â‚ą8,000 at 20% trade discount and paid him by cheque.  
8  Sold goods and received a cheque  25,000  
10  Deposited the above cheque into Bank  
12  Sohan deposited in our Bank A/c  4,000  
16  Paid Income Tax  5,600  
20  Received a cheque from Sohan and sent to Bank  7,800  
Discount allowed  200  
21  Withdrew from Bank−for office  2,000  
For private use

4,000  
23  Sent a cheque to X in full settlement of his A/c  4,900  
27  Cheque of Sohan returned by the bank as dishonoured.  
28  Dinesh was declared insolvent and a payment of 60 paise in a â‚ą received from his estate  
30  Bank allowed Interest  350  
Paid for rent by cheque  1,500  
Paid for traveling expenses by cheque  500 
Answer:
Journal In the Books of Radhika Traders 

Date  Particulars  L.F.  Debit Amount (Rs)  Credit Amount (Rs)  
2017  
April 01  Cash in Hand A/c  Dr.  8,000  
Cash at Bank A/c  Dr.  7,000  
Stock A/c  Dr.  30,000  
Mohan’s A/c  Dr.  10,000  
Sohan’s A/c  Dr.  12,000  
Dinesh’s A/c  Dr.  14,000  
Furniture A/c  Dr.  5,000  
Building A/c  Dr.  25,000  
To X’s A/c  5,000  
To Y’s A/c  6,000  
To Capital A/c (Balancing figure)  1,00,000  
(Balances of previous year brought forward)  
April 02  Purchases A/c  Dr.  5,100  
To Khanna Brothers  3,060  
To Cash A/c  1,999  
To Discount Received A/c  41  
(Goods purchased and received discount on cash payment)  
April 03  Bank A/c  Dr.  9,750  
Discount Allowed A/c  Dr.  250  
To Mohan  10,000  
(Draft received from Mohan deposited into bank)  
April 05  Purchases A/c  Dr.  6,400  
To Bank A/c  6,400  
(Goods purchased and payment made by cheque)  
April 08  ChequesinHand A/c  Dr.  25,000  
To Sales A/c  25,000  
(Goods sold and received a cheque)  
April 10  Bank A/c  Dr.  25,000  
To ChequesinHand A/c  25,000  
(Cheque deposited into bank)  
April 12  Bank A/c  Dr.  4,000  
To Sohan’s A/c  4,000  
(Amount deposited by Sohan)  
April 16  Drawings A/c  Dr.  5,600  
To Cash A/c  5,600  
(Income tax paid)  
April 20  Bank A/c  Dr.  7,800  
Discount Allowed A/c  Dr.  200  
To Sohan’s A/c  8,000  
(Banked cash received from Sohan in full settlement)  
April 21  Drawings A/c  Dr.  4,000  
Cash A/c  Dr.  2,000  
To Bank A/c  6,000  
(Amount withdrawn for office and personal use)  
April 23  X  Dr.  5,000  
To Bank A/c  4,900  
To Discount Received A/c  100  
(Cheque issued to X in full settlement of his account)  
April 27  Sohan’s A/c  Dr.  8,000  
To Bank A/c  7,800  
To Discount Allowed A/c  200  
(Cheque received from Sohan gets dishonoured) 