RANREV INFOTECH JOURNAL ENTRIES PROJECT 2
Author: Sanskriti
Journal Entries Project 2
- Rakesh commenced business with cash 10000
- Purchased goods for cash 5000
- Purchased goods from mohan, delhi 400
- Opened bank account with bank of india 1000
- Purchased furniture for office 15000
- Sold goods for cash 3000
- Sold goods to ram, delhi 2000
- Cash sales 1200
- Paid to mohan on account 600
- Ram returns goods costing 300
- Paid salaries 6000
|
Particular |
L F |
Dr
|
Cr |
|
Cash a/c dr To capital a/c |
|
10000 |
10000 |
|
Purchases a/c dr To cash a/c |
|
5000 |
5000 |
|
Purchases a/c dr To mohan a/c |
|
400 |
400 |
|
Bank a/c dr To cash a/c |
|
1000 |
1000 |
|
Furniture a/c dr To cash a/c |
|
15000 |
15000 |
|
Cash a/c dr To sales a/c |
|
3000 |
3000 |
|
Ram’s a/c dr To sales a/c |
|
2000 |
2000 |
|
Cash a/c dr To sales a/c |
|
1200 |
1200 |
|
Mohan’s a/c dr To cash a/c |
|
600 |
600 |
|
Sales returns a/c dr To ram’s a/c |
|
300 |
300 |
|
Salaries a/c dr To cash a/c |
|
6000 |
6000 |