Blog - Journal Entries Scenario 7

Journal Entries Scenario 7

Journal Entries Scenario 7

Tally Prime with GST

1.     Stationary  3,000.00

Dr

 

Cr

 

2.     Postage Stamps  400.00

Dr

 

Cr

 

3.     Ramesh Started Business With Cash 5,00,000.00

Dr

 

Cr

 

4.     Deposit With Bank20,000.00

Dr

 

Cr

 

5.     Received Bank Interest  1,000.00

Dr

 

Cr

 

6.     Purchase Furniture 5,500.00

Dr

 

Cr

 

7.     Purchase Goods 50,000.00

Dr

 

Cr

 

8.     Sales Goods25,000.00

Dr

 

Cr

 

9.     Trade Expenses 2,000.00

Dr

 

Cr

 

10.  Received Commission1,000.00

Dr

 

Cr

 

11.  Paid Cheque By Manish 25,000.00

Dr

 

Cr

 

12.  Drew From Bank For Personal Use15,000.00

Dr

Cr

 

13.  Ramgopal Start Business With 80,000.00

Dr

 

Cr

 

14.  Purchase Goods 50,000.00

Dr

 

Cr

 

15.  Sales Goods10,000.00

Dr

 

Cr

 

16.  Received From Manhar Lal 39,000.00

Dr

 

Cr

 

17.  Paid Cash To Hari Krishna  20,000.00

Dr

 

Cr

 

18.  Loss By Fire19,000.00

Dr

 

Cr

 

19.  Received From Ram On Credit10,000.00

Dr

 

Cr

 

20.  Sold Goods For Cash1,000.00

Dr

 

Cr

 

21.  Paid For Stationary 4,000.00

Dr

 

Cr

 

22.  Paid For Office Furniture 15,400.00

Dr

 

Cr

 

23.  Received From Kailash Chandra  50,500.00

Dr

 

Cr

 


415 1 year ago