Question

A/C
Purch
halise the following transaction in the books of H
Jan 1 Started business with cash * 1, 65,000
Jan 2 Bought goods from Tara 22,000
Jan 5 Cash paid to Tara 22,000
Jan 8
Sold goods to Nariman 12, 0003
Jan 10 Commission received 1,000
Jan 11 Salary paid 5,000
Jan 15 Goods issued for house hold purpose
Jan 18 Cash received from Nariman * 11,700
Jan 20 Cheque given for Insurance premium
hoood for cash 3 non​

Answer 1

Answer:

1. cash Dr

To capital Cr

2. Purchase Dr

To Tara Cr

5. Tara Dr

To Cash Cr

8 Nariman Dr

To Sales Cr

10. cash Dr

To Commission Received Cr

11. Salary Dr

To Cash /Bank Cr

15. Drawing Dr

To purchase Cr

18. cash Dr

To Nariman Cr

29. Insurance Premium Dr

To Bank Cr