Question

Following transactions of Ramesh for April, 2019 are given below. Journalise them.

2019		₹
April 1	Ramesh started business with cash	1,00,000
April 2	Paid into bank	20,000
April 3	Bought goods for cash	50,000
April 4	Drew cash from bank for office use	10,000
April 13	Sold goods to Krishna	15,000
April 20	Bought goods from Shyam	22,500
April 22	Krishna returned goods	2,000
April 24	Received from Krishna	12,500
	Allowed him discount	500
April 28	Paid cash to Shyam	21,500
	Discount received	1,000
April 30	Cash sales for the month	80,000
April 30	Paid rent	5,000
April 30	Paid salary	10,000

Answer 1

Journal
Date	Particulars		L.F.	Debit Amount (₹)	Credit Amount (₹)
2019
Apr 01	Cash A/c	Dr.		1,00,000
	To Capital A/c				1,00,000
	(Started business with cash)
Apr 02	Bank A/c	Dr.		20,000
	To Cash A/c				20,000
	(Paid into bank)
Apr 03	Purchases A/c	Dr.		50,000
	To Cash A/c				50,000
	(Goods purchased)
Apr 04	Cash A/c	Dr.		10,000
	To Bank A/c				10,000
	(Drew from bank for office use)
Apr 13	Cash A/c	Dr.		15,000
	To Sales A/c				15,000
	(Goods sold to Kirshna for Cash)
Apr 20	Purchases A/c	Dr.		22,500
	To Cash A/c				22,500
	(Goods purchased for cash)
Apr 22	Sales Return A/c	Dr.		2,000
	To Cash A/c				2,000
	(Goods sold to Krishna returned)
Apr 24	Cash A/c	Dr.		12,500
	Discount Allowed A/c	Dr.		500
	To Krishna A/c				13,000
	(Received from Krishna)
Apr 28	Shyam A/c	Dr.		22,500
	To Cash A/c				21,500
	To Discount Received A/c				1,000
	(Paid to Shyam)
Apr 30	Cash A/c	Dr.		80,000
	To Sales				80,000
	(Cash sales for the month of April)
Apr 30	Rent A/c	Dr.		5,000
	To Cash A/c				5,000
	(Paid rent)
Apr 30	Salary A/c	Dr.		10,000
	To Cash A/c				10,000
	(Paid salary)