JOURNAL ENTRIES PROJECT 3

Author: Sanskriti

JOURNAL ENTRIES PROJECT 3

 

  1. Albert starts business with Rs                                                           50000
  2. Bought furniture for  5000, machinery for Rs                                   10000
  3. Purchased goods for  Rs                                                                   14000
  4. Sold goods for Rs                                                                              8000
  5. Paid into bank Rs                                                                              5800
  6. Cash received from mohan Rs                                                          2000
  7. Purchased goods from ashu Rs                                                        20000
  8. Paid salaries bill Rs                                                                           23000
  9. Radha paid by cheque Rs                                                                 1000
  10. Cash paid to ram Rs                                                                          3000

Particular

L

F

Dr

Cr

CASH A/C DR

         TO CASH A/C

 

50000

 

50000

FURNITURE A/C DR

   MACHINERY A/C DR

         TO CASH A/C

 

5000

10000

 

 

15000

PURCHASED A/C DR

         TO CASH A/C

 

14000

 

14000

CASH A/C DR

           TO SALES A/C

 

8000

 

8000

BANK A/C DR

            TO CASH A/C

 

5800

 

5800

CASH A/C DR

                TO MOHAN A/C

 

2000

 

2000

PURCHASED A/C DR

             TO ASHU A/C

 

20000

 

20000

SALARIES A/C DR

         TO CASH A/C

 

23000

 

23000

RADHA A/C DR

          TO BANK A/C

 

1000

 

1000

RAM A/C DR

           TO CASH A/C

 

3000

 

3000