Question

4. (a) From the following transactions of Raju Trading Co. Prepare Journal
2020
Jan. 1 Raju commenced business with cash 2,00,000,
Jan. 10 Cash withdrawn from business for domestic use 20,000,
Jan. 15 Additional Capital introduced in the business 50,000,
Jan. 20 Income Tax paid 10,000.
Jan. 25 Personal Car introduced in the business 4,00,000,
Jan. 28 Life Insurance Premium paid 10,000.
Jan. 31 Personal Cash paid to purchase building for the business 33,000000
(b) Journalise the following transactions in the books of Shriya,
2020
Jan. 1
Jan. 2
Jan. 6
Started business with Bank 2,50,000 & Cash 1,00,000 by Shryn
Paid school fees of proprietor's daughter from the business? 10,000
Shriya withdrew cash? 18,000 for her birthday party from her parte
account
Jan. 10 Rent of the Owner's House paid from Business 20,000,
Jan. 15 Cash withdrawn by Shriya for her House use 4,000
Jan. 18 Rent Received from Busin​

Answer 1

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Answer 2

Answer:

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