
Question No 11 Chapter No 5
11. Journalese the following transactions in the books of Bajaj:
| Mar. 1 | Commenced business with cash Rs 1,00,000 |
| Mar. 4 | Purchased goods for cash Rs 85,000 |
| Mar. 7 | Sold goods for cash Rs 12,000 |
| Mar. 12 | Sold goods on credit to Ambani Rs 16,000 |
| Mar. 20 | Sold goods Rs 9,000 |
| Mar.22 | Sold goods on credit Rs 14,400 |
| Mar. 24 | Cash sale Rs 7,700 |
In the Books of Sushma
| Date | Particulars |
L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| Mar.1 | Cash A/c | Dr. | 1,00,000 | ||
| To Capital A/c | 1,00,000 | ||||
| (Being goods purchases for cash .) | |||||
| Mar.4 | Purchases A/c | Dr. | 85,000 | ||
| To Cash A/c | 85,000 | ||||
| (Being goods purchases for cash .) | |||||
| Mar.7 | Cash A/c | Dr. | 12,000 | ||
| To Sale A/c | 12,000 | ||||
| (Being goods Sold for Cash.) | |||||
| Mar.12 | Ambani A/c | Dr. | 16,000 | ||
| To Sale A/c | 16,000 | ||||
| (Being goods Sold on credit) | |||||
| Mar.20 | Cash A/c | Dr. | 9,000 | ||
| To Sale A/c | 9,000 | ||||
| (Being goods Sold on Cash) | |||||
| Mar.22 | Debtors A/c | Dr. | 14,400 | ||
| To Sale A/c | 14,400 | ||||
| (Being goods Sold on credit) | |||||
| Mar.24 | Cash A/c | Dr. | 7,700 | ||
| To Sale A/c | 7,700 | ||||
| (Being goods Sold on Cash) | |||||
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Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Chapter No. 18 - Financial Statements - (With Adjustments)
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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