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(Ans. Grand Total 5. Journalise the following transactions in the books of Ashok : 2020 Dec. 01 Dec. 02 Dec. 04 Dec. 06 Dec. 10 Dec. 13 Dec. 16 Dec. 20 Dec. 22 Dec. 23 Dec. 25 LA Started business with cash Opened a bank account with SBI Purchased goods from Ashu Bought goods from Tara for cash Sold goods to Suman Received cheque from Suman Discount allowed Cheque given to Ashu on account Rent paid by cheque Deposited into bank Machine purchased from Parigya J Total 2099.0001​

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Answer:

To journalize the given transactions in the books of Ashok, we need to record each transaction with the respective accounts involved. Here is the journal entry for each transaction:

1. Dec. 01: Ashok started the business with cash.

Cash A/c (Dr) - 2099.00

Capital A/c (Cr) - 2099.00

2. Dec. 02: Ashok opened a bank account with SBI.

Bank A/c (Dr) - 2099.00

Capital A/c (Cr) - 2099.00

3. Dec. 04: Ashok purchased goods from Ashu.

Purchases A/c (Dr) - 2099.00

Ashu A/c (Cr) - 2099.00

4. Dec. 06: Ashok bought goods from Tara for cash.

Purchases A/c (Dr) - 2099.00

Cash A/c (Cr) - 2099.00

5. Dec. 10: Ashok sold goods to Suman.

Suman A/c (Dr) - 2099.00

Sales A/c (Cr) - 2099.00

6. Dec. 13: Ashok received a cheque from Suman.

Bank A/c (Dr) - 2099.00

Suman A/c (Cr) - 2099.00

7. Dec. 16: Ashok allowed a discount.

Discount A/c (Dr) - 2099.00

Suman A/c (Cr) - 2099.00

8. Dec. 20: Ashok gave a cheque to Ashu on account.

Ashu A/c (Dr) - 2099.00

Bank A/c (Cr) - 2099.00

9. Dec. 22: Ashok paid rent by cheque.

Rent A/c (Dr) - 2099.00

Bank A/c (Cr) - 2099.00

10. Dec. 23: Ashok deposited cash into the bank.

Bank A/c (Dr) - 2099.00

Cash A/c (Cr) - 2099.00

11. Dec. 25: Ashok purchased a machine from Parigya.

Machine A/c (Dr) - 2099.00

Parigya A/c (Cr) - 2099.00

These journal entries record the given transactions in the books of Ashok. Please note that the amounts mentioned in the transactions are not provided, so I have used the amount 2099.00 for illustration purposes. The actual amounts should be recorded based on the information given

Step-by-step explanation:

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