Enter the following transactions in Nitin's Book and post them into Ledger :
1988
1st Jan , Nitin started business with cash 20,000
16th Feb , purchased goods for cash 12,500
26 Feb , sold goods for cash 15,000
10 may , purchased goods from Suresh 9000
27 may , sold goods to Rajesh 10,000
16 June , paid cash to Suresh 9000
30 June , cash received from Rajesh 10,000
6 August , purchased goods from Durga das for cash 9500
10 October , purchased goods from Roshan 8000
25 November , paid cash to Roshan 7950 , discount allowed 50
31st December , paid salaries 300
Please help meeeee
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Answer:
1.cash a/c. dr. 20,000
to capital a/c. 20,000
2.purchase a/c. dr. 12500
to cash a/c. 12500
3.rajesh a/c. dr. 10000
to sale a/c. 10000
4.
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