Question

17. Pass the Journal entries from the following transactions and post them into ledger:
2009
Dec. 1 Started business with cash 20000
Dec. 3 Purchased goods for cash 5000
Dec. 4 Cash received from Dilshan 3000
Dec. 6 Cash deposited into bank 2500
Dec. 7 Cash sales 1800
Dec. 9 Goods purchased from Muralitharan. 6000
Dec. 12 Paid cash for stationery 700
Dec. 18 Paid cash to Mubarak in full settlement of 300 =290
Dec 21 Paid salaries for the month 4000
Dec. 24 Interest on capital 300
Dec. 29 Paid to Muralitharan in full settlement 5850

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Answer 1

Explanation:

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