Journalize the following:

1. Ram started the business with a capital of 10,000 rupees.

2. He purchased goods from Mohan on credit on rupees 2,000.
3. He paid cash to Mohan rupees 1,000.
4. He sold goods to Suresh rupees 2000.
5. He received cash from Suresh 3000.
6. He further purchased goods from Mohan rupees 2000.
7. He paid cash to Mohan 1000.
8. He further sold goods to Suresh rupees 2000.
9. He received cash from Suresh rupees 1000.
 JOURNAL
Date Particulars LF Debit (Rs.) Credit (Rs.)

1. Cash a/c Dr. 10000

To Ram’sCapital a/c 10000
(Cash introduced)

2. Purchase a/c Dr. 2000

To Mohan a/c 2000
(Purchase of goods on credit)
3. Mohan a/c Dr. 1000
To Cash a/c
(Paid cash to Mohan) 1000

4.
Suresh a/c Dr. 2000
To Sales a/c 2000
(Goods sold to suresh)
 JOURNAL
Date Particulars LF Debit (Rs.) Credit (Rs.)

5. Cash a/c Dr. 3000

To Mohan a/c 3000
(Cash received from suresh)

6. Purchase a/c Dr. 2000

To Mohan a/c 2000
(Purchase of goods from Mohan)
7. Mohan a/c Dr. 1000
To Cash a/c
(Paid cash to Mohan) 1000

8.
Suresh a/c Dr. 2000
To Sales a/c 2000
(Goods sold to suresh)
 JOURNAL
Date Particulars LF Debit (Rs.) Credit (Rs.)

9. Cash a/c Dr. 1000

To Suresh a/c 1000
(Cash received from Suresh)

TOTAL 24,000 24,000

 LEDGER

Dr. Cash Account Cr.

Date Particulars Rupees Date Particulars Rupees
To Capital a/c 10000 By Mohan 1000
To Suresh 3000 By Mohan 1000
To Suresh 1000 By balance c/d 12000
14000 14000
To balance b/d 12000
 LEDGER
Dr. Ram’sCapital Account
Cr. Date Particulars Rupees Date Particulars Rupees
To balance c/d 10000 By Cash a/c 10000
10000 10000
By Balance b/d 10000

Dr. Purchases Account Cr.

Date Particulars Rupees Date Particulars Rupees
To Mohan 2000 By balance c/d 4000
To Mohan 2000
4000 4000
To balance b/d 4000
 LEDGER
Dr. Mohan Account Cr.
Date Particulars Rupees Date Particulars Rupees
To Cash 1000 By Purchases a/c 2000
To Cash 1000 By purchases a/c 2000
To Balance c/d 2000
4000 4000
By balance b/d 2000

Dr. Suresh Account Cr.

Date Particulars Rupees Date Particulars Rupees
To Sales 2000 By Cash a/c 3000
To Sales 2000 By Cash a/c 1000
4000 4000
 LEDGER
Dr. Sales Account Cr.
Date Particulars Rupees Date Particulars Rupees
To balance c/d 4000 By Suresh 2000
By Suresh 2000
4000 4000
By Balance b/d 4000
 TRIAL BALANCE
Particulars Debit (Rs.) Credit (Rs.)

Cash a/c 12000

Capital a/c 10000

Purchases a/c 4000

Mohan a/c 2000

Sales a/c 4000

16000 16000
1. Ram started the business with a capital of 10,000 rupees.
Journal entry
• Cash a/c
• To Ram’ capital a/c
• With these four questions you can complete the posting
• Where do we go first? Cash a/c
• What do we do? Write To Ram’s capital a/c (on the debit/left side)
• Then where do we go? Ram’s capital a/c
• What do we do? Write By Cash a/c (on the credit/right side)
He purchased goods from Mohan on credit on rupees 2,000 .

• Journal entry:
• Purchases a/c
• To Mohan’s a/c
• With these four questions you can do the Posting
• Where do we do first? Go to Purchases a/c
• What do we do? Write To Mohan’s a/c (on the left/debit side)
• Then where do we go? Mohan’s a/c
• What do we do? Write By Purchases a/c (on the right/credit side)