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Journal Assignment

1) The journal records various transactions including the owner introducing Rs. 30,000 cash as capital, purchasing furniture for Rs. 15,000 and a building for Rs. 45,000 in cash. 2) Additional entries include goods purchased for Rs. 6,000 from Rohit paid in cash, goods sales of Rs. 3,000 for cash, and goods sold to Gehna for Rs. 3,000 in cash. 3) Other transactions are charity goods given valued at Rs. 600 and goods purchased from Aman for Rs. 250 in cash, and rent paid of Rs. 5,000 by cheque.

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RushikeshNawale
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21 views

Journal Assignment

1) The journal records various transactions including the owner introducing Rs. 30,000 cash as capital, purchasing furniture for Rs. 15,000 and a building for Rs. 45,000 in cash. 2) Additional entries include goods purchased for Rs. 6,000 from Rohit paid in cash, goods sales of Rs. 3,000 for cash, and goods sold to Gehna for Rs. 3,000 in cash. 3) Other transactions are charity goods given valued at Rs. 600 and goods purchased from Aman for Rs. 250 in cash, and rent paid of Rs. 5,000 by cheque.

Uploaded by

RushikeshNawale
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Journal

Date To Varun A/c


Particulars LF Dr (Rs.) Cr (Rs.)
(Being Cash of Rs. 30000
Capital A/c in the business
introduced Dr. 30000
1 1
by Owner) 30000
To Cash A/c
Furniture A/c of Rs. Dr.
(Being furniture 15000
2 1.1
15000 purchased in cash) 15000
To Cash A/c
Building A/c worth Rs.
(Being Building Dr. 45000
3 To Rohit A/c for cash) 1.2
45000 purchased 45000
(Being Goods purchased
Purchase
from RohitA/c Dr.
of Rs. 6000 paid 6000
4 1.3
in cash) 6000
CashToA/c
sales A/c Dr. 3000
5 To sold 1.4
(Being Cashgoods A/c3000)
Sales Rs. 3000
(Being goods worth Rs.
Cash
3000A/c
sold to Gehna in Dr. 3000
6 1.5
cash) 3000
To Cash A/c
Charity A/c given to Dr.
(Being goods 600
7 1.6
charity of Rs. 600) 600
To Aman A/c
Purchase A/cPurchased Dr.
(Being goods 250
8 1.6
from Aman Rs. 250 in cash) 250
9 Rent A/c Dr. 5000
To Bank A/c 5000
(Being rent Paid by 1.7
Cheque of Rs.5000)

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