Question

38. Journalise the following transactions of R.K. Enterprises :
2018
April 1
Motilal starts business with cash 10,000 and a building worth 50,000.
April 3
Purchased goods worth 20,000, out of which goods worth 12,000 were on credit from Shyam Lal.
April 4 Sold goods on credit worth 16,000 to Ramnath.
April 5 Received 15,600 from Ramnath in full settlement of his account.
April 7
Paid * 11,800 to Shyam Lal in full settlement of his account.
April 9
Purchased a machinery from Marshall and Sons for 2,000 on credit.
April 12 Depreciation of 200 was provided on the machinery at the year end.
April 13 Withdrew 500 from the business for personal expenses.
April 15 A cheque amounting to 600 received from Kanishak and deposited in the bank was returned dishonoured.
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