Haridas and company 1.Started business with cash Rs.10,000, furniture Rs.4,000 and machinery Rs.5,000. 2.Bought goods from Anil on credit Rs.4,000 and for cash Rs.5,000. 4. Bought goods from Arun Subject to trade discount of 2% of Rs.2,000. 3.Sold goods to Rajesh on credit Rs.5,000 and for cash Rs.3,000. 5. Sold goods to Ramesh subject to trade discount of 5% of Rs.4,000. 6. Paid salary Rs.1,000, printing Rs.150 and wages rs.100. 7. Received rent Rs.500, commission Rs.400. 8. Received a cheque from Ganesh Rs.1,000.
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