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Journalise the following transactions of Ramesh for April, 2025:
| 2025 | Transaction | Rs. |
|---|---|---|
| April 1 | Ramesh started business with cash | 1,00,000 |
| April 2 | Paid into bank | 20,000 |
| April 3 | Bought goods for cash | 50,000 |
| April 4 | Drew cash from bank for office use | 10,000 |
| April 13 | Sold goods to Krishna | 15,000 |
| April 20 | Bought goods from Shyam | 22,500 |
| April 22 | Krishna returned goods | 2,000 |
| April 24 | Received from Krishna; allowed him discount | 12,500 + 500 |
| April 28 | Paid cash to Shyam; discount received | 22,000 + 500 |
| April 30 | Sold for cash to Mohan, Rakesh and Maynak | 80,000 |
| April 30 | Paid rent | 5,000 |
| April 30 | Paid salary | 10,000 |
| Date | Particulars | L.F. | Dr. (₹) | Cr. (₹) |
|---|---|---|---|---|
| Apr 01 | Cash A/c Dr. To Capital A/c (Being Ramesh started business with cash) | 1,00,000 | 1,00,000 | |
| Apr 02 | Bank A/c Dr. To Cash A/c (Being cash paid into bank) | 20,000 | 20,000 | |
| Apr 03 | Purchases A/c Dr. To Cash A/c (Being goods purchased for cash) | 50,000 | 50,000 | |
| Apr 04 | Cash A/c Dr. To Bank A/c (Being cash drawn from bank for office use) | 10,000 | 10,000 | |
| Apr 13 | Krishna's A/c Dr. To Sales A/c (Being goods sold to Krishna on credit) | 15,000 | 15,000 | |
| Apr 20 | Purchases A/c Dr. To Shyam's A/c (Being goods purchased from Shyam on credit) | 22,500 | 22,500 | |
| Apr 22 | Sales Return A/c Dr. To Krishna's A/c (Being goods returned by Krishna) | 2,000 | 2,000 | |
| Apr 24 | Cash A/c Dr. Discount Allowed A/c Dr. To Krishna's A/c (Being cash received from Krishna; discount allowed ₹500) | 12,500 500 | 13,000 | |
| Apr 28 | Shyam's A/c Dr. To Cash A/c To Discount Received A/c (Being paid to Shyam in settlement; discount received ₹500) | 22,500 | 22,000 500 | |
| Apr 30 | Cash A/c Dr. To Sales A/c (Being goods sold for cash) | 80,000 | 80,000 | |
| Apr 30 | Rent A/c Dr. Salary A/c Dr. To Cash A/c (Being rent ₹5,000 and salary ₹10,000 paid) | 5,000 10,000 | 15,000 |
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.
This guide covers "Q.No.18 | Chapter 8 – Journal | T.S. Grewal Solution 2025-26", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Textbook Solution.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
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