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Journalise the following transactions in the books of Gajanan traders. 102019. May. 1. Business started with cash Rs. 60000, Machinery Rs. 40000 and furniture Rs. 25000. 3. Sold goods to Satish on credit Rs. 30000. 4. Paid wages Rs. 8000. 7. Purchase goods Rs. 90000 and amount paid by bank directly. 9. Paid for salary Rs. 10000. 15. Paid rent Rs. 5000.. 20. Deposited cash into Bank Rs. 25000. 28. Paid for Transport Rs. 3500. |
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Answer» cash a/c dr 60,000 machinery a/c dr 40,000 furniture a/c dr 25000 to capital a/c 1,25,000 3)SATHISH a/c dr 30,000 to sales a/c 30,000 4)wages a/c dr 8,000 to cash a/c 8,000 7)purchase a/c dr 90,000 to bank a/c 90,000 9)SALARY a/c dr 10,000 to cash a/c 10,000 15)rent a/c dr 5,000 to cash a/c 5,000 20)bank a/c dr 25,000 to cash a/c 25,000 28)transport EXPENSE a/c dr 3,500 to cash a/c 3,500 Explanation: i hope this helps you |
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