Practical Problem 02

2. Journalise the following transactions in the books of Gajanan
2019
May-03Purchased goods for Rs 90,000 and amount paid by Bank directly
7Sold goods to Satish on credit Rs 30,000.
9Paid for Postage Rs 10,000
12Paid for Wages Rs 15,000.
15Received cheque of Rs 30,000 from Sati.
21Received Dividend Rs 5000.
25Purchased Laptop of Rs 40,000 and paid by cheque.
28Deposited cash Rs 10,000 into State Bank of India.
31Purchased goods for Rs 40,000 and paid by RTGS
In the books of Gajanan
                                                                                                     Journal Entries
DateParticularL.FDebit Credit
2019    
May-03Purchase A/c ………………………………………………………………………Dr 90,000 
      To Bank A/c  90,000
 (Being goods purchased and payment made through bank)   
7Satish A/c ………………………………………………………………………Dr 30,000 
       To Sales A/c  30,000
 (Being goods sold to satish on credit)   
9Postage A/c ………………………………………………………………………Dr 10,000 
       To Cash A/c  10,000
 (Being paid for postage)   
12Wages  A/c ………………………………………………………………………Dr 15,000 
       To Cash A/c  15,000
 (Being paid for Wages)   
15Bank A/c ….………………………………………………………………………Dr 30,000 
       To Sati A/c  30,000
 (Being Cheque received from sati)   
21Bank/Cash A/c ……………………………………………………………………Dr 5,000 
        To Dividend A/c  5,000
 (Being dividend received)   
25Laptop A/c ………………………………………………………………………..Dr 40,000 
        To Bank A/c  40,000
 (Being Laptop purchased and paid by cheque)   
28State Bank of India  A/c ..…………………………………….…………..Dr 10,000 
        To Cash A/c  10,000
 (Being Cash deposited in State Bank of india)   
31Purchase A/c ……………………………………………………………………….Dr 40,000 
       To Bank A/c  40,000
 (Being goods purchased and paid by RTGS)   
 Total 2,70,0002,70,000