50 transactions for accounts project
Answers
1. Goods sold on credit to Suresh
2. Goods purchased on credit Hiresh
3. Goods destroyed by fire and insurance company admitted claim
4. Paid rent
5. Deposited cash into bank
6. Payment received by cheque
7. Commenced business with cash or asset
8. Commission received
9. Salaries paid
10. Payment made by cheque
11. Opened current ac by depositing cash
12. Goods distributed as free samples
13. Uninsured goods destroyed by fire
14. Returned goods which were purchased
15 . Received goods sold
16. Purchase of shares
17. Withdrew for personal use
18. Debtor declared as insolvent
19. Cash purchases
20. Credit Purchases
21. Send telegram to supply goods
22. Audit fees paid by cheque
23. Paid life insurance premium
24. Payment made in full settlement
25. Payment received in full settlement
26. Purchased furniture and carriage charges paid
27. Paid office rent
28. Paid travelling expenses
29. Gave loan with interest
30. Received loan with interest
31. Discount received
32. Discount given
33. Purchase of a livestock
34. Insurance premium paid
35. withdrew from bank for personal use