Question
Journalize the following transactions: Rs.
| May 1 | Purchased goods for cash | 10,000 |
| 2 | Purchase goods on credit from Ram Lal | 6,55,000 |
| 5 | Sold goods to Mahesh | 50,000 |
| 8 | Cash sales to Jayant | 10,000 |
| 9 | Returned goods to Ram Lal | 15,000 |
| 11 | Mahesh Returned goods | 5,000 |
| 12 | Purchased stationary | 2,000 |
| 17 | Rent Paid | 5,000 |
| 21 | Commission Received | 10,000 |
| 23 | Cash Received from Anil | 2,000 |
Answer :
Word Count : 274
| Date | Particular | ||
| may 1 | Purchase A/C — Dr | 10,000 | |
| To Cash | 10,000 | ||
| (Being cash purchase ) | |||
| May 2 | purchase A/C — Dr | 655000 | |
| To Ram lal | 655000 | ||
| (Being purchase on credit) | |||
| May 5 | Mahesh A/C — Dr | 50,000 | |
| To sales | 50,000 | ||
| (Being sale on credit) | |||
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