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Journalise the following transaction in the Book of M/s Beauti traders. Also post them in the ledger. Dec. 2017
1. Started business with cash 2,00,000
2. Bought office furniture 30,000
3. Paid into bank to open an current account 1,00,000
5. Purchased a computer and paid by cheque 2,50,000
6. Bought goods on credit from Ritika 60,000
8. Cash sales 30,000
9. Sold goods to Karishna on credit 25,000
12. Cash paid to Mansi on account 30,000
14. Goods returned to Ritika 2,000
15. Stationery purchased for cash 3,000
16. Paid wages 1,000
18. Goods returned by Karishna 2,000
20. Cheque given to Ritika 28,000
22. Cash received from Karishna on account 15,000
24. Insurance premium paid by cheque 4,000
26. Cheque received from Karishna 8,000
28. Rent paid by cheque 3,000
29. Purchased goods on credit from Meena Traders 20,000 30. Cash sales 14,000

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Journalise the following transaction in the Books of the M/s Bhanu Traders and Post them into the Ledger. 1. Started business with cash 92,000 2. Deposited into bank 60,000 4. Bought goods on credit from Himani 40,000 6. Purchased goods from cash 20,000 8. Returned goods to Himani 4,000 10. Sold goods for cash 20,000 14. Cheque given to Himani 36,000 17. Goods sold to M/s Goyal Traders. 3,50,000 19. Drew cash from bank for personal use 2,000 21. Goyal traders returned goods 3,500 22. Cash deposited into bank 20,000 26. Cheque received from Goyal Traders 31,500 28. Goods given as charity 2,000 29. Rent paid 3,000 30. Salary paid 7,000 31. Office machine purchased for cash 3,000

From the following transactions, state the nature of accounts and state which account will be debited and which account will be credited : 1. Sahdev started business with cash Rs. 5,00,000. 2. Purchased goods for cash Rs. 20,000. 3. Purchased goods from Raghubir on credit for Rs.25,000. 4. Purchased furniture from Fancy Furniture House for Rs.1,50,000 on credit. 5. Sold goods for cash R. 30,000. 6. Sold goods to Yuvraj on credit for Rs. 50,000. 7. Cash paid to Raghubir Rs. 20,000. 8. Cash received from Yuvraj Rs. 15,000. 9. Paid rent Rs. 10,000.

From the following tansaction, state the nature of accounts and state the accounts which will be debited and credited: 1. Ganesh started business with Cash Rs.2,00,000. 2. Purchased goods for Cash Rs. 60,000. 3. Sold goods for cash Rs.75,000. 4. Purchased goods from Nakul on Credit for Rs. 80,000. 5. Sold goods to Bhushan on Credit fro Rs. 50,000. 6. Paid Cash to Nakul Rs. 20,000. 7. Received Cash from Bhushan Rs. 10,000. 8. Paid salary Rs. 20,000.

Journalise the following transaction in the books of Sanjana and post them into the ledger : . Cash in hand 6,000 Cash at bank 55,000 Stock of goods 40,000 Due to Rohan 6,000 Due from Tarun 10,000 3. Sold goods to Karuna 15,000 4. Cash sales 10,000 6. Goods sold to Heena 5,000 8. Purchased goods from Rupali 30,000 10. Goods returned from Karuna 2,000 14. Cash received from Karuna 13,000 15. Cheque given to Rohan 6,000 16. Cash received from Heena 3,000 20. Cheque received from Tarun 10.000 22. Cheque received from to Heena 2,000 25. Cash given to Rupali 18,000 26. Paid cartage 1,000 27. Paid salary 8,000 28. Cash sale 7,000 29. Cheque given to Rupali 12,000

Give journal entries of M/s Mohit traders, Post them to the Ledger from the following transactions 1. Commenced business with cash 1,10,000 2. Opened bank account with H.D.F.C. 50,000 3. Purchased furniture 20,000 7. Bought goods for cash from M/s Rupa Traders 30,000 8. Purchased good from M/s Hema Traders 42,000 10. Sold goods for cash 30,000 14. Sold goods on credit to M/s. Gupta Traders 12,000 16. Rent paid 4,000 18. Paid trade expenses 1,000 20. Received cash from Gupta Traders 12,000 22. Goods return to Hema Traders 2,000 23. Cash paid to Hema Traders 40,000 25. Bought postage stamps 100 30. Paid salary to Rishabh 4,000

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Journalise the following transactions: Dec. 01 Hema started business with cash 1,00,000 Dec. 02 Open a bank account with SBI 30,000 Dec. 04 Purchased goods from Ashu 20,000 Dec.06 Sold goods to Rahul for cash 15,000 Dec.10 Bought goods from Tara for cash 40,000 Dec.13 Sold goods to Suman 20,000 Dec.16 Received cheque from Suman 19,500 Discount allowed 500 Dec.20 Cheque given to Ashu on account 10,000 Dec.22 Rent paid by cheque 2,000 Dec.23 Deposited into bank 16,000 Dec.25 Machine purchased from Parigya 10,000 Dec.26 Trade expenses 2,000 Dec.28 Cheque issued to Parigya 10,000 Dec.29 Paid telephone expenses by cheque 1,200 Dec.31 Paid salary 4,500

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