Journal | Accountancy Class 11 - Commerce PDF Download

 Page 1


 
Q.1 Following transactions of Ramesh for April, 2019 are given below. Journalise them. 
  
2019   ? 
April 1  Ramesh started business with cash 1,00,000 
April 2  Paid into bank 20,000 
April 3  Bought goods for cash 50,000 
April 4  Drew cash from bank for office use 10,000 
April 
13 
 Sold goods to Krishna 15,000 
April 
20 
 Bought goods from Shyam 22,500 
April 
22 
 Krishna returned goods 2,000 
April 
24 
 Received from Krishna 12,500 
   Allowed him discount 500 
April 
28 
 Paid cash to Shyam 21,500 
   Discount received  1,000 
April 
30 
 Cash sales for the month 80,000 
April 
30 
 Paid rent 5,000 
April 
30 
 Paid salary 10,000 
      
 
 
 
 
The solution for this question is as follows: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2


 
Q.1 Following transactions of Ramesh for April, 2019 are given below. Journalise them. 
  
2019   ? 
April 1  Ramesh started business with cash 1,00,000 
April 2  Paid into bank 20,000 
April 3  Bought goods for cash 50,000 
April 4  Drew cash from bank for office use 10,000 
April 
13 
 Sold goods to Krishna 15,000 
April 
20 
 Bought goods from Shyam 22,500 
April 
22 
 Krishna returned goods 2,000 
April 
24 
 Received from Krishna 12,500 
   Allowed him discount 500 
April 
28 
 Paid cash to Shyam 21,500 
   Discount received  1,000 
April 
30 
 Cash sales for the month 80,000 
April 
30 
 Paid rent 5,000 
April 
30 
 Paid salary 10,000 
      
 
 
 
 
The solution for this question is as follows: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3


 
Q.1 Following transactions of Ramesh for April, 2019 are given below. Journalise them. 
  
2019   ? 
April 1  Ramesh started business with cash 1,00,000 
April 2  Paid into bank 20,000 
April 3  Bought goods for cash 50,000 
April 4  Drew cash from bank for office use 10,000 
April 
13 
 Sold goods to Krishna 15,000 
April 
20 
 Bought goods from Shyam 22,500 
April 
22 
 Krishna returned goods 2,000 
April 
24 
 Received from Krishna 12,500 
   Allowed him discount 500 
April 
28 
 Paid cash to Shyam 21,500 
   Discount received  1,000 
April 
30 
 Cash sales for the month 80,000 
April 
30 
 Paid rent 5,000 
April 
30 
 Paid salary 10,000 
      
 
 
 
 
The solution for this question is as follows: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Q.2 Journalise the following transactions of Mr. Rahul: 
 
2019   ? 
Jan. 
1 
 Rahul started business with cash  1,00,000 
Jan. 
2 
 Paid into bank  60,000 
Jan. 
3 
 Bought goods from M/s. Singh & Co. 20,000 
Jan. 
3 
 Paid cartage  300 
Jan. 
4 
 Purchased furniture 2,000 
Jan. 
4 
 Placed an order for HP Printers for ? 15,000, amount 
advanced  
5,000 
Jan. 
4 
 Purchased calculator 1,000 
Jan. 
4 
 Purchased computer through cheque 13,000 
Jan. 
6 
 Paid for postage 150 
Jan. 
8  
 Sold goods for cash 4,000 
Jan. 
9 
 Sold goods to M/s. Sharda & Co. 10,000 
Jan. 
9 
 Paid cartage 200 
Jan. 
15 
 Paid to M/s Singh & Co. on account  17,500 
Jan. 
25 
 Sold goods to M/s. Ray & Co. 5,600 
Jan. 
27 
 Received cheque from M/s. Sharda & Co. in full settlement of 
amount due from them 
9,750 
Jan. 
31  
 Paid for electricity charges  1,000 
Jan. 
31 
 Paid salary 1,500 
Jan. 
31 
 Paid rent of building by cheque, half of the building is used by 
the proprietor for residential use  
5,000 
Jan. 
31 
 Drew for private use 3,500 
 
 
 
The solution for this question is as follows: 
 
 
 
 
 
 
 
 
 
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Q.1 Following transactions of Ramesh for April, 2019 are given below. Journalise them. 
  
2019   ? 
April 1  Ramesh started business with cash 1,00,000 
April 2  Paid into bank 20,000 
April 3  Bought goods for cash 50,000 
April 4  Drew cash from bank for office use 10,000 
April 
13 
 Sold goods to Krishna 15,000 
April 
20 
 Bought goods from Shyam 22,500 
April 
22 
 Krishna returned goods 2,000 
April 
24 
 Received from Krishna 12,500 
   Allowed him discount 500 
April 
28 
 Paid cash to Shyam 21,500 
   Discount received  1,000 
April 
30 
 Cash sales for the month 80,000 
April 
30 
 Paid rent 5,000 
April 
30 
 Paid salary 10,000 
      
 
 
 
 
The solution for this question is as follows: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Q.2 Journalise the following transactions of Mr. Rahul: 
 
