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Ente the following transactions in the journal of ratnakar june 1 started business with cash 80000 june 3 cash deposited into bank 50000 june 7 bought goods from sunil 12000 june 11 sold goods to rajan 15000 june 15 bought furniture from ram by cheque 10000 june 19 withdrew cash from bank for office use 8000 june 25 returned goods to sunil 2000 june 27 paid cash to sunil 10000 june 29 cash recieved from rajan 12000 ?
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Ente the following transactions in the journal of ratnakar june 1 star...
Journal Entries of Ratnakar
June 1:
- Started business with cash 80000
June 3:
- Cash deposited into bank 50000
June 7:
- Bought goods from Sunil 12000
June 11:
- Sold goods to Rajan 15000
June 15:
- Bought furniture from Ram by cheque 10000
June 19:
- Withdrew cash from bank for office use 8000
June 25:
- Returned goods to Sunil 2000
June 27:
- Paid cash to Sunil 10000
June 29:
- Cash received from Rajan 12000
Explanation:
- The journal entries of Ratnakar for the month of June are recorded as follows:
- The first transaction is the initial investment of 80000 in cash, which is recorded as a debit to Cash account and a credit to Capital account.
- The second transaction is the deposit of 50000 cash into the bank, which is recorded as a debit to Bank account and a credit to Cash account.
- The third transaction is the purchase of goods from Sunil for 12000, which is recorded as a debit to Purchases account and a credit to Sunil's account.
- The fourth transaction is the sale of goods to Rajan for 15000, which is recorded as a debit to Rajan's account and a credit to Sales account.
- The fifth transaction is the purchase of furniture from Ram for 10000 by cheque, which is recorded as a debit to Furniture account and a credit to Bank account.
- The sixth transaction is the withdrawal of 8000 cash from the bank for office use, which is recorded as a debit to Cash account and a credit to Bank account.
- The seventh transaction is the return of goods to Sunil for 2000, which is recorded as a debit to Sunil's account and a credit to Purchases account.
- The eighth transaction is the payment of 10000 cash to Sunil, which is recorded as a debit to Sunil's account and a credit to Cash account.
- The ninth transaction is the receipt of 12000 cash from Rajan, which is recorded as a debit to Cash account and a credit to Rajan's account.
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Ente the following transactions in the journal of ratnakar june 1 started business with cash 80000 june 3 cash deposited into bank 50000 june 7 bought goods from sunil 12000 june 11 sold goods to rajan 15000 june 15 bought furniture from ram by cheque 10000 june 19 withdrew cash from bank for office use 8000 june 25 returned goods to sunil 2000 june 27 paid cash to sunil 10000 june 29 cash recieved from rajan 12000 ?
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Ente the following transactions in the journal of ratnakar june 1 started business with cash 80000 june 3 cash deposited into bank 50000 june 7 bought goods from sunil 12000 june 11 sold goods to rajan 15000 june 15 bought furniture from ram by cheque 10000 june 19 withdrew cash from bank for office use 8000 june 25 returned goods to sunil 2000 june 27 paid cash to sunil 10000 june 29 cash recieved from rajan 12000 ? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Ente the following transactions in the journal of ratnakar june 1 started business with cash 80000 june 3 cash deposited into bank 50000 june 7 bought goods from sunil 12000 june 11 sold goods to rajan 15000 june 15 bought furniture from ram by cheque 10000 june 19 withdrew cash from bank for office use 8000 june 25 returned goods to sunil 2000 june 27 paid cash to sunil 10000 june 29 cash recieved from rajan 12000 ? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ente the following transactions in the journal of ratnakar june 1 started business with cash 80000 june 3 cash deposited into bank 50000 june 7 bought goods from sunil 12000 june 11 sold goods to rajan 15000 june 15 bought furniture from ram by cheque 10000 june 19 withdrew cash from bank for office use 8000 june 25 returned goods to sunil 2000 june 27 paid cash to sunil 10000 june 29 cash recieved from rajan 12000 ?.
Ente the following transactions in the journal of ratnakar june 1 started business with cash 80000 june 3 cash deposited into bank 50000 june 7 bought goods from sunil 12000 june 11 sold goods to rajan 15000 june 15 bought furniture from ram by cheque 10000 june 19 withdrew cash from bank for office use 8000 june 25 returned goods to sunil 2000 june 27 paid cash to sunil 10000 june 29 cash recieved from rajan 12000 ? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Ente the following transactions in the journal of ratnakar june 1 started business with cash 80000 june 3 cash deposited into bank 50000 june 7 bought goods from sunil 12000 june 11 sold goods to rajan 15000 june 15 bought furniture from ram by cheque 10000 june 19 withdrew cash from bank for office use 8000 june 25 returned goods to sunil 2000 june 27 paid cash to sunil 10000 june 29 cash recieved from rajan 12000 ? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ente the following transactions in the journal of ratnakar june 1 started business with cash 80000 june 3 cash deposited into bank 50000 june 7 bought goods from sunil 12000 june 11 sold goods to rajan 15000 june 15 bought furniture from ram by cheque 10000 june 19 withdrew cash from bank for office use 8000 june 25 returned goods to sunil 2000 june 27 paid cash to sunil 10000 june 29 cash recieved from rajan 12000 ?.
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