Journalize the following transactions in the books of Gaurav, enter them to tally and display the trial
Question:
Journalize the following transactions in the books of Gaurav, enter them to tally and display the trial balance for June 2019
2019
June 1
Particulars
Gaurav started business with Rs.10,00,000 of which 25% amount was
borrowed from wife
June 4 Purchased goods from Aniket worth Rs. 40,000 at 20% trade discount and 1/5th amount paid in cash
June 7 Cash purchases Rs. 25,000.
June Sold goods to Vishakha Rs. 30,000 at 30% trade discount and received 30% 10 amount in cash.
June Deposited cash into bank Rs. 20,000.
12
June 15
June 19
June 22
June 25
June 27
June 30
Uninsured goods destroyed by fire Rs. 5,500.
Received commission Rs. 3,500.
Paid to Aniket Rs. 25,500 in full settlement of A/c.
Cash stolen from cash box Rs. 1,000.
Received from Vishakha Rs. 14,500 and discount allowed Rs. 200.
Interest received Rs. 2,400 directly added in our bank account.