Question

April 25
th
10,000
7. Pass the necessary Journal entries for the following
2020
April 1 Deposited in bank for opening a Current Account..
April 2 Withdrawn from bank
5,000
Liabilitz
Pass ne
Miscellaneous
April 5 Received a cheque from Ramesh to whom goods were sold for 12,000 last year
Allowed him 1% discount on payment
pril Ramesh's cheque deposited in bank
ril 9 Ramesh's cheque dishonoured (bank charges 20)
hi 20 Ramesh settled his account by issuing cheque including 60 for interest
i 21 Cash directly deposited by Raja (Customer) in bank account ..........
23 Bank draft got issued in favour of M/s Lal & Sons 5,000. Bank charges 700
28 A bill of exchange of 4,000 (due after one month) discounted from bank for 3,800
30 Bank charges debited by bank.............
12. Follow
12,080
8,000
2020
And IF
Apri 2
April 3
400
30 Goods sold for cash 7,000 and half of the sale proceeds deposited in bank
April 4
actions Relating to Goods​

Answer 1

Answer:

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