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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Journalise the following transactions in the Journal of Rakesh, Delhi and post them to the Ledger:
| 2025 | Transaction | ₹ |
|---|---|---|
| Mar. 1 | Started business with cash | 2,00,000 |
| Mar. 2 | Opened bank account with SBI | 80,000 |
| Mar. 4 | Goods purchased from Raj, Jaipur on credit | 22,000 |
| Mar. 5 | Goods purchased for cash | 30,000 |
| Mar. 8 | Goods sold to Naman, Delhi on credit | 12,000 |
| Mar. 10 | Cash paid to Raj | 22,000 |
| Mar. 15 | Cash received from Naman; discount allowed ₹300 | 11,700 |
| Mar. 16 | Paid wages | 200 |
| Mar. 18 | Furniture purchased for office use | 5,000 |
| Mar. 20 | Withdrawn from bank for personal use | 4,000 |
| Mar. 23 | Goods taken for household purpose (purchased from Raj) | 2,000 |
| Mar. 24 | Drew cash from bank for office use | 6,000 |
| Mar. 26 | Commission received | 1,000 |
| Mar. 27 | Bank charges | 300 |
| Mar. 28 | Cheque issued for life insurance premium of proprietor | 3,000 |
| Mar. 29 | Paid salary | 10,000 |
| Mar. 30 | Cash sales | 20,000 |
| Date | Particulars | L.F. | Dr. (₹) | Cr. (₹) |
|---|---|---|---|---|
| Mar.01 | Cash A/c Dr. | 2,00,000 | ||
| To Capital A/c | 2,00,000 | |||
| (Business started with cash) | ||||
| Mar.02 | Bank A/c Dr. | 80,000 | ||
| To Cash A/c | 80,000 | |||
| (Bank account opened with SBI) | ||||
| Mar.04 | Purchases A/c Dr. | 22,000 | ||
| To Raj A/c | 22,000 | |||
| (Goods purchased from Raj on credit) | ||||
| Mar.05 | Purchases A/c Dr. | 30,000 | ||
| To Cash A/c | 30,000 | |||
| (Goods purchased for cash) | ||||
| Mar.08 | Naman A/c Dr. | 12,000 | ||
| To Sales A/c | 12,000 | |||
| (Goods sold to Naman on credit) | ||||
| Mar.10 | Raj A/c Dr. | 22,000 | ||
| To Cash A/c | 22,000 | |||
| (Cash paid to Raj) | ||||
| Mar.15 | Cash A/c Dr. | 11,700 | ||
| Discount Allowed A/c Dr. | 300 | |||
| To Naman A/c | 12,000 | |||
| (Cash received from Naman; discount allowed) | ||||
| Mar.16 | Wages A/c Dr. | 200 | ||
| To Cash A/c | 200 | |||
| (Wages paid) | ||||
| Mar.18 | Furniture A/c Dr. | 5,000 | ||
| To Cash A/c | 5,000 | |||
| (Furniture purchased for office) | ||||
| Mar.20 | Drawings A/c Dr. | 4,000 | ||
| To Bank A/c | 4,000 | |||
| (Withdrawn from bank for personal use) | ||||
| Mar.23 | Drawings A/c Dr. | 2,000 | ||
| To Purchases A/c | 2,000 | |||
| (Goods taken for personal use) | ||||
| Mar.24 | Cash A/c Dr. | 6,000 | ||
| To Bank A/c | 6,000 | |||
| (Cash withdrawn from bank for office) | ||||
| Mar.26 | Cash A/c Dr. | 1,000 | ||
| To Commission A/c | 1,000 | |||
| (Commission received) | ||||
| Mar.27 | Bank Charges A/c Dr. | 300 | ||
| To Bank A/c | 300 | |||
| (Bank charges debited) | ||||
| Mar.28 | Drawings A/c Dr. | 3,000 | ||
| To Bank A/c | 3,000 | |||
| (Insurance premium paid via bank) | ||||
| Mar.29 | Salary A/c Dr. | 10,000 | ||
| To Cash A/c | 10,000 | |||
| (Salary paid) | ||||
| Mar.30 | Cash A/c Dr. | 20,000 | ||
| To Sales A/c | 20,000 | |||
| (Goods sold for cash) |
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.01 | Capital A/c | 2,00,000 | Mar.02 | Bank A/c | 80,000 | ||
| Mar.15 | Naman A/c | 11,700 | Mar.05 | Purchases A/c | 30,000 | ||
