Question

1. Mr. Das started business with cash Rs.1000000
2. Deposited RS.200000 in SBI
3. Purchase furniture from furniture world Rs. 50000
4. Bought computer from one zero computers Rs. 45000 for cash
5. Salary paid by Cheque Rs. 7000
6. Rent paid by Cheque Rs. 5000
7. Bought motor car from Maruthi India Ltd Rs. 300000
8. Sold Chair, Table, Cupboard to Jeevan for Rs. 33000
9. Bought machinery from Sam Hardwares Rs. 50000
10.Commission received Rs.3000 11.Travelling expense Rs.800
12.Discount allowed Rs. 2100
13.Postage and stationary Rs. 150 14.Petrol for delivery van Rs.350 15.Interest Received Rs.1500 16.Withdrawn cash from SBI Rs. 50000 17.Loan from IOB RS. 75000
18.Das withdrawn cash from business for personal use Rs. 20000
19.Loan from IOB repaid by cash 20.Discount received Rs. 3000.
prepare journal entry​

Answer 1

Costs

200000 + 50000 + 45000

+ 7000 + 5000 + 300000 +33000 +50000 +3000 +800 +2100+ 150 +350 +1500 +50000 +75000 +20000 +3000+ 20 =845920

Answer 2

Answer:

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