Question

1st January 2014. Shri K.K. Arora has 4,000 as cash in hand His transactions during
are as follows
8.000
3.200
2.100
3.100
1 Drew from bank for office
Paid wages
1 Paid Rent
Received from Jatin
Discount allowed to him
2 Cash Sales
2 Paid into Bank
3 Paid to Bhushan Kumar (in full settlement of 3,500)
4 Goods purchased for Cash
100
5.000
2.000
3,350
400​

Answer 1

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