Class 11-commerce T S GREWAL Solutions Accountancy Chapter 8 - Journal

Book of Ramesh

Journal

Date

Particulars

L.F.

Dr.

Rs. 

Cr.

Rs. 

2019

April 01

Cash A/c

Dr.

1,00,000

--------To capital A/c

1,00,000

(Being Ramesh started business with cash)

April 02

Bank A/c

Dr.

20,000

--------To Cash A/c

20,000

(Being cash paid into bank)

April 03

Purchase A/c

Dr.

50,000

--------To Cash A/c

50,000

(Being purchased goods for cash )

April 04

Cash A/c

Dr.

10,000

--------To Bank A/c

10,000

(Being drew cash from bank for office use)

April 13

Krishna A/c

Dr.

15,000

--------To Sales A/c

15,000

(Being sold goods to Krishna on credit)

April 20

Purchase A/c

Dr

22,500

--------To Shyam A/c

22,500

(Being bought goods from Shyam on credit )

April 24

Cash A/c

Dr.

12,500

Discount Allowed A/c

Dr.

500

--------To Krishna A/c

13,000

(Being received cash from Krishna and discount allowed)

April 28

Shyam A/c

Dr.

22,500

--------To Cash A/c

21,500

--------To Discount received A/c

1,000

(Being paid to Shyam and discount received)

April 28

Sales Return A/c

Dr.

2,000

--------To Krishna A/c

2,000

(Being goods return by kirshna)

April 30

Cash A/c

Dr.

80,000

--------To Sales A/c

80,000

(Being sold goods for cash)

April 30

Rent A/c

Dr.

5,000

Salary A/c

Dr.

10,000

--------To Cash A/c

15,000

(Being rent and salary were paid )

Books of Rahul

Journal

Date

Particulars

L.F.

Dr.

Rs. 

Cr.

Rs. 

2019

Jan. 01

Cash A/c

Dr.

1,00,000

--------To Capital A/c

1,00,000

(Being Rahul started business with cash)

Jan. 02

Bank A/c

Dr.

60,000

--------To Cash A/c

60,000

(Being paid into Bank)

Jan. 03

Purchase A/c

Dr.

20,000

--------To M/s. S. Singh of Co. A/c

20,000

(Being purchased goods from M/s S. Singh and Co)

Jan. 03

Cartage A/c

Dr.

300

--------To Cash A/c

300

(Being paid for Cartage)

Jan. 04

Furniture A/c

Dr.

2,000

Office Equipments A/c

Dr.

1,000

Computer A/c

Dr.

13,000

--------To Bank A/c

16,000

(Being Furniture, Office Equipments and Computer purchased through cheque)

Jan. 04

HP Printers A/c

Dr.

5,000

--------To Bank A/c

5,000

(Being Advance payment for placing an order for HP Printers)

Jan. 06

Postage A/c

Dr.

150

--------To Cash A/c

150

(Being paid for postage)

Jan. 08

Cash A/c

Dr.

4,000

--------To Sales A/c

4,000

(Being sold goods for Cash)

Jan. 09

M/s. S. Sharda and Co. A/c

Dr.

10,000

--------To Sales A/c

10,000

(Being sold goods to M/s. S. Sharda and Co.)

Jan. 15

M/s S. Singh and Co. A/c

Dr.

17,500

--------To Cash A/c

17,500

(Being paid to M/s S. Singh and Co.)

Jan. 25

M/s. Ray and Co. A/c

Dr.

5,600

--------To Sales A/c

5,600

(Being sold goods to M/s. Ray and Co)

Jan. 27

Bank A/c

Dr.

9,750

Discount Allowed A/c

Dr.

250

--------To M/s S. Shardaand Co A/c

10,000

(Being cash received from M/s S. Sharda and Co. and discount allowed)

Jan. 31

Electricity Charges A/c

Dr.

1,000

Salary A/c

Dr.

1,500

--------To Cash A/c

2,500

(Being electricity charges and salary paid)

Jan. 31

Rent A/c

Dr.

2,500

Drawings A/c

Dr.

2,500

--------To Cash A/c

5,000

(Being rent paid half of which related to personal use)

Jan. 31

Drawings A/c

Dr.

3,500

--------To Cash A/c

3,500

(Being withdrew for private use)

Journal

Sr. No.

Particulars

L.F.

Dr.

Rs. 

Cr.

Rs. 

i.

Purchase A/c

Dr.

16,000

--------To Cash A/c

16,000

(Being goods purchase by cheque)

ii.

Purchase A/c

Dr.

17,000

--------To Cash A/c

17,000

(Being goods purchased by cash)

iii.

Purchase A/c

Dr.

24,000

--------To Amit A/c

24,000

(Being goods purchased by Amit on credit)

iv.

Purchase A/c

Dr.

35,000

--------To Cash A/c

35,000

(Being cash purchases)

v.

Amit A/c

Dr.

8,000

--------To Purchase Return A/c

8,000

(Being goods return by Amit)

vi.

Bank A/c

Dr.

36,000

--------To Sales A/c

36,000

(Being sold to Parul by cheque)

vii.

Cash A/c

Dr.

27,000

--------To Sales A/c

27,000

(Being sold goods for cash)

viii.

Pawan A/c

Dr.

18,000

--------To Sales A/c

18,000

(Being sold goods to Pawan on credit)

ix.

Yamini A/c

Dr.

23,000

--------To Sales A/c

23,000

(Being sold goods to Yamini on credit)

x.

Bhupesh A/c (WN 1)

Dr.

10,800

--------To Cash A/c

10,800

(Being sold goods to Bhupesh on credit)

xi.

Bank A/c (WN 2)

Dr.

47,812.50

--------To Sales A/c

47,812.50

(Being sold goods to cheque)

xii.

Sales Return A/c

Dr.

9,000

--------To Aman A/c

9,000

(Being goods return by aman)

Journal

Sr. No.

Particulars

L.F.

Dr.

Rs. 

Cr.

Rs. 

i.

Cash A/c

Dr.

20,000

Discounted Allowed A/c

Dr.

500

--------To Bharat A/c

20,500

(Being Payment received from Bharat on cash)

ii.

Bank A/c

Dr.

35,000

Discounted Allowed A/c

Dr.

750

--------To Vikas A/c

35,750

(Being Payment received from Vikas on credit)

iii.

Cash A/c

Dr.

38,000

Discounted Allowed A/c

Dr.

2,000

--------To Akhil A/c

40,000

(Being Payment received from Akhil on cash)

iv.

Bank A/c

Dr.

50,000

--------To Amrit A/c

50,000

(Being Payment received from Amrit on credit)

v.

Suresh A/c

Dr.

40,000

--------To Cash A/c

39,200

--------To Discount Received A/c

800

(Being Payment mead to Suresh with Discount Received)

vi.

Mehar A/c

Dr.

26,000

--------To Cash A/c

25,000

--------To Discount Received A/c

1,000

(Being Payment mead to Mehar with Discount Received)

vii.

Yogesh A/c

Dr.

25,000

--------To Bank A/c

25,000

(Being Payment mead to Yogesh)

viii.

Purchase A/c

Dr.

97,000

--------To Bank A/c

97,000

(Being goods purchase to cheque)

ix.

Purchase A/c

Dr.

60,000

--------To Akash and co. A/c

30,000

--------To Cash A/c

29,100

-------- To Discount Received A/c

900

(Being goods purchase to Akash and co.)

x.

Bank A/c

Dr.

29,400