Page 127 - Office Practice and Accounting -9

Asoj 18 Drawing A/c..............................................................Dr.
To purchase A/c 1,000
(Being goods withdrew from Business for personal use) 1,000
Asoj 20 Drawing A/c..............................................................Dr.
To Cash A/c 2,000
(Being cash withdraw from Business for personal use) 2,000
Asoj 22 Telephone charges A/c..........................................................Dr. 500
To Cash A/c 500
(Being Telephone charge paid)
Asoj 23 Dhruba A/c..............................................................Dr. 500
To Cash A/c 400
To discount A/c 100
(Paid to Dhruba in full settlement)
Asoj 25 Stationary A/c..............................................................Dr. 7200
Rent A/c..............................................................Dr. 500
Salaries A/c..............................................................Dr. 1,000 8,700
To cash A/c
(Being expenses paid)

6. Journalize the following transactions:
Jan–1 : Started business with cash Rs. 30,000 and bank balance of Rs. 70,000
Jan–5 : Goods of Rs. 14,000 purchased through cheque

Jan–7 : Furniture purchased for Rs. 7,000
Jan–9 : Cash drawn for office use Rs. 15,000
Jan–14 : Goods costing Rs. 5,000 purchased from Manju
Jan–20 : Electricity bill paid Rs. 500
Jan–25 : A cheque of Rs. 4,900 issued to Manju in full settlement
Jan–30 : Rent paid for the month Rs. 800 through cheque

Date Particular LF Debit (Rs.) Credit (Rs.)
Jan–1 Cash A/c.......................................................Dr. 30,000
Bank A/c.......................................................Dr. 70,000
To Capital A/c 10,00,000
(Being business started with cash and bank)
Jan–5 Purchase A/c.......................................................Dr. 14,000
To Bank A/c 14,000
(Being goods purchased through cheque)

Office Practice and Accounting 9 123