19. Journalise the following transactions of Singh Enterprises, Delhi: 

2024
June 01 Started business with cash 50,000
June 02 Deposited cheque from Savings Account in firm's account 2,00,000
June 03 Received cheque from Ram as loan 50,000
June 04 Purchased goods for cash 15,000
June 11 Sold goods to M/s Hari Sales, Delhi 12,000
June 13 Paid to Ramavtar by cheque advance for Machine 40,000
June 17 Received from M/s Hari Sales, Delhi 10,000
June 20 Bought furniture from S.R. Furnishers against cheque payment 22,400
June 27 Paid rent by cheque 28,000
June 27 Sold the personal Car and invested the amount in business 80,000
June 27 Goods costing ₹2,000 were destroyed by fire. These goods were not insured
June 30 Paid life insurance premium for employees 5,000
June 30 Paid salary 20,000

  T.S.Grewal/2024 Edition/Practical Problems/Q-19

For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.

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