Question

business for personal use 200
. (Journal Entry) Journalise the following transactions in the books of Karanjia Bros
(1) Karanjia commenced business with 4.000 of which * 1.500 was borrowed from his
wife as loan at 6% interest
() Purchased office equipment for 200 from Sunder
(ii) Bought goods from Parkash at one month's credit for 600 of which half were
invoiced to Manohar at 30% above cost
(iv) Paid carriage and cartage on goods sold to Manohar Chargeable to his account. 10
(v) Kulwant sold us goods worth 800 and he paid railway freight 30 on our
account
(vi) Office rent 40 for the month was paid to landlord.
(vii) Purchased 25 shares of Hindustan Lever Ltd. at 75 per share
viii) Received * 25 as dividend on the above share
(ix) Sold goods to Mohinder, 450
(x) Gurdial invoiced goods to us, 930.
(xi) Sent goods to Fernandes against his pending order of the last month, 600
ii) Paid salaries to clerks, 210 and advertising expenses 20.
iii) Withdrew 60 for personal use.​

Answer 1

Answer:

please make questions of more poin ts

Explanation:

its just 5