Question

2017 Jan,01 Business started with cash Rs 25,000 Jan,03 Opened bank Account with SBM Ra. 5,000 Jan,05 Bought goods from Satish on credit Rs.7,000 Jan,20 Drew cash from Bank for personal use Jan,22 Bought Postage stamps Rs 100 Jan,25 Drew cash for personal use Rs 1,000 Jan,28 Commission received in advance P_{\pi} 400 Jan, 08 Issued cheque infavour of Satish Rs 4,000 Jan, 18 Bought office furniture Rs 3,000 Jan,07 Returned goods to Satish Rs.500 Jan, 15 Paid Electricity bill Rs 750 Jan, 10 Gave charity Rs 500 7. Journalise the following transactions:​

Answer 1

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