Journal Entries for Royal Enterprises Delhi

1. Cash invested in the business - Rs. 10,000
Cash A/c Dr. 10,000
To Capital A/c 10,000

2. Sold goods to Amit on credit - Rs. 6,000
Amit A/c Dr. 6,000
To Sales A/c 6,000

3. Sold goods to Amar on credit - Rs. 5,500
Amar A/c Dr. 5,500
To Sales A/c 5,500

4. Sold goods to Sohan on credit - Rs. 4,500
Sohan A/c Dr. 4,500
To Sales A/c 4,500

5. Sold goods to Mohan on credit - Rs. 5,000
Mohan A/c Dr. 5,000
To Sales A/c 5,000

6. Received payment from Amit
Cash A/c Dr. 6,000
To Amit A/c 6,000

7. Received payment from Amar
Cash A/c Dr. 5,500
To Amar A/c 5,500

8. Received payment from Sohan
Cash A/c Dr. 4,500
To Sohan A/c 4,500

Ledger Accounts

Cash A/c

Date Particulars Amount Date Particulars Amount
2019 To Capital A/c 10,000 2019 By Amit A/c 6,000
2019 By Sales A/c 21,000 2019 By Amar A/c 5,500
2019 By Amit A/c 6,000 2019 By Sohan A/c 4,500
2019 By Amar A/c 5,500 2019 To Balance c/d 15,000
2019 By Sohan A/c 4,500
Total 52,500
Total 52,500

Debtors A/c

Amit A/c

Date Particulars Amount Date Particulars Amount
2019 To Sales A/c 6,000 2019 By Cash A/c 6,000
Total 6,000
Total 6,000

Amar A/c

Date Particulars Amount Date Particulars Amount
2019 To Sales A/c 5,500 2019 By Cash A/c 5,500
Total 5,500
Total 5,500

Sohan A/c

Date Particulars Amount Date Particulars Amount
2019 To Sales A/c 4,500 2019 By Cash A/c 4,500
Total 4,500
Total 4,500

Mohan A/c

Date Particulars Amount Date Particulars Amount
2019 To Sales A/c 5,000 2019 By Balance c/d 5,000
Total 5,000
Total