Question

Enter the following transaction
in a double column cash book of M/s. Mohit Traders for Jan.
2019
01 Cash in hand
3,500
Bank overdraft
2 300
05
200
10 Cash sales
8,000
Deposited into bank
6,000
Sold goods for Rs. 3500 Samual for Cheque and deposited the cheque into bank on
same day
Samual's Cheque dishonoured
Drew from bank for personal use
1,000
Bought goods by cheque
1,000
Sold personal jewellery and invested into business
10000
Pass necessary Journal entries for the following transactions​

Answer 1

Explanation:

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