2019   ? 
Jan. 
1 
 Rahul started business with cash  1,00,000 
Jan. 
2 
 Paid into bank  60,000 
Jan. 
3 
 Bought goods from M/s. Singh & Co. 20,000 
Jan. 
3 
 Paid cartage  300 
Jan. 
4 
 Purchased furniture 2,000 
Jan. 
4 
 Placed an order for HP Printers for ? 15,000, amount 
advanced  
5,000 
Jan. 
4 
 Purchased calculator 1,000 
Jan. 
4 
 Purchased computer through cheque 13,000 
Jan. 
6 
 Paid for postage 150 
Jan. 
8  
 Sold goods for cash 4,000 
Jan. 
9 
 Sold goods to M/s. Sharda & Co. 10,000 
Jan. 
9 
 Paid cartage 200 
Jan. 
15 
 Paid to M/s Singh & Co. on account  17,500 
Jan. 
25 
 Sold goods to M/s. Ray & Co. 5,600 
Jan. 
27 
 Received cheque from M/s. Sharda & Co. in full settlement of 
amount due from them 
9,750 
Jan. 
31  
 Paid for electricity charges  1,000 
Jan. 
31 
 Paid salary 1,500 
Jan. 
31 
 Paid rent of building by cheque, half of the building is used by 
the proprietor for residential use  
5,000 
Jan. 
31 
 Drew for private use 3,500 
 
 
 
The solution for this question is as follows: 
 
 
 
 
 
 
 
 
 
 
 
 
Page 5


 
Q.1 Following transactions of Ramesh for April, 2019 are given below. Journalise them. 
  
2019   ? 
April 1  Ramesh started business with cash 1,00,000 
April 2  Paid into bank 20,000 
April 3  Bought goods for cash 50,000 
April 4  Drew cash from bank for office use 10,000 
April 
13 
 Sold goods to Krishna 15,000 
April 
20 
 Bought goods from Shyam 22,500 
April 
22 
 Krishna returned goods 2,000 
April 
24 
 Received from Krishna 12,500 
   Allowed him discount 500 
April 
28 
 Paid cash to Shyam 21,500 
   Discount received  1,000 
April 
30 
 Cash sales for the month 80,000 
April 
30 
 Paid rent 5,000 
April 
30 
 Paid salary 10,000 
      
 
 
 
 
The solution for this question is as follows: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Q.2 Journalise the following transactions of Mr. Rahul: 
 
2019   ? 
Jan. 
1 
 Rahul started business with cash  1,00,000 
Jan. 
2 
 Paid into bank  60,000 
Jan. 
3 
 Bought goods from M/s. Singh & Co. 20,000 
Jan. 
3 
 Paid cartage  300 
Jan. 
4 
 Purchased furniture 2,000 
Jan. 
4 
 Placed an order for HP Printers for ? 15,000, amount 
advanced  
5,000 
Jan. 
4 
 Purchased calculator 1,000 
Jan. 
4 
 Purchased computer through cheque 13,000 
Jan. 
6 
 Paid for postage 150 
Jan. 
8  
 Sold goods for cash 4,000 
Jan. 
9 
 Sold goods to M/s. Sharda & Co. 10,000 
Jan. 
9 
 Paid cartage 200 
Jan. 
15 
 Paid to M/s Singh & Co. on account  17,500 
Jan. 
25 
 Sold goods to M/s. Ray & Co. 5,600 
Jan. 
27 
 Received cheque from M/s. Sharda & Co. in full settlement of 
amount due from them 
9,750 
Jan. 
31  
 Paid for electricity charges  1,000 
Jan. 
31 
 Paid salary 1,500 
Jan. 
31 
 Paid rent of building by cheque, half of the building is used by 
the proprietor for residential use  
5,000 
Jan. 
31 
 Drew for private use 3,500 
 
 
 
The solution for this question is as follows: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
Q.3 Journalise the following transactions in the books of M/s. R.K. & Co.: 
(i) Purchased goods of list price of ? 20,000 from Vishal at 20% trade discount against cheque payment. 
(ii) Purchased goods of list price of ? 20,000 from Naman at 15% trade discount against cash. 
(iii) Purchased goods of list price of ? 30,000 from Amrit at 20% trade discount. 
(iv) Purchased goods of list price of ? 40,000 for ? 35,000 for cash. 
(v) Goods returned of list price ? 10,000 purchased from Amrit. 
(vi) Sold goods to Parul of list price of ? 40,000 at 10% trade discount against cheque payment. 
(vii) Sold goods to Aman of list price of ? 30,000 at 10% trade discount against cash. 
(viii) Sold goods to Pawan of list price of ? 20,000 at 10% trade discount. 
(ix) Sold goods to Yamini of list price of ? 25,000 for ? 23,000. 
(x) Sold goods costing ? 10,000 at cost plus 20% less 10% trade discount to Bhupesh. 
(xi) Sold goods purchased at list price of ? 50,000 less 15% trade discount sold at a profit of 25% less 10% 
trade discount against cheque. 
(xii) Aman returned goods of list price of ? 10,000 sold to him at 10% trade discount. 
 
 
 
The solution for this question is as follows: