Question

20 TRANSACTION OF JOURNAL GOURNAL ENTRY

Answer 1

1.)Cash received from Ramesh. 1500
2.)Cash paid to Amit. 2000
3.)rent paid amounts to 1000
4)salary paid for month of march 5600
5).Fan purchased for business 1200
6).owner withdraw amount 12000 for personal use
7).owner introduced capital 67000
8).Nilesh purchase goods on credit.7800
9).Nilesh returns goods of 890 and paid 6910 full settlement.
10.)Goods purchased from Raghav 12300 as total and at discount of 550.
11.)Janki borrows amount from business 12900
12.) Electricity bill payment of 568
13.)Discount recd from paying water bill 678.
14.)Amount 3999 paid for printing charges for advertising.
15.)Bank deducts 570 as bank charges.
16.) Owner borrows funds 56000 from Nandini Jha
17.)Owner purchase car for business 1050000.00 through loan from icici bank from which 80000 paid by cheque to car dealer.
18.)Owner purchase LIC amounts to 5600
19.)payment of 6700 insurance charges for car purchased.
20.) Payment for insurance of an employee 6000.00

that's it. I hope it's helpful for u.

I typed informally for just an idea.