Question

22. Journalise the following transactions in the books of Salem brothers.
2018
March 1 Started business with cash R1,00,000
March 2 Bought goods from kamal 20,000
March 5 Cash paid to Kamal R20,000
March 8 Sold goods to Kumar 15,000
March 10 Commission received 1,500
March 11 Salary paid R4,000
March 15 Goods issued for personal use *4,500
March 18 Cash received from Kumar14,400 and discount allowed 600
March 20 Furniture purchased for cash 5,000
March 25 Goods destroyed by fire 22000​

Answer 1

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