QUESTIONS BASED ON JOURNAL ENTRY- QUESTION -1

 

QUESTIONS BASED ON JOURNAL ENTRY- QUESTION -1

QUESTIONS BASED ON JOURNAL ENTRY

1.     Pass journal entry in the books of Saurabh:

2008

      Aug 1       Cash received from Ram                           3,000

      Aug 4       Cash paid to Shyam                                  2,000

      Aug 7       Cash paid to Dinesh                                  2,000

      Aug 10     Received from Ganesh                               5,000

      Aug 14     Received from Suresh                                3,000

      Aug 18     Paid to Mahesh                                          8,000

      Aug 20     Paid to Ramesh                                          5,000

      Aug 21     Cash paid to Dinesh                                   2,000

      Aug 22     Cash paid to Ram                                       3,000

      Aug 24     Cash paid to Ganesh                                   5,000

      Aug 31     Cash paid to Suresh                                    3,000

Solution:

Date	Particulars	L. F.	Amount (Dr)	Amount (Cr)
2008 Aug 1 Aug 4   Aug 7 Aug 10	Cash A/c                                                             Dr       To Ram (Being cash received from Ram)		3,000	3,000
	Shyam                                                                 Dr       To Cash A/c (Being cash paid to Shyam)		2,000	2,000
	Dinesh                                                                 Dr       To Cash A/c (Being cash paid to Dinesh)		2,000	2,000
	Cash A/c                                                              Dr                                                                          To Ganesh (Being cash received from Ganesh)		5,000	5,000

Aug 14 Aug 18   Aug 20 Aug 21 Aug 22  Aug 24 Aug 31	Cash A/c                                                          Dr        To Suresh (Being cash received from Suresh)		3,000	3,000
	Mahesh                                                            Dr         To Cash A/c (Being cash paid to Mahesh)		8,000	8,000
	Ramesh                                                             Dr         To Cash A/c (Being cash paid to Ramesh)		5,000	5,000
	Dinesh                                                              Dr         To Cash A/c (Being cash paid to Dinesh)		2,000	2,000
	Ram                                                                     Dr         To Cash A/c (Being cash paid to Ram)		3,000	3,000
	Ganesh                                                              Dr          To Cash A/c (Being cash paid to Ganesh)		5,000	5,000
	Suresh                                                                 Dr          To Cash A/c (Being cash paid to Suresh)		3,000	3,000
	Total		41,000	41,000