Question

8. Journalise the following transactions in the journal of S. Shyam & Co. 20X
Jan. 1
Jan. 3
Jan. 5
Jan. 9
Jan. 12
Jan. 15
Jan. 18
Started business with cash * 60,000 and goods + 30,000.
Paid into Current Account * 24,000.
Sold goods to Mohan 12,000.
Goods returned by Mohan 1,200.
Goods purchased from Shyam * 18,000.
Goods returned to Shyam * 900.
Purhcased goods from Anwar * 60,000.
He allowed 10% Trade discount.
Received a V.P.P from Sunita for * 6,000,
Sent a worker to collect it who paid * 42 as cartage.
Paid interest on loan * 180.
Jan. 21
Jan. 22​

Answer 1

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Explanation:

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Answer 2

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