Blog - Journal Entries Scenario 6

Journal Entries Scenario 6

Journal Entries Scenario 6

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1.     Purchase Goods For  45,000.00

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2.     Sold Goods For   35,000.00

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3.     Purchase Goods From Malhotra & Co. 40,000.00

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4.     Paid Telephone Rent For The Year By Cheque  4,000.00

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5.     Bought One Typewriter From Universal Typewriter Co. 10,000.00

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6.     Sold Goods To Rajesh Kumar For Cash  6,000.00

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7.     Amount Withdrawn From     Bank For  Personal Use  60,000.00

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8.     Received Cash From Keshav Ram  70,000.00Discount Allowed  1,000.00

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9.     Paid Into Bank 10,000.00

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10.  Bought 500 Share Of Saras Co. Ltd. At Rs. 25 Per Shares Brokerage Paid 200.00

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11.  Goods Worth Rs. 1,000.00 Found Defective Were Returned To Malhota & Co.

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12.  Sold 200 Shares Of Saras Co. Ltd. 50 Rs. Per Shares, Brokerage Paid  200.00

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13.  Bought Goods Worth Rs. 3,000.00 From Ramesh And Supplied Them

      To Suresh At Rs. 4,000.00

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14.  Suresh Returned Goods Worth 2,000.00

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15.  Issued A Cheque In Favor Of The Landlord For Rent For 20,000.00

   

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16.  Paid Salary   6,000.00

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17.  Received From Travelling Salesman 1,70,000.00

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18.  Paid   Goods Charity 10,000.00

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19. Paid Cash Charity 10,000

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162 1 year ago