Question

3. Record the following transactions in simple cash book for Jan 2019.
Jan 01 Sundar started business with capital Rs 2,00,000
Jan 02 Purchased machinery Rs 50,000
Jan 06 Purchased goods for cash Rs 1,20,000
Jan 08 Sold goods for cash Rs 1,64,000
Jan 12 Opened a current A/c in SBI Rs 1,00,000
Jan 16 Cash sales Rs 82,000
Jan 20 Advertising charges paid Rs 50,000
Jan 23 Interest received Rs 80,000
Jan 26 Paid to Kishore Rs 20,000
Jan 31 Rent paid for the month Rs 8,000​

Answer 1

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