Transaction (1)

Journalize the following transaction with narration and Voucher Name.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

1.     Mukesh Business Started with cash Rs. 1500
2.     Purchased Goods for Cash Rs. 5000
3.     Purchased Goods from Sudhir Rs. 3000
4.     Goods Sold to Ramesh Rs. 15000
5.     goods Sold for Cash Rs. 2000
6.     Sold Goods to Shyam Rs. 15000
7.     Goods return to Sudhir Rs. 1500
8.     Goods return from Ramesh Rs. 2000
9.     Cash paid to Sudhir in full settlement
10.   With drew cash for personal use from Office Rs. 4000
11.   Purchased Machinery from Rahul for cash 50000
12.   Received cash from Ramesh in full Settlements 
 
Transaction (2)

Journalize the following transaction with narration and Voucher Name.

1.     Business Started with Cash 100000
2.     Purchased stationary from Ajit for cash 2000
3.     Purchased goods from Mohan for Cash 20000
4.     Sold goods To Raj & Sons 30000
5.     Purchased Furniture from Anil Traders 20000
6.     Paid Salary to Rahman 2000
7.     Paid Rent To Amit 200
8.     Received Cash from Raj & sons  
9.     With drew goods for personal use 2000
10.    Paid Cash to Anil Traders
11.   Loss of Goods by fire 20000
12.    Loss of goods by Rat

Transaction (3)

Journalize the following transaction with narration and Voucher Name.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

1.     A merchant started business with Cash 10000
2.     Purchased goods on credit from Ram 4000
3.     paid Cash to Mohan  500
4.     Cash Sale 1000
5.     goods Sold to Mohan 2000
6.     received cash from Ganesh 6000
7.     Purchased goods for cash 1000
8.     Paid Rent 100
9.     goods given as free sample 1000
10.   Paid Income tax 3000

Transaction (4)

Journalize the following transaction with narration and Voucher Name.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

1.     Rent paid for cash 1000
2.     Goods withdrawn by proprietor for personal use 5000
3.     Purchase machine on credit from Ram Sons 10000
4.     Goods given as Charity 500
5.     Started business with a capital 75000
6.     Purchased goods from kumar Steel for cash 20000
7.     goods from Prasad Steel on credit 3000
8.     Paid carriage 5000
9.     Goods return to Kumar Steel 5000
10.  Interest received 1500
11.  Paid Rent 1500
12.   Paid Legal expense for cash 500
13.  Paid advertisement to Hindustan daily, Newspaper for cash 2000
14.  Furnitur purchased from Furnitur Mart on credit 5000
15.  Sold goods to mahendra Lal for cash 50000
16.  Paid cash to kumar Steel in full settlement
17.   Piad Cash to Ram Sons
18.   Piad postage Expense 200
19.   Paid commission to Raj 300
20.   Purchase typewriter 20000

Important Transaction (5)

Journalize the following transaction with narration and Voucher Name.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          

(Mixed Transaction)

• Ø (Transaction relating to Purchase sale etc.)

1.     Purchased goods for cash 10000
2.     Purchased goods from Nutan press Darbhanga 22500
3.     goods sold to Bharti Bhawan Ranchi on credit 17820
4.     goods Sold for cash 40000
5.     Paid Cash to Nutan Press Darbhanga by cheque 22000 as received discount.
6.     Received Cash from Bharti Bhawan, Ranchi 17500 as allowed discount.
7.     Paid carriage on Purchases 650
8.     Paid carriage on Sale 1000
9.     Purchased Goods from Zuber traders 6000 and Sold goods the same day to yogendra 12000
10.   Goods return from yogendra traders 6000 and immediately returned at cost price to Zuber traders.
Transaction (6)

Journalize the following transaction with narration and Voucher Name.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          

• Ø (Transaction relating to Purchase of Assets and Depreciation)

1.     Purchase Machinery 40000, plant 20000 and loose Tools 10000 from Kasba Iron Store, Katihar.
2.     Expenses incurred on carriage and installation of Machinery 800 and 7200.
3.     Expenses incurred on carriage and erection of Plant 400 and 3600.
4.     Machinery 700 Plant 600 and Loos tools 50 Spent on repairing
5.     Paid cash to Kasba Iron Store, Katihar by cheque in full settltement.
6.     Depreciation charged on Building 1000, Furniture 2000 and Office equipment 600.
7.     Depreciation charged on Machinery, plant and loose Tools 24% per annum.

Transaction (7)

Journalize the following transaction with narration

• Ø (Transaction relating to Interest on Capital and Drawing)

1.     Ashok Bansal Business Started with cash 90000 and charged interest on capital @ 12% per annum .
2.     Ashok Bansal withdrew cash for personal use 18000 and charged interest on drawing @ 10% per annum .