Exercises · Q6
Q.Journalise the following transactions of Mrs. Deepa for May 2026:
(1) May 2 — Bought machinery from Bright Engineers on credit ₹3,50,000.
(2) May 10 — Withdrew cash from business for personal use ₹15,000.
(3) May 18 — Received commission ₹8,000 in cash.
(4) May 25 — Paid Bright Engineers ₹3,50,000 by cheque.
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Start your 14-day free trial to unlock the full solution →| Date | Particulars | L.F. | Debit (₹) | Credit (₹) |
|---|---|---|---|---|
| May 2 | Machinery A/c …Dr. | 3,50,000 | ||
| To Bright Engineers A/c | 3,50,000 | |||
| (Being machinery purchased on credit) | ||||
| May 10 | Drawings A/c …Dr. | 15,000 | ||
| To Cash A/c | 15,000 | |||
| (Being cash withdrawn for personal use) | ||||
| May 18 | Cash A/c …Dr. | 8,000 | ||
| To Commission Received A/c | 8,000 | |||
| (Being commission received in cash) | ||||
| May 25 | Bright Engineers A/c …Dr. | 3,50,000 | ||
| To Bank A/c | 3,50,000 | |||
| (Being payment made to Bright Engineers by cheque) |
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