1.

Write the Journal entry, voucher Type and Short cut keys of the following transactions.1. Cash purchases worth Rs. 10,000 2. Sold goods to Akhil Rs. 6, 000 3. Akhil returned goods worth Rs. 2,000 4. Price of goods sold to Akhil reduced by Rs. 500 5. Credit Purchases from Linjo Rs, 8,000 6. Returned goods to Linjo Rs. 3,0007. Linjo reduced the price of goods sold to us by Rs. 1,000 8. Cash received from Akhil Rs.3,000 9. Cash paid to Linjo Rs. 4,000 10. Cash sales ₹ 800

Answer»
Transaction No.Journal EntryVoucher TypeShortcut key
1purchase a/c  Dr
Cash a/c        Cr
PurchaseF7
2Akhil a/c  Dr
sales a/c Cr
SalesF6
3sales Returns Dr
Akhil a/c         Cr
Sales ReturnCtrl + 1
4Sales Returns a/c Dr
Akhil a/c   Cr
Credit noteCtrl + 3
5Purchase a/c   Dr
Linjo a/c     Cr
PurchaseF7
6Linjo a/c      Dr
Purchase Returns Cr
Purchase ReturnCtrl + 2
7Linjo a/c     Dr
Purchase Retruns a/c    Cr
Debit noteCtrl +4
8Cash a/c   Dr
Akhil a/c    Cr
ReceiptF4
9Linjo a/c  Dr
Cash a/c   Cr
PaymentF5
10Cash a/c   Dr
Sales a/c
SalesF6



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