Journalize the following transaction in the book of Mohan

1.

Mohan started business with cash 25000

2.

Deposited in to bank 5000

3.

Purchase goods for cash 10000

4.

Sold goods for cash 5000

5.

Paid postage 50

6.

Paid rent 1500

7.

Purchased goods on credit from Mahesh worth 2000

8.

Sold goods on credit to M/s Ramesh agency worth 3000

9.

Received commission 500

10. Salary paid 2500

Journalize the transaction in the book of Sumanth

1.

Sumanth commenced business with cash 50000

2.

Paid into bank 15000

3.

Bought goods for cash 1000

4.

Bought office furniture for cash 1500

5.

Sold goods for cash 6000

6.

Sold goods to DGS & Co, on credit 4000

7.

Bought goods from Baba Traders on credit 2500

8.

Paid rent to Landlord 1000

9.

Paid salary 2000

10. Sold furniture for cash 500

11. Received commission from Suresh 200
12. Bought goods 2500
13. Sold goods 500
14. Sold goods to Shankar 1300
15. Bought goods from Ramesh 1200
16. Bought goods from Kumar for cash 1500
17. Paid carriage 250
18. Sold goods to Rajesh for cash 1000
19. Paid postage 30
20. Withdrawn cash from office for personal use 700

Journalize the following transaction in the book of Harish

1.

Harish commenced business with cash 10000

2.

Deposited into bank 5000

3.

He borrowed a loan from Canar Bank 2000

4.

Brought office furniture 3000

5.

Sold goods for cash 2500

6.

Purchased goods from Vijay on credit 2000

7.

Sold goods to Ravi on credit 3000

8.

Returned goods to Vijay 200

9.

Paid cash to Vijay 1000

10. Received Cash from Ravi on account 2000

11. Received Commission 50
12. Received interest on Bank Account Deposit 100
13. Withdraw goods for domestic use 300
14. Paid in to bank 1000
15. Paid for advertisement 500
16. Purchased goods for cash 800
17. Sold goods for cash 1500
18. Paid salary 500

Journalize the following transaction in the book of Mohan

1.

Mohan started business with cash Rs. 10000 and goods Rs. 5000

2.

Bought goods from Somesh Rs. 600

3.

Bought goods for cash Rs. 500

4.

Sold goods to Kumar for cash Rs. 500 and deposited into Bank

5.

Paid cash to Murthy as loan Rs. 500

6.

Sold goods to Desai Rs. 700

7.

Sent a cheque to Somesh for Rs. 575 and received discount Rs. 25

8.

Damaged goods returned by Desai Rs. 100

9.

Purchased furniture for cash Rs. 200

10. Received from Desai Rs. 550 in full settlement of his account of Rs. 600
11. Received interest on loan from Murthy Rs. 100
12. Purchased goods worth Rs. 1000 and furniture worth Rs. 500
13. Paid fire insurance premium Rs.50
14. Received commission Rs. 100
15. Paid salary Rs. 500 and rent Rs. 300

Journalize the following transaction in the book of Madhav

1.

Invested capital for starting a business Rs. 15000 in cash and Rs. 3000 in form of goods and
Rs. 2000 worth of furniture

2.

Sold private car and invested the sale proceeds in the business Rs. 5000

3.

Cash purchase Rs. 3000

4.

Cash sales Rs. 5000

5.

Took goods from business for domestic use Rs. 200

6.

Paid wages to workers Rs. 500

7.

Borrowed a loan from Suresh Rs. 200 and deposited the same into Bank

8.

Received from Baskar cash Rs. 1750 in full settlement of his account of Rs. 1800

9.

Paid carriage on goods purchased Rs. 200

10. Purchased furniture for Rs. 3000 and paid half in cash and half in cheque
11. withdraw form Bank cash Rs. 1000 for office use and Rs. 500 for private use
12. Purchased goods for Rs. 4000 from Manohar giving him Rs. 1000 in cash and balance
through a loan
13. Received a cheque for Rs. 5000 from Mahesh and deposited the cheque in to bank for
collection
14. Purchased Typewriter for office use costing Rs. 2000
15. Sold Goods on credit to Nagaraj worth Rs. 4000
16. Paid salary Rs. 1000 Rent Rs. 500 and Sundry expenses Rs. 500

Journalize the following transaction in the book of Santhosh

1.

Commenced business with a loan from his wife Rs. 8000

2.

Bought furniture from Raman for cash Rs. 5000

3.

Purchased goods from Vasantha Rs. 5000

4.

Sold goods from Srinivasa Rs. 2800

5.

Returned a cheque from Srinivas for Rs. 500

6.

Received a cheque from Srinivas for Rs. 2800

7.

Paid Srinivas cheque into bank Rs. 2800

8.

withdraw cash for personal use Rs. 200

9.

Srinivas cheque paid in to bank for collection was returned dishonored Rs. 2800

10. Received cash from Ashok Rs. 950 in full settlement of his account of Rs. 1000
11. Ramesh bought goods from us Rs. 600
12. Paid in as further capital Rs. 13000
13. Received goods returned by Ramesh and paid him the value in cash Rs. 100
14. Purchased government securities Rs. 3000
15. Loan given to Vijay Rs. 2000
16. Repaid wifes loan Rs. 8000 with interest Rs. 400
17. Rent due to landlord Rs.250
18. Paid interest on capital Rs. 300
19. Sold goods to Ashok Rs. 1000

Journalize the following transaction in the book of Manohar

1.

Invested in the business the amount received from father-in-law as present Rs. 5000

2.

Received loan from Mrs. Malini Manohar Rs. 2000

3.

Paid Interest on loan Rs. 50

4.

Paid Advance rent to landlord Rs. 200

5.

Received rent from sub-tenant Rs. 30

6.

Bought goods from Dharmendra Rs. 15000

7.

Cash purchases Rs. 500

8.

Sold goods to Ashok Rs. 800

9.

Repaid Mrs. Malini Manohars loan with interest of Rs. 100

10. Sold goods to Kishore for cash Rs. 200

11. Paid for postal stamps Rs. 5
12. Commission due from Miss Seema Rs. 35
13. Paid cash for type writer Rs. 1500
14. Paid commission to Prakash Rs. 30
15. Cash withdrawn for personal use Rs. 50
16. Typewriter stolen Rs. 300
17. Purchased goods on credit from Raman Rs. 700
18. Ashok paid us on account Rs. 500
19. Cash sales Rs. 100

Journalize following transaction and post to the voucher ledger account

1.

Raos commenced business with cash 50000

2.

Bought goods for cash Rs. 12000

3.

Bought office furniture for cash Rs. 3000

4.

Paid for postage Rs. 50

5.

Purchased goods from Rajkumar Rs. 10000

6.

Sold goods for cash Rs. 1000

7.

Sold goods to Suresh Rs. 2000

8.

Received cash from Suresh Rs. 1500

9.

Returned goods to Rajkumar Rs. 500

10. Paid Rajkumar cash Rs. 7000

11. Sold goods to Nayak Rs. 12000
12. Nayak returned goods Rs. 1000
13. Sold goods for cash Rs. 5000
14. Paid salaries Rs. 500
15. Raos withdraw for personal use Rs. 2000
16. Paid for stationery Rs. 100
17. Paid rent Rs. 100
18. Received commission 100