Journalize the following transaction of Newtech Computers RAJAHMUNDRY selling Computer parts for the financial year 2017-18

Opening Balances as on 1-7-2017:

Capital: 10,00,000/-; Andhra Bank A/c: 20,000/-; AXIS Bank A/c-50,000/-;

Debtors:3,15,000/-

(Yes Computers-1,50,000;Byte Computers-1,65,000)

Creditors 1,80,000/-

(Zenith & Co-1,00,000/-; Sam&Co-30,000/-;Sri Computer World-50,000)

Mobile Van: 1,20,000/-; cash-in-hand:50,000/-

Stock :6,25,000/-

(Zenith CPU 20nos@15000each,

LG Monitors 30nos@8000 each;

Logitech Mouses 200@300each;

Frontech Keyboard 100@250 each)

Jul 1                Purchased 50 zenith CPU from Zenith&Co worth of Rs. 9,00,000/-

Jul 1                Returned 19 zenith Computer to Zenith &co

Jul 1                Sold 14 Zenith CPU to Byte Computers Institute for Rs. 2,80,000/-

Jul 1                Byte Computers returned 4 Zenith CPU

Aug 1              Purchased 80 Samsung Monitors from Sam&Co for Rs. 4,80,000/-

Aug 2              Returned back 20 Samsung Monitors

Aug 31             Sold 50 Samsung Monitors to Pavan & Co for Rs. 4,00,000/-

Sep 1               Purchased 100 Zenith Mouses from Sri Computer World for Rs. 15,000/-

Sep 2               Sold 90 Logitech mouses to Yes Computers for Rs. 27,000/-

Oct 2               Purchased 10 Zebronics Monitors from Sri Computer World @5,500/-each

Nov 1              Purchased 100 Acer Keyboards from Jain&Co, Mumbai  @280/- each

Nov 2              Sales 5 Zebronic Monitors@6500, 20 Zenith Mouses@300, 30 Acer keyboards@350 to JoyRam Spares, Kolkata, West Bengal

Dec 31             Sold 1 Zenith CPU Rs. 22,000/-, 1 LG Montor for Rs. 6,500/- , Frontech Keyboard Rs. 300, 1 Logitech Mouse Rs. 350/- to Ramesh, Visakhapatnam

cash received from Ramesh for above transaction.

Mar 2              Cash Sales 30 zenith CPU @ 20000/- each to Yes Computers through cheque drawn on SBI, cheque deposited in AXIS Bank

Mar 31            Cheque No. 450700 drawn on AXIS Bank for Rs. 5,00,000/- issued to Zenith&Co.  

Mar 31            Cheque No. 142536 drawn on AXIS bank is received from Byte Computers Rs. 2,75,000/-