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Journalise the following transactions:

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On 1.1.2017 X Ltd. received in advance the first call of Rs. 2 per share on 10,000 equity shares. The first call was due on 15-2-2017. Journalise the above transactions and transfer the advance to first call account by opening a Calls-in-Advance Account.

Rajan Ltd. purchased assets from Geeta & Co. for Rs. 5,00,000 . A sum of Rs. 1,00,000 was paid by means of a bank draft and for the balance due Rajan Ltd. Issued Equity Shares of Rs. 10 each at a premium of 25%. ltbr. Journalise the above transactions in the books of the company.

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TS GREWAL-JOURNAL-Practical problems
  1. Journalise the following transactions: (i) Shyam became insolvent. A...

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  2. Journalise the following entries: (i) Goods costing Rs. 500 given as...

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  3. Journalise the following transactions:

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  4. Journalise the following transactions of Singh Enterprises, Delhi:

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  5. Journalise the following transactions of Rakesh Agencies, Delhi (Propr...

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  6. Journalise the following transactions of Satish, Noida (UP):

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  7. With Goods and Services Tax (GST) Following are the transactions of...

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  8. Record the following transactions in the Journal of Ashoka Furniture T...

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  9. M/s Auto Aid, Delhi purchased 500 pieces of car horns @ Rs. 200 each l...

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  10. M/s Vaish Traders, Delhi purchased 500 Parker Pens @ Rs. 200 each less...

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  11. M/s Auto Help, Delhi purchased 500 pieces of motor cycle horns at Rs. ...

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  12. Name the accounts to be credited along with the amount for payment to ...

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  13. Pass Journal entry for sale of goods by Rahul, Delhi to Anish, Delhi ...

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  14. Pass Journal entry for purchase of goods by Amrit, Delhi from Ayur Pro...

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  15. Pass Journal entry for purchase of goods by Amrit, Delhi form Add Gel ...

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  16. Mittal Cycles purchased 100 cycles from from Hero Cycles, Ludhiana (Pa...

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  17. Oswal Woollen Mills, Amritsar (Punjab) sold shawls to Gupta Shawls, Ja...

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  18. Journalise the following transactions in the books of Ashok: (i) Rec...

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  19. Enter the following transactions in the Journal of Suresh, Delhi who t...

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  20. Journalise the following transactions:

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