Question No 01 Chapter No 5 - D.K Goal Class 11

Question No 01 Chapter No 5

Q.1 Enter the following transaction in the Journal of Manohar Lal & Sons

2019		Rs
Mar-01	Manohar Lal & Sons started business with cash	60,000
Mar-02	Purchased furniture for cash	10,000
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 Har	18,000
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-26	Received Commission	750
Mar-27	Paid Salary to Gopal	1,200
Mar-28	Received cash from Hari	12,000
Mar-29	Withdrew cash from office for personal use	4,000
Mar-30	Wages paid	7,200
Mar-30	Bought Machinery for Cash	8,000

The solution of Question No 01 Chapter No 5: –

In the Books of S.S. Ray
Date	Particulars		L.F.	Debit	Credit
2019
Mar.1	Cash A/c	Dr.		60,000
	To Capital A/c				60,000
	(Being started with cash .)

Mar.2	Furniture A/c	Dr.		10,000
	To Cash A/c				10,000
	(Being Furniture purchased for cash)

Mar.4	Purchases A/c	Dr.		25,000
	To Cash A/c				25,000
	(Being Goods purchased for cash)

Mar.5	Purchases A/c	Dr.		15,000
	To Kamlesh’s A/c				15,000
	(Being Goods purchased from Kamlesh.)

Mar.6	Cash A/c	Dr.		36,000
	To Sales A/c				36,000
	(Being Sold goods for cash.)

Mar.8	Hari A/c	Dr.		30,000
	To Sales A/c				30,000
	(Being Sold goods to Hari)

Mar.10	Kamlesh’s A/c	Dr.		15,000
	To Cash A/c				15,000
	(Being Cash paid to Kamlesh.)

Mar.14	Cash A/c	Dr.		18,000
	To Hari A/c				18,000
	(Being Received cash from Hari.)

Mar.16	Purchases A/c	Dr.		6,000
	To Sohan’s A/c				6,000
	(Being Goods purchased from Sohan for cash)

Mar.18	Purchases A/c	Dr.		8,000
	To Cash A/c				8,000
	(Being Goods purchased from Sohan for cash)

Mar.20	Rent A/c	Dr.		1,000
	To Cash A/c				1,000
	(Being Paid office rent.)

Mar.26	Cash A/c	Dr.		750
	To Commission A/c				750
	(Being Received commission.)

Mar.27	Salary A/c	Dr.		1,200
	To Cash A/c				1,200
	(Being Paid salary to Gopal.)

Mar.28	Cash A/c	Dr.		12,000
	To Hari A/c				12,000
	(Being Received cash from Hari)

Mar.29	Drawings A/c	Dr.		4,000
	To Cash A/c				4,000
	(Being Drew cash for personal use.)

Mar.30	Wages A/c	Dr.		7,200
	To Hari A/c				7,200
	(Being Paid wages.)

Mar.30	Machinery A/c	Dr.		8,000
	To Cash A/c				8,000
	(Being Purchased machinery.)