EDUVERZ
JOURNAL
Prepared By: Kamran Farooqi
Q1. Journalise the following transactions.
Date Transaction ₹
Jun-01 Purchased Machinery for Cash 1,00,000
Jun-03 Purchased goods for Cash 40,000
Jun-05 Sold goods for Cash 25,000
Jun-07 Purchased goods from Ballu on Credit 75,000
Jun-10 Sold Goods to Amar on Credit 60,000
Jun-14 Cash received from Amar 35,000
Jun-16 Cash paid to Ballu 20,000
Jun-19 Sold Furniture for Cash 10,000
Jun-21 Salary paid in Cash 12,000
Jun-24 Commission received in Cash 28,000
Jun-26 Rent paid in Cash 10,000
Jun-30 Interest received in Cash 14,000
Q2. Journalise the following transactions.
Date Transaction ₹
Jul-01 Purchased Building for Cash 5,00,000
Jul-02 Furniture purchased for Cash 40,000
Jul-03 Goods purchased for Cash 35,000
Jul-05 Goods sold for Cash 45,000
Jul-06 Some outdated machinery sold for Cash 22,000
Jul-09 Goods sold to Harish on Credit 43,000
Jul-12 Computer purchased from Mahesh on Credit 35,000
Jul-14 Goods purchased from Vikram on credit 18,000
Jul-17 Wages paid in Cash 7,000
Jul-18 Paid cash to Mahesh 20,000
Jul-21 Harish returned goods 4,000
Jul-22 Commission received in Cash 15,000
Jul-24 Received cash from Harish in full -
Jul-24 Sold goods to Gopal 30,000
Jul-26 Sold furniture to Madan Lal on Credit 12,000
Jul-27 Purchased goods from Ravi 38,000
Jul-28 Rent received in Cash 28,000
Jul-31 Paid balance amount due to Mahesh in full -
Jul-31 Salary paid in Cash 20,000
Q3. Journalise the following transactions.
Date Transaction ₹
Mar-01 Manohar Lal started business with cash 3,60,000
Mar-02 Purchased furniture for cash 30,000
Mar-04 Purchased goods for cash 25,000
Mar-05 Bought goods from Kamlesh 15,000
Mar-06 Sold goods for cash 36,000
Mar-08 Sold goods to Hari 30,000
Mar-10 Paid cash to Kamlesh 15,000
Mar-14 Received cash from Hari 18,000
Mar-15 Introduced additional Capital 75,000
Mar-16 Purchased goods from Sohan 6,000
Mar-18 Purchased goods from Sohan for cash 8,000
Mar-20 Paid rent for the office 1,000
Mar-23 Received Commission 7,500
Mar-24 Paid Salary to Gopal 1,800
Mar-26 Received cash from Hari 12,000
Mar-27 Withdrew cash from office for personal use 4,000
Mar-28 Wages paid 8,500
Mar-29 Manohar Lal withdrew cash for personal use 15,000
Mar-30 Bought Machinery for Cash 80,000
Mar-30 Bought Laptop from Chetan on Credit 45,000
Q4. Journalise the following transactions.
Date Transaction ₹
May-01 Commenced business with cash 5,00,000
May-02 Goods purchased from Mohan for cash 50,000
May-03 Goods purchased from Ajay 1,20,000
May-04 Goods returned to Ajay 5,000
May-06 Goods sold to Rajiv 1,00,000
May-07 Rajiv returned 10% of goods 10,000
May-14 Paid wages 20,000
May-15 Introduced further Capital 1,25,000
May-20 Advertisement expenses paid 30,000
May-21 Received Commission in Cash 65,000
May-22 Purchased Furniture 70,000
May-24 Trade expenses paid in cash 25,000
May-25 Vishal withdrew for personal use 20,000