Year 9 - Accounts - 6.5.14

Thai Sikh International School

E-Learning Programme – Online Assignment –  06-05-2014

Name:                                                                                     Subject:  Accounting

Year   :  9 A/B                                                                        Week No. :  07                                  

1. Journalise the following transactions of Mr. Ramesh

2011

Feb 1 Ramesh started business with cash                                                                   600000

2 Bought furniture for cash                                                                                        30000

3 Bought goods from Arun                                                                                        6000

5 Returned goods to Arun                                                                                          900

7 Sold goods to Vijay                                                                                                 9000

8 Deposited into bank                                                                                                 200000

9 Vijay returned goods worth                                                                                     2000

11 Paid telephone expenses                                                                                        600

15 Received discount                                                                                                 400

17 Withdrew cash for personal use                                                                             1000

19 Paid insurance premium                                                                                         2000

20 Withdrew cash form bank for office use                                                               2500

21 Paid rent                                                                                                                 1300

22 Paid salary  by cheque                                                                                            1500

23Received commission                                                                                             3000

25 Received cash from vijay in full settlement of his account                                   6800

26 Paid cash to Arun                                                                                                  4000

     Discount received                                                                                                  200

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