Question

50 transactions of accounts

Answer 1

started business with cash
paid into Bank
goods sold to Mohan
goods returned by Mohan
goods purchased from Shyam
goods return to Shyam
furniture for office use by cheque
purchase goods for cash
paid cartage
paid interest on loan
paid salary
paid rent
paid wages
purchase good of 20000 out of which goods of 12000 were on credit from Shyam Lal.
Sohan is declared insolvent received from his official received a dividend of 60000 rupee on debt of 1000.
cash deposited for opening an account 12000
cash withdrawal for official use 10000
cash withdrawal for personal use 600
payment by cheque to the creditor 7000
payment by draft to a creditor 800
payment of expenses 5000
charges paid to bank 900
after received from a debtor
interest rate charged by the bank 12000
interest allowed by bank
collected by bank on behalf of debtor 800 repayment of bank loan in cash 8000
repayment of bank loan by issuing of cheque 12000
transfer of fund from one bank to another bank from SBI to Punjab 800 .
fixed deposit account in bank by transfer from current account 5000