Journal in the Book of Shri Ganesh

DATE PARTICULARS Vou. L/F Dr. (₹) Cr. (₹)

No.
1-10-2020 Cash A/c Dr. 50,000
To, Capital A/C Cr. 50,000
(Started business with ₹ 50,000)
2-10-2020 Purchase A/c Dr. 5,000
To, Cash A/C Cr. 5,000
(Goods purchased by cash)
3-10-2020 Purchase A/c Dr. 10,000
To, Cash A/C Cr. 10,000
(Goods purchased for cash)

4-10-2020 Purchase A/c Dr. 15,000

To, Cash A/C Cr. 15,000
(Goods purchased for cash from Mr. Sun)

5-10-2020 Cash A/c Dr. 6,000

To, Sales A/c Cr. 6,000
(Goods sold for cash)

6-10-2020 Cash A/c Dr. 12,000

To, Sales A/c Cr. 12,000
(Goods sold for cash)

7-10-2020 Cash A/c Dr. 18,000

To, Sales A/c Cr. 18,000
(Goods sold for cash to Mr. Sky)
8-10-2020 Purchase A/c Dr. 10,000
To, Mr. Moon A/c Cr. 10,000
(Purchased goods from Mr. Moon on
credit)
9-10-2020 Purchased A/c Dr. 20,000
To, Mr. Star A/c Cr. 20,000
(Purchased goods from Mr. Star on credit)

10-10-2020 Mr. Sea A/c Dr. 12,500

To, Sales A/c Cr. 12,500
(Sold goods to Mr. Sea on credit)
11-10-2020 Mr. Ocean A/c Dr. 25,000
To, Sales A/c Cr. 25,000
(Sold goods to Mr. Ocean on credit)

12-10-2020 Sales Return A/c Dr. 2,500

To, Mr. Sea A/c Cr. 2,500
(Goods returned by Mr. Sea)

13-10-2020 Mr. Moon A/c Dr. 2,000

To, Purchase Return A/c Cr. 2,000
(Goods returned to Mr. Moon)

14-10-2020 Cash A/c Dr. 9,900

Discount Allowed A/c Dr. 100
To, Mr. Sea A/c Cr. 10,000
(Cash received from Mr. Sea and discount
allowed)
15-10-2020 Mr. Moon A/c Dr. 8,000
To, Cash A/c Cr. 7,880
To, Discount Received A/c Cr. 120
(Cash paid to Mr. Moon and discount
received)

TRANSACTIONS

1. 12-10-2020 Salary paid in advance to employees of ₹ 4,50,000.

2. 13-10-2020 Purchase Furniture for cash ₹ 70,000.
3. 14-10-2020 Electricity paid by cheque of ₹ 1, 00,000.
4. 15-10-2020 Rent paid of ₹ 18,000.
5. 16-10-2020 Goods purchased from Mr. X of ₹ 64,000.
6. 17-10-2020 Sold goods to Mr. Y of ₹ 84,000.
7. 18-10-2020 Goods purchased from Mr. A for cash of ₹ 1, 00,000.
8. 19-10-2020 Bought a Building from Mr. Ram on credit ₹ 11,95,000.
9. 20-10-2020 Commission received in cash ₹ 5,000.
10. 21-10-2020 Goods returned to Mr. A ₹ 20,000.
11. 22-10-2020 Cash paid to Mr. X of ₹ 60,000 and discount received of ₹ 4,000.
12. 23-10-2020 Cash deposited in Bank of ₹ 84,000.
13. 24-10-2020 Wages of ₹ 12,000 is outstanding.
14. 25-10-2020 Bills received from Mr. S of ₹ 10,000.

Journal Entry in the Books of M/S ………..

DATE PARTICULARS Vou. L/F Dr. (₹) Cr. (₹)
 No.
12-10-2020 Prepaid Salary A/c Dr. 4,50,000
To, Cash A/c Cr. 4,50,000
(Salary paid in advance to the employees)
13-10-2020 Furniture A/c Dr. 70,000
To, Cash A/c Cr. 70,000
(Furniture purchased for cash)
14-10-2020 Electricity A/c Dr. 1,00,000
To, Bank A/c Cr. 1,00,000
(Electricity paid by cheque)
15-10-2020 Rent A/c Dr. 18,000
To, Cash A/c Cr. 18,000
(Rent paid in cash)
16-10-2020 Purchase A/c Dr. 64,000
To, Mr. X A/c Cr. 64,000
(Goods purchased from Mr. X)
17-10-2020 Cash A/c Dr. 84,000
To, Sales A/c Cr. 84,000
(Sold goods to Mr. Y for cash)
18-10-2020 Purchase A/c Dr. 1,00,000
To, Cash A/c Cr. 1,00,000
(Goods purchased from Mr. A for cash)
19-10-2020 Building A/c Dr. 11,95,000
To, Mr. Ram A/c Cr. 11,95,000
(Building purchased on credit from Mr. Ram)
20-10-2020 Cash A/c Dr. 5,000
To, Commission A/c Cr. 5,000
(Commission received in cash)
21-10-2020 Mr. A A/c Dr. 20,000
To, Purchase Return A/c Cr. 20,000
(Goods returned to Mr. A)
22-10-2020 Mr. X A/c Dr. 64,000
To, Cash A/c Cr. 60,000
To, Discount Received A/c Cr. 4,000
(Cash paid to Mr. X and discount received)
23-10-2020 Bank A/c Dr. 84,000
To, Cash A/c Cr. 84,000
(Cash deposited to bank)
24-10-2020 Wages A/c Dr. 12,000
To, Outstanding Wages A/c Cr. 12,000
(Wages is outstanding)
25-10-2020 Bills receivable A/c Dr. 10,000
To, Mr. S A/c Cr. 10,000
(Bills received for the amount due)