Question

50.000
June 30
2020
5 Deposited in bank ........
Purchased goods for cash
8 Purchased goods on credit from Hari
Purchased goods from Suresh for cash
May
May
May
May
May
May
10
May
May
May
May
14 Sold goods for cash
15 Sold goods to Karim....
80.000
10.000
30.000
5.000
4,500
3.000
4.000
7,000
6.500
5.000
3.500
5.000
5.000
6,000
3.000
19
18 Sold goods to Bansi
May
Withdrew from bank for office use
May
29 Paid rent for residence
May 30 Purchased a cycle for his son
Paid to Ajay in settlement of his account
May
May
3.800
30
Entries
Record the following transactions in the Journal of Amitabh:
1 Amitabh started business with cash ..........
2 Purchased furniture from Modern Furnishers for cash
12 /Purchased goods from Ajay.
16 /Sold goods to Ganesh for cash.
May 20 Karim paid on account.​

Answer 1

Answer:

1 cash ______Dr A/c

capital _____crA/c

Explanation:

2 furniture_____ Dr A/c

cash_____cr A/c