| Mar.24 | Bank A/c | 6,000 | Mar.10 | Raj A/c | 22,000 | ||
| Mar.26 | Commission A/c | 1,000 | Mar.16 | Wages A/c | 200 | ||
| Mar.30 | Sales A/c | 20,000 | Mar.18 | Furniture A/c | 5,000 | ||
| Mar.29 | Salary A/c | 10,000 | |||||
| Mar.31 | Balance c/d | 91,500 | |||||
| Total | 2,38,700 | Total | 2,38,700 | ||||
| Apr.01 | Balance b/d | 91,500 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.02 | Cash A/c | 80,000 | Mar.20 | Drawings A/c | 4,000 | ||
| Mar.24 | Cash A/c | 6,000 | |||||
| Mar.27 | Bank Charges A/c | 300 | |||||
| Mar.28 | Drawings A/c | 3,000 | |||||
| Mar.31 | Balance c/d | 66,700 | |||||
| Total | 80,000 | Total | 80,000 | ||||
| Apr.01 | Balance b/d | 66,700 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.31 | Balance c/d | 2,00,000 | Mar.01 | Cash A/c | 2,00,000 | ||
| Total | 2,00,000 | Total | 2,00,000 | ||||
| Apr.01 | Balance b/d | 2,00,000 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.04 | Raj A/c | 22,000 | Mar.23 | Drawings A/c | 2,000 | ||
| Mar.05 | Cash A/c | 30,000 | Mar.31 | Balance c/d | 50,000 | ||
| Total | 52,000 | Total | 52,000 | ||||
| Apr.01 | Balance b/d | 50,000 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.10 | Cash A/c | 22,000 | Mar.04 | Purchases A/c | 22,000 | ||
| Total | 22,000 | Total | 22,000 | ||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.31 | Balance c/d | 32,000 | Mar.08 | Naman A/c | 12,000 | ||
| Mar.30 | Cash A/c | 20,000 | |||||
| Total | 32,000 | Total | 32,000 | ||||
| Apr.01 | Balance b/d | 32,000 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.08 | Sales A/c | 12,000 | Mar.15 | Cash A/c | 11,700 | ||
| Mar.15 | Discount Allowed A/c | 300 | |||||
| Total | 12,000 | Total | 12,000 | ||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.15 | Naman A/c | 300 | Mar.31 | Balance c/d | 300 | ||
| Total | 300 | Total | 300 | ||||
| Apr.01 | Balance b/d | 300 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.16 | Cash A/c | 200 | Mar.31 | Balance c/d | 200 | ||
| Total | 200 | Total | 200 | ||||
| Apr.01 | Balance b/d | 200 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.18 | Cash A/c | 5,000 | Mar.31 | Balance c/d | 5,000 | ||
| Total | 5,000 | Total | 5,000 | ||||
| Apr.01 | Balance b/d | 5,000 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.20 | Bank A/c | 4,000 | Mar.31 | Balance c/d | 9,000 | ||
| Mar.23 | Purchases A/c | 2,000 | |||||
| Mar.28 | Bank A/c | 3,000 | |||||
| Total | 9,000 | Total | 9,000 | ||||
| Apr.01 | Balance b/d | 9,000 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.31 | Balance c/d | 1,000 | Mar.26 | Cash A/c | 1,000 | ||
| Total | 1,000 | Total | 1,000 | ||||
| Apr.01 | Balance b/d | 1,000 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.27 | Bank A/c | 300 | Mar.31 | Balance c/d | 300 | ||
| Total | 300 | Total | 300 | ||||
| Apr.01 | Balance b/d | 300 | |||||
| Dr. | Cr. | ||||||
|---|---|---|---|---|---|---|---|
| Date | Particulars | J.F. | Amt.(₹) | Date | Particulars | J.F. | Amt.(₹) |
| Mar.29 | Cash A/c | 10,000 | Mar.31 | Balance c/d | 10,000 | ||
| Total | 10,000 | Total | 10,000 | ||||
| Apr.01 | Balance b/d | 10,000 | |||||
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