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11. What do you mean by journal proper? Give any two examples of entries to be recorded in this
book.
It is the residuary book in which those transactions are recorded which cannot be recorded in
other subsidiary books such as cash book purchase book sales book purchase returns book sales
returns book bills receivable book and bills payable book
the various examples of transaction entered in journal proper is given below
And opening entry is passed in journal for bringing the balances of various assets
liabilities and capital appearing in balance sheet of previous accounting year, in current
accounting period books
The closing entries are passed in the journal for closing the nominal accounts by
transferring them to trading and profit and loss account
Transfer entries are passed in the journal for transferring the amount from one account
to another account
12. What types of transactions are recorded in the sales book and the purchases book?
Sales book: the entries related to credit sale of goods are recorded in sales book
Purchase book: the entries related to credit purchase of goods
It is a principal book which contains all the accounts to which the transactions are recorded in
the books of original entry are transferred. Is also called as books of final entry
19. Pass the journal entry for the purchase of goods worth Rs. 8,000 subject to 6% trade discount?
20. Mrs. Rajashree has cash Rs. 10,000, bank balance Rs. 8,000 and machinery Rs. 20,000 and bills
payable Rs. 9,000. Find out her capital.