JOURNAL ENTRY ASSIGNMENT 4

1. PAID INTO BANK FOR OPENING A CURRENT ACCOUNT

RS.20000
2. WITHDRAWN CASH FOR PRIVATE EXPENSES RS.1000
3. WITHDRAWN FROM BANK RS. 3000
4. WITHDRAWN FROM BANK FOR PRIVATE USE RS.2000
5. PLACED IN FIXED DEPOSITE ACCOUNT AT BANK BY
TRANSFER FROM CURRENT ACCOUNT RS. 5000
6. GOODS PURCHASED AND AMMOUNT PAID BY CHEQUE
RS.2500

5500 + Batches Imparting knowledge since 1997 85000+Students

 DATE PARTICULAR L.F DR CR

1 BANK A/C …DR 20000

TO CASH A/C 20000
BEING THE CASH DEPOSITED INTO THE BANK)

2 DRAWING A/C …DR 1000

TO CASH A/C 1000
(BEING THE CASH WITHDRAWN FOR PERSONAL USE)

3 CASH A/C …DR 3000

TO BANK A/C 3000
( BEING THE CASH WITHDRAWN FOR OFFICE USE)

4 DRAWINGS A/C …DR 2000

TO BANK A/C 2000
( BEING THE CASH WITHDRAWN FOR OFFICE USE)

5 FIXED DEPOSIT A/C …DR 5000

TO BANK A/C 5000
( BEING THE TRANSFER FROM CURRENT ACCOUNT TO
FIXED DEPOSIT A/C)

6 PURCHASES A/C …DR 2500

TO BANK A/C 2500
( BEING THE GOODS PURCHASED AND PAYMENT MADE
THROUGH CHEQUE)

5500 + Batches Imparting knowledge since 1997 85000+Students