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Find pass journal (1) RHAIM started …

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Find pass journal (1) RHAIM started business with cash 560000. (2) Furniture purchased 220000 by cash . (3) 70000 Rs .Given to meena as loan . (4) Good sold to rajan worth 65000 . (5) Rent paid 7500 , Salaries paid for 4 months 5000 per month . (6) 100000 Rs Deposited into bank . (7) car purchased worth 25000 by cheque. (8) Payment resived by rajan after allowing him 15 % cash discount . (9) Meena become insolvent and only 70 paisa rupee is being recovered . (10) 20000 withdraw from bank for personal use and 15000 for office use

Posted by Harmanpreet Singh 5 years, 3 months ago

CBSE > Class 11 > Accountancy

1 answers

Dakshil Sanchaniya 5 years, 3 months ago

Cash a/c. Dr. 560000 To capital a/c. 560000 Furniture a/c. Dr. 220000 To cash a/c. 220000 Meena a/c. Dr. 70000 To loan a/c. 70000 Rajan a/c. Dr. 65000 To sales a/c. 65000 Rent a/c Dr. 7500 Salaries a/c. Dr. 20000 To cash a/c. 7500 To cash a/c. 20000 Bank a/c. Dr. 100000 To. Cash.a/c. 10000 Car purchased a/c. Dr. 25000 To bank a/c. 25000 8,9 no Drawings a/c. Dr. 20000 Office a/c. Dr. 15000 To bank.a/c. 20000 To cash a/c. 15000

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