JOURNAL

IN THE BOOKS OF

Date Particulars L.F. Debit Amount Credit Amount

(Rs) (Rs)
2024
Mar. 01 Cash A/c 80,000
To Capital A/c 80,000

(Business started with cash)

Mar. 02 Purchases A/c 36,000

To Cash A/c 36,000

(Goods purchased for cash)

Mar. 03 Machinery A/c 4,000

To Cash A/c 4,000

(Machinery purchased for
cash)

Mar. 04 Purchases A/c 52,000

To Raghu’s A/c 22,000

To Dilip’s A/c 30,000

(Goods purchased on credit
from Raghu and Dilip)

Mar. 06 Raghu’s A/c 4,000

To Purchases Return A/c 4,000

(Goods returned to Raghu)

Mar. 08 Raghu’s A/c 18,000
To Cash A/c 17,500
To Discount Received A/c 500

(Cash paid to Raghu in full

settlement)

Mar. 10 Mahesh Chand & Co. 30,400

To Sales A/c 30,400

(Goods sold to Mahesh Chand
& Co. at trade discount)

Mar. 13 Cash A/c 19,800

Discount Allowed A/c 200

To Mahesh Chand & Co. 20,000

(Cash received from Mahesh

Chand & Co.)

Mar. 15 Dilip’s A/c 15,000

To Cash A/c 14,850
To Discount Received A/c 150

(Cash paid to Dilip)

Mar. 20 Cash A/c 25,000

To Sales A/c 25,000
(Goods sold for cash)
 Mar. 24 Cash A/c 18,000
To Sales A/c 18,000
(Goods sold for cash)

Mar. 25 Rent A/c 1,500

To Cash A/c 1,500
(Rent paid)

Mar. 26 Cash A/c 2,000

To Commission A/c
2,000

(Commission received)

Mar. 28 Drawings A/c 6,200

To Cash A/c 6,200
(Cash withdrawn and fan
purchased for personal use)

TOTAL 3,12,100 3,12,100

LEDGER

CASH ACCOUNT
Dr. Cr.

Date Particulars J.F Amount (Rs) Date Particulars J.F Amo

2017 2017
Mar.01 Mar.02 By Purchases
To Capital A/c 80,000 36,00
A/c
Mar.13 To Mahesh Mar.03 By Machinery
19,800 4,000
Chand & Co. A/c
Mar.20 To Sales A/c 25,000 Mar.08 By Raghu’s 17,50
 A/c
Mar.24 To Sales A/c 18,000 Mar.15 By Dilip’s A/c 14,85
Mar.26 To Mar.25
Commission 2,000 By Rent A/c 1,500
A/c
Mar.28 By Drawings
6,200
A/c
Mar.31 By Balance c/d 64,75
Total 1,44,800 1,44,8
Apr.01 Balance b/d 64,750

Capital Account
Dr. Cr.
Date Particulars J.F. Date Amo
Amount (Rs) Particulars J.F.
(Rs)
2017 2017
Mar.31 Balance c/d 80,000 Mar.01 Cash A/c 80,00
Total 80,000 80,00
2017
Apr.01 Balance b/d 80,00

Purchases
Account
Dr.
Date Particulars J.F. Date Amo
Amount (Rs) Particulars J.F.
(Rs)
2017 2017
Mar.02 Cash A/c 36,000 Mar.31 Balance c/d 88,00
Mar.04 Raghu’s A/c 22,000
Dilip’s A/c 30,000
88,000 88,00
2017
 Apr.01 Balance b/d 88,000

Machinery
Account
Dr.
Date Particulars J.F. Amount Date Amo
Particulars J.F.
(Rs) (Rs)
2017 2017
Mar.03 Cash A/c 4,000 Mar.31 Balance c/d 4,000
4,000 4,000
2017
Apr.01 Balance b/d 4,000

Raghu’s
Account
Dr.
Date Particulars J.F. Amount (Rs) Date Particulars J.F. Amo
2017 2017
Mar.06 Purchases Mar.04
4,000 Purchases A/c 22,00
Return A/c
Mar.08 Cash A/c 17,500
Discount
500
Received A/c
22,000 22,00

Dilip’s
Account
Dr.
Date Particulars J.F. Amount (Rs) Date Particulars J.F. Amo
2017 2017
Mar.15 Cash A/c 14,850 Mar.04 Purchases A/c 30,00
Mar.15 Discount
150
Received A/c
 Mar.31 Balance c/d 15,000
30,000 30,00
2017
Apr.01 Balance b/d 15,00

Purchases
Return
Account
Dr.
Date Particulars J.F. Amount Date
Particulars J.F. Amo
(Rs)
2017 2017
Mar.31 Balance c/d 4,000 Mar.06 Raghu’s A/c 4,000
4,000 4,000
2017
Apr.01 Balance b/d 4,000

Discount
Received
Account
Dr.
Date Particulars J.F. Amount (Rs) Date Particulars J.F. Amo
2017 2017
Mar.31 Balance c/d 650 Mar.08 Raghu’s A/c 500
Mar.15 Dilip’s A/c 150
650 650
2017
Apr.01 Balance b/d 650

Discount
Allowed
Account
Dr.
 Date Particulars J.F. Date Amo
Amount (Rs) Particulars J.F.
(Rs)
2017 2017
Mar.13 Mahesh Mar.31
200 Balance c/d 200
Chand & Co.
200 200
2017
Apr.01 Balance b/d 200

Mahesh
Chand &
Co.
Dr.
Date Particulars J.F. Amount (Rs) Date Particulars J.F. Amo
2017 2017
Mar.10 Sales A/c 30,400 Mar.13 Cash A/c 19,80
Mar.13 Discount
200
Allowed A/c
Mar.31 Balance c/d 10,40
30,400 30,40
2017
Apr.01 Balance b/d 10,400

Rent
Account
Dr.
Date Particulars J.F. Amount Date Amo
Particulars J.F.
(Rs) (Rs)
2017 2017
Mar.25 Cash A/c 1,500 Mar.31 Balance c/d 1,500
1,500 1,500
2017
Apr.01 Balance b/d 1,500
Commissio
n Account
Dr.
Date Particulars J.F. Amount Date Amo
Particulars J.F.
(Rs) (Rs)
2017 2017
Mar.31 Balance c/d 2,000 Mar.26 Cash A/c 2,000
2,000 2,000
2017
Apr.01 Balance b/d 2,000

Drawings
Account
Dr.
Date Particulars J.F. Amount Date Amo
Particulars J.F.
(Rs) (Rs)
2017 2017
Mar.28 Cash A/c 6,200 Mar.31 Balance c/d 6,200
6,200 6,200
2017
Apr.01 Balance b/d 6,200

Sales
Account
Dr.
Date Particulars J.F. Amount Date Amo
Particulars J.F.
(Rs) (Rs)
2017 2017
Mar.31 Balance c/d Mar.10 Mahesh Chand
73,400 30,40
& Co.
Mar.20 Cash A/c 25,00
Mar.24 Cash A/c 18,00
 73,400 73,40
2017
Apr.01 Balance b/d 73,40

L.F. Debit Balances Amount (Rs) Credit Balances Amount (R

64,750
80,000
88,000
4,000
15,000
4,000
650
200
10,400
1,500
2,000
6,200
73,400
1,75,050 1,75,050