Question

From the following transactions Prepare necessary journal entries in the 5 points
books of Mr. Joshi.
2011 July
1 Started Business with Cash Rs 8,000.
2011 July
4 Purchased goods on credit from Mr. Desmukh Rs 3,000 at 10% T.D.
2011 July 6 Cash Sales Rs 4.000 at 5% C.D.
2011 July 10 Paid Rent Rs 900.
2011 July 15 Cash Purchases Rs 800.
2011 July 20 Credit sales to Mr. Kulkarni Rs 2,700.
2011 July 22 Paid cash to Mr. Deshmukh Rs 2,700.
2011 July 25 Withdrew cash personal use Rs.5.000
2011 July 23 Received cash from Mr. Kulkarni Rs 1,000.
31 Paid wages Rs 500.​

Answer 1

Explanation:

OTHER ENTRY WILL BE SENDED .