Question

8. Journalise the following transactions in the books of Sushma :
2018
Mar1 Sushma started business with bank balance 4,00,000.
Mar. 4 Paid for holiday trip of Sushma's family from the business 95,000.
Mar. 6 Income tax paid by cheque? 19,000.
Mar. 10 Further cash introduced by proprietor into the business 55,000.
Mar. 14 Rent of the residence of the proprietor paid from his own pocket 14,500,
Mar 18 Personal cash paid for the purchase of furniture for the business 18,000.
Mar-22 Purchased AC for personal use and payment made from the business bank account 24.000
Mar. 26 Goods withdrawn for personal use 9,000.
Mar 30 Rent received on business account deposited in personal bank account 40,000.​

Answer 1

in the books of sushma journal entries

Answer 2

1. 26 goods withdraw for personnel