Question

H. W
Transaction of Bank :
Write Journal Entry for Krishna for the following transaction:
2014
March 1 20,000 deposited with bank and opened account.
5 A cheque of 5000 received from Hari, which immediately deposited with bank.
6 A cheque of 2000 received from Ramaniklal for dues
10 Goods sold to Rupali 14,000, out of which cheque received for half amount,
which deposited with bank
12 Goods of 10,000 purchased from Deepkala and paid half amount by cheque.
15 400 withdrawn from bank for personal expenses and 800 for office expense.
18 Life insurance premium 300 and fire insurance premium 450 paid by
cheque.
20 Bank has approved over draft of * 25,000.
25
Bank has credited interest of 250 and debited bank charges of * 100.
31 A cheque of 5000 issued for foreign visit of son of owner from business.
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Answer 1

Explanation:

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