Dec. 04 . A body of active citizens, elected the Estates General and renamed it the National Assembly. 1,500 purchased goods form xyz & sons rs. This site is using cookies under cookie policy . Journalise the following transactions: Mr. Peter started business with cash $100000 and a building valued at $500000. Started business with Rs. Transcribed image text: Journalise the following transactions: 2019 $ Jan. 1 Hardy started business with cash 3,00,000 Jan.3 Cash withdrawn by Hardy for personal use 40,000 Jan. 7 Additional capital introduced into business 50,000 Jan. 10 Hardy paid the tuition fees of his daughter from the business 12,000 Jan. 15 Furniture of the business withdrawn by proprietor for personal use 24,000 Jan . Journalise the following transactions, post to the ledger. Vas started his business with cash Rs 1,00,000. Question 5. 1. Open a bank account with SBI . >> Books of Original Entry and Journal Entries. 15,000; Cash 25,000; Furniture . a) journalise the following transactions b) prepare ledger accounts c) prepare trail balance started business with rs 200,000 bought goods for cash rs. R.K. & Co.: (i) Purchased goods at list price of Rs 20,000 from Vishal at 20% trade discount against cheque payment. Dec.06 . If interest on under average period. 2194 C. 7894 D. 8147, Wich condition is similar in both tropical grassland and tropical rain forest, Yogesh and Shreyas are partners sharing profits and losses equally. Q.5 Journalise the following transactions in the Journal of M/s. Paid salary to Rishabh 4,000 9. Journalise the following transactions , post them into Ledger and prepare a Trial Balance: 2018 Apr.1 Mohan . Give journal entries for the following transactions. Journalise the Following Transactions - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. Journalise the following transactions. Here is some important journal entries for class 11 accounting with journal entry for cash sales, cash purchase, credit sales and credit purchase as well as journal entry for paid rent, paid electricity, loan taken, interest on loan paid, cash discount allowed and discount received which are important for class 11 accounting or accountancy. 4,000 purchased furniture rs. 2,000 per use. Potassium is the chemical element with the symbol K and atomic number 19. 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 fr.. Journalise the following transactions: Rajan commenced business by introducing capital in cash Rs.11,000 and by cheque Rs.1,50,000. Question. 38,000 c) Payment made to Raman Rs. (iii) Sri Sankar Saha draws 10,000 from his Capital Account. 2,30,000. 80,000/- Building Rs. Started business with cash. Journalise the following transactions in the books of Himanshu of Delhi 2014. (iv) Purchases Return of 7,000 plus IGST @ 12%. December, 2014. As a result of the EUs General Data Protection Regulation (GDPR). Potassium is a silvery-white metal that is soft enough to be cut with a knif 1,000 sold goods to Question No 15 Chapter No 5. 1,00,000. Journalise the following transactions , post to the ledger. Purchased goods for Rs.1,00,000 and availed Trade Discount of Rs.10,000. Sold goods on credit to Ramesh $160000. 6. 1. Rs. 2,30,000. Ram started the business with cash Rs. 1. The journal entry to record the sale of services on credit should include: (a) Debit to debtors and Credit to capital. Question No 01 Chapter No 9. Journalise the following transactions in the books of Mr. Vas. 7,700 Apr.30 Paid rent 1,500 50, 000 by taking over the 5th: following assets and liabilities at values stated against them: Stock of Goods Rs. Journalise the following transaction, post them into Ledger, Balance the accounts and prepare a Trial Balance. Journalise the following transactions, post to the ledger: 2017 Nov.01 Business started with (i) Cash 1,50,000 (ii) Goods 50,000 Nov.03 Purchased goods from Harish 30,000 Nov.05 Sold goods for cash - Accountancy Advertisement Remove all ads Journal Entry Journalise the following transactions, post to the ledger: Advertisement Remove all ads 2. Enter the following transactions in a simple cash book for November 2014. . 