JOURNAL ENTRIES & LEDGER

POSTING

PRESENTED
SHUBHAM NIMSADKAR
Business started with cash 20000, machinery 60000 and furniture 20000.

Particular Debit Credit

Cash A/c …………………………..Dr 20000
Machinery A/c …………………….Dr 60000
Furniture A/c ……………………...Dr 20000
To capital a/c………….Cr 100000
(Being Business started with cash, etc)
Goods purchased of Rs 2000 from Aman and cheque issue.

Particular Debit Credit

Purchase A/c ……………………………..Dr 2000
To Bank A/c…………...… Cr 2000
(Being goods purchased and issue cheque)
 Sales goods of Rs. 1000 in cash.

Particular Debit Credit

Cash A/c ………………………………….Dr 1000
To Sales A/c…………...… Cr 1000
(Being sales goods in cash.)
 Cash deposit in Bank Rs. 5000.

Particular Debit Credit

Bank A/c ………………………………….Dr 5000
To Cash A/c…………...… Cr 5000
(Being cash deposit in Bank.)
 Paid salary Rs. 600000.

Particular Debit Credit

Paid Salary A/c ………………………….Dr 600000
To Cash A/c…………...… Cr 600000
(Being paid salary .)