4. Give Journal entries for the following transactions in the books of Addison :
2014
7.
April 1
1.50.00
40.00
April 2
April 3
April 6
April 8
Started business with Cash
Cash purchases
Sold goods to Luke
Returned defective goods by Luke
Received cash from Luke
20.000
2.000
18,706
and Discount allowed
300
30.00
18.001
April 9
April 10
April 10
April 12
April 15
400
Chander sold goods to us
Puneet purchased goods from us
Paid insurance premium
Paid for Life Insurance Premium of Addison
Paid Cash to Chander
and Discount allowed by him
Bought goods from Jacob, list price 10,000 less 20% trade discount
Paid to Jacob
1,000
24.750
250
April 18
April 22
6.000
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