Page 139 - Office Practice and Accounting -9

Jeshta 18 Issued cheque of Rs. 11,800 to settle the account of Barbote Furniture
Jeshta 20 Received cash Rs. 8500 after discount, from Parajuli Traders
Jeshta 25 Paid the following expenses:
Rent Rs. 7000
Interest Rs. 1000
Commission Rs. 500

Telephone Rs. 700
Jeshta 28 Goods worth of Rs. 3500 destroyed and insurance company admitted
the claim of Rs. 3200
Jeshta 29 Goods of Rs. 500 distributed for business promotion
Jeshta 30 Salary for the month paid in cash Rs. 4000 and through cheque Rs.
4500

19. You are given the following transactions:
072 Ashoj 1 Started business with Rs. 75000
072 Ashoj 2 Opened a bank account with Rs. 40,000
072 Ashoj 4 Stationery bought Rs. 2000
072 Ashoj 5 Machinery purchased for Rs. 7000

072 Ashoj 6 Goods of Rs. 8000 purchased from ABC Company
072 Ashoj 8 Cash purchased for Rs. 4000
072 Ashoj 9 Sold goods for 5000 and allowed discount 10%
072 Ashoj 15 Paid salary Rs. 12000
072 Ashoj 17 Fire insurance paid Rs. 3000
072 Ashoj 19 Personal expenses of proprietor paid Rs. 1500
072 Ashoj 25 Paid to ABC Company Rs. 8200 in full settlement
072 Ashoj 28 Rent Rs. 4000 paid
072 Ashoj 30 Cash sales Rs. 2500

Required: Journal entries

20. Journalize the following transaction in the books of Sanju and Brothers
for the month of January, 2015.

Jan. 1 Initiated business with Rs. 1,75,000, computer of Rs. 25000 and bank
balance of Rs. 1,00,000
Jan. 2 Goods of Rs. 50,000 purchased from Geeta Traders
Jan. 5 Purchased furniture from Bigyan furniture for Rs. 8000

Jan. 7 Cash sales Rs.11.000; credited sales to Sanat Enterprises for Rs. 9,000
Jan. 8 Rent paid Rs. 4000 including advance of Rs. 1500

Office Practice and Accounting 9 135