Question

April 1 Moti Lal starts bu
20 000 out of which goods worth
12,000 were on credit from Shyam Lal
Moti Lal starts business with <10,000 cash and a building worth 50.000
April 3 Purchased goods worth * 20,000, out of which goods worth 12.000
April 4 Sold goods on credit worth 16,000 to Ramnath.
April 5 Received 15,600 from Ramnath in full settlement of his account
April 7 Paid 11,800 to Shyam Lal in full settlement of 12,000 due to him.
April 8 Paid wages 500 and salaries 2,000.
April 9 Purchased a machinery from Marshal and Sons for 2,000 on credit.
April 12 Depreciation of 200 was provided on the machinery at the year end.
April 13 Withdrew 500 from the business for personal expenses.
April 15 A cheque amounting to 500 deposited in the bank was retumed dishonoured.
47. Journalise the following transactions in the books of Rajesh :​

Answer 1

Answer:

April 1 Moti Lal starts bu

20 000 out of which goods worth

12,000 were on credit from Shyam Lal

Moti Lal starts business with <10,000 cash and a building worth 50.000

April 3 Purchased goods worth * 20,000, out of which goods worth 12.000

April 4 Sold goods on credit worth 16,000 to Ramnath.

April 5 Received 15,600 from Ramnath in full settlement of his account

April 7 Paid 11,800 to Shyam Lal in full settlement of 12,000 due to him.

April 8 Paid wages 500 and salaries 2,000.

April 9 Purchased a machinery from Marshal and Sons for 2,000 on credit.

April 12 Depreciation of 200 was provided on the machinery at the year end.

April 13 Withdrew 500 from the business for personal expenses.

April 15 A cheque amounting to 500 deposited in the bank was retumed dishonoured.

47. Journalise the following transactions in the books of Rajesh :

Explanation:

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