Journalise the following transactions in the books of Mr. Akshay.

2010 April

1

Mr. Akshay started business with Cash Rs 80,000.

4

Purchased goods form Mona Rs 28,000.

7

Deposited cash into Dena Bank Rs 39,000.

10

Sold goods to Dinesh Rs 41,000.

13

Purchased Laptop of Rs 30,000 in cash.

17

Paid Mona by cheque Rs 30,000.

20

Paid wages Rs 500.

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Solution

In the Books of Mr. Akshay

Journal

Date

Particulars

L.F.

Debit

Amount

(Rs)

Credit

Amount

(Rs)

April 2010

1

Cash A/c

Dr.

80,000

To Capital A/c

80,000

(Commenced business with cash)

4

Purchases A/c

Dr.

28,000

To Mona

28,000

(Goods purchased from Mona)

7

Bank A/c

Dr.

39,000

To Cash A/c

39,000

(Cash deposited into Dena Bank)

10

Dinesh

Dr.

41,000

To Sales A/c

41,000

(Goods sold to Dinesh on credit)

13

Laptop A/c

Dr.

30,000

To Cash A/c

30,000

(Laptop purchased in cash)

17

Mona

Dr.

30,000

To Bank A/c

30,000

( Issue of cheque to Mona)

20

Wages A/c

Dr.

500

To Cash A/c

500

( Wages paid)

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2010 April	1	Mr. Akshay started business with Cash Rs 80,000.
	4	Purchased goods form Mona Rs 28,000.
	7	Deposited cash into Dena Bank Rs 39,000.
	10	Sold goods to Dinesh Rs 41,000.
	13	Purchased Laptop of Rs 30,000 in cash.
	17	Paid Mona by cheque Rs 30,000.
	20	Paid wages Rs 500.

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
April 2010
1	Cash A/c	Dr.		80,000
	To Capital A/c				80,000
	(Commenced business with cash)

4	Purchases A/c	Dr.		28,000
	To Mona				28,000
	(Goods purchased from Mona)

7	Bank A/c	Dr.		39,000
	To Cash A/c				39,000
	(Cash deposited into Dena Bank)

10	Dinesh	Dr.		41,000
	To Sales A/c				41,000
	(Goods sold to Dinesh on credit)

13	Laptop A/c	Dr.		30,000
	To Cash A/c				30,000
	(Laptop purchased in cash)

17	Mona	Dr.		30,000
	To Bank A/c				30,000
	( Issue of cheque to Mona)

20	Wages A/c	Dr.		500
	To Cash A/c				500
	( Wages paid)