Question

26. Journalise the following transactions in the books of Shri Bharat:
Date
Transactions
2016 Sept 01 Started business with cash
Amount
50.000
10.000
20.000
25.000
Sept03 Opened an account in Canara Bank
Sept 06 Cash purchases
Sept 08 Bought goods from Radhakrishna
Sept 10 Sold goods for cash
Sept 15 Sold goods to Bhavana on credit
Sept 18 Cash Paid to Radhakrishna on account
30.000
23.000
15.000
22.500
Sept 25 Received cheque from Bhavana in full settlement of
her account
Sept 26 Paid rent by cheque
Sept 28 Interest credited to our account at Canara Bank
Sept 30 Pald salary
2,000
300
3,000​

Answer 1

Explanation:

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