2018 | |
May 1 | Purchased a Machinery for ₹ 1,00,000 and the payment was made by issuing a cheque from Proprietor's saving bank account. |
4 | Received an order from Chakravarti for goods of ₹ 4,00,000 along with a cheque of 10% of the order as advance. |
8 | Paid cash ₹ 8,000 to Dushyant and discount allowed by him ₹ 800. |
10 | Goods stolen by an employee (Sale Price ₹ 20,000; Cost ₹ 15,000). |
15 | Purchased stationery worth ₹ 8,000 for office use and ₹ 2,000 for personal use. |
20 | Manoj pays us ₹ 5,400 after deducting 10% for prompt payment. |
28 | Sold goods to Kuber costing ₹ 2,00,000 at 25% above cost less trade discount of 10% and cash discount of 5%. Kuber did not avail the cash discount. |
Journal |
|||||
Date |
Particulars |
L.F. |
Debit Amount (₹) |
Credit Amount (₹) |
|
2018 |
|
|
|
|
|
May 01 |
Machinery A/c |
Dr. |
|
1,00,000 |
|
|
To Capital A/c |
|
|
|
1,00,000 |
|
(Purchased Machinery and payment made through personal bank account) |
|
|
|
|
|
|
|
|
|
|
May 04 |
Bank A/c |
Dr. |
|
40,000 |
|
|
To Advance against Sales A/c |
|
|
|
40,000 |
|
(Advance cheque received from Chakravarti against a sales order) |
|
|
|
|
|
|
|
|
|
|
May 08 |
Dushyant A/c |
Dr. |
|
8,800 |
|
|
To Cash A/c |
|
|
|
8,000 |
|
To Discount Received A/c |
|
|
|
800 |
|
(Paid to Dushyant) |
|
|
|
|
|
|
|
|
|
|
May 10 |
Loss by Theft A/c |
Dr. |
|
15,000 |
|
|
To Purchases A/c |
|
|
|
15,000 |
|
(Goods stolen by employee) |
|
|
|
|
|
|
|
|
|
|
May 15 |
Stationery A/c |
Dr. |
|
8,000 |
|
|
Drawings A/c |
|
|
2,000 |
|
|
To Cash A/c |
|
|
|
10,000 |
|
(Purchased stationery for office and personal use) |
|
|
|
|
|
|
|
|
|
|
May 20 |
Cash A/c |
Dr. |
|
5,400 |
|
|
Discount Allowed A/c |
|
|
600 |
|
|
To Manoj A/c |
|
|
|
6,000 |
|
(Received from Manoj) |
|
|
|
|
|
|
|
|
|
|
May 28 |
Kuber A/c |
Dr. |
|
2,25,000 |
|
|
To Sales A/c |
|
|
|
2,25000 |
|
(Sold goods to Kuber) |
|
|
|
|
|
|
|
|
4,04,800 |
4,04,800 |
|
|
|
|
|
|