Question

Exercise: 1. Journalise the following transactions of Mr.Arun for the Month of January 2007. Rs. Jan 3 Received cash from Ramkumar 60,000 4 Purchased goods for cash 15,000 11 Sold goods to Damodaran 22,000 13 Paid to Ramkumar 40,000 17 Received from Damodaran 20,000 20 Bought furniture from Jagadeesan 5,000 27 Paid rent 1,200 30 Paid salary 2,500
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Answer 1

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