Question

2016
May 1 Started business with cash 50000
May 3 Bought goods for cash 8000
May 6 Sold goods to Mohan 9000
May 9 Bought goods from Sumit 11000
May 12
Sold goods to Ramesh for cash 4000
May 15 Bought furniture for cash 8000
May 20
Paid wages to Gopal 3000
May 23
Withdrew goods for personal use 1000
May 27
Paid rent in cash 2500
May 29
Cash received from Mohan 8000
May 30
Paid cash to Sumit
10,000
Ans. Total 1,14,500)
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Answer 1

Explanation:

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