ILLUSTRATION 26.
Journalise the following:
2017
March 1
March 2
March 4
March 6
March 10
March 13
Mukesh Bros. invested 2,00,000 in business of general stores.
Paid into Current Account 1,20,000.
Purchased goods for 360,000 and paid 2,000 for carriage on these goods.
Purchased goods for 1,00,000 on credit from Raghunath Brothers, paid
31,200 for carriage on these goods.
Purchased machinery for 10,000 and spent 100 for its carriage.
Payment made to Raghunath Brothers by cheque after getting 10% discount for
prompt payment
Additional cash introduced by the proprietor 50,000.
Spent *25,000 for show-case.
Purchased goods from Ravi for 12,000 and the payment was made by cheque.
March 16
March 17
March 20
March 22
Soldth of above goods at a profit of 33% on cost.
March 28
Bank charges for its services 200.
SOLUTION :
JOURNAL
OL MUKESH BROS
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