Question

EXERCISES
1.
Journalise the following transactions and post them into ledger :
2016
Nov. 1
Started business with cash 40,000
credit,
Nov.2
Purchased goods from Mandeep 6,000
Purchased goods from Rajpreet 8000
Nov.4
Nov. 10
Sold goods to Pankaj for cash 6,000
Nov. 15
Cash Sales 8,000
Nov. 18
Nov. 26
Nov.28
Paid to Mandeep 2,000
Cash received from Pankaj 1000
Paid wages 1200
Cash received from Pankaj 2,000
Paid to Rajpreet 1,700
Nov. 29
Nov 30.​

Answer 1

Answer:

$11 + 11 = 22 \\ \\ 22 + 22 = 44$

Answer 2

Answer:

11+11=22

22+22=44

Explanation:

have a great day tomorrow.