3. Journalise the following transactions in the Journal of Rakesh, Delhi and post them to the Ledger:
| 2024 | ₹ | |
|---|---|---|
| March 01 | Started business with cash | 2,00,000 |
| March 02 | Opened bank account with SBI | 80,000 |
| March 04 | Goods purchased from Raj | 22,000 |
| March 05 | Goods purchased for cash | 30,000 |
| March 08 | Goods sold to Naman | 12,000 |
| March 10 | Cash paid to Raj | 22,000 |
| March 15 | Cash received from Naman | 11,700 |
| Discount allowed | 300 | |
| March 16 | Paid wages | 200 |
| March 18 | Furniture purchased for office use | 5,000 |
| March 20 | Withdrawn from bank for personal use | 4,000 |
| March 23 | Goods taken for personal purpose. These goods were purchased from Raj | 2,000 |
| March 24 | Drawn cash from bank for office use | 6,000 |
| March 26 | Commission received | 1,000 |
| March 27 | Bank charges | 300 |
| March 28 | Cheque issued for life insurance premium of proprietor | 3,000 |
| March 29 | Paid salary | 10,000 |
| March 30 | Cash sales | 20,000 |
T.S.Grewal/2024 Edition/Practical Problems/Q-03
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.