Journal Entries of M/s Mohit traders, Post them to the Ledger from the following Transactions Commenced Business with cash Rs. 1,10,000 - Bzziii

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Give journal entries of M/s Mohit traders, Post them to the Ledger from the following transactions: 

August
2017		 ₹
1.Commenced business with cash1,10,000
2.Opened bank account with H.D.F.C.50,000
3.Purchased furniture20,000
7.Bought goods for cash from M/s Rupa Traders30,000
8.Purchased good from M/s Hema Traders42,000
10.Sold goods for cash30,000
14.Sold goods on credit to M/s. 2020 Gupta Traders12,000
16.Rent paid4,000
18.Paid trade expenses1,000
20.Received cash from Gupta Traders12,000
22.Goods return to Hema Traders2,000
23.Cash paid to Hema Traders40,000
25.Bought postage stamps100
30.Paid salary to Rishabh4,000




In the Books of M/s Mohit traders
Journal

DateParticularsL.F.Debit Amount RsCredit Amount Rs
2017    
Aug.01Cash A/c Dr.   1,10,000
    To Capital A/c 1,10,000
 (Commenced business with cash)  
Aug.02Bank A/c Dr.  50,000
    To Cash A/c  50,000
 (Bank account opened with H.D.F.C)   
Aug.03Furniture A/c Dr.   20,000
    To Cash A/c 20,000
 (Furniture purchased)  
Aug.07Purchases A/c Dr.   30,000
    To Cash A/c 30,000
 (Goods purchased for cash)  
Aug.08Purchases A/c Dr.   42,000
    To M/s. Hema Traders 42,000
 (Goods purchased from M/s. Hema Traders)  
Aug.10Cash A/c Dr.   30,000
    To Sales A/c 30,000
 (Goods sold for cash)  
Aug.14M/s. Gupta Traders Dr.  12,000
    To Sales A/c  12,000
 (Goods sold to M/s. Gupta traders)  
Aug.16Rent A/c Dr.   4,000
    To Cash A/c 4,000
 (Rent paid in cash)  
Aug.18Trade Expenses A/c Dr.  1,000
    To Cash A/c  1,000
 (Trade expenses paid in cash)  
Aug.20Cash A/c Dr.   12,000
    To M/s. Gupta Traders 12,000
 (Cash received from M/s. Gupta Traders)  
Aug.22M/s. Hema Traders Dr.  2,000
    To Purchases Return A/c  2,000
 (Goods returned to Hema traders)  
Aug.23M/s. Hema Traders Dr.   40,000
    To Cash A/c 40,000
 (Cash paid to Hema traders)  
Aug.25Postage Stamps A/c Dr.   100
    To Cash A/c 100
 (Postage stamps purchased)  
Aug.30Salaries A/c Dr. 4,000
    To Cash A/c  4,000
 (Salaries paid in cash)  
 Total 3,57,1003,57,100
Cash Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017   
Aug.01Capital 1,10,000Aug.02Bank 50,000
Aug.10Sales M/s. Gupta 30,000Aug.03Furniture 20,000
Aug.20Traders 12,000Aug.07Purchases 30,000
    Aug.16Rent Trade 4,000
    Aug.18Expenses M/s. Hema 1,000
    Aug.23Traders Postage 40,000
    Aug.25Stamps 100
    Aug.30Salaries 4,000
    Aug.31Balance c/d 2,900
   1,52,000   1,52,000

Capital Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017    
    Aug.01Cash 1,10,000
Aug.31Balance c/d 1,10,000    
   1,10,000   1,10,000

Bank Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount
Rs
2017    2017    
Aug.02Cash 50,000    
    Aug.31Balance c/d 50,000
   50,000   50,000

Furniture Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017    2017    
Aug.02Cash 50,000    
    Aug.31Balance c/d 50,000
   50,000   50,000

Purchases Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017   
Aug.07Cash 30,000    
Aug.08M/s. Hema Traders 42,000Aug.31Balance c/d 72,000
   72,000   72,000

M/s. Hema Traders Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017   
Aug.22Purchases Return 2,000Aug.08Purchases 42,000
Aug.23Cash 40,000    
   42,000   42,000
Sales Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017    
    Aug.10Cash  30,000
    Aug.14M/s. Gupta Traders 12,000
Aug.31Balance c/d 42,000    
   42,000   42,000

M/s. Gupta Traders Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017    2017   
Aug.14Sales 12,000    
    Aug.20Cash 12,000
   12,000   12,000

Rent Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017    2017    
Aug.16Cash 4,000    
    Aug.31Balance c/d 4,000
   4,000   4,000

Trade Expenses Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amoun Rs
2017    2017    
Aug.18Cash 1,000    
    Aug.31Balance c/d 1,000
   1,000   1,000

Purchases Return Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017   
    Aug.22M/s. Hema Traders 2,000
Aug.31Balance c/d 2,000    
   2,000   2,000

Postage Stamps Account

Dr.Cr.
DateParticularsJ.F.Amount
Rs		DateParticularsJ.F.Amount
Rs
2017    2017    
Aug.25Cash 100    
    Aug.31Balance c/d 100
   100   100

Salaries Account

Dr.Cr.
DateParticularsJ.F.Amount
Rs		DateParticularsJ.F.Amount
Rs
2017    2017    
Aug.30Cash 4,000    
    Aug.31Balance c/d 4,000
   4,000   4,000

Cash Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017   
Aug.01Capital 1,10,000Aug.02Bank 50,000
Aug.10Sales M/s. Gupta 30,000Aug.03Furniture 20,000
Aug.20Traders 12,000Aug.07Purchases 30,000
    Aug.16Rent Trade 4,000
    Aug.18Expenses M/s. Hema 1,000
    Aug.23Traders Postage 40,000
    Aug.25Stamps 100
    Aug.30Salaries 4,000
    Aug.31Balance c/d 2,900
   1,52,000   1,52,000

Capital Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017    
    Aug.01Cash 1,10,000
Aug.31Balance c/d 1,10,000    
   1,10,000   1,10,000

Bank Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount
Rs
2017    2017    
Aug.02Cash 50,000    
    Aug.31Balance c/d 50,000
   50,000   50,000

Furniture Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017    2017    
Aug.02Cash 50,000    
    Aug.31Balance c/d 50,000
   50,000   50,000

Purchases Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017   
Aug.07Cash 30,000     
Aug.08M/s. Hema Traders 42,000Aug.31Balance c/d 72,000
   72,000   72,000

M/s. Hema Traders Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017    
Aug.22Purchases Return 2,000Aug.08Purchases 42,000
Aug.23Cash 40,000    
   42,000   42,000

Sales Account

Dr.Cr.
DateParticularsJ.F.Amount RsDate ParticularsJ.F.Amount Rs
2017   2017    
    Aug.10Cash  30,000
    Aug.14M/s. Gupta Traders 12,000
Aug.31Balance c/d 42,000    
   42,000    42,000

M/s. Gupta Traders Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017    2017   
Aug.14Sales 12,000    
    Aug.20Cash  12,000
   12,000   12,000

Rent Account

Dr.Cr.
Date ParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017    2017    
Aug.16Cash 4,000    
    Aug.31Balance c/d 4,000
   4,000   4,000

Trade Expenses Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amoun Rs
2017    2017    
Aug.18Cash 1,000    
    Aug.31Balance c/d 1,000
   1,000   1,000

Purchases Return Account

Dr.Cr.
DateParticularsJ.F.Amount RsDateParticularsJ.F.Amount Rs
2017   2017   
    Aug.22M/s. Hema Traders 2,000
Aug.31Balance c/d 2,000     
   2,000   2,000

Postage Stamps Account

Dr.Cr.
DateParticularsJ.F.Amount
Rs		DateParticularsJ.F.Amount
Rs
2017    2017    
Aug.25Cash 100     
    Aug.31Balance c/d 100
   100   100

Salaries Account

Dr.Cr.
DateParticularsJ.F.Amount
Rs		DateParticularsJ.F.Amount
Rs
2017    2017     
Aug.30Cash 4,000    
    Aug.31Balance c/d 4,000
   4,000   4,000

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