Question

Journalise the following transactions in the books of Anand General Merchants.

2019 April
1	Mr. Anand started the business with cash of ₹ 60,000.
5	Purchased goods for cash ₹ 30,000.
7	Sold goods of ₹ 10,000 to Suresh.
10	Purchased Furniture from Mr. Govind on credit ₹ 30,000.
15	Paid for Rent ₹ 3000 and paid by debit card.
21	Purchased goods from Urmila on credit ₹ 70,000.
27	Paid for Transport ₹ 1,000 to United Transport.
30	Paid to Urmila ₹ 20,000 on behalf of Sharmila.

Answer 1

In the Journal of Anand General Merchants
Date	Particulars	L.F.	Debit Amount (₹)	Credit Amount (₹)
2019 April
1	Cash A/c  ...Dr.		60,000
	To Capital A/c			60,000
	(Being Cash Introduced into the business as capital)
5	Purchase A/c  ...Dr.		30,000
	To Cash A/c			30,000
	(Being the goods purchased on cash)
7	Suresh's A/c  ...Dr.		10,000
	To Sales A/c			10,000
	(Being the goods sold on credit to suresh)
10	Furniture A/c  ...Dr.		30,000
	To Mr. Govind's A/c			30,000
	(Being the Furniture Purchased on credit from Govind)
15	Rent A/c  ...Dr.		3,000
	To Bank A/c			3,000
	(Being rent is paid by debit card)
21	Purchase A/c  ...Dr.		70,000
	To Urmila's A/c			70,000
	(Being the goods purchased on credit)
27	Transport charges A/c  ...Dr.		1,000
	To Cash A/c			1,000
	(Being transport charges paid by cash)
30	Sharmila's A/c  ...Dr.		20,000
	To Cash A/c			20,000
	(Being Cash paid to Urmila on behalf of Sharmila)
		Total	2,24,000	2,24,000