Journalise the following transaction in the Book of M/s Beauti traders. Also post them in the ledger.Started business with cash Rs.2,00,000 - Bzziii

Journalise the following transaction in the Book of M/s Beauti traders. Also post them in the ledger.

Dec. 2017		₹
1.	Started business with cash	2,00,000
2.	Bought office furniture	30,000
3.	Paid into bank to open an current account	1,00,000
5.	Purchased a computer and paid by cheque	2,50,000
6.	Bought goods on credit from Ritika	60,000
8.	Cash sales	30,000
9.	Sold goods to Karishna on credit	25,000
12.	Cash paid to Mansi on account	30,000
14.	Goods returned to Ritika	2,000
15	Stationery purchased for cash	3,000
16.	Paid wages	1,000
18.	Goods returned by Karishna	2,000
20.	Cheque given to Ritika	28,000
22.	Cash received from Karishna on account	15,000
24.	Insurance premium paid by cheque	4,000
26.	Cheque received from Karishna	8,000
28.	Rent paid by cheque	3,000
29.	Purchased goods on credit from Meena Traders	20,000
30.	Cash sales	14,000

In the Books of M/s Beauti traders

Journal

Date	Particulars		L.F.	Debit Amount (Rs.)	Credit Amount (Rs.)
Dec.01	Cash A/c	Dr.		2,00,000
	To Capital A/c				2,00,000
	(Started business with cash)
Dec.02	Office Furniture A/c	Dr.		30,000
	To Cash A/c				30,000
	(Office furniture purchased)
Dec.03	Bank A/c	Dr.		1,00,000
	To Cash A/c				1,00,000
	(Opened a current account)
Dec.05	Computer A/c	Dr.		2,50,000
	To Bank A/c				2,50,000
	(Computer purchased and payment made through cheque)
Dec.06	Purchases A/c	Dr.		60,000
	To Ritika				60,000
	(Goods purchased from Ritika on credit)
Dec.08	Cash A/c	Dr.		30,000
	To Sales A/c				30,000
	(Goods sold for cash)
Dec.09	Krishna	Dr.		25,000
	To Sales A/c				25,000
	(Goods sold to Krishna)
Dec.12	Mansi	Dr.		30,000
	To Cash A/c				30,000
	(Cash paid to Mansi on account)
Dec.14	Ritika	Dr.		2,000
	To Purchases Return A/c				2,000
	(Goods returned to Ritika)
Dec.15	Stationery A/c	Dr.		3,000
	To Cash A/c				3,000
	(Stationery purchased for cash)
Dec.16	Wages A/c	Dr.		1,000
	To Cash A/c				1,000
	(Wages paid)
Dec.18	Sales Return A/c	Dr.		2,000
	To Krishna				2,000
	(Goods returned by Krishna)
Dec.20	Ritika	Dr.		28,000
	To Bank A/c				28,000
	(Cheque issued to Ritika)
Dec.22	Cash A/c	Dr.		15,000
	To Krishna				15,000
	(Cash received from Krishna on account)
Dec.24	Insurance A/c	Dr.		4,000
	To Bank A/c				4,000
	(Insurance premium paid through cheque)
Dec.26	Bank A/c	Dr.		8,000
	To Krishna				8,000
	(Cheque received from Krishna)
Dec.28	Rent A/c	Dr.		3,000
	To Bank A/c				3,000
	(Rent paid through cheque)
Dec.29	Purchases A/c	Dr.		20,000
	To Meena Traders				20,000
	(Goods purchased on credit from Meena Traders)
Dec.30	Cash A/c	Dr.		14,000
	To Sales				14,000
	(Goods sold for cash)
	Total			8,25,000	8,25,000

Ledger
Cash Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.01	Capital		2,00,000	Dec.02	Office Furniture		30,000
Dec.08	Sales		30,000	Dec.03	Bank		1,00,000
Dec.22	Krishna		15,000	Dec.12	Mansi		30,000
Dec.30	Sales		14,000	Dec.15	Stationery		3,000
				Dec.16	Wages		1,000
				Dec.31	Balance c/d		95,000
			2,59,000				2,59,000

Ledger

Cash Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
				Dec.1	Cash		2,00,000
Dec.31	Balance c/d		2,00,000
			2,00,000				2,00,000

Office Furniture Account

Dr.							Cr.
Date	Particulars	J.F.	Amount  Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.2	Cash		30,000
				Dec.31	Balance c/d		30,000
			30,000				30,000

Bank Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.03	Cash		1,00,000	Dec.05	Computer		2,50,000
Dec.26	Krishna		8,000	Dec.20	Ritika		28,000
				Dec.24	Insurance		4,000
				Dec.28	Rent		3,000
Dec.31	Balance c/d (overdraft)		1,77,000
			2,85,000				2,85,000

Computer Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.05	Bank		2,50,000
				Dec.31	Balance c/d		2,50,000
			2,50,000				2,50,000

Purchases Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.06	Ritika		60,000
Dec.29	Meena Traders		20,000
				Dec.31	Balance c/d		80,000
			80,000				80,000

Ritika’s Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.14	Purchases Return		2,000	Dec.06	Purchases		60,000
Dec.20	Bank		28,000
Dec.31	Balance c/d		30,000
			60,000				60,000

Meena’s Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
				Dec.29	Purchases		20,000
Dec.31	Balance c/d		20,000
			20,000				20,000

Sales Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
				Dec.08	Cash		30,000
				Dec.09	Krishna		25,000
Dec.31	Balance c/d		69,000	Dec.30	Cash		14,000
			69,000				69,000

Krishna’s Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.09	Sales		25,000	Dec.18	Sales Return		2,000
				Dec.22	Cash		15,000
				Dec.26	Bank		8,000
			25,000				25,000

Mansi’s Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.12	Cash		30,000
				Dec.31	Balance c/d		30,000
			30,000				30,000

Purchases Return Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
				Dec.14	Ritika		2,000
Dec.31	Balance c/d		2,000
			2,000				2,000

Stationery Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.15	Cash		3,000
				Dec.31	Balance c/d		3,000
			3,000				3,000

Wages Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.16	Cash		1,000
				Dec.31	Balance c/d		1,000
			1,000				1,000

Sales Return Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.18	Krishna		2,000
				Dec.31	Balance c/d		2,000
			2,000				2,000

Insurance Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.24	Bank		4,000
				Dec.31	Balance c/d		4,000
			4,000				4,000

Rent Account

Dr.							Cr.
Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
2017				2017
Dec.28	Bank		3,000
				Dec.31	Balance c/d		3,000
			3,000				3,000

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NCERT Class 11 - Accountancy
Recording of Transactions