10,000. Mar.1. Ask Us. Call: 01247158250 WhatsApp: 8400400400 Email: info@doubtnut.com Website: https://www.doubtnut.comWelcome to Doubtnut.Doubtnut is Worlds Biggest Platform for Video Solutions of Physics, Chemistry, Maths and Biology Doubts with over 5 million+ Video Solutions. 1,00,000. 12,000 returned goods to xyz & sons rs. Paid $178000 to 3,000 14.000. in the order of occurrence with the help of source documents. 6,000 purchased furniture 25,000 sold good to abc brothers rs. Sold goods . Journal is also known as 'book of original entry', because with the help of source document, transactions are originally recorded in books. Ramesh started business with cash Paid into bank Bought goods for cash Drew cash from bank for office use Sold goods to Krishna on credit . Give the Journal entries for the following: (i) Gross Profit of 32,000 from Trading Account to Profit and Loss Account. 5,000 d) Commission Received from Suresh Rs. Purchased car for Rs.3,00,000 by taking loan of Rs.2,50.000 from bank. Open a bank account with SBI . 0.1 Journalise the following transactions. Suresh, Kanpur commenced business on 1st January, 2018 introducing capital in cash 1,00,000. Journalise the following transactions in the books of Ashutosh, Kolkata: (i) He started business contributing Rs. 8,000. 2017 Nov.01 Business started with Cash 1,50,000 Nov.01 Business started with Goods 50,000 Nov.03 Purchased goods from Harish 30,000 Nov.05 Sold goods for cash 12,000 Nov.08 Purchase furniture for cash 5,000 Nov.10 Cash paid to Harish on account 15,000 Nov.13 Paid sundry expenses 200 (c) Debit to Ices income and Credit to debtors. 20,000. Journalise the following transactions : Dec. 1 Hema started business with cash Rs.1,00,000. Journalise the following transactions: 2005 Rs Dec 01 Hema started business with cash 1,00,000 Dec 02 Open a bank account with SBI 30,000 - Accountancy - Recording of Transactions - I . 10,000. 15,000. (ii) Net Profit of 14,500 to Capital Account of Sri Sankar Saha. Journalize the following transactions and post them to the ledger. 25. 2,000, Traders Discount 10% and cash discount 5%. 80,000. Edutry provide a Assignments where you can Submit Your Assignments. If interest on under average period. 20,000. Shri R. K. Gupta), Delhi and post them to the Ledger: 2019 March 1 Started business with cash 2,00,000 March 2 Opened bank account with SBI 80,000 March 4 Goods purchased from Raj, Jaipur (Rajasthan) 22,000 March 5 Goods purchased for cash 30,000 2010 (Rs) Nov 1 Business started with (i)Cash 1, 50, 000 (ii)Goods 50, 000 Nov 3 Purchased goods from Harish 30, 000 Nov 5 Sold goods for cash 12, 000 Nov 8 Purchased furniture for cash 5, 000 Nov 10 Cash paid to Harish on account 15, 000 Nov 13 Paid sundry expenses 200 Nov 15 Cash . 6759 B. >> Accountancy. 10, 000 in cash, Rs. Journalise the following transactions in the books of Himanshu: 2005, Dec.01 Business started with cash Rs.75,000. 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Chapter 3: Recording of Transactions - I - Numerical Questions [Page 93], NCERT Accountancy Financial Accounting 1 Class 11, Maharashtra Board Question Bank with Solutions (Official), Mumbai University Engineering Study Material, CBSE Previous Year Question Paper With Solution for Class 12 Arts, CBSE Previous Year Question Paper With Solution for Class 12 Commerce, CBSE Previous Year Question Paper With Solution for Class 12 Science, CBSE Previous Year Question Paper With Solution for Class 10, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Arts, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Commerce, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Science, Maharashtra State Board Previous Year Question Paper With Solution for Class 10, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Arts, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Commerce, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Science, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 10. Calculate the interest on drawings of Yogesh method. Journalise the following transactions : Dec. 1 Hema started business with cash Rs.1,00,000. 15. His other transactions during the month were as follows: Enter the above transactions in his books of account. , he year, 2020-21 drawings is charged at 6% p.a. The letters do not correspond to digits. answered Journalise the following transactions. Journalise the following transactions:- 2008 April. Dec. 2 Open a bank account with SBI Rs. 5,00,000 in cheque and. All internal custom duties and dues were abolished. Journalise the following transactions (Or) Record the following transactions in a Journal Working Notes in problem solving Wherever we need to build certain notes which would help in the process of deriving the ultimate solution, they should be appropriately included as a part of the solution by marking the workings distinctly as working notes. No tracking or performance measurement cookies were served with this page. Bought office furniture for cash Rs 7,500. Goods sold to Rohit. School University of Waterloo; Course Title AFM MISC; Uploaded By PrivateRam10967. 01. Journalise the following transactions in the books of Dr. Chandan:- (1) Biroo who owed Rs. 10. 2194 C. 7894 D. 8147, Wich condition is similar in both tropical grassland and tropical rain forest, Yogesh and Shreyas are partners sharing profits and losses equally. Dec.07 Purchased goods for cash Rs.10,000 This site is using cookies under cookie policy . 2,000 e) Goods purchased from Ramlal Rs. 2018. Jun Acquired the running business of Max, for cash Rs. 3. Dec. 4 Purchased goods from Ashu Rs. Purchased goods amounting to $200000 out of which goods of $180000 were purchased on credit from D. Lal. Mar.2. Potassium metal reacts rapidly with atmospheric oxygen to form flaky white potassium peroxide in only seconds of exposure.aaaa it was nice, Secured preference shares means that preference shares are _____ by a charge on the ______ of the company., 9. The business decided to charge depreciation @ 5% on Building and 10% on Furniture and Fixtures. 3. Potassium is a silvery-white metal that is soft enough to be cut with a knif 1994 September 1. Dec.06 . Rs. , Which of the following can be the code for the word WANT? Journalise the following transactions. Goods return to Hema Trade` 2,000 23. Purchased goods from Ashu . Received $156000 from Ramesh in full settlement of his account. Bought goods for cash . (vi) Sold goods costing 40,000 to Anil for cash at a profit of 25% on cost less 20% trade discount and paid cartage 100, which is not to be charged from customer. Books of Mr Mohit . (b) Purchased land and a small office building. Journalise the following transactions: Potassium is the chemical element with the symbol K and atomic number 19. Dec. 10 Bought goods from Tare for cash Rs. 11,000. 1,00,000. Journalize the following transactions in the books of Himanshu: 2017 Dec.01 Business started with cash 75,000 Dec.01 Business started with cash 75,000 Dec.07 Purchased goods for cash 10,000 Dec.09 Sold goods to Swati 5,000 Dec.12 Purchased furniture 3,000 Dec.18 Cash receieved from Swati In full setlement 4,000 Dec.25 Paid rent 1,000 Dec.30 Dec. 2 Open a bank account with SBI Rs. Post them into ledger and prepare a Trial balance. Dec. 02. 13. 30,000. Journalise the following transactions in the books of M/s. Shyam Sunder & Sons commenced business with cash. Calculate the interest on drawings of Yogesh method. Rs. , he year, 2020-21 drawings is charged at 6% p.a. 20,000. 40,000 Journalise the above transactions in the books of M/s Designer Wear, post them into the Ledger and prepare the Trial Balance. Hema started business with cash . 50,000, paid into Bank Rs. , e with little force. Pages 26 This preview shows page 9 - 11 out of 26 pages. You can specify conditions of storing and accessing cookies in your browser. Doubtnut is a Q\u0026A App for Maths, Physics, Chemistry and Biology (up to JEE Advanced and NEET Level), Where You Can Ask Unlimited Questions by Clicking a Picture of Doubt on the Doubtnut App and Get Instant Video Solution.Subscribe Our YouTube Channels: Doubtnut: https://www.youtube.com/channel/UCcv7pspGHmM7AOywuLM1ufA?sub_confirmation=1 Class 11-12, JEE \u0026 NEET (Hindi): https://www.youtube.com/channel/UCiIrZf4bn1i0IOf8YgSMzWA?sub_confirmation=1 Class 11-12, JEE \u0026 NEET (English):: https://www.youtube.com/channel/UCbJ_xe2bMLo9yuBC-i_13MQ?sub_confirmation=1 Class 6-10 (Hindi): https://www.youtube.com/channel/UCZnV1hkn5A3fdpTOVi60tzg?sub_confirmation=1 Class 6-10 (English): https://www.youtube.com/channel/UC9KeHSWOEBXIrbWYasHeSyg?sub_confirmation=1 Doubtnut Govt. (d) Debit to debtors and Credit to fees income. 7,00,000 f) Rent paid to Anil Rs. April 30. Journalise the following transactions: 2010 Rs Dec 01 Hema started business with cash 1,00,000 Dec 02 Open a bank account with SBI - Accountancy - Recording of Transactions - I NCERT Solutions Board Paper Solutions Ask & Answer School Talk Login GET APP LoginCreate Account Class-11-commerceAccountancy 50,000/- . >> Journalise the following transaction:Sol. Cash paid to Hema Traders 40,000 25. >> Recording of Transactions - I. 2,000 per use. The letters do not correspond to digits. Also, prepare its Trading Account, Profit and Loss Account and Balance Sheet as at 31st March, 2020. Started business with cash 92,000 2. Received cash from Rohit. 3. Transactions are recorded in journal in chronological order, i.e. Refresh the page or contact the site owner to request access. 8. Bought postage stamps 100 30. 2. Started business . Bobby opened a consulting firm and completed these transactions during November, 2017: (a) Invested 4,00,000 cash and office equipment with 1,50,000 in a business called Bobbie Consulting. 30,000. Sold goods . Journalise the following transactions: 2005 Rs Dec 01 Hema started business with cash 1,00,000 Dec 02 Open a bank account with SBI 30,000 - Accountancy - Recording of Transactions - I . (b) Debit to cash and Credit to debtors. 2010 (rs) 2010 (rs) dec 1 hema started business with cash 1,00, 000 dec 2 open a bank account with sbi 30,000 dec 4 purchased goods from ashu 20,000 dec 6 sold goods to rahul for cash 15,000 dec 10 bought goods from tata from 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 Dec. 6 Sold goods to Rahul for cash Rs. Purchased goods from Ashu . Journalise the following transactions: 2017 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 S - Accountancy Advertisement Remove all ads Journal Entry Journalise the following transactions: Advertisement Remove all ads Solution In a certain code language, NEST is written as 8426, WISE is written as 6912, and RAIN is written as 7859. 1,500 is declared Insolvent and 65 paise in a rupee is received as final dividend from his estate. Jan.20 Drew cash for personal use 5,000 Jan.22 Goods use for house hold 2,000 Jan.25 Cash paid to Sudhir 26,700 Discount allowed 300 3. 5,000 and machinery for Rs. 10,000. You cannot access byjus.com. Journalise the following transaction in the Books of the M/s BhanuTraders and Post them into the Ledger. Bought furniture for Rs. List Of Assignments for you topic Chapter 3 - Recording of Transactions - 1 in Lession Financial Accounting Part-1 in Subject Accountancy in 11th Commerce Class. Purchased goods for Rs. A centralised administrative system was created formulating uniform laws for all French citizens. . , e with little force. a) Business started with a capital of Rs 8,00,000 b) Furniture purchased in cash from Jai Rs. (2) Sold goods to Kitty list price Rs. Dec. 02. 2010 (R s) 2010 (R s) Dec 1 Hema started business with cash 1, (R s) 2010 (R s) Dec 1 Hema started business with cash 1, Sold goods for Rs. In a certain code language, NEST is written as 8426, WISE is written as 6912, and RAIN is written as 7859. Gupta Brothers (Prop. Bought from Kumar, goods on credit for Rs 30,000. goods to Ravi for Rs 5,000 against a cheque. Question. Journalise the following transactions: 2014 Dec. 01 Hema started business with cash Dec. 02 Open a bank account with SBI Dec. 04 Purchased goods from Ashu Dec. 06 Sold goods to Rahul for cash Dec. 10 Bought goods from Tara for cash Dec.13 Sold goods to Suman Dec. 16 Received cheque from Suman Discount allowed Dec. 20 Cheque given to Ashu on account Class 11. 6,000. 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 salary4,500 Class:11Subject: ACCOUNTSChapter: RECORDING OF TRANSACTIONS-IBook:NCERTBoard:CBSEYou can ask any doubt from class 6-12, JEE, NEET, Teaching, SSC, Defense and Banking exam on Doubtnut App or You can Whatsapp us at - 8400400400Link - https://doubtnut.app.link/2um0jr7JoebContact Us: Have Any Query? Answer 6: Page No 8.70: Question 7: Journalise the following transactions: Answer 7: Page No 8.70: Question 8: Journalise the following transactions of Singh Enterprises, Delhi: (b) Purchase of land and small office building are assets. Deposited into bank 60,000 4. Journalise the following transactions in the books of Afzal, Kolkata and post them to the Ledger: 2016 Jan.1 Started business with cash - 10,000 5 Paid into bank - 5,000 7 Purchased goods from Ram for cash - 1,000 Answer: Journal of Mr. X Ledger Account Cash Account Bank Account Question 2. Dec. 04 . 3,00,000. Purchased goods from Star and Co for cash Rs 20,000. You are required to journalise the above transactions and show the respective Ledger accounts. , Which of the following can be the code for the word WANT? Purchased goods from Ishtiaq & Co. Rs. Yogesh withdraw for personal month regularly on first day of every month, during t Journalise the following transaction:Sold goods for Cash Rs. 5Goods of the selling price of Rs 20,000 were sold at trade discount 6% and cash discount 2% payment received by cheque. He made the following transactions: . How to Journalize Transactions: Step-by-Step To perfectly journalize your transactions, there are three simple steps you have to follow. Journalese the following transaction in the book of Modi : Sold goods worth Rs 25,000 to Nitish at cash discount 4%, the cheque was received on the spot. The land was worth 1,50,000 and the building worth 3,50,000. 6759 B. i) Started business with cash Rs.1,00,000 ii) Purchased furniture for cash Rs.60000 iii) Purchased machinery on credit from Ram Rs.80000 iv) Sold goods for cash Rs.70000 v) Paid rent Rs.5000 vi) Paid salary to employee Rs.8000 vii) Paid cash to Ram Rs.78000 in full settlement of his claims. A nswer 1: Statement showing Journal of Mohit. (a) The transaction (a) increases assets by Rs 5,50,000 (cash Rs 4,00,000 and office equipment Rs 1,5,000) it will be debited and on the other hand it will increase the capital by Rs 5,50,000, so it will be credited in capital account. Answer: (d) Debit to debtors and Credit to fees income. 1,50,000/-Machinery Rs. We are not permitting internet traffic to Byjus website from countries within European Union at this time. Journalise the following transactions in the books of. He paid the amount on the same day and availed Cash Discount. Jan 2. A uniform system of weights and measures was adopted. Give journal entries for the following transactions and post them to the ledger. Figure Out the Accounts Affected The very first thing you have to do when journalizing is an analysis of the transaction to figure out what accounts change and by how much. You can specify conditions of storing and accessing cookies in your browser. Hema started business with cash . Requested URL: byjus.com/question-answer/journalise-the-following-transactions-begin-array-l-l-r-2010-rs-2010-rs-text-dec/, User-Agent: Mozilla/5.0 (Macintosh; Intel Mac OS X 10_15_7) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/103.0.0.0 Safari/537.36. Potassium metal reacts rapidly with atmospheric oxygen to form flaky white potassium peroxide in only seconds of exposure.aaaa it was nice, Secured preference shares means that preference shares are _____ by a charge on the ______ of the company., 9. Journalise the following transactions: (6) 2014 ` Dec. 01 Hema started business with cash 1,00,000 Dec. 02 Open a bank account with SBI 30,000 Yogesh withdraw for personal month regularly on first day of every month, during t Solution: Question 3.
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