Analysis of transactions as per Traditional Approach
Q.7. Prepare a chart showing Analysis of the following transactions in a Tabular form according to Traditional
Approach:
i. Rajasaheb started business with cash 85,000.
2.Goods Purchased for cash 5,000.
3.Sold goods on credit worth * 6,000.
iv. Cash deposited into Bank of Maharashtra 12.000.
5Interest received 700 from Radhika.
vi. Paid Rent 2,000 to landlord.
vii. Bought goods on credit from Birajmohan * 7,000.
viii. Withdrew cash from bank * 1,000 for office use.
ix. Purchased computer worth * 9,000 for cash.
X. Paid Mobile bill (office) 500.
11.Sold old Mobile for 2,000.
xii. Received Rent 1,000 from tenant